Bitcoin's Censorship-Resistance Test: Canada
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- čas přidán 27. 08. 2024
- Honk Honk HODL raised more than $1 million of bitcoin for the Canadian truckers. About two-thirds of it got to them.
Full text and links: reason.com/vid...
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Financial censorship, or cutting off access to the global banking system, is one of the most powerful tools that governments have for punishing people.
The U.S. Department of Justice used it in 2013 through a program known as Operation Choke Point. It went after firearms dealers, payday lenders, and sex workers by pressuring banks to cut off their access to financial services.
The federal government blocks marijuana businesses that are legal under state law from opening bank accounts.
And the U.S. Department of the Treasury financially censors other governments around the world that commit human rights abuses or senselessly attack other nations, most recently Russia for invading Ukraine.
Canadian Prime Minister Justin Trudeau financially censored the Canadian truckers occupying the country's capital city, Ottawa.
It's clear that governments can use financial censorship to squeeze worthy and unworthy targets alike for the time being, but it's less clear if governments can maintain this power for much longer. The moment raises a pressing question for cryptocurrency enthusiasts: Does bitcoin solve this?
Does a global, decentralized monetary system that nobody can manipulate or control take away the power of the state to use financial censorship as a weapon, for good or for ill?
A surprisingly successful bitcoin-based crowdfunding campaign called "Honk Honk HODL," which raised more than $1 million worth of bitcoin for the Canadian truckers, shed some additional light on that question. And the answer appears to be, "eventually, maybe, but there's more work to be done."
Nick, who goes by @NobodyCaribou on Twitter, started talking with Canadian truckers in early February, teaching them about bitcoin, raising small amounts to hand out, and eventually partnered with a pro-bitcoin CZcamsr to launch Honk Honk HODL on the bitcoin-based crowdfunding site Tallycoin.
"My idea was like, if we get to a thousand or 2,000 dollars, and I can go around and give a hundred bucks to different truckers, that would be amazing. It would be a cool experiment to do. So why not do it?" says Caribou.
Then crypto investors Jeff Booth and Greg Foss jumped in to lend their names and credibility-as did the popular Canadian CZcamsr and streamer Ben Perrin, who goes by "BTC Sessions."
"So things just started snowballing a lot quicker than anticipated," says Perrin. "My initial thought was, 'Oh, maybe we'll get a few thousand dollars and some people can buy some gas cards and some food or something.'"
But the fundraiser took off after GoFundMe was pressured into canceling a fundraiser that had accumulated $10 million for the Canadian truckers, and then a judge blocked the distribution of $9 million from another crowdfunding platform. And when the Canadian government announced it would be freezing truckers' bank accounts, some supporters of the movement began to turn to cryptocurrency.
The Honk Honk HODL fundraiser eventually surpassed $1 million U.S. dollars' worth of bitcoin.
Produced by Zach Weissmueller. Graphics by Nodehaus.
Photos: Normand Blouin/Polaris/Newscom; CHINE NOUVELLE/SIPA/Newscom; Lin Wei / Xinhua News Agency/Newscom; Arindam Shivaani/ZUMAPRESS/Newscom; Richard B. Levine/Newscom; Marco Verch; Nazareth College
"But... but that means that governments want to control people, and no allow them to be free..."
Yep. You got it. Hit the nail on the head. You made a mental break-through.
The fact there are people out there defending what the Canadian Government did shows how slippery of a slope it can be if some peoples ideas were not heard to just fall into madness much like Canada did.
Those people will find out the hard way. The government doesn't care about them just like Hitler didn't care about the people who turned people in. What goes around comes around.
Banality of evil?
@@jmowers7479 the bane of low energy; aw the poor muffins only like to punish but can't take any, oh sad bois
"Government is doing what I think is moral, so I support what they're doing right now, even though this infringes on rights." No one supporting a current administration in a "free" country thinks the precedent set, the power ceded, will be used against them.
What the Canadian government did was basically a promo for Bitcoin.
Bitcoin relies on the internet.
The cyberattacks that the WEF wants will take down the internet and power grids, banks and so much.
So what good will it be then?
@@kylethedalek LOL. I can't think of anything that will get every member of the WEF lynched faster than destroying the material underpinnings of civilization (and with it, the rule of law). They want control, they don't just want to crash everything (and there's probably no better means of controlling people than dependence on internet, power, and banks).
