DAVID GEORGE-COSH

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Has Canada Put a Question Mark Over the Bitcoin?

Bitcoin -- the virtual currency and global payment system -- is coming off a banner year. Recently an official from the Federal Department of Finance apparently indicated in an email to a media outlet that bitcoin is not legal tender in Canada. That was cause for David George-Cosh to suggest that Canada was "putting a question mark over the use of" bitcoin in Canada in a Wall Street Journal post. In my view, the comment from Finance does nothing to inhibit bitcoin's growth, acceptance, or adoption in Canada.