Feb. 16, 2022: Woe Canada 🇨🇦🇺🇸🤦
Canada joins the US Senate and SEC in Assaulting Cryptocurrency
It’s been a good week for the forces of corruption and graft. Canada attacks its political opponents’ bank accounts, the SEC attacks BlockFi, and half the Senate is attacking American prosperity.
Another Black Mark on Trudeau
We’ll start where we’re least informed, on the situation north of the border. Despite being American, we ironically happen to believe it’s not our place to meddle in other country’s affairs.
As a single issue cryptocurrency voter, there hadn’t yet been a crypto angle so we’d basically felt Canadians could politely sort things out on their own.
Yesterday this changed. When Trudeau assumed the authority to drain people’s bank accounts willy-nilly, it clearly illuminated the use case for censorship-resistant cryptocurrencies. Hundreds of other people already weighed on this point, so we need not regurgitate yet another take.
Amidst the fracas, the poorly named Deputy PM Freeland explicitly placed cryptocurrency in the crosshairs, directly equating it with terrorist financing. This is clearly an insane overreach, and enough to activate my attention.
I’m hardly the biggest player in this space, but I’m autistic enough to be dangerous with a terminal and keyboard. Last time I got so enraged, I responded by helping launch PAC DAO, which has grown into a formidable resource on a shoestring budget. At this point nobody should doubt my ability to execute when provoked.
Therefore the oppressors were probably best off keeping me sidelined. Yet they dragged cryptocurrency into this, so I’m laying plans. The community has identified the best attack vector.
It appears there is strong demand for a truly decentralized GoFundMe. Properly structured, I could see how such a service could indeed play a valuable role.
Our enemies’ only hope is that I still need some time to build a basic understanding of this product. I’ve never even used GoFundMe. I have a basic architecture in mind, but I need help answering some basic questions before I dare start building. Measure thrice, cut once…
Who is actually going to use this? I need to know a specific name and their specific use case so I can tailor it for a specific need, not for a hypothetical.
What is the minimum set of features needed to launch such a service. Keep this easy and we could be up and running quickly.
What are the potential legal issues to be aware of, especially given Canada conflating activism with terrorism?
Of course I’m not taking any action until I comprehend the legal nuances at play here. Yet my cursory understanding is that even if the legal complexities proved difficult in the USA, free speech laws should permit publishing an open source code repository. If somebody living on free soil chooses to deploy this repository and use it to grow rich and powerful fighting the cause, well, bully for them.
But why do you say the USA is not free soil? Glad you asked! Moving on to the second most blatant power grab in the past week…
