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Topic: What's happening in Canada ? (Read 285 times)

legendary
Activity: 2534
Merit: 1338
February 22, 2022, 12:30:10 PM
#33
     I'll tell you what's happening - Just a childishly egoistic leader suppressing simple protesters about COVID-19 related stuff using the banks as the way to make these poor people suffer. I don't know what is running inside this leader's head or the people around him who should be giving advices or whatsoever. This will inly turn the people of Canada against them and would only push the country into chaos. I pity the Canadians for having such a leader. On a side note, investing right now on cryptos while a good choice would he pretty difficult seeing that the banks are being strict at the moment. Lucky are those that have already planted seeds in this industry before all these stuff happened.
I would like for things to be that simple but that is not the case, to me this is a concerted effort to try to cut down the freedoms of the people, now more than ever exist all kind of restrictions to our behavior that did not existed before and that quite honestly are ridiculous, governments are trying to put their hands in everything and we know that they are incredibly inefficient at everything that they do so they are only complicating everything by doing so, and this is one more case of this trend, fortunately bitcoin exists so those protesters can begin to use it to avoid having all their wealth stolen by a government that does not value freedom.
legendary
Activity: 2310
Merit: 1598
Do not die for Putin
February 22, 2022, 10:02:13 AM
#32
I understand that people are not seeing eye to eye in Canada right now.
People have many different opinions and I try to stay compassionate and not judge anyone.
I’m lucky, I feel like most of my friends are open but many people just don’t want to hear the other side.
That means that people are ignorant and that they didn't have the proper education to be able to have that, in my opinion, it's better not to care about them because they're not going to change, instead spread your open mindedness elsewhere that you're appreciated. I think that people not seeing eye to eye is a good thing because with that kind of approach, we will be able to point out if someone's doing something wrong.

Is just that people have not been given proper assurance and they are so tired of the governments manipulating the information and generating their own versions of "truth". Now, when we need to have some faith in what goverments say and there is a lot a risk we can only observe that these are not doing any better, with plenty of contradictory information and senseless measures. That is why people feel cheated and protest.
sr. member
Activity: 1274
Merit: 293
February 22, 2022, 04:44:51 AM
#31
I understand that people are not seeing eye to eye in Canada right now.
People have many different opinions and I try to stay compassionate and not judge anyone.
I’m lucky, I feel like most of my friends are open but many people just don’t want to hear the other side.
That means that people are ignorant and that they didn't have the proper education to be able to have that, in my opinion, it's better not to care about them because they're not going to change, instead spread your open mindedness elsewhere that you're appreciated. I think that people not seeing eye to eye is a good thing because with that kind of approach, we will be able to point out if someone's doing something wrong.
full member
Activity: 1092
Merit: 227
February 22, 2022, 04:09:36 AM
#30
I don’t trust them either, they are literally showing up their Poker Face. Nobody gonna understand what the Canadian government is up to. I never thought that Canada will pull off their faith from the crypto currencies. Currently major countries are already accepting the bitcoin. They might be imposing the rules and regulations but at least they are letting their people to use it. Why Canada is going so rogue is really mystery for me. I though Canada was the most friendly nation around the globe when it comes to acceptance of new things. They have amazing immigration policy but they are not able to immigrate the newest tech formed. Hilarious.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
February 21, 2022, 03:55:35 AM
#29
I understand that people are not seeing eye to eye in Canada right now.
People have many different opinions and I try to stay compassionate and not judge anyone.
I’m lucky, I feel like most of my friends are open but many people just don’t want to hear the other side.
hero member
Activity: 2520
Merit: 624
February 19, 2022, 12:58:55 PM
#28
This clearly shows the flaws in the current financial system and the need to replace it with a decentralized system. Bitcoin is the solution and the Bitcoin revolution is coming. Yes, this is absolutely true, it will not take long to understand These tyrants believe that the Bitcoin revolution is irresistible and that Bitcoin will change the face of the financial and economic world.
Bitcoin = Financial Freedom

