With Freedom Convoy, Bitcoin Passes Fundraising Test In Face Of Financial Sur...
Bitcoin has proven its most potent use case as a permissionless financial rail for supporting the Canadian trucker protest.All images in this article are published with the permission of NobodyCaribou.Given the stakes, it might not have been the ideal time to experiment with a relatively new fundraising tool, but when the opportunity presented itself, two intrepid Bitcoiners stepped up and enabled financial freedom with the help of others in the communityIt would have been hard to predict this opportunity to showcase Bitcoin’s power as a protest tool, or the overwhelming response (with....
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This week the world has been watching the thousands of truckers in Canada protesting the vaccine mandates at the Freedom Convoy in Ottawa. The Freedom Convoy has received worldwide support and millions of dollars were raised using Gofundme to help fund the protest. However, the crowdfunding platform decided to halt the fundraise and reimburse the donors who sent money. The decision has caused a massive uproar as Gofundme’s decision has exposed the vulnerabilities of centralized crowdfunding applications.
Trucker’s Vaccine Mandate Protest Raises $9 Million, Gofundme Shuts....
While the Canadian government and Prime Minister Justin Trudeau try to quell the demonstrations in Ottawa by sending police to the encampment on Friday, a United States version of the Canadian trucker’s Freedom Convoy called the “People’s Convoy” is underway. According to the American Foundation for Civil Liberties & Freedom, the U.S. convoy has raised more than $100K so far.
As Trudeau Cracks Down on Trucker’s Protest in Ottawa an American Convoy Is Underway
For weeks, the entire world has been watching the Freedom Convoy protests in Canada....
The Freedom Convoy has resorted to bitcoin donations after GoFundMe shut down its initial fundraising campaign.
Among the chaos of the Freedom Convoy and Canada's authoritarian reaction, Bitcoin proved itself to be a sovereign financial rail for fueling protests.
Donors to Canada’s Freedom Convoy should have used Whirlpool-mixed bitcoin to break deterministic links and provide forward-looking anonymity.