Freedom Convoy

Freedom is a word synonymous with crypto. There is freedom from traditional finance systems, freedom from government control, and of course, financial freedom. So it made sense that when Canadian Freedom Convoy protesters needed an alternative platform to receive donations, they chose crypto. At least, it aligned with what the protesters stood for literally and figuratively. However, despite what should have been a smart move, the government exerted its influence on protestors’ holdings, raising questions on how free crypto really…

Fears of account closure have pushed Canadian bank customers to withdraw account holdings and secure their funds in cash and other means. Cryptocurrencies remain a form of escape for Canadians who are not only funding protests with crypto but saving in them as well. In reaction to recent moves from the Canadian government, residents have opted to protect their finances by withdrawing existing bank balances. It began a week ago when the prime minister of Canada Justin Trudeau invoked the…