The world economy is gradually getting into a decentralised system but how that will happen I'm yet to know myself. Maybe we are going to get to a stage where youths and citizens will get on the street with placards with the imprint of bitcoin. This can happen, but some countries are already accepting this reality and making bitcoin legal, that's a way it will begin.
legendary
Activity: 1820
Merit: 1950
Fully Regulated Crypto Casino
February 19, 2022, 12:24:14 PM
#27
Yes, unfortunately, countries that claim to be civilized and leaders of the civilized world carry out tyrannical economic and financial practices against their citizens. This clearly shows the flaws in the current financial system and the need to replace it with a decentralized system. Bitcoin is the solution and the Bitcoin revolution is coming. Yes, this is absolutely true, it will not take long to understand These tyrants believe that the Bitcoin revolution is irresistible and that Bitcoin will change the face of the financial and economic world.
Bitcoin = Financial Freedom
sr. member
Activity: 1988
Merit: 283
February 19, 2022, 11:36:31 AM
#26
With the current state of threat the banks has shown to it's citizens, and truckers, Canadians are now scared and no longer have a good trust in the banking system, this will lead to a whole lot down that ends pulling out their Fiat and buying Bitcoin.
This will be the first step to full bitcoin adoption in Canada!
If I we're to be there, I'd have done that a long long time... Financial Sovereignty is the key, besides Banks gives no profits.
#The revolution is coming and bitcoin is the future.
My advice here to all Canadians is to buy Bitcoin, Banks are of the past, Bitcoin is the future.
if these is a totally legit information surely their second choice is to rely in bitcoin since bitcoin is very legal on their country as well .  And it will become a good choice because indeed they can get benefits from bitcoin than storing money from their banks which is currently very stricted at the moment.. So its not surprising if they will suddenly use bitcoin than keeping their money in the same place which despite always give them a problem..
full member
Activity: 1736
Merit: 121
February 19, 2022, 08:03:15 AM
#25
With the current state of threat the banks has shown to it's citizens, and truckers, Canadians are now scared and no longer have a good trust in the banking system, this will lead to a whole lot down that ends pulling out their Fiat and buying Bitcoin.
This will be the first step to full bitcoin adoption in Canada!
If I we're to be there, I'd have done that a long long time... Financial Sovereignty is the key, besides Banks gives no profits.
#The revolution is coming and bitcoin is the future.
My advice here to all Canadians is to buy Bitcoin, Banks are of the past, Bitcoin is the future.

Yes despite that banks have behaved this way with citizens in Canada ,I don't think it will stop them from keeping money with the bank at the end of the problem because banks are still playing certain roles but this issue will show that blockchain and bitcoin is the future where nobody will restrict the transaction and your hodlings are safe with out interference through blockchain.
jr. member
Activity: 214
Merit: 1
February 19, 2022, 07:32:07 AM
#24
With the current state of threat the banks has shown to it's citizens, and truckers, Canadians are now scared and no longer have a good trust in the banking system, this will lead to a whole lot down that ends pulling out their Fiat and buying Bitcoin.
This will be the first step to full bitcoin adoption in Canada!
If I we're to be there, I'd have done that a long long time... Financial Sovereignty is the key, besides Banks gives no profits.
#The revolution is coming and bitcoin is the future.
My advice here to all Canadians is to buy Bitcoin, Banks are of the past, Bitcoin is the future.
They are left with that only option to adopt bitcoin because if the state will freeze their accounts then they will snatch their living and the rights of their family and their food. If this will happen to them then better to adopt bitcoin.
sr. member
Activity: 987
Merit: 289
Blue0x.com
February 19, 2022, 07:21:01 AM
#23
     I'll tell you what's happening - Just a childishly egoistic leader suppressing simple protesters about COVID-19 related stuff using the banks as the way to make these poor people suffer. I don't know what is running inside this leader's head or the people around him who should be giving advices or whatsoever. This will inly turn the people of Canada against them and would only push the country into chaos. I pity the Canadians for having such a leader. On a side note, investing right now on cryptos while a good choice would he pretty difficult seeing that the banks are being strict at the moment. Lucky are those that have already planted seeds in this industry before all these stuff happened.
legendary
Activity: 2534
Merit: 1338
February 18, 2022, 12:40:57 PM
#22
What has happened is that the government has taken quasi-dictatorial measures against those who do not act like they want. In theory for the common good, to get rid of the pandemic, which is more like an epidemic, and which is just now less dangerous than ever since the March 2020 outbreak. But if we look at the past, all dictators, even those who murdered millions of people, did it for a supposed common good.

