Q: Is there a safe easy way to buy these coins in Canada? what about the USA? Is it better to buy them in the US than Canada?

Other than losing money are there any other risks to look out for?

Q: What are your thoughts on BITCOIN. What is best way to play it or is there one.? I do not understand the future of Bitcoin Who uses it ? Do countries use it, do Corporations use it. Do Banks use it ? What is benefit of using it,

I know criminals use it extortion payments Trump and Harris were backing it. Was this because 80,000,000 U S Residents use it so they were both saying Yes to get their vote ?

RAK

Q: There are a few parts to this question...
I'm bullish on Bitcoin longterm and think it will appreciate well in the coming year or so and overall in the next few years (despite still being volatile).
If one were to borrow and invest in a non registered account:

1. Can you write off the interest expense if you buy Bitcoin from an exchange and hold in cold storage?

2. If you buy an etf -and can write off the interest expense- what are the trade offs in buying a spot etf (FBTC) vs. a yielding etf (BTCY.B)?
My thought is the monthly dividend payment on a yielding product would be about twice the interest expense in this case so that would be a benefit over the spot etf if there's sideways price action or bitcoin volatility. Can you comment on the basic tax implications of this plan as well as the investment plan. All things considered would it be preferable to own the spot etf? Any other thoughts or suggestions would be welcome.

Thanks very much