https://padlet.com/abhishekr2k00/rh4t7zjzimu7 BY ABHISHEK RANA en-us 2019-11-24 20:38:20 UTC 2019-11-25 00:02:41 UTC hello@padlet.com https://www.sabre.com/wp/wp-content/uploads/bitcoin-concept-716x415.jpg abhishekr2k00 https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415898066 Digital currency is a type of currency that has no physical form and only exists in digital form. Digital currencies include virtual money and cryptocurrency]]> 2019-11-24 20:52:31 UTC https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415898066 abhishekr2k00 https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415899795 This website explains that how the trend have shifted within the last 10 years in Canada about going cashless and using digital money. Last year people used cash for 1 in 3 transactions. The invention of bitcoins and modern currency has provided some people a way to save their black money and transferring it illegally at any part of the world without paying any tax .

I choose to include this website because it contains the information about the digital security of the money and the use of private digital currency such as bitcoins . Bitcoins are not market specific or safe to have because they keep fluctuating on their prices from high to low rate per bitcoin]]> 2019-11-24 21:01:07 UTC https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415899795 abhishekr2k00 https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415902071 In this website it is shown how cryptocurrency  (bitcoin) came into existence on 9 January 2009 and now how people are crazy for this. This was one of the main step towards the cashless society and digital currency. 
Cryptocurrency is  Irreversible which means ,After confirmation, a transaction can‘t be reversed. This is the fastest and the safest way to transfer money anywhere in the world. Digital currency  was the great success in the society which  generally boosted the economy of most of the countries with a great success.

I choose this website because it covers more about the invention and success of this digital currency. How it boosted the  economy  of Canada and other countries. ]]> 2019-11-24 21:13:42 UTC https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415902071 abhishekr2k00 https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415905586 Here it is shown that Digital currencies are not supported by any government or central authority, such as the Bank of Canada.Financial institutions, such as banks or credit unions, don't manage or oversee digital currency. Unlike traditional ATM, they are not connected to your bank, credit union  network. So bank or other institution can charge tax or extra money for using bitcoins as they are private.

I choose this website because it has show the risk of using of using the bitcoin and the terms which are connected with digital currency and government laws for using digital currency .

]]> 2019-11-24 21:32:20 UTC https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415905586 abhishekr2k00 https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415908498 This website shows how cryptocurrency is taxed in Canada. It says if you are making profit from bitcoins than you need to pay the tax and if you are not selling your bitcoins on official way that a person can get free from paying tax but than there will be many problems which he need to face after breaking the law.

I choose this website because it is showing the consequences of not paying tax and breaking government law. Than to be aware from this people need to take advice from the experienced accountant to play on safe side.]]> 2019-11-24 21:46:39 UTC https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415908498 abhishekr2k00 https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415913681 2019-11-24 22:15:40 UTC https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415913681 abhishekr2k00 https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415915436 I this video provided information is about how going cashless can help the country to boost its economy. Because most of the people who work for cash  or earn cash don't pay taxes and  which literally decreases the economy.So to overcome this government welcomed digital currency which can overcome corruption by tracking where people are spending money .

I choose this video because this shows the need of bringing digital currency to handle corruption and the betterment of the society.]]> 2019-11-24 22:25:38 UTC https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415915436 abhishekr2k00 https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415917345 This video shows the comparison between countries about their economy by improving the technology . This comparison shows the advancement required for Canada according to Sweden and china as the are pushing towards the digital currency .

I choose this video because there is a debate between how cryptocurrency can help in trading and in future going cashless but its effect also and relation with different countries.]]> 2019-11-24 22:38:18 UTC https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415917345 abhishekr2k00 https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415921725 This video shows that how Canadian tax agency is targeting the bitcoin users by their transactions and keeping an eye on their account to keep them down the road.
Also talk about some websites which sells bitcoins online and from which most of the are fraud.

I choose this video because it shows how Canadians are being targeted online by different websites for their account information and encouraging them for using and purchasing bitcoin etc illegally.]]> 2019-11-24 23:02:29 UTC https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415921725 abhishekr2k00 https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415922751 This video shows that how the cryptocurrency  first came in Canada  and how it was so successful here. It also shows how the shops and big industries started accepting bitcoins for trading in a legal way to promote a way towards digital currency.

I choose this topic because this video illustrate the use and profit of using bitcoin and how it was a great success in Canada. On comparison to other videos this video was short but was effective and informative. ]]> 2019-11-24 23:08:44 UTC https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415922751 abhishekr2k00 https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415927676 This picture shows how Canadian banks worked to decrease the cash currency and promote the digital currency to have a track on account of public by bank to decrease corruption also .This decision was taken openly and with government.]]> 2019-11-24 23:38:32 UTC https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415927676 abhishekr2k00 https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415928621 This picture shows how digital money have takeover bank currency with a great margins . Which shows the believe of people towards the digital currency and its profits. ]]> 2019-11-24 23:44:22 UTC https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415928621 abhishekr2k00 https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415929299 The best thing which i learned about my topic was the use and value of bitcoin. No one may have imagined that the value of 1 bitcoin can reach up to more than 10k. And than the success of digital currency in Canada. ]]> 2019-11-24 23:48:30 UTC https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415929299 abhishekr2k00 https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415929801 If a person want to transfer his money than back in time he needs to go to bank and do some paperwork which was very long process but know with digital currency you can do it with your mobile within few seconds.]]> 2019-11-24 23:51:18 UTC https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415929801 abhishekr2k00 https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415930212 The most important thing which i will pass is never try to break the law which is set by government for digital currency for use of bitcoins and other cryptovurrency and never trust on fraud websites which can make them fall in illegal works. And whenever doing work with money stay alert and attentive .]]> 2019-11-24 23:53:51 UTC https://padlet.com/abhishekr2k00/rh4t7zjzimu7/wish/415930212