Canada is now regulating crowdfunding and crypto under Terrorist Financing Act

https://twitter.com/TrueNorthCentre/status/1493347561876471809

by steelstraw • 4 years ago

24 8 4 years ago

The world quickly needs to understand that physical goods being exchanged physically in person are the best shot we have at anonymous transactions.

It will be a multi polar world of different currencies like bullets and ramen, but that is the only way to ensure the middleman doesn't do something you didn't expect or accept.

ameminator• 4 years ago

I dunno, I think it's a bit of a herculean task to regulate the whole cryptocurrency market, especially with anonymous "coins" like Monero and Zcash.

I also have doubts about the strength of the US "physical" currency because of inflation.

It may become a multipolar world, but that's mostly because of the rise of China, India and Brazil as the US declined.

netheril96• 4 years ago

It is not, simply due to convenience. People sympathetic to the cause can bother to click few clicks on their computer to support them, but to go all the way with physical goods? Only a tiny percentage would do that.

jsiaajdsdaa2• 4 years ago

You didn't see all the videos of people delivering gas to the truckers?

vincentpants• 4 years ago

How the hell is True North even on here??! They are an Alex Jones-level conservative crisis actor resource that doesn't have the best track record of being accurate. Is there a better link out there? Flagging this post in the meantime...

tanseydavid• 4 years ago

The video linked in their Twitter feed is merely a Canadian gov't Press Conference. The link here on HN links to the Twitter feed.

Are you supposing that this outlet that "doesn't have the best track record of being accurate" is actually spoofing or modify the press conference footage (or should be considered likely to do so)?

Earnest question.

olliej• 4 years ago

A bill passed under the guise of "preventing terrorism" being misused?

Crypto is obviously used by terrorists, but crowdfunding sites are fairly heavy handed with terrorist and terrorist-adjacent campaigns

ohiovr• 4 years ago

Canada just made at least 20% of it's population into "terrorists". Terrorists with bouncy castles. Guys this is it. I'm sick of it and a hell of a lot of us are too. We are not going to allow the whole world to become a totalitarian state to continue enriching a few hundred men. Everyone I know who read the book 1984 is now in complete agreement with it. You all lost the plot. You'd kill 20% of the population over a disease that maybe kills 2 percent of us?

Canada is now regulating crowdfunding and crypto under Terrorist Financing Act

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