And, yes, Bitcoin has provided a window of opportunity to break free from the clutches of the state.
The question is if people will actually see this, people always defend these kind of actions by saying they have nothing to hide and that only criminals should be worried about it but this is not true, now everyone that does not think like the government in turn is not safe and could find that one day they have lost everything they have worked for just because they government decided so, which proves once again that letting any government have control of the money and the banking system is never a good idea.
member
Activity: 454
Merit: 10
February 18, 2022, 12:02:30 PM
#21
That's the good thing about this - to make it even clear to people that banks - and the government are not your friends. If they have your money, they can use it against use. Don't forget that.

from what i've read, the chaos that's going on in canada right now has nothing to do with their financial system. they only protested about the mandatory vaccination of truck drivers, that's all https://www.nytimes.com/live/2022/02/14/world/canada-protests-news

... but i can say that cryptocurrency is the financial system of the future, which sooner or later will be adopted by many people in the future.

Yes they are prostesting about the vaxx mandate - to which their government responded by freezing bank accounts. Which in turn highlighted the need for alternatives to fiat.

i just read the news, and I can tell that this is crazy stuff

...how can a president of a country with a democratic system do something like this?

things like this will make more people want to move to a decentralized financial system, where their wallets will not be able to be intervened by anyone
sr. member
Activity: 1848
Merit: 341
Duelbits.com
February 18, 2022, 11:42:19 AM
#20
It's not a good move from the canadian government. It's not a good one to freeze the wallet of people who hold the cryptocurrency. Instead they can make a law. Because they can get a law in a parliament.The percentage of tax can be get from the people. At the last government get huge money for the government which can be used for the welfare of the government. Freezing of wallet opinion should be changed by the government. It's only way to earn some tax from people.
Therefore, what is now being done by the Canadian government, especially the Bank, which blocks accounts will trigger a split. Until finally there will be pressure from the account holders who demand the freedom of their money. No wonder why the Bank always does this kind of thing. They don't easily come to terms with the finances generated from cryptocurrencies.
hero member
Activity: 2842
Merit: 625
February 18, 2022, 10:13:23 AM
#19
It's not a good move from the canadian government. It's not a good one to freeze the wallet of people who hold the cryptocurrency. Instead they can make a law.
That's what they're doing. They are the law and that's what they're implementing is based from what they think and there's no need to have it long to wait just to implement it.

It's not really a good move to freeze those accounts that might have been known to hold crypto. But they're into those protesters and that's the action that they're taking for them to mitigate the issue.

Because they can get a law in a parliament.The percentage of tax can be get from the people. At the last government get huge money for the government which can be used for the welfare of the government. Freezing of wallet opinion should be changed by the government. It's only way to earn some tax from people.
It's not the issue about taxation, it's more than that and the Canadian government doesn't care about it. They're only certain and targeting specific people.
hero member
Activity: 2170
Merit: 553
DGbet.fun - Crypto Sportsbook
February 18, 2022, 09:44:52 AM
#18
Lately, there has been quite a lot of discussion about the authoritarian actions carried out by the Canadian bank, only because of the large amount with withdrawals divided into several addresses, but in fact it is monitored so that it is frozen. This action has sparked various speculations between the government, as well as banks which show an unsupportive attitude towards what is being done. Even though there is no need to freeze the account in question, if you really want to get tax, then cut it according to the applicable rules, not freezing all wallets that have access to Bitcoin, especially Bitcoin generated during fundraising.