@@ReadTheShrill These evil people in charge will make the masses believe that destroying their own society is a good and virtuous thing because the old ways were bad/racist/unsafe/not green, etc, etc. They will come under the guise of doing this and that for YOUR safety while anyone with critical thinking left will be contemplating suicide because nobody else will listen.
Yup!
Bitcoin is part of the scam. In a cashless society the IRS can track every dollar you make. ReasonTV sold out a long time ago.
This is why I don't get why people think you can hide activity with Bitcoin. Every transaction is traceable. It's just not easily confiscated.
@9:39 they put digits in and pull different digits out turning them fungible.
The end of the video explains the current and future measures outside bitcoin but still related to bitcoin use that create anonymity to hide activity.
Traceable to an extent.
Or you can use the lightning network. Completely anonymous Bitcoin transactions.
“Do it in a way that is so peaceful and loving that you expose the darkness”
Love it. ✌️
“When the last mile involves the physical world, it creates an opening for state interference”
Yup. Bitcoin is a huge step forward, but men with guns will not stop being relevant.
This is overbearing government.
This is tyrannical government
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The other phenomenon that occurs as government controls more aspects of personal finances is the black and underground markets. These mechanisms will become even more important as we move to a social credit and rationing system. Can't buy fuel because you've exceeded your allowance, then bartering for some on the underground market will be your only recourse.
@Echo That's just an example. Where I live, barter is already used. Neighbors will trade a a lamb and a bunch of chickens (already processed) for 1/2 a side of beef, or a days worth of excavator time in trade for getting a bunch of lumber milled up. I'm sure this gives government bureaucrats heartburn knowing they arent controlling every aspect of our lives. 😉
That's where the crypto currency comes in. It's perfect for underground trading.
This is why even China hasn't stopped crypto. They can't. They can stop miners, but there are still some underground mining going on, from what I understand.
So my point is, that if totalitarian China cant stop BTC, nobody can.
Except a global CME catastrophe with following ice age, which could happen with the current geomagnetic pole shift that's underway. It will hit the very important 40* latitude mark next March. What and when happens after that event, nobody knows.
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@@ickster23 in the US you technically have to pay taxes on barter. Crazy af. Look it up.
"disturbing amounts of foreign funding"
Oi cool your jets Pinocchio
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He said it that way to make it sound like most of Canada didn’t support the protest. It’s a bunch of bs mind games.
We all have a moral obligation to violate each and every law that surpasses basic common sense.
If it does not directly infringe on someone's property or body without their consent, then not only is it not wrong, but it's your obligation to break that law until it becomes useless and unenforceable. Be ungovernable.
So everyone should do heroin and indulge in prostitution? Doing stuff out of spite is stupid and dangerous.
@@nickwilson3499 I didn't say you should do it out of spite, but you should live your life freely and never ask for the government's permission to do something. I'd go into more detail but I'd be making myself liable.
Rule number 1 of fight club.
@@TheFloatingSheep that's definitely not what you said, you said it's your obligation to violate laws for the sake of violating them.
@@nickwilson3499 I recommend seeing a psychiatrist, ask for an ASD screening
not everything someone says is meant strictly literally, most people are capable of extrapolating context and intent
@@TheFloatingSheep lmao you figured that out from my comment stating that you didn't say what you claimed?
Sure, except what you said in your reply was completely different than what your original comment said. I know you don't actually want everyone to commit every crime they can but I was just pointing out how bad of an idea your comment is if taken seriously.
Great information. Because I was afraid the government would shut it down at some point and I would lose much or all of the value. Now Trudeau has demonstrated that our bank accounts aren’t safe from the government either. I also learned elsewhere that bitcoin is resistant to inflation because the rate is created is limited and capped. So I now need to find out how I will be able to spend it and which crypto currency to use.
You my friend have been red pilled
It's not decentralized if you use an exchange.
or safe from hacking. I lost 4 BTC in the MTGOX hack. It was like $150 at the time. would be 160k now
Thank you for saying so. People end up hitting one of its key features.
You are correct, a decentralised exchange is needed for bitcoin for these kind of thing.
What about Bisq? It's supposed to bea private decentralized Bitcoin exchange.
@@AshGreen359 P2P exchange such as bisq and hodlhodl are great, but they need liquidity and easier UI and the UX for the normies.
