Trudeau has shown himself to be a psychopath.
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.
Trudeau has shown himself to be a psychopath.
So if they watch you do that from a phone or PC located in Canada, get some type of wire charge.
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.
Putin called Trudeau a tyrant. ROFL
Learned it from his daddy’s knee.
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.