Maple, surveillance and repression – Impossible to have missed in the news the protests to Canada against the restrictions of freedom linked to the Covid. the “Freedom Convoy” (Freedom convoy) and its heavy trucks have been blocking the Canadian capital, Ottawa, for several weeks. In an attempt to break this protest movement, the Prime Minister Justin Trudeau not only wants freeze the protesters’ bank accounts, but also repress the use deemed “non-compliant” of cryptocurrencies.
An emergency law to break the Freedom Convoy
The Canadian Prime Minister Justin Trudeau had been discreet during the first days of protest of the Liberty Convoywhich began on January 29, 2022. The continued presence of heavyweights in front of the Canadian Parliament, for almost 3 weeks, now seems to make him make decisions that can be described as authoritarian.
As reported in particular by CNN, the leader invoked the Emergency Acta kind of martial law that allows recourse to the army against the protesters. This emergency law also allows for a whole panoply of retaliationespecially economic.
The Canadian government seems to want attack where it hurts. That is to say in the wallet. The banks can now freeze instantly bank accounts without going through the courts. Bankers will be able to dispense with the prior opinion of a judge.
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Bitcoin and cryptos seen as a grain of sand in the machine
Freezing the bank accounts of political opponents is possible and such practices argue for the uncensorability of Bitcoin. Enough to confirm in their convictions all crypto lovers who believe in the ideal cypherpunk breathed by Satoshi Nakamoto and its creation.
And precisely, cryptocurrencies have been perfectly identified as being able to constitute an obstacle government repressions. Thus, the emergency law will allow a further heightened surveillance sources of crowdfunding on the one hand (crowdfunding), but also transactions of crypto assets.
The rules against money laundering and against the financing of terrorism will now evolve. Despite numerous studies relativizing these theories, Bitcoin is still associated with questionable operations and movements in the mainstream media.
If we knew the list of countries that have banned or restricted bitcoin and cryptos around the world, we did not necessarily expect to see a country like the Canada. Canadian leaders, however, are not content to turn a deaf ear to claims. They even establish the right to economic life and death on their opponents, in order to make them bend. A beautiful test in perspective for the censorship resistance of Bitcoin?
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