In case you missed it. New from @Bitcoin Coalition of Canada: “Incentivizing Heating System Electrification in Canada Without Carbon Taxes"
A look at how Bitcoin mining can help achieve electrification and decarbonization goals across Canada.
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New BCC policy paper released today.
“Incentivizing Heating System Electrification in Canada Without Carbon Taxes”
Author: Matt Carlsson, MASc, PEng
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🇸🇻 El Salvador
👥 Pop: 6 million
📊 GDP per capita ~$6000
SBR: 6134.18 Bitcoin (BTC)
🇨🇦 Canada
👥 Pop: 41 million
📊 GDP per capita ~$56,000
SBR: 0.00 Bitcoin (BTC)
@MarkJCarney @PierrePoilievre @theJagmeetSingh @yfblanchet @ElizabethMay @MaximeBernier #cdnpoli #elxn45
The March edition of our monthly e-bulletin “TwentyOne" is out. We provide major updates on Strategic Bitcoin Reserves including renewed calls for action by Canadian governments, businesses, unions, and pensions.
🇨🇦 CALL TO ACTION: Email or call your Member of Parliament (MP). Ask them what their position is on BCC's four federal policy recommendations: bit.ly/42i6FfN
Find your MP by entering your postal code: ourcommons.ca/members/en
Government-issued money (CAD, USD, Euro, and others) as well as traditional financial institutions (eg, banks) can and will be weaponized by governments across the political spectrum. Bitcoin (BTC) is a censorship-resistant, decentralized, global network and money that enables individuals and groups to resist censorship and oppression. Bitcoin (BTC) is resistance money. Bitcoin (BTC) is for everyone.
BREAKING: The Bitcoin Coalition of Canada has written to all Canadian Members of Parliament and Senators asking them to indicate “Support”, “Opposed” or “Undecided” on each of our 4 federal policy recommendations. We will report on results in April 2025.
1️⃣ Implement a de minimis tax exemption for Bitcoin transactions under $10,000 CAD and commit to a more detailed study of how best to facilitate Bitcoin’s use as currency in Canada.
2️⃣ Eliminate capital gains tax on Bitcoin (BTC) held for more than one year.
3️⃣ Provide incentive support and remove regulatory red-tape to scale up Bitcoin mining in Canada.
4️⃣ Establish a Strategic Bitcoin Reserve (SBR) for Canada, with the goal of securing 100,000 BTC over four years beginning in 2025.
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