Buying Bitcoin in Canada. Use Bull Bitcoin!
Buying Bitcoin in Canada has never been easier than with Bull Bitcoin. The service is a world class bitcoin-only exchange that allows customers to deposit canadian dollars and receive BTC straight to their wallets.
Top Ten Questions About Bitcoin
The Bitcoin blockchain has now been active for over 12 years. In that time, it has gone from fractions of a cent and being used to buy pizza, to a store of wealth compared to gold. We answer some of the most common questions about Bitcoin here.
Jacinda Brown on Mining Bitcoin with Natural Gas
Jacinda Brown from CryptoKnight Energy joined us to talk about her experience of developing bitcoin mining farms alongside oil and gas wells. Jacinda brings her decades of experience as a geologist and working with oil companies to the relatively new space of using bitcoin miners to create more efficiencies within the systems of oil and gas extraction.
Mining Bitcoin with Hut 8
We had Sue Ennis, the vice president of corporate development from Hut 8 Mining on our podcast. Hut8 is a bitcoin mining company that is publicly traded on the NASDAQ and the TSX. Sue brought up a number of great points worth highlighting from the episode. There are two in particular that Go Full Crypto would like to focus on. The first is that bitcoin has a much larger potential to affect financial markets than people may realize. The other is that bitcoin has a specific role to play in acting as a buffer with its use in balancing energy grids.
Get Bitcoin in Canada with #ShakingSats
People approach us all the time to ask us how they can get Bitcoin. In Canada, Bitcoin is relatively easy to acquire, especially with a service called ShakePay. Bitcoin doesn’t have to be complicated, and thats the main reason we like ShakePay, they make acquiring Bitcoin in Canada extremely easy! To top it all off, they have a rewards program called #ShakingSats that lets you shake your phone once per day and earn Bitcoin. Lets break this down so you can start shaking your phone!
Paying Taxes with ShakePay
Paying Crypto Taxes in Canada can be easy, especially if you use an exchange like ShakePay. If you took advantage of the #ShakingSats program, then you need to report your earnings as income. Instead of spending hours working out the math, you can automate your crypto tax report with a service like Koinly. Simply import your ShakePay transaction history and pay your Canadian crypto taxes.
Isaiah Jackson - Bitcoin and Black America
Isaiah Jackson unites two seemingly unrelated topics in his book titled Bitcoin and Black America. The book is an excellent resource for learning about Bitcoin, but also about the plethora of economic injustices felt by the community of black american people. It is not immediately clear how Bitcoin, the dominant internet money can help with solving these problems. Fortunately, Isaiah Jackson is a master of breaking down the technical aspects of Bitcoin, and connecting them with articulate solution statements.
Do I Have to Buy a Full Bitcoin?
You do not have to buy a full bitcoin to hop aboard the most popular money train on the planet. You can buy fractions of a Bitcoin. One Bitcoin can be divided into 100 million separate pieces. Each piece, is called a Satoshi. The easiest way to conceptualize the Satoshi is by thinking of the smallest unit of your country’s currency. I live in Canada, so my currency units are called Dollars, or “Loonies”. The smallest unit of a dollar, is a penny, and there are 100 pennies in a dollar. This divisibility is one of the aspects that makes currencies so flexible.
Turning Cash Reserves Into Bitcoin
It was quite the day when I woke up to find that a publicly traded company called MicroStrategy had turned $425 million dollars of cash reserves into bitcoin. To be honest, this came out of left field. I had a feeling this would happen someday, I just didn’t think it would be so soon. Just eleven years after the launch of Bitcoin, and companies are already buying it as a wealth preservation strategy. BUT WHY!?
Bitcoin, The Land Amongst the Sinking Titanic
This thing (Bitcoin) that emerged out of nowhere in 2009, invented by someone(s) who has no identity, is Bitcoin. We're now at a point where it has become worth several hundred billions of dollars. It's not like in 2017 when this price was fragile, Bitcoin has never been stronger. How ridiculous is it that the world is turning to this esoteric form of money in favour of their government sponsored money? The answer, in my estimation, is quite ridiculous. Yet, here we are.
It is not Too Late to Buy Bitcoin
What we encourage people to do, is to recognize that we are in the early stages of the digital revolution. The entire planet is undergoing rapid changes to digitally connect each and every human being. The foundations of the internet were laid in the 1960’s and 1970’s, and it wasn’t until the 1990’s that the internet was commercialized. Asking whether or not it is too late to invest in bitcoin, is like asking whether or not it is too late to invest in the internet in 1990.
Billy Garrison (part 2)
In the second part of the interview with Billy Garrison, we talk about the Bitcoin Lightning Network. Billy breaks down exactly what it is, and how it is used by individuals all over the world. In a nutshell, the lightning network simplifies much of the complexities inherent to using bitcoin.
Billy Garrison (part 1)
What Billy brings to the table in this interview are the various nuances to the arguments for and against bitcoin. We found talking to Billy quite refreshing. Even though Billy may describe himself as a Bitcoin maximalist of sorts, he understands that there are pros and cons to every story.
Michael Peterson from Bitcoin Beach
If you’ve ever wondered whether or not a society or community that is completely running on Bitcoin would work, then this is the episode for you. In episode 16 of the Go Full Crypto podcast, Mrugakshee and I interview Michael Peterson, the founder and director of Bitcoin Beach.
Getting Paid in Bitcoin
Go Full Crypto explores how they keep their own Bitcoin reserves for various reasons. The underlying company to Go Full Crypto is The Atlantic Blockchain Company, and so we will be referring the company when talking about how we expensed a business purchase with Bitcoin.
Should you Spend your Cryptocurrency?
It’s pretty obvious that the second option in that list is anti-crypto in nature, as it is not a true peer to peer (P2P) transaction. However, it is likely a necessary stepping stone in the journey to Going Full Crypto. Asking whether or not you can spend cryptocurrency might actually not be the right question to be asking, but rather should you spend your cryptocurrency?
Ali Hamam from Tahinis Restaurant
Ali came into the cryptosphere as a result of his decision to convert the cash reserves of his business into Bitcoin. For many, this is a controversial decision. For us, this is what Go Full Crypto is all about. After listening to Ali’s reasoning behind this decision, it is clear that this was not a decision based out of impulse or FOMO (Fear of Missing Out). Ali spent a large chunk of time between January and March reading and consuming investment articles and podcasts. For us, Ali is a shining example of the ideal crypto journey.
Three Points of Analysis for Any Cryptocurrency
These three questions will end up revealing a lot about the nature of your investment, and whether or not it is a good one. These aren’t all of the questions you may want to ask, but they are a good start. It is certainly enough to get acquainted with the project to know whether or not you would like to invest.
Ali Hamam from Tahinis Restaurant
Ali Hamam lead his business into converting their restaurant cash reserves into Bitcoin just two weeks ago. For some, this is a radical idea, other people are wondering why more aren’t doing this sooner. This is a prime example of a business, and an individual that has gone Full Crypto. More specifically though, Full Bitcoin.