The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin MELT UP WINTER COMING, CANADIAN STABLECOINS, CANADIAN BUDGET WEEK | The CBP 239 Pt 1
Nov 4, 2025
The hosts dive into the future of Canadian stablecoins and budget implications. They discuss how governments view stablecoins and the dynamics of CBDCs. Interesting insights arise from Japan's Bitcoin mining strategies using renewable energy. The conversation touches on the risks of Bitcoin mining profitability and the importance of key security in crypto ownership. Also, they highlight Bitcoin payments in traditional businesses and urge caution regarding treasury companies investing in BTC. It’s a blend of Bitcoin enthusiasm and economic analysis with a Canadian twist!
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Canada Racing To Regulate Stablecoins
- Canada is preparing stablecoin rules in its budget and may reclassify stablecoins from securities toward payment instruments.
- That shift could enable onshore issuers and tie issuance to government debt and CBDC dynamics.
Stablecoins Can Be Used To Push Sovereign Debt
- Governments favor stablecoins because they can drive demand for sovereign debt by forcing issuers to hold treasuries.
- Issuers may be pushed onshore and compelled to back balances with government bonds to support debt markets.
Budget Framing Can Mask Real Spending
- Military and infrastructure spending can be reclassified to meet NATO targets without immediate tax hikes.
- Budget 'balance sheet gymnastics' may shift spending categories to show lower deficits while meeting strategic goals.