Nicely that escalated rapidly. We have been masking the Freedom Convoy in Canada over the previous couple of weeks. After we first wrote concerning the topic, GoFundMe had shutdown a marketing campaign devoted to the trigger after being pressured by the Canadian authorities. In gentle of this bitcoiners sprung into motion to spin up a Tallycoin marketing campaign in order that organizers may obtain funds on to wallets that they managed, eliminating the potential for a trusted third social gathering to freeze and seize the funds. Over the course of final week, that specific marketing campaign gained a whole lot of traction and a spotlight from the press as many from around the globe despatched billions of satoshis. Highlighting bitcoin’s worth prop in relation to the standard financial and fee techniques that dominate as we speak.
Quick ahead to as we speak, the Freedom Convoy goes robust and solely getting stronger as truckers and those that have joined them have efficiently blocked important commerce routes to ship a message to these in energy throughout the Canadian authorities a message; the protesters are lifeless critical about getting their rights again. They’re digging their ft in and forcing the difficulty whereas utilizing peaceable technique of non-violent protest that sends a message.
The actions taken by the Canadian authorities to invoke their Emergencies Act, which hasn’t been invoked in lots of a long time, to offer banks full discretion to freeze and seize funds held in financial institution accounts and goal bitcoin crowdfunding campaigns accumulating funds as properly is nothing in need of egregious Authoritarianism. This transfer is very wealthy coming from a Prime Minister who was asking his countrymen to #ThankATrucker lower than two years in the past.