GOOD CONTENT!!! I hold high respect for your work because you're pointing people in good direction. Your video has been very engaging right from the beginning .These are tough times and frankly I appreciate how you discuss global finances in such a delicate way. Business and investment are the best way to make money even under the nose of the pandemic.
Exactly, talking about that, there's a lot of stuffs to invest in .. There's gold, stocks the rest of them and then there's also Crypto.
I strongly believe BTC is gon rise speedily soon even up to $100, 000🚀🚀🚀💥. Following good analysis you'd discover the possibility of this.
I have no luck with in cryptocurrency, I always trade on my own but the profits doesn't come as to what I expect most times I just keep loosing my money. Is there anything I can do?
Investing in Cry'pto now is very cool especially with the current movement now in market.
Investing in stocks in a much brighter idea , don't you think so?
Yeah Stocks are good but Crypto is much better to me.
You know stocks involves enough capital unlike cryptocurrency and cryptocurrency has also proven to be more lucrative.
Isn't it weird that 2000 years ago, someone said that without the mark, you won't be able to buy or sell.
If I could upvote this a hundred times, I would.
the bible is science.
@Echo more importantly the fact that you are complicit.
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Who do I despise more?
Trudeau?
Putin?
Biden?
Holy crap, what a hard decision.
1.Putin
2.Trudeau
3.Biden
But they are all terrible and corrupt forces in this world. Biden is so old that time will soon remove him. The other two will most likely continue to harm innocents in this world for the gain of their masters for possibly decades. 😕
@@DaedalusHelios You all need to realize that even though Putin is committing crimes right now, he has done wonders for the russian people over the past two decades. After the soviet union they were literally left with nothing.
So i would say he is someone that though violent and VERY authoritarian has done a lot more good than either canadian or us goverments can claim.
Also many American Strategists have been warning since the 50s that if NATO/USA moves eastwards, its a matter of time before Russia does something similar to the Ukraine crisis today.
As an American.
1.Biden
2.Trudeau
3. Putin
The traitor/enemy within your country is far more dangerous/threat than an outside hostile/invader.
Also Canada borders much closer to the US than does Russia.
@@johna3909 Or he simply stepped aside enough for the people to succeed like the evil CCP did. China did well before current day, Xi Jinping began shutting down what made China successful as he pursued wolf warrior diplomacy and became more restrictive. In that same way, Putin squanders all that occumulated wealth earned by his people by starting a needless war that may destroy all that hard work, or even trigger WW3. Biden is just a parasite stealing from government and corporate purses. Biden would not risk WW3 unless his handlers see no other option. Putin appears to be interested in taking risks like no other world power right now.
@@hiddenporcupine932 Putin triggering WW3 is far more dangerous than a bumbling puppet like Biden. I refuse to support Biden, but Biden at his worst wouldn't try to trigger a WW3 scenario. His handlers wouldn't let him. Putin is behaving as risky as Hitler did before he kicked off WWII. I am in a dangerous area strategically if the ICBMs start flying. I am prepared, but only if an early warning is issued.
Excellent information. Thank you so much!
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Oh my goodness, as an old hippie my heart is singing! As my mum used to say ' God moves in mysterious ways his wonders to Perform' Who would have guessed the different ways a new world would come into being? The truckers and their helpers are performing miracles.
Lulz. Sleepy sheep
Thank reform sharing all those information. God bless Canada 🇨🇦
I think we should actually try to cause instability in Canada's democracy just to show Pierre trudeau's wife's son what that would actually look like
@@shayjohnson5830 then let's make it happen faster
I am proud to be a part of this story.
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That's true most people today have been having a lot of failure in Forex and crypto sector because of poor orientation and bad experts
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The point of BTC is to opt out. The wise know it is a one way street. Convert fiat to BTC, but never the reverse.
So you want me to pay for a cookie with btc? Not with these fees.
@@theodoresmith3353 Go look up Lightning Network for BTC
HELLO, I'M NEW TO CRPT0 AND FOREX TRADING AND I HAVE BEEN MAKING HUGE LOSES TRADING ON MY OWN BUT RECENTLY I SEE A LOT OF PEOPLE EARNING FROM IT. CAN SOMEONE PLEASE GIVE ME A NEW STRATEGY OR AT LEAST TELL ME WHAT I'M DOING WRONG?
