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5 Reasons Why You Want To Use A Bitcoin ATM

Bank Ban   Banks have made buying Bitcoin increasingly difficult. Most major banks in Canada have outright banned the use of their customers’ accounts to purchase goods and services related to cryptocurrency. Though users of a Bitcoin ATM are still free to buy and sell Bitcoin, Litecoin, and Ethereum using their hard earned cash directly…

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Draining the Swamp With Blockchain Technology

  When someone mentions crypto you most likely think of bitcoin.  However, crypto goes beyond just a digital currency, as it has the potential to revolutionize data collection and storage as we know it. Take for example the Canadian government’s experimentation with the Ethereum blockchain to log the spending habits of the National Research Council.…

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How Wall Street is shaking up the Crypto Market

  Since Bitcoin’s conception, banks have given crypto the cold shoulder, however recent developments suggest Wall Street is warming up to Bitcoin. Traditional financial institutions have watched from the sidelines as the price of Bitcoin has skyrocketed, however the fear of missing out (aka FOMO), may be shifting sentiment. The buzz surrounding Bitcoin has finally…

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CONFIRMED: Crypto Is Not a Threat to Financial Status Quo

  In an interesting turn of events, the IMF released a report stating “crypto assets do not appear to pose macrocritical financial stability risks.” The report focused on the potential for crypto to increase the efficiency of existing monetary systems, while also providing customers with additional means to diversify their portfolio. They were hesitant to…

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Making Bitcoin Tangible

As much as most early adopters don’t like to admit, cryptocurrencies are a consumer product and like any other product in their infancy, crypto needs to resonate with mainstream consumers. The difficulty lies in getting the public comfortable with the idea of crypto, as it is currently portrayed as a technically advanced system. While times…

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Financial Dynasties Invest In Crypto, What’s Next?

Crypto has always attracted speculative investors due to its sometimes volatile and incredibly lucrative returns. 2017 saw unprecedented growth in cryptocurrency, with many traditional investors taking interest in the digital currencies.  The Rockefeller’s are the most recent financial titans to have entered this space. Following in the footsteps of business magnate George Soros and the…

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Why the Bank Ban on Crypto Doesn’t Matter

In February, TD announced that it would not allow its clients to purchase bitcoins with any of their credit cards. Scotiabank quickly followed suit, but went a step further by banning the use of both credit and debit cards. Recently, in a leaked document post on Reddit, it was revealed that BMO circulated an internal…

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Bitcoin ATM’s Are Now In The TTC

  LocalCoin is excited to announce our exclusive partnership with Gateway Newstands.  With over 500 Convenience stores across North America, Gateway Newstands provides extremely convenient and accessible locations for our Bitcoin ATMs.   You can currently find us in over 10 Gateways across the Greater Toronto Area. Having our ATMs located in easily accessible and…

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Googles’ Crypto Ban: Here’s What We Know

Google AdWords’ platform wide ban on all cryptocurrencies and its related content has been met with mixed emotions.  The new policy update would effectively stop any ICOs (Initial Coin Offerings), exchanges, wallets and cryptocurrency trading advice forums from utilizing Google’s advertising platforms. Those in favour of the ban cite the dangers related to cryptocurrency scams…

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