Bitcoin’s Freedom Convoy Threat Vector

0

The Freedom Convoy bitcoin fundraiser received a lot of positive attention, gathering almost 1 million CAD in bitcoin donations. After all, what better tool could there be to circumvent the censorship of payments while protesting a government than a censorship-resistant currency free of state control? But the tactics used to distribute funds may tell a different story.

When a Canadian judge froze millions of dollars in GoFundMe donations to the Canadian trucker protests in the end of January, Bitcoiners were quick to set up a donation campaign of their own via the bitcoin crowdfunding platform Tallycoin. As the campaign gained traction, numerous prominent Bitcoiners voiced their support, while some even consulted organizers on aspects related tos distribution, taxation, and possible legal threats.

Leave A Reply

Your email address will not be published.