How To Invest Your Money In Canada

Canada is a premiere destination for global investors. It’s one of the safest destinations in the world. There are many reasons why investors flock to Canada. For one, this is considered to be one of the richest countries worldwide with its abundant natural resources which show in its GDP of $1.6 trillion in 2016. The country is also known for its strong alliance with the United States which has its advantages in line with investment opportunities. The benefits of investing in Canada are the following: Stable rate of inflation. Canada has an ideal monetary policy in place with interest rates capped at 1.0% and with very stable inflation rates. Rich in natural resources. Canada boasts of rich natural resources specifically crude oil and precious metals. Minimal budget deficit. In comparison to the United States with 9.8%, Canada has only a deficit of 2.1% in 2010. This is a relatively good number as compared to their neighboring Asian and European countries. There are...
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Big Websites That Accept Cryptocurrencies As Payment

It’s a new age of technology and cryotocurrency is taking over the marketplace. The digital economy is in need of a digital currency that can keep up with the speed of financial transactions. It’s not a surprise that giant companies are now accepting cryptocurrencies like bitcoin as payments for goods and services. This is now a legitimate digital currency and is now coined as cash. The values of cryptocurrencies may fluctuate like stocks but the speed and accuracy in the transfer and earnings with bitcoin can help boost the company. Cryptocurrencies like bitcoin is now accepted as a medium of exchange in some parts of the world especially with the integration of blockchain technology that seeks to change the way businesses are managed. Even political campaigns are now accepting bitcoin payments. It has been a slow yet steady rise, but cryptocurrencies are now widely accepted and big businesses have even partnered with blockchain companies that can facilitate the quick exchange of virtual...
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What You Need To Know About Investing In Bitcoin

With cryptocurrencies soaring, is it high time to start investing in bitcoin? Bitcoin is a global and digital currency that is now comparable to the value of gold. With people becoming dependent on technology and the internet, there is also an increased demand for a new currency – bitcoin. This newfound asset has caught the attention of eager and hungry investors who would want a slice of this cryptocurrency pie. One bitcoin is said to be equivalent to hundreds of dollars which makes it valuable than fiat money. The Law of Scarcity Bitcoins are playing out the law of scarcity and the law of demand and supply. Bitcoins are considered valuable because it is scarce or limited and is also useful in the society. It behaves the same way as gold. There is very limited supply of gold. With the quest on mining for more gold, less gold are left and it becomes more challenging to mine for new gold. Bitcoin and gold share...
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