Alex Coin 
Protesting truckers in Canada migrate to cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. fundraising platform a place to buy, sell and store cryptocurrency Tallycoin after the ban on further collection in GoFundMe.
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Truck drivers protesting the mandatory COVID-19 vaccine in Canada have decided to switch to the crowdfunding crowdfunding enables fundraisers to collect money from a large number of people through a variety of different platforms. platform based onBitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. Tallycoin, after the growing political pressure that culminated in the GoFundMe eliminating its “Freedom Convoy Campaing” (freedom caravan campaign).
It is worth noting that the famous donation platform GoFundMe withdrew the campaign and $9 million in donations last Friday in response to reports of violence by protesting truckers, which it claimed broke its terms of service. In addition, as the Cointelegraph After a wave of criticism, the platform went further on Saturday and decided that, instead of sending those funds to applicants, would automatically reimburse donors .
Shortly before the campaign was eliminatedFreedom Convoy initial, it was reported that s e had become the fifth most successful in the history of GoFundMe.
Turning to cryptocurrencies
After doing that, GoFundMe permanently eliminated the campaign. However, the protesting truckers (who have a large number of both supporters and critics, by the way) moved into the world of cryptocurrencies. They turned to Tallycoin a crowdfunding platform built on the blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. of Bitcoin (BTC).
On the website of Tallycoin, the applicants justify the choice of the cryptocurrency platform as a substitute for the previous method of collection:
The Canadian Bitcoin community would like to have a second financial access point for #FreedomConvoy2022. Legacy financial infrastructure can sometimes become politicized and repressed, while Bitcoin is a truly censorship-resistant method of communicating value. Don’t let your voices be silenced, and don’t let your financial sovereignty be trampled.
And they’ve had responses, though not in the volume how much cryptocurrency has been traded over a set period, such as the past 24 hours. they probably expected. As of 7:00 am New York time, the total amount raised by the platform is 8.8 bitcoins, equivalent to USD $375,619.9, according to thecalculadora de Cryptomarkets . However, the amount is much less than the amount that had been achieved by GoFundMe which was USD $9 million.
Dice Cointelegraph that it also remains to be seen whether the funds raised in Tallycoin will be subject to the same governmental and political pressure when they are converted into fiat fiat currency is “legal tender” backed by a central government, such as the Federal Reserve, and with its own banking system, such as fractional reserve banking. It can take the form of physical cash, or it can be represented electronically, such as with bank credit. currency.
Donations and crypto
The CampaignFreedom Convoy initially started in mid-January as a fundraiser at GoFundMe for cross-border truckers in Canada protesting vaccination requirements. Since then, it has become a rallying point for people who strongly disagree with prescriptive public health measures, including the use of masks.
It is worth noting that GoFunMe has also shut down other campaigns it has deemed irregular.
Likewise, the use of cryptocurrencies for donations has been used by different medical and human rights organizations. For example, last year in the UK, children’s heart health organization receives crypto grants . Also last year, the American Cancer Society and the American Cancer Society The Giving Block a file containing information on transactions completed during a given time period. Blocks are the constituent parts of a blockchain. created a new research fund that accepts crypto donations. As recently as this year, following the explosion of an underwater volcano, the Kingdom of Tonga, in Oceania, also accepts crypto donations. .
Sources: Tallycoin , Cointelegraph , archivo
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