{"version":"1.0","provider_name":"4GoodHosting Blog","provider_url":"https:\/\/4goodhosting.com\/blog","author_name":"4GHadmin","author_url":"https:\/\/4goodhosting.com\/blog\/author\/4goodhosting\/","title":"A Current Day update regarding Bitcoins and Canadian Commerce - 4GoodHosting Blog","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"q3XNIKjDmH\"><a href=\"https:\/\/4goodhosting.com\/blog\/current-day-update-regarding-bitcoins-canadian-commerce\/\">A Current Day update regarding Bitcoins and Canadian Commerce<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/4goodhosting.com\/blog\/current-day-update-regarding-bitcoins-canadian-commerce\/embed\/#?secret=q3XNIKjDmH\" width=\"600\" height=\"338\" title=\"&#8220;A Current Day update regarding Bitcoins and Canadian Commerce&#8221; &#8212; 4GoodHosting Blog\" data-secret=\"q3XNIKjDmH\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/4goodhosting.com\/blog\/wp-includes\/js\/wp-embed.min.js\n\/* ]]> *\/\n<\/script>\n","description":"In this day and age being paid using Bitcoins can be a confusing and perplexing and even a daunting experience. Yet current buzz is that the Bank of Canada is considering the advantages of using so called encrypted-currencies, notably Bitcoin. Canadian companies may be able to benefit in various ways by accepting bitcoin and then in turn exchanging those for Canadian dollars. What should business owners be thinking about cryptocurrencies today and into the next year? Would it ever be advantageous to pay your employees or refund your customers with bitcoins? You might want to check out the Bitcoin Alliance of Canada which explores these type of topics. The Bitcoin Alliance website states it is: \u201cDedicated to raising awareness of bitcoin among Canadian consumers, merchants, and policy makers; to promoting bitcoin adoption in Canada; and to furthering study and research in bitcoin.&#8221; The need for bitcoin today This complex issue can be boiled down to some basic questions: \u201cWhat percentage of people are aware of bitcoin at this time?\u201d \u201cWhat is the general impression and trust of bitcoin as an alternative currency?\u201d \u201cWhat is the real benefit for a company that isn\u2019t involved in bitcoin as of yet?\u201d The answer [&hellip;]","thumbnail_url":"https:\/\/4goodhosting.com\/blog\/wp-content\/uploads\/2014\/12\/4goodhosting-bitcoin-canada-regulation.png","thumbnail_width":532,"thumbnail_height":306}