Before we talk about Bitcoin, it’s important to understand what money is. This is a difficult topic for many, as money is often treated as a taboo subject and rarely taught properly. Yet money is integral to society—it is half of every transaction and the primary way we express value between one another. This understanding is foundational before deciding whether, when, or how to Buy Bitcoin in Canada.
Characteristics of Good Money
Divisibility: Bitcoin is divisible to the 8th decimal place. 0.00000001 BTC = 1 Satoshi. On second layer solutions, Bitcoin is able to be divisible even further beyond a satoshi.
Scarcity: Bitcoin has a limit of 21,000,000. Unlike fiat that can be printed at will, or Gold that inflates at 1.6%-2% annually.
Portability: Must be easy to move around. Gold’s biggest weakness is its physicality, it is very expensive to transfer and store. Bitcoin allows you to transfer value through a communication channel to anyone, anywhere in the world.
Durability: Bitcoin does not wear or tear since it is a protocol. It is the most durable form of value. Gold is also very durable as it maintains it characteristics over thousands of years and is partially why it became a chosen store of value.
Liquidity: Liquidity allows for Bitcoin to have a open bid on it 24/7, 365. The markets for Bitcoin never close as it is a global marketplace across hundreds of platforms.
Uniformity: All Bitcoins are equal, but you are able to differentiate between them on the blockchain by seeing where that Bitcoin has been.
Over thousands of years, societies across the globe have used shells, rocks, beads, and gold as money. It eventually settled on gold being a natural form of money as it checked off most of the necessary characteristics. Gold is an example of sound money because it has the certain characteristics from above but this is not exclusive to gold. A sound monetary foundation is integral for a prosperous society while the nature of sound money lies primarily on the fact that no human can control it.
Alternatively, a debased currency leads to a debased economy. Unfortunately, a story as old as time, is governments slowly diluting and inflating their money supply. Over 30% of the money circulating in Canada was printed since 2020.
Henry Ford once said
“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
Money, Inflation, and Control
Modern fiat currencies are no longer backed by hard assets. Since abandoning the gold standard, inflation has been normalized and framed as necessary, even as real-world costs continue to rise faster than reported figures. Inflation steadily diminishes buying power and disproportionately harms savers.
For the first time in history, there is an asset that exists outside the control of any third party. Bitcoin allows individuals, businesses, and institutions to store value knowing it cannot be diluted or inflated. This is why more organizations are now exploring Corporate Treasury Bitcoin Canada as a long-term strategy to protect balance sheets.
Money should be the risk-free asset people retreat to in times of uncertainty. Yet today’s cash systems rely entirely on trust in central authorities. Bitcoin challenges this paradigm by allowing the free market—not governments—to decide what money is.
This shift has implications far beyond individual savers. Bitcoin is increasingly relevant for commerce and settlement, enabling new models for payments and capital management through Bitcoin for Businesses Canada. At the same time, many investors are recognizing Bitcoin’s role as a superior store of value, particularly those seeking long-term preservation strategies through Bitcoin for High Net Worth Canadians.
For the first time ever, value can be stored in an asset that no one can change. One bitcoin today will still be one bitcoin in ten years. No other asset can make that claim.