Canada’s Digital Charter in Action – Justin Trudeau believes in crypto assets driven economy

0

In 2016, the Canadian government decided to create a new working plan with Canadians. Justin Trudeau, leader of the liberal party, had an idea to work with Canadians for their future. The Prime Minister created a team solely related to this platform. The digital charter contains every aspect of innovation that can change the life of Canadians in the 21st century.

The main plan of the charter has been developed in the summer of 2018. Justin Trudeau fulfilled the first part of the charter in 2019, and it was related to the elimination of hate speech in digital space. In accordance with Justin’s decision, the government has created a committee analyzing the issue. The Prime Minister’s main idea is to have a secure and better Canada for Canadians.

Age of Crypto Currencies

Justin Trudeau wants to have a digital-driven economy in Canada. The main idea for the minister is to lead the country that has the best digital ecosystem around the world. 2020 will be another transformative year for Canadians. Crypto Currencies have been trendy since the rise of Bitcoin. Biggest crypto, Bitcoin got the momentum, and now it’s the worldwide phenomenon.

Canada started the implementation of Cryptocurrencies in the country’s economy. Local business entities in the gaming industry have already implemented crypto technologies. Digital driven crypto technologies were first tested in the gaming industry. In 2019, giant casinos, betting, and slot venues based in Canada started accepting Bitcoin and other cryptocurrencies.

The prime minister’s approach to the crypto universe has changed the way the gaming business reacted to Bitcoin. Bitcoin gaming became more popular in 2019 when the Canadian government officially confirmed the digital charter. The crypto ecosystem itself is the most significant part of the charter. As the charter has validated from the government, we saw a rise of interest from Canadians. The gaming industry is the first that can show you the results of any revolutionary decision. Millions of Canadians are involved in gambling and betting, and it’s a perfect way to find their reaction to crypto. Since 2019 digital gaming platforms have enabled the Bitcoin exchange platforms, and Canadians are now able to manage their gaming funds in BTC.

As mentioned above, the digital charter of Canada entered into the legal power from the middle of 2019. There was a quick reaction for parliament that implemented the digital charter’s points and gave a legal frame-work to digital gaming platforms to use the Bitcoin and other cryptocurrencies.

Success from the gaming industry is the blueprint for other sectors. 2020 is the year when Justin Trudeau is going to focus not only on the importance of the Crypto ecosystem but also on its implementation. The government would be eager to show any sector leader the success rate from the gaming industry and boost their motivation for instant implementation.

Digital revolution is inevitable

In one of his letters, founding father of the USA, Benjamin Franklin said that only two things are inevitable – death and paying taxes. He wrote that letter in the 18th century, and that’s acceptable to acknowledge. The same quote could be right for the 21st century with one little change – the digital revolution is another certain inevitable thing.

The government of Canada knows that the digital revolution is inevitable, and now is the right time to get ready for it. Crypto and block-chain platforms are the first steps to get closer to the digital revolution. Transactions, monetary systems, and funds that are free from any third party regulations. Is the digital charter the government’s secret formula for a country’s success? Time will tell.