in one blog post On February 21, 2022, Danish programmer and best-selling author wrote that he had changed his mind about bitcoin and cryptocurrencies after Justin Trudeau’s government reacted harshly to Canada’s current vaccination mandate protests.

“I still can’t believe that this protest will turn every bitcoin believer into a prophet. And that I have to bite myself a piece of humility and admit that I am aware of the basic need for cryptocurrencies in Western democracies. Was wrong,” Hanson wrote.

Canada declared “martial law”.

Canadian Prime Minister Trudeau emergency law Since 1988, never used before. He is taking action against previously peaceful truck driver protests, which arose after the Canadian government passed a law requiring every truck driver crossing the US-Canadian border to be vaccinated against COVID-19. Was.

The emergency law, for emergencies only, allows authorities to freeze bank accounts of people linked to the protests without the need for a court order. Some members of the protest movement so their bank accounts cleaned.

Police have also attempted to seize more than $8.3 million in funds raised for the protests, which have been diverted to other causes of their choice. Several measures have also been taken to blacklist the people donating to the truckers.

David Hanson criticized “Shockingly authoritarian” The Trudeau administration’s response, describing the measures as an “application of martial law.” “He’s insane. Totally insane. Terrible,” he lamented. “In just three weeks, honking horns, blocking roads and bridges, bouncy castles and flag waving, this peaceful protest movement has been the first of the Canadian government’s so far has managed to arouse the most shocking authoritarian response of all.”

“I don’t think we have any idea what kind of radical seeds Trudeau planted with these actions.”

bitcoin can’t be controlled

The longtime bitcoin critic realized the true value of censorship-resistant cryptocurrencies like bitcoin following the actions of the Canadian government. Hanson, who is also the founder and chief technology officer of American software company Basecamp, said:

“Whatever is going wrong at the moment, it is now clear to me that I was hasty to reject crypto altogether. Instead of valuing their inherent freedom to transfer assets, which One of the best ways we can protect ourselves right now.”

In the past, economically weak and authoritarian states such as Venezuela or Zimbabwe have used repressive measures to suppress protest movements of their citizens. Hanson never imagined that Western democracies would be willing to use similar methods and urged citizens to use bitcoin.

As he himself stated, he had “long considered the will of the people of Venezuela, Iran or China to be able to use cryptocurrencies to be irrelevant to the entire Western world”. He now believes that “you don’t need laser eyes or an NFT avatar to appreciate bitcoin’s rhetorical values.”

As a decentralized and censorship-resistant currency, bitcoin is not subject to the whims of governments. Unlike fiat currency users, who are subject to geopolitical interests or who can be frozen like Canada, bitcoin users do not have to worry about central banks or criminal governments, as they are only a decentralized, Cannot control encrypted currency.

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