Despite the crypto winter, 75% of crypto holders are confident about the future of the industry - Paxos

- Ask any crypto proponent and they will tell you that 2022 was a year to forget for the crypto market as the high-profile collapses of Terra and FTX initiated contagion shockwaves that resulted in more than $2 trillion in value being lost from the total crypto market cap.

The survey was conducted from Jan. 5 to Jan. 6 and included 5,000 respondents aged 18 or older who live in the United States and have a total household income greater than $50,000. The survey was limited to those who currently have a bank account and made at least one cryptocurrency purchase in the last three years.

Crypto consumers actually want their banks to become more involved with the crypto ecosystem, as 75% of those surveyed said they are likely or very likely to purchase crypto from their primary bank if it were offered, a 12% increase from the previous year’s survey results. “Additionally, 45% of respondents reported they would be encouraged to invest more in crypto if there was more mainstream adoption by banks and other financial institutions,” Paxos wrote.

“This presents a major opportunity for companies to enable crypto purchases of goods from merchants and crypto payments between friends and families,” Paxos said. “The widestream adoption of crypto may have a flywheel effect with 40% of respondents saying they would be encouraged to invest more in crypto if more merchants accepted crypto payments.”

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Unpaid oil patch taxes rise again despite energy industry boom, say rural municipalitiesGroup says towns and villages in which oil companies operate owe a total of $268-million Why pay taxes when the government just gives them away
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Unpaid oilpatch taxes rise again despite industry boom, say rural municipalities | Globalnews.caThe group says energy companies owe towns and villages in which they operate a total of $268 million, up more than six per cent from last year. Now actually do your job and track down how much is bankrupt companies and how much isn’t. Then name the companies that are solvent and have not paid. Kenney gave them a deferred tax holiday( in UCP code, don’t worry oil and gas gets an indefinite pass) meanwhile smaller municipalities are going broke. How is this a thing? What kind of provincial government lets business still operate without paying ALL their taxes?
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