It's not a good move from the canadian government. It's not a good one to freeze the wallet of people who hold the cryptocurrency. Instead they can make a law. Because they can get a law in a parliament.The percentage of tax can be get from the people. At the last government get huge money for the government which can be used for the welfare of the government. Freezing of wallet opinion should be changed by the government. It's only way to earn some tax from people.
hero member
Activity: 2562
Merit: 586
February 18, 2022, 02:43:24 AM
#17
Canadians are now scared and no longer have a good trust in the banking system, this will lead to a whole lot down that ends pulling out their Fiat and buying Bitcoin.
This will be the first step to full bitcoin adoption in Canada!
It all depending on the bitcoin law in Canada. If the government has not encouraged the hodling of bitcoin it won't give them such choice. But the problem don't need to escalate because it is only about the few sector of the economy that is affected and should be resolved with the government and the truck drivers. Anyway the incident has brought Canada in the news lately.
The OP have celebrated early and he doesn't think of what can happen next. Bitcoin can be legal now in Canada but if the government noticed that all people have switched to btc and they do not use fiats anymore, the Canadian government might get offended and they can release a new law to ban btc and punish people that are caught of using a btc.

This issue is not totally a big issue but the issue is only between the truck drivers and the government, that is why the banks hold their funds but other people should not worry because their funds wont get frozen. Not all people are going to hate the banks, governments or the fiats after they saw this. Let us not think in advanced.
legendary
Activity: 2310
Merit: 1598
Do not die for Putin
February 17, 2022, 07:44:35 PM
#16
What has happened is that the government has taken quasi-dictatorial measures against those who do not act like they want. In theory for the common good, to get rid of the pandemic, which is more like an epidemic, and which is just now less dangerous than ever since the March 2020 outbreak. But if we look at the past, all dictators, even those who murdered millions of people, did it for a supposed common good.

And, yes, Bitcoin has provided a window of opportunity to break free from the clutches of the state.

I think that the government of Canada is absolutely wrong on the measures taken. After Omicron, a large part of the world has already been exposed to the virus and the variant resulted quite weak compared to the original COVID. I think it has been the best vaccine to date.

Now, what the protesters are doing is not a sensible way of protesting. It creates too much chaos and it seems frivolous and harming for the economy and image of Canada. I think is a result of a psychologically difficult year for everyone.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
February 17, 2022, 12:14:16 PM
#15
Lately, there has been quite a lot of discussion about the authoritarian actions carried out by the Canadian bank, only because of the large amount with withdrawals divided into several addresses, but in fact it is monitored so that it is frozen. This action has sparked various speculations between the government, as well as banks which show an unsupportive attitude towards what is being done. Even though there is no need to freeze the account in question, if you really want to get tax, then cut it according to the applicable rules, not freezing all wallets that have access to Bitcoin, especially Bitcoin generated during fundraising.
legendary
Activity: 2506
Merit: 1125
February 17, 2022, 11:54:30 AM
#14
From some of the news that I read, actually the conflict that occurred was only between the government and the truck drivers who carried out the convoy, and I didn't see it as a conflict that might spread to all regions in Canada, it is true that if the government would freeze the bank accounts of the protesters, but that doesn't mean other Canadians will withdraw all their fiat money from banks,  we still need conventional banks in that case, even if there is a complete adoption of bitcoin in the country, this is just my opinion because I saw what you say currently have no credible sources in my opinion.
Adoption is expected and it will only provide greater opportunities for Canadians to use a decentralized currency (bitcoin). Adoption is not meant to fight the dictatorship of the government but it is the need for a better financial system than the fiat system. Canadians now have the option of using bitcoin although not all of them want to use bitcoin as a means of payment for various reasons.

If these protests can influence the government's decision to regulate bitcoin, then I'm sure we won't see a very negative impact on the price. But I hope this is a good start for bitcoin in Canada as a means of payment allowed by the government.
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