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To: MarvinStinson

The Canadian deputy prime minister’s implication that the government can somehow block cryptocurrency payments is something of a bluff.

There is no way for the government to intercept or freeze cryptocurrency transactions that are conducted via decentralized wallets.

While some cryptocurrency wallets are tied to centralized exchanges and can be blocked, others are completely decentralized – nothing more than unique strings of letters and numbers known as “hashes.”

Anyone who knows a wallet’s unique hash can send funds to that wallet, from anywhere in the world, and no government can stop that transaction.


2 posted on 02/15/2022 12:40:12 PM PST by MarvinStinson
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To: MarvinStinson

Trudeau has shown himself to be a psychopath.

4 posted on 02/15/2022 12:44:23 PM PST by MarvinStinson
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To: MarvinStinson

So if they watch you do that from a phone or PC located in Canada, get some type of wire charge.


6 posted on 02/15/2022 12:50:13 PM PST by BiglyCommentary
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To: MarvinStinson
There is no way for the government to intercept or freeze cryptocurrency transactions that are conducted via decentralized wallets.

True. A lot of people down in Venezuela found crypto to be a life saver. I see the government down there just added a new "tax" on every transaction, 30% I think it is. That will make a lot of new 'criminals', if discovered. I would think local businesses would have a problem with their bookkeeping and inventory reconciliations.

I just checked and Venezuela does tax food sales, probably the most important function of crypto in that country. Something can look a little fishy to the government if no food is being sold, on the books. Also, I can imagine they less stringent interrogation rules than we do.

27 posted on 02/15/2022 1:41:38 PM PST by Karl Spooner
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To: MarvinStinson

Putin called Trudeau a tyrant. ROFL

Learned it from his daddy’s knee.


30 posted on 02/15/2022 1:51:21 PM PST by luvie (The bravery & dedication of our troops in keeping us safe & free make me proud to be an American🇺🇸)
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To: MarvinStinson

If you have the ability to know a person is connect to the internet and how they are connecting there isn’t much they won’t be able to prevent. What is more if you’re able to coerce companies into revealing certain details about connections...even better for them. All of the secure connections people rely on are based on trust, those trust authorities can break the trust and thus break encryption. You don’t need to break crypto necessarily. Just need to prevent access to it.


50 posted on 02/15/2022 4:16:13 PM PST by wiseprince (Me,)
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To: MarvinStinson

This may help:

https://www.getmonero.org


59 posted on 02/15/2022 6:42:01 PM PST by bobcat62
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