Montreal, Quebec — There are few things that are as familiar to Canadians as buying or selling crypto.
It is a new asset class for people like Marc Bibeau, who has owned crypto for years and now sells it at a price that is competitive with the rest of the world.
“If you’re a tech investor, I’d say that the crypto market is not a new one, it’s a very old one,” said Bibeu.
He and his wife, Trish, have spent the last decade and a half investing in the space and have been selling and buying for the last three years.
They are the first Canadian couple to own crypto in Montreal.
This week, Bibeux is selling all of their holdings at a discount to the average price of about $1,500.
That’s a steep price tag, but it is one they believe will drive the crypto industry forward.
The couple says the discount will be a huge benefit for the country and the world as a whole.
When Bibeaux began selling his crypto investments last summer, it was the beginning of a new era for crypto.
Crypto was not a commodity, and was not backed by a central bank or a government.
Instead, it is decentralized, with no central authority.
For the past year, the couple has been trying to figure out how to capitalize on the trend of people moving their crypto money out of traditional financial institutions and into crypto-enabled applications.
But the crypto-based applications have had to be more than just a tool for moving money.
Bibeau says they’ve also had to rethink how they use their money and what they buy, selling off their stock in the crypto marketplace and selling in the stock market.
With all of the crypto deals they’ve done, they say they are paying more attention to what they sell and what their customers are buying.
So far, they have sold more than $1 million worth of crypto.
And now they’re hoping to sell even more.