# AlbertaBitcoin.com

> Alberta has sent a net $231 billion to Ottawa over fifteen years. This site quantifies what that money would have grown to if even a tiny fraction had been allocated to Bitcoin, using only primary-source Statistics Canada data and historical BTC/CAD prices.

The site has no advertising, no tracking, no affiliate links. It is a single-purpose calculator and editorial site about Alberta's fiscal position within Canadian federation and the opportunity cost of provincial cash holdings.

## Key pages

- [Calculator (homepage)](https://www.albertabitcoin.com/): Interactive scenario calculator. Live counter of net fiscal outflow and per-Albertan share, ten allocation scenarios, year range slider, Heritage Fund comparison card, chart of Heritage Fund actual vs Heritage Fund with Bitcoin.
- [Methodology and sources](https://www.albertabitcoin.com/methodology.html): Full methodology and every primary source cited.
- [llms.txt](https://www.albertabitcoin.com/llms.txt): This file.

## Core thesis

Alberta is the largest per-capita net contributor to Canadian federal revenue and has been for fifteen years. The Alberta Heritage Savings Trust Fund holds $31.9 billion. The cumulative net outflow over the same period exceeds $231 billion -- more than seven times the Heritage Fund. Even allocating 0.05 percent of the outflow to Bitcoin starting in June 2013 (when Calgary's first Bitcoin store opened) would have produced a position worth multiples of the Heritage Fund itself.

## Sections of the calculator

- Hero: Live counter of net fiscal outflow (~$602 per second) and per-Albertan share (~$47,600 and climbing), sourced from Statistics Canada Table 36-10-0450-01.
- Scenarios: Ten investment scenarios, each tied to a real institutional or sovereign Bitcoin moment. Pick a moment, see what Alberta missed.
- Heritage Fund card: Current fund value ($31.9B) vs Heritage Fund with the active Bitcoin scenario added, with percentage difference.
- Chart: Heritage Fund AUM (actual, historical) vs Heritage Fund with Bitcoin under the active scenario -- two lines, single axis, directly comparable.
- Bitcoin Budget: Specific municipal, provincial, and federal government spending decisions, each with a primary news source (CBC, Globe and Mail, and others), showing the Bitcoin opportunity cost and tax relief equivalent.

## Ten investment scenarios

1. Bitcoin Brains / Jun 2013 -- 0.05% of outflow monthly. Calgary's first Bitcoin store opened on 17th Ave. Before any government on earth held Bitcoin.
2. CBOE Futures / Dec 2017 -- 0.5% of outflow monthly. CBOE launched the world's first regulated Bitcoin futures.
3. Singapore / Jan 2018 -- 0.5% of outflow monthly. Temasek, Singapore's sovereign wealth fund, began direct BTC accumulation.
4. Bhutan / Apr 2019 -- 0.5% of outflow monthly. Kingdom of Bhutan quietly began mining and accumulating Bitcoin.
5. MicroStrategy / Aug 2020 -- $217M one-time (1% of Heritage Fund AUM). First public company to adopt Bitcoin as primary treasury reserve.
6. Square / Oct 2020 -- $217M one-time. Jack Dorsey's Square put $50M (1% of assets) into Bitcoin.
7. MassMutual / Dec 2020 -- $217M one-time. 170-year-old insurer put $100M into Bitcoin.
8. Tesla / Feb 2021 -- $217M one-time. Tesla announced $1.5B Bitcoin purchase.
9. El Salvador / Sep 2021 -- 2.2% of outflow monthly. First country to make Bitcoin legal tender.
10. Norway / Jan 2020 -- 0.5% of outflow monthly. World's largest sovereign wealth fund began indirect Bitcoin exposure.

## Primary data sources

- [Statistics Canada Table 36-10-0450-01](https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3610045001): Federal revenue minus federal expenditure by province, 2010-2024. The $231B headline figure comes from here.
- [Alberta Heritage Savings Trust Fund](https://www.alberta.ca/heritage-savings-trust-fund): Audited annual reports for fund AUM history.
- [Statistics Canada Table 17-10-0009-01](https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1710000901): Alberta population (4,850,000).
- [FRED CBBTCUSD](https://fred.stlouisfed.org/series/CBBTCUSD): Coinbase BTC/USD daily close, published by the Federal Reserve Bank of St. Louis. Historical price source for scenario calculations, 2017 onward.
- [Bank of Canada FXUSDCAD](https://www.bankofcanada.ca/valet/series/FXUSDCAD): Daily USD/CAD exchange rate, used to convert BTC/USD to BTC/CAD. The Bank of Canada series does not extend before 2017; earlier months use vetted early-exchange values and are illustrative.
- [Kraken XBT/CAD](https://api.kraken.com/0/public/Ticker?pair=XXBTZCAD): Live BTC/CAD price for the current-value figures.
- [Blockchain.info ticker](https://blockchain.info/ticker): Fallback live BTC/CAD price.

## What this site is not

- Not financial advice.
- Not an investment recommendation.
- Not a prediction about Bitcoin's future price.
- Not affiliated with any political party.
- Not an official position of the Government of Alberta or Bitcoin Brains Media.

## Contact

Published by Bitcoin Brains Media. For corrections or source updates: dave@bitcoinbrains.com.