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Topic: Bitcoin a truly censorship resistance, Tallycoin raised fund for Canadian trucks - page 2. (Read 316 times)

hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
The amount to be raised appears to have been updated, the previous target was achieved and it has been raised to 1,000,000,00 sats, yet strangely, donations continue to pour in. People are really supportive, and I'm convinced that bitcoiners have one of the purest hearts in the world.
As of this writing, 88% had been reached.

legendary
Activity: 2450
Merit: 4415
🔐BitcoinMessage.Tools🔑
I haven't heard of Tallycoin before but it seems that Gofundme has helped many to gain popularity.

Bitcoin protocol is designed very well to against censorship but there are attempts to censor Bitcoin transactions. As a magic effect from decentralization, Bitcoin network is safe so far.

Let me introduce the Marathon miners have started censorsing Bitcoin transactions. It is an example for what I meant.

Because its hashrate is very high, the level of decentralization is great too so that it is a great barrier for 51% attack and censorship attempts.
Actually, Marathon pool has stopped mining only OFAC-compliant transactions shortly after this news about censorship that you mentioned has come out, here is the proof: Bitcoin Mining Company Marathon Will Stop Censoring Transactions, Start Signaling For Taproot

It seems they understood that trying to censor transactions in bitcoin is not only pointless, but also it is highly unprofitable for miners themselves whose only goal and incentive is to return the money they invested in hardware and electricity. By not including non-compliant transactions that usually pay a higher fee, you basically shoot yourself in the foot making your business less sustainable and less reliable. Economic incentives at work outweigh questionable regulation that benefits no one.
legendary
Activity: 2240
Merit: 3150
₿uy / $ell ..oeleo ;(
GoFundMe sucks big time so no surprise people will look for more secure alternatives.
In this regard here's a nice screenshot Smiley
Well someone sent 2BTCs.

Go, truckers goo! Smiley It's all about freedom.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
Bitcoin protocol is designed very well to against censorship but there are attempts to censor Bitcoin transactions. As a magic effect from decentralization, Bitcoin network is safe so far.

Let me introduce the Marathon miners have started censorsing Bitcoin transactions. It is an example for what I meant.

Because its hashrate is very high, the level of decentralization is great too so that it is a great barrier for 51% attack and censorship attempts.
legendary
Activity: 2898
Merit: 1823
Bitcoin will be used where its needed, and I believe, like the Heroine dealers in the dark markets who can’t use the legacy banking system, the truckers who have been censored by GoFundMe are welcome to use a decentralized, censorship-resistant, permissionless alternative. This is mainly part of why Satoshi made Bitcoin for in my opinion.
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
The truckers convoy and the Gofundme platform didn't work out when millions of dollars were raised against the Covid 19 protest and people's free movement in Canada.
The truckers convoy protest has been going on for over a week now since many people have been forced to take Covid 19 vaccines and have been restricted from moving around. It was going well and had received a lot of support and donations until Gofundme halted the donations and claimed to refund money to donors if they specifically ask for it or the money will be redirected to charity after police declared it an unlawful activity.

Tallycoin[1], a platform built on the bitcoin blockchain with zero fees and a lightning network, was able to help raise donations from several people from different continents and several Satoshi's in less than 48 hours, totalling more than $250,000.



Source: https://tallyco.in/s/lzxccm/

The objective was to raise 615,000,000 sats, and as of this writing, it has achieved 646,120,679 sats and counting.



https://mobile.twitter.com/pleb331/status/1489764246980374532

Jeff Boot [1] and Gregg Foss [2] hold the keys to the funds, and BTCsessions[3] built the website.



Source: https://tallyco.in/s/lzxccm/

The chart donation and the total amount of BTC that has been raised so far.



References:
[1] https://tallyco.in
[2] https://mobile.twitter.com/BTCsessions
[3] https://mobile.twitter.com/JeffBooth
[4] https://mobile.twitter.com/FossGregfoss
[5] https://www.dw.com/en/gofundme-ends-fundraising-for-canada-trucker-protest/a-60669576
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