The details:
Many Canadians including a large group of Truckers are protesting the Emergency Mandates in Canada, including requiring masks, control of out door activities, and showing vaccination passports to have access to Bars, Restaurants and even grocery stores.
The Trucker are parked in Ottawa, the Nation's Capitol and they have not been willing to move. There are many logistical issues with forcefully moving them, so after trying to smear and bully them for over two weeks, Justin has declared them an emergency.
Quote Prime Minister Justin Trudeau took the step of declaring a national public order emergency on Monday in a push to end protests in the Canadian capital for more than two weeks and reverberated across the country.
As part of his statement Trudeau threatened to block and seize crypto transactions as well.
You might remember that people around the globe donated to GoFundMe over $10 million and then givesendgo.com another 9 million both accounts have been blocked and compromised by the Canadian Government.
Today's news states they have blacklisted crypto wallets.
Canada blocks 34 wallets associated with the truckers protest:
29 #Bitcoin
2 #Ethereum
1 #Cardano
1 #Monero
1 #Litecoin
Of course what is getting reported by those with no crypto background is that Canada has frozen Bitcoin wallets. (They'd have to do that at the mining level)
So, when we say Bitcoin fixes this, the fact remains that the government can not get their hands on this money, but unless the truckers have very knowledgeable consultants and an off ramp it may still be difficult to get this crypto into their hands in a usable manner.
I'm fascinated with how it turns out and while I stand with the truckers I also welcome the opportunity to see how this plays out.
It needs to be noted there are NO official requests by the Truckers for any financial support. In fact most have said they don't need it. As per usual the media is presenting this as if they are out there begging for money.
To me the most interesting part is how with Bitcoin and the other cryptos hold up to a targeted attack on a handful of wallets, and I can't wait to watch it play out.
Clearly another message in all this is HOLD your own keys. If your bitcoin is in an exchange it will be much easier to seize.
I STAND WITH THE TRUCKERS!!
What do you think will happen?
