This topic is interesting to me as cryptocurrency gives a lot of insight into the psychological aspect of economics and the value of something. The technology is interesting but I personally only see it being used as an asset and investment for people

I would say not to be scared of cryptocurrency in general, Bitcoin is the true idea of cryptocurrency and the state of the market with all the scams is just taking advantage of the current technological state of society. I still support the idea of Bitcoin but just don't it see it being fully adopted.

The video does a nice job explaining the value of cryptocurrency compared to a FIAT currency while also recognizing that it is generally treated as an investment. We will explain the value of Bitcoin further in detail in the next video.

I chose this video as it is one of the most recent videos that I can find. I find it interesting how well known cryptocurrency is and how many people seem to only view it as an investment and that is why I don't think it will ever become a global currency. People generally have the same opinion that is a very volatile investment.

Seeing the evolution of currency to cryptocurrency is well explained and easy to follow. However just because it is a good idea and works, doesn't mean governments will use it and it will have a mass adoption as a global currency. Because of this, it is generally treated as an asset for investment.

This video goes through several examples which I find very useful instead of just explaining the numbers as that is very hard to follow. There are a few good tips on how to save money on your taxes in Canada. Even though this video is a bit older, it is still relevant and provides a good channel to follow to stay updated on tax regulation in Canada.

This website goes into multiple various facts about Bitcoin in a very detailed way. It explains the inflation of FIAT versus Bitcoin however cryptocurrency is only worth anything tied to a FIAT currency. I think this is an interesting point and that if FIAT currency eventually is worth nothing, what would the value of Bitcoin be?

I chose this as it is the most accurate information on what the current laws and regulations are around cryptocurrency in Canada. The website does a good job explaining what cryptocurrency is and the risks of investing in it as well. I learned that Canada is working on digitization of its own dollar which of course will the the general trend of most FIAT currencies. This is basically how it is done already anyway.

I learned how little the global cryptocurrency market cap is still compared to the stock market. The cryptocurrency total market was only 2.5% of the stock market in 2021 (globally).

Of course the interesting thing about Bitcoin is that the supply will eventually be fixed.

I chose this website because you can search almost anything and it is very well organized and easy to use. I learned just how big the gold market is and was quite fascinated. I think there are a lot of similarities between gold and Bitcoin as they are both seen as very valuable under very specific conditions. While gold is of course well adopted and used for its elemental properties, Bitcoin is not adopted as a digital decentralized currency and therefore remains only an asset.