That's true most people today have been having a lot of failure in Forex and crypto sector because of poor orientation and bad experts
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We have ZCash and Monero that have built-in privacy. If you can do Bitcoin, you can do privacy coins. Fundraising entities should by default publish wallet addresses for multiple cryptocurrencies with privacy features.
Zcash does not have built in privacy. Optional privacy is no privacy at all and as a result zcash can be traced. Monero can’t and never has been.
@@theodoresmith3353 that's not what the DOJ says
@@23Butanedione who cares what they say
@@23Butanedione the gov lies when it’s convenient for them, so who knows really.
its sad how much support this tyranny has in canada
It's always been there in the form of the Liberal and NPD parties, it's just they've never had too much opposition. Now they do, and they are really showing their true colors in all it's Marxist glory.
That and OPSEC. We're literally at w4r with these gov'ts. Don't advertise what you're doing. ie: envelope drops.
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Keep THINKING! We will figure out a way around government overreach. I appreciate all these guys who are fighting for our freedom.
"It's hard to use now because even if you have bitcoin, it has to be converted into currency, and governments can put pressure on exchanges"
"This will work better when bitcoin is more widely accepted by business to pay directly"
Ok - and you think the government won't put pressure (read: hold a gun to the head of) businesses to not accept bitcoin? I love the idea of bitcoin, but nobody seems to be able to explain a resolution to this obvious problem. A store of value is no good if you can't spend it, and if you can't spend it, it isn't actually storing any value.
This has been my exact question and concern. My understanding is that the crypto exchanges are within the reach of government control. So, anytime you are using an exchange to put fiat money into or out of crypto, the government could have the ability to seize it there.
1. That's a good question.
2. If the government's currency is collapsing, and it's worth less and less to everyone, and there's a competitor, history shows that people will move to the competitor. That government pressure would become increasingly difficult to enforce, in that any business following that rule would quickly lose money, and that the people tasked with stopping them would have less reason (money) every day to enforce the rule.
3. In other words, you can only be so tyrannical with money if there's an alternative.
4. A big reason why Trudeau ceased the Emergencies Act was because the tyrannical acts against peoples' bank accounts led to a run on banks. That leads to the "crackup boom" (currency collapse) and most of a government's power comes not from taxation but from inflation. See #3.
I ask this with the risk of sounding stupid, but is there precedent for the government to tell you what currency you can accept in exchange for your good/service?
I know they did seize people's gold in the past but Bitcoin when used properly isn't something they could seize. Was gold illegal to accept as tender historically when the government banned it?
I think it's a good question you're asking. I would imagine if we got to that point the people would need to revolt.
@@kevinnnnn702 I’m pretty sure there are laws (probably both federal and state) that specify you can only exchange with specific currencies. This goes all the way back to the Whiskey Rebellion with the government meddling in how people exchange value.
@@acem82 People will certainly be inclined to move to the competitor, but by the time enough people think it's time to move to the competitor, that competitor will already be SO difficult to get into, AND to do so will be stepping over the line of breaking the law, that there won't ever be the volume of participants required to make it a truly parallel economy. The govt will still crack down on people for what they will call tax fraud - "You are still open, yet you somehow have $0 income in USD? You're accepting BTC directly, aren't you? Send in the thugs!". There's also the question of accessing the blockchain - which, to my knowledge, though secure, is still online - and ISPs are then another weak point.
It's a chicken and egg thing. The chicken and egg problem is solved by an act of God - the creation of a chicken already capable of laying an egg. You almost need an act of God to resolve this as well - convince EVERY person and business to start accepting crypto directly AT THE SAME TIME.
Great story! So impressed by how Nick/Caribou handled all this and the partnership between himself and Weatherman. It exposed problems but I hope there are solutions. My concern is government will make it illegal for business to accept as payment and illegal to exchange to other currency. But after seeing the potential tyrannical control of government I pray there will be a decentralized option they don’t have such power over.
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BEWARE: Scammers and fake replies in the comments
But... but... I can really show you a fine way to make lots of BTC quick! /s
Now will Trudo make it where he can’t be voted out of government
What a fucking hero, holy god.
well fuck yea man now thats a hero
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It is the obligation and responsibility of everyone to learn how to use crypto.
