Should the government classify cryptocurrencies as legal forms of payment?
Cryptocurrencies are a collection of binary data which is designed to work as a medium of exchange wherein individual coin ownership records are stored on a public ledger using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of ownership.
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No, and the government should treat all transactions conducted in cryptocurrencies as suspicious of illegal activity
It's irrelevant what the government thinks.
Yes. If you want to spend your time mining cryptocurrencies then so be it, But they should pay way more GST on everything you can buy. the 1 regular dollar is worth say 10% more than cryptocurrencies as it is free money so long as you put in the time and electricity
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