Interesting situation concerning cryptocurrency
https://www.foxbusiness.com/financials/cryptocurrency-expert-says-us-should-watch-what-canadian-government-is-doing-to-protesters-no-one-is-safe
Quote:
A cryptocurrency expert is sounding the alarm on how the Canadian government is freezing the crypto wallets of Freedom Convoy protesters and said that it's something that can "very realistically" happen in the United States.
Deputy Prime Minister Chrystia Freeland said during a press conference on Thursday that crypto wallets have been frozen.
"The names of both individuals and entities, as well as crypto wallets, have been shared by the RCMP with financial institutions and accounts have been frozen, and more accounts will be frozen," Freeland said.
Nicholas Anthony, manager of the Cato Institute's Center for Monetary and Financial Alternatives, told FOX Business that the same strategy the Canadian government is using to silence protesters can "very realistically happen here."
"I think this really needs to be an eye opener for Americans across the country, across political ideologies," Anthony said. "But this is something that could very realistically happen here, and this is something that shows that they really need to have stronger financial privacy protections in place. And really, they should have a right to their financial privacy."
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I know the govt can do the same with you checking account but if the SHTF and the leaders decide your political opinion is dangerous to them it would be tempting to weaponize the "regulation" of funds. You can't easily do that with hard cash, precious metals, or Tab's dragonazz jeans.
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Joe
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