When merchants start accepting cryptocurrency for goods and services that's when we truly take control back.
Get merchants that supply necessities like food and water, building supplies, etc. To take crypto. That's where we start, if that were true then people could survive solely using cryptocurrency as money.
They'll just go after them or not allow them to pay off their debts either by preventing conversion back into local or heavily taxing it.
💯
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Fantastic job in a trying time and a tryout for concept.
Instead of using workarounds to make Bitcoin private, just use a coin that is made to be private, like Monero.
This was quite the eye-opener. I am glad to see the coins worked really really well! The problem seemed to be the distribution and set up for how to get it to the convoy. There are definitely some opportunities for any bright minds who can tackle these problems, and I'm sure there could be many solutions, so I'm hopeful.
Very informative and encouraging video. Thank You to all involved!
Don't put your money in the bank...that is what they want because we will be going cashless society
The solution to all of the issues mentioned in this video concerning privacy, censorship, and authoritarianism: Mo 👏 ne 👏 ro 👏 Mo 👏 ne 👏 ro 👏 Mo 👏 ne 👏 ro 👏
The k you and blessings. We all unsuited and work together.
The answer is “no” because the governments controls the communications network that those electronic transfers rely on.
you guys have been crushing it with the content lately, keep up the good work!
Patience. The heavy hand of JT needs to show in full light.
We gotta find a way to get the government out of our financial business
Only ones crazy enough to change shit are the ones crazy enough to think they can
Write that in your legislative word salad, de factos
If soyboy gets re-elected, then Canadians deserve him. Truckers have ALL the power, all they have to do is to refuse making deliveries and this will blow up in his face!
Solid assessment!
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@@nomathalente6190 That is true, you need an expert broker and account manager to make good profit from Bitcoin trade
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An eye opener. Still way too many more sheeple than people. But progress has been made.
One of the greatest, most interesting stories of our time almost seems like it never happened as the media and governments did they best to hide every freedom movement they could
If this doesn't scare the hell out of you, what does? You may or may not like the truckers, but who's next? Martin Niemöller comes to mind.
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We voted in these people, we can vote them out. Pay attention to who you vote for.
No, if we hate what has happened to the Canadian truckers, WE were probably never the ones to have voted them in in the first place. That was the pro-tyranny Liberal and NDP voters in Canada, and the Democrats in the US, and there are LOTS of supporters for all of them.
From what I am seeing on social media, these voters absolutely love what the Canadian government is doing to the truckers. They are like a bunch of sadists: "YES! Hurt them MORE! Take EVERYTHING FROM those RACIST NAZI F&#KS!!!"
Why not just use a privacy coin and have donations go to the individual trucker's wallets? Exchange wouldn't be an issue.
Adds more steps and limits on ramps to use
Monero.
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This is a great story. Futures so bright 😎
Ironically, I've been thinking of a "warrant-proof" cloud based on mobile broadband/Starlink connected to compute nodes on trucks. The key, is that the cloud would only operate on nodes which are *moving*. When the trucks come to a stop, the node would migrate the data it's processing to another node and zero itself out. As a result, this cloud would be impossible to serve a warrant on. Perhaps someone could develop a form of cryptocurrency that could run on such a network?
There already is such a thing. And completely anonimous too. It's called Bitcoin Lightning Network
@@pepelapiu2004 AFAIK, that blockchain does operate on stationary computers, which can have warrants written for them. So no, that doesn't fit my description at all!
@@stcredzero
You could easily have a lightning node working in your car and connected via your phone. Lightning operates outside of the blockchain. It's a second layer on top of the block chain allowing you to send and receive BTC instantly (a second or so) and at ridiculously low fees. Usually for less than 0.1 penny per transaction.
Running an LN node off your cell phone signal is not ideal, but it would work. It also doesn't consume a lot of power. Look it up.
@@pepelapiu2004 The question is, how can you guarantee it only runs on moving nodes? I think something like this could be done by exploiting the GPS cryptographic dither.
@@stcredzero why do you have to make it so it only runs on moving nodes?
Outstanding video explaining the situation. Bravo.
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I wish I could like this video multiple times.
regardless of your beliefs on bitcoin, i never thought i'd see canada of all places flirting with becoming an authoritarian autocracy.
