The Canadian Senate has officially taken a pro-Bitcoin stance with regards to future national regulations of Bitcoin and other digital currencies. Their reports’ opening assessment of Bitcoin is as follows:
“Block chain technology offers a secure alternative to consumers who do not wish to see their personal information fall prey to the Internet. It offers the ability to transact on the Internet without sharing their personal information with third parties whose databases make juicy targets for hackers. Instead, block chain technology gives consumers the power to provide their own hack-proof online security.”
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