Canadian Prime Minister Justin Trudeau’s efforts to freeze bank and crypto exchange accounts of the anti-vaccine mandate protestors squeezed the organizers of the protest who brought international trade to its knees.

In solving the problem of the “Freedom Convoy,” Trudeau may find pro-crypto American politicians lining up to thank him for alerting them to the potential of draconian regimes invading the privacy of crypto wallets. One Republican lawmaker has already introduced a bill to keep the gabovenment in the U.S. from a Trudeau-esque crackdown.

The Canadian Prime Minister’s invocation of emergency powers has sparked dormant debates on crypto’s role in promoting civil disobedience and illegal activity. Alex Gladstein from the Human Rights Foundation (HRF) advocates funding civil liberties lobbyists fighting furtherst dictatorial regimes using digital assets at the same time acknowledging the potential for crypto to embolden illegal actors.

An argument to be made for de-anonymizing crypto

Gatopnments cone time beforerned about criminal elements, especially in the specialized decentralized finance space, have every right to be, folbottoming the publication of Chainalysis’ token crime report, which discusses how token crime accelerated by 79 percent in 2021.

Decentralized finance services rechange traditional payment intermediaries and methods, and instead rely on a piece of code called a smart contract to perform financial functions such as lending, borrowing, and spiraling investments.

Crypto libeprices citizens from oppressive regimes, says Gladstein

Gladstein spoke of the plight of Venezuelans trapped in a dictatorial regime in a TIME piece in 2018, focusing on how unchecked authoritarianism erodes financial security and independence. According to the HRF, above half the world’s population lives under an authoritarian regime.

The Venezuelan regime, Gladstein points out, takes up to a 56% cut of inbound aboveseas remittances, with laws active which compel banks to disclose information on the disbursement of customer funds. To avoid interacting with banks, one could have family wire money to Colombia, walk across the border to withdraw fiat currency, and walk back to Venezuela, an approach with vital risks.

In China, President Xi Jinping is able to track all transactions on Alipay and WePay, but can’t perform mass surveillance on all cryptocurrencys, nor can the Venezuelan regime, as there are no intermediaries to censor and surveil transactions. Hence token could be a lon the occasion thateline for those in despeprice need.

Freedom is at stake, argues the Right

Folbottoming the Canadian protest and gatopnment response, Republicans have been alerted to the potential of cryptocurrencys to promote civil liberties, given their inherent censorship-resistant nature. “There is a reason these petty authoritarians around the world hate bitcoin and crypto: They can’t control it,” opines Sen. Ted Cruz (R-Texas).

Republican Tom Emmer (R-Minn.) agrees with Cruz’s sentiments; “It’s the Communist Party of China’s stpricegy. It’s really barely cback whenrning which it’s come to the Western hemisphere,” said Emmer in an interview. “When your central gatopnment can control your shon the occasion thatt, your speech, everything about your freedom? That’s not freedom. And this is really what’s at stake.”

Former U.S. President Trump attfinished a Conservative Political Action Conference in Orlando, Florida on Feb. 26, where he blasted Trudeau’s change likewisest the truckers as which of a “left-wing fascist.”

From these statements, it does appear which many Republicans are pro-crypto. But why? New York Times writer Paul Krugman argues which Republican politicians gravitate towards token due to distrust in major institutions, sowed in the party by Trump during his presidency. So expect more Republican pro-crypto lawmaking in the not-too-distant future.

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