Frozen Bank Accounts Strengthens Case For Bitcoin


When truckers got their heads together about the COVID vaccine issue in Canada, they thought they would halt the system. Of course, trucking is one of the primary ways to transport products from point A to point B. So, their premise seemed probable. But then came the frozen bank accounts.

When the Government can just reach into your assets and seize them, that creates a horrifying future. For reference, it’s totally legal to protest peacefully in Canada. So, as long as no one’s breaking any laws, protests are allowed. Yet, it has come to be expected that government authorities like the Canadian Prime Minister, Justin Trudeau, have and will continue to take matters into their own hands. Led by Trudeau, the Canadian Government is freezing bank accounts to punish protestors, making a case for Bitcoin even stronger. 

bank accounts

We’ve already outlined how Bitcoin solves issues for marginalized Americans. Now, let’s talk about how Bitcoin solves problems regarding the Government overstepping where The People’s rights are concerned.

As of right now, the Government cannot take what’s in your digital wallet. It can’t stop peer-to-peer transactions with what’s in your digital wallet. For now, that’s a good thing.

The above-mentioned is also a strong argument for standing in line and voting. If you vote for the right people, the Government won’t involve itself in trying to regulate a decentralized currency. That’s its most robust case. The fact that the Government can’t reach into a digital wallet and seize your assets makes it a more significant currency than any other.

bank accounts

In a democracy, in which Canada’s governmental framework is, for the most part, people should have the right to choose for themselves. Wear a mask if you want to wear a mask. Get the vaccine if it makes you feel safe. The Government does not have the right to force a position on anyone, regardless of what history shows. Freezing bank accounts is a bold move to end a protest. But Bitcoin has the ability to keep the world moving along despite government action. Can you think of a more extraordinary case for Bitcoin than that one?

For a currency that is secure from government reach, Choose Byte Federal. Go bank, Yourself!