When you fully understand that for the majority of human history this has been the norm, you come to accept that your culture/ country is not immune to these things. The spooky bit is when you feel going against the establishment will ruin your life, throw you in jail, or kill you for what you say.
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Why do you never talk about other coins that already solve this issue, like Monero? Seems like you make it sound like Bitcoin is the only solution when there is a competitive market of coins out there.
Monero is less decentralized than BitCoin.
@@shanetoumey2835 How?
TIME WILL TELL. YOU'LL SEE.
@@shanetoumey2835 So? I can still use it and it hides better.
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Really cool story of people working together to help those in need
Most important thing is to make sure your bc storage has a private key...no external info available....no government access.
So informative thank you
Freeland wiggling in the back looks like a lunatic!!! Kuru???
Fascinating! Good job.
BTW, that clip of Turdeau - he looks like he’s lost about 20 or 30 pounds. Probably on the verge of a psychotic break.
As Bitcoin grows the lightning network will grow exponentially. Eventually it will be nearly impossible to do an on chain transaction for the average person. So LN will get more widely used. And LN is completely anonimous.
I thought Bitcoin was out of reach of law and govt WTF?
Remember, truckers, if you honk twice, people will think you're a Nazi. Instead, beep, then honk, for "Biden/Harris", or beep three times, for "build back better"
Fantastic piece. Crypto, school pods show that in the midst of flagrant gov oppression that people are waking up to create decentralized systems
God bless Nick!
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*Reading about people grabbing multi-figures monthly as income in investments even in this crazy days in the market,any pointers on how to make substantial progress in earnings?would be appreciated...*
You have to have an idea on what you wanna invest in carefully before going in.
Javier, You make it seem unreal to make up to that as a passive income annually,when it’s clearly possible. I have made over 1Hunnid thousand dollars from January till now with no joke game plan. She’s a masterpiece and her name is Charlotte.😁
Kindly reach her thru Tele gram page with
ExpertCharlotte is the name
This lady right here,I tradr with her she’s inventive and the P.O.T are no jokes, I won’t look awestricken u made mention of her,
Cover monero please
@Vegan Zombie very thoroughly covered with clear reasoning. Thank you for your clear insight.
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I'll keep cash, thanks.
@Vegan Zombie IMAGINE
And I hope you have the ability to keep and use it for a long time yet. But that time may be limited. The government is already thinking about things like a "digital dollar" that should eliminate the need for cash. If that happens, I think we will all be glad crypto will be as developed as it is.
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Monero is better; it’s untrackable
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Does Canada law have an equivalent to the US Civil Forfeiture? If the police seized keys to BitCoin, could be quite the task to get it back *if* he's exonerated. (Current regime attitudes, unsure on that outcome.)
The fact that this worked at all now just means it's new enough the government doesn't quite know how to best disrupt it. They'll get there. The can use citizens' money to figure the problem out, then pass the laws to make it happen.
Well documented, well presented, this video will inspire others in this avenue. an avenue that we must get right. I see from your interviews that we are darn close. ReasonTV is one of our Smart Channels. I would like to see our friend(s) give us all a nice walk through Parallel Societies. I believe that this is the most important issue of the day. This while at the same time filling the storehouse. We have a very bumpy road ahead, The Tyrants are now implementing their plans. Study after study has indicated fatal flaws in there plan. Based on the BlockChain Model, hundreds if not thousands of Parallel Societies could spring up quickly, this is revolutionary. At the same time other means of trade are getting well oiled, some having thousands of years of history such as Barter, some new ideas such as NFT's, , and of course a secure and trustworthy currency such as Bitcoin. I cannot emphasis more...the need to start NOW....tomorrow is not an option.
What’s your view of the Digital Dollar and the executive order on Cryptocurrency?
Mankind will always find means for trade. Cryptocurrency by design is an intelligent form of trade. It is an integral component of Block Chain. Both technologies are very user friendly. We are heading into a vast transformation era. On one hand the new world order which has been planned and implemented for centuries. This side represents Domination and Control. The apposing force will be multitudes of Parallel
Societies weaved together as one. This side represents Partnership and Cooperation. A form of Cryptocurrency will exist in both worlds. Shortly the U.S will loose its status as the default currency
which will only escalate cryptocurrency as
more people seek fair trade for there
energy, goods, and time. The task at hand today is to stock up. plant a garden, and begin to build your own community of support.
