Gofundme Shuts Down Truckers’ Freedom Convoy Fundraiser, Move Highlights the Importance of Crypto Crowdfunding – Bitcoin News

This week the world has been watching the hundreds of truckers in Canada protesting the vaccine mandates at the Freedom Convoy in Ottawa. The Freedom Convoy has acquired worldwide assist and thousands and thousands of {dollars} had been raised utilizing Gofundme to assist fund the protest. However, the crowdfunding platform determined to halt the fundraise and reimburse the donors who despatched money. The resolution has brought about a large uproar as Gofundme’s resolution has uncovered the vulnerabilities of centralized crowdfunding purposes.

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Trucker’s Vaccine Mandate Protest Raises $9 Million, Gofundme Shuts Down the Fundraiser and Reveals Plans to Reimburse Donors

There’s a big group of truckers which can be presently protesting in Ottawa over the vaccine mandates utilized to the trucking business, particularly truckers who cross the U.S.-Canada border. The Covid-19 vaccine mandate has prompted a big convoy of truckers to occupy the streets surrounding the Parliament buildings in downtown Ottawa, Ontario.

Truckers are upset about the mandates for varied causes as many consider that the sanctions are immoral and that no drug needs to be taken with out voluntary consent. Additionally, there’s growing evidence that the vaccines in extremely vaccinated areas are not mitigating the virus.

Truckers are additionally upset with the twenty third prime minister of Canada Justin Trudeau who has been in opposition to the truckers convoy and isn’t keen to listen to the protestors’ calls for. At a press convention final week, Trudeau known as the protesters “a small fringe minority.”

Furthermore, after being vaccinated thrice and getting his boosters, Trudeau fell unwell with Covid-19 simply earlier than the truckers arrived in downtown Ottawa. While some of the protestors left after the weekend, the majority has remained behind to specific their discontent and grievances with the Canadian authorities.

On Friday, after the Freedom Convoy raised $9 million in funds, the crowdfunding company Gofundme decided to stop the fundraise and reimburse those that donated to the Canadian trucker’s crowdfund. “To simplify the process for our users, we will be refunding all donations to the Freedom Convoy 2022 fundraiser,” Gofundme tweeted. “This refund will happen automatically—you do not need to submit a request. Donors can expect to see refunds within 7-10 business days.”

Furthermore, the police in Ottawa thanked the Gofundme platform for shutting down the Freedom Convoy’s fundraiser. The police stated:

We need to thank Gofundme for listening to our issues as a City and a police service. The resolution to withhold funding for these illegal demonstrations is a crucial step and we name on all crowdfunding websites to comply with.

Gofundme’s Move Sparks Controversy and Decentralized Crowdfunding Ideas

Of course, Gofundme obtained lots of backlash from Freedom Convoy supporters and people who are in opposition to vaccine mandates on the whole. One particular person tweeted a reply to the police assertion and said: “This is fascism, Ottawa Police. Good job.”

Others shared videos of the Freedom Convoy individuals dancing in the streets and being fully peaceable. Furthermore, Gofundme’s resolution uncovered the vulnerabilities tied to centralized crowdfunding purposes, and it sparked a decentralized fundraise that was created for the truckers.

Gofundme Shuts Down Truckers' Freedom Convoy Fundraiser, Move Highlights the Importance of Crypto Crowdfunding
Gofundme’s resolution has sparked lots of discussions regarding the significance of censorship resistant crowdfunding by way of cryptocurrencies.

A Freedom Convoy fundraiser was initiated by way of Flipstarter by a BCH supporter after Gofundme shut down the donations web page.

The Flipstarter’s description says: “The Canadian Freedom Convoy is a peaceful protest of truckers and citizens speaking out against vaccine mandates and the government’s heavy-handed approach to curbing the spread of Covid. Many feel these measures have unreasonably infringed upon Canadians’ rights as guaranteed in the Canadian Charter of Rights & Freedom.” The Flipstarter is trying to lift 100 bitcoin money (BCH) for the Freedom Convoy.

In addition to the decentralized Flipstarter fundraise, a Twitter account dubbed: “Honkhonk Hodl,” has created a fundraiser the place individuals can leverage the Lightning Network (LN) to donate satoshis (fractions of bitcoin) to the Freedom Convoy.

Bitcoin advocate Marty Bent wrote an opinion editorial about Gofundme’s resolution known as “They’re making the case for Bitcoin right before our eyes.” Bent’s blog post insists the transfer by “Gofundme and the Canadian government is an incredible endorsement of bitcoin and its reason for being.” The bitcoin supporter added:

Bitcoin is an crucial and right now’s occasions make this truth extra evident than ever.

Tags on this story
Bitcoin, Bitcoin (BTC), bitcoin money BCH, Canada, Canadian Government, Censorship Resistant, centralized fundraiser, crowdfunding, Crypto, crypto options, Cryptocurrencies, Flipstarter, Freedom Convoy 2022, Freedom Convoy 2022 fundraiser, fundraiser, GoFundMe, Gofundme Platform, Justin Trudeau, lightning community, Marty Bent, Ottawa Police, small fringe minority, Truckers, Trudeau, US-Canada Border, vaccine mandates

What do you consider Gofundme shutting down the Freedom Convoy’s fundraise? What do you consider individuals elevating cryptocurrencies to donate to the effort? Let us know what you consider this topic in the feedback part beneath.

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Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a monetary tech journalist residing in Florida. Redman has been an lively member of the cryptocurrency neighborhood since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 5,000 articles for Bitcoin.com News about the disruptive protocols rising right now.

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