"Great news," Alberta's jobs minister tweeted last Dec. 9, when the price of bitcoin was just over $47,000 US — off the prior month's record high of $68,789, but still strong.
A company from the "disruptive crypto world" was moving to Calgary, Doug Schweitzer wrote, and would create 100 jobs.
On Feb. 3, when a bitcoin was worth $37,154 US, he pitched what he called a big opportunity to business network BNN Bloomberg.
"There's a big battle in the United States — you've got New York, Miami, you've got Wyoming, Arizona," he said. "It doesn't seem like any jurisdiction in Canada actually wants to own this opportunity."
The opportunity? That Alberta could stake its claim as leader of Canadian Cryptoland, to carve out a piece of a flashy new industry and all the jobs and dollars that come with it.
The government would turn that bullish sentiment into action. Over the spring, while the price of bitcoin was relatively stable, it passed a bill that temporarily lets cryptocurrency and other...
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