What an excellent video. Tyvm
This is so dumb. Handing the truckers envelopes of cash or a couple of gold coins would have been *actually* uncensorable, untraceable, and unpreventable. So dumb.
Driving up there to do so would be too expensive both in terms of time and money.
@@theodoresmith3353 Right, I forgot there is no way to transfer physical cash or gold reliably in first world nations without driving to Canada yourself...
@@owlfrogthey tried that. For an individual it might be possible but short of literally mailing cash internationally which could be intercepted, the govt would hear about whatever crowdfunding services aggregated the funds and would then ban them. It had been tried.
@@theodoresmith3353 But like half of the bitcoin has been intercepted? Last I checked you're way less likely to get your mail intercepted, especially if you use a third party.
@@owlfrog how would people know where to mail their cash without the government knowing?
Great stuff. Thanks for making this
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Not sure how it cannot be hacked since pretty much all the internet can be.
People love hating on bitcoin.
Bitcoin is great. It is just very volatile and everyone already in Bitcoin wants to make money or make back the dollars they lost so they are all pushing it. I like what Bitcoin can be used for but the volatility makes it very risky to hold it for any length of time.
Bitcoin is great but it's biggest issue that arises here is that it's also an NFT
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Start now
Great job
Epic Cash would have been the coin of choice in this case.
Well when bitcoin is free and safe (from states) I am in . Freedom is the attraction and I think people will catch on and thereby securing the currency.
I've seen so many devastating videos in the past few days I've lost all hope.
There is too few of us to make a difference.
It's just blow after blow after blow.
I give up for now.
Yes, it's really hard to think on how to fix things what with so much evil going on. It is overwhelming, and if you fight it, you may lose. But I know that if you do nothing, then you will DEFINITELY lose. I think if that's the choice, then I might as well do something. I hope that I can fix my country, and if I can't do anything for my country, then maybe I can change something to protect my state; if not for my state, then maybe my city; and if not my city, well I will always be there for my family.
Keep praying. You are not alone.
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we are coming for you freeland and trudum you arent immune
Wrong if they don't know who owns bitcoin in the first place then everything is easy
tip to canadian truckers and anybody that need to avoid sanctions. go to forums that accept crypto as payment options buy mmorpg gold convert to fiat or back into crypto yes it is properly illegal but take a little out at a time.
Bitcoin can not be stopped whoever says so never read the white paper
TRUCKERS DONT PAY FOOD WITH BITCOINS!!!!!
@@moneyobsessed Can you not sell bitcoin for money that can?
You can utilise crypto easily online when you know how, those who own bitcoin have a seat at how the world functions in time to come. It will be the only way to eat eventually so I’m not too sure where you guys are getting all these myths from?
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Lessons Learnt:
1. Use Bitcoin for govt-approved activities only. #ConditionalFreedom
2. Use Monero for anything you feel like. #UnconditionalFreedom
💪👍
Good video, but kind of vague as to whether or not this was a victory, even a step forward, for Bitcoin & crypto. Could donating to these kinds of protests be done successfully without going to jail? Can Bitcoin be transferred anonymously? I'm still confused.
It’s a bit unclear at the moment. The law suit will be a determining factor and the result of that could be years down the road, so nobody really knows yet. This all relatively a new thing.
Maybe he could’ve bought thousand dollar Visa cards and pass them out but then he would have no proof that he gave it away to people
Isn't there like a printable barcode that securely and anonymously links to an individual's cryptocurrency wallet? If so, the truckers could've printed out their respective barcodes and glued them onto their trucks. Passerbys could receive and relay funding from elsewhere as a mass swarm, quickly scanning barcodes and donating cryptocurrency to the truckers. Problem here is that he is just one man.
I did not see a bitcoin censorship resistance test !~ I did see the on ramp and off ramp censorship being tested ! In that regard many platforms failed to live up to the spirit of what we expect !
But Nothing can stop you if you have people who know how it work on both ends !
For the algo from Canada
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I AM ON THE INTERNET
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Bitcoin is the future of money....been saying this for years, I've been called a fool, I've been made fun of for chasing "magic internet money". To see the dream of Bitcoin come to reality makes me incredibly proud of this community. Fiat actively steals from you, every second of the day it loses value.
Monero is the solution to all the problems listed in the video. Google it, it's what normies think bitcoin actually is