Feb 22, 2022

Letter #88: Bitcoin Can Be Confiscation-Resistant, But It's Up To You

Read now to learn how Bitcoin are only as safe as you keep them, and how Bitcoin custodied by someone else aren't really safe at all.

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Joshua Guest
Your one-stop shop for Bitcoin education!
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Dear Readers,

We live in unprecedented times. Earlier this month, we spoke about the fundraising platform GoFundMe getting mocked around the globe after it froze millions of dollars’ worth of donations for Canadian truckers protesting COVID-19 vaccine mandates put in place by their elected government. If you thought that was the end of the story, then you’ll likely be unpleasantly surprised to hear how the situation has escalated in the intervening weeks.

What started as a targeted response by the Canadian government has seemingly evolved into a full-fledged assault against the truckers, their families, and anyone around the country who supported them. If you think I’m exaggerating, I’m not. In a drastic turn of events, the Canadian government has for the first time in history activated the “Emergencies Act”, legislation enacted into law over two decades ago that grants the government far-reaching authority over Canadians, their property, and their ability to exercise their rights.

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