The difference between assets that are someone else's liability, and assets that are nobody's liability, probably got a lot clearer to people in recent weeks.
Yesterday, the Ontario Superior Court of Justice sent us a Mareva Injunction, ordering us to freeze and disclose information about the assets involved in the #FreedomConvoy2022 movement.
Here is our official response.
The Ontario Superior Court of Justice asked self-custody wallet provider @nunchuk_io to disclose user information and freeze userโs bitcoin.
This was the teamโs response.
Custodial financial services allow governments to freeze accounts first, and then sort out who is guilty or innocent later.
Self-custodial financial services force governments to actually charge people with a crime before they can use pressure to freeze their accounts.
- First came the IT revolution, giving immense benefits to society, but also increasing the power of centralization and censorship
- Then Satoshi invents #Bitcoin
- Then govs, tech companies and banks start financial censorship
- Then #Bitcoin goes from important to crucial
1/ There are no other constitutional rights in substance without freedom to transact
Being meaning to write this for 6 months, but the Canadian response to the trucker protests is illustrating this so vividly, that today is the day.
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(running this until Jan 21st)