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0 pointsTheHiddenSun2y ago0 comments

100% agree.

Crypto today is the only way how you can take control of your own funds.

What use is the money in your Bank account if the ruling political party can label you an ultra-right extremist and retroactively lock all your money down, just because of a single 1$ donation you did to a cause you believed to be right, like Canada did?

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a13692099932y ago

> can label you an ultra-right extremist and retroactively lock all your money down

Nitpick: about half the time (on sufficiently long term average), they'll instead label you a ultra-left extremist (most infamously anti-COMINTERN initiatives in the 1930s-1950s, but it tends to wobble back and forth depending on what's politically convenient).

Aerbil3132y ago

> Crypto today is the only way how you can take control of your own funds.

Well, digging a hole in the forest and storing money there technically remains an option.

May be more viable than crypto for certain rare use cases.

seattle_spring2y ago

No one had their accounts closed in Canada purely based on a donation.

mattdesl2y ago

There were a number of reports coming from conservative MPs of this very thing happening. Regardless of the veracity of their claims, the financial systems in place were able and prepared to do this, before the measures were lifted.

> Even a $20 donation to the Freedom Convoy after Feb. 15 could result in the donor’s bank accounts being frozen, a Commons committee heard Tuesday.

https://nationalpost.com/news/politics/even-small-donation-t...

shakow2y ago

So what justified closing their account instead?

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