Decentralization's Killer App: When Canada Acts Like China

Description

A screenshot of a tweet from user 'Pomp' (@APompliano), featuring a profile picture of a man with glowing eyes. The tweet, set against a dark background, uses a bait-and-switch rhetorical device. It begins, 'Wow. China is freezing dissidents bank accounts and threatening citizens who express their freedom of speech...oh wait, sorry. It's Canada. Not China. CANADA' followed by a Canadian flag emoji. This post directly references the Canadian government's use of the Emergencies Act in February 2022 to freeze the bank accounts of individuals involved in the 'Freedom Convoy' protests. For the tech and crypto communities, this event was a pivotal real-world example of the risks of centralized financial systems. It powerfully underscored the core value proposition of decentralized cryptocurrencies like Bitcoin, which are designed to be censorship-resistant and immune to such seizures by state actors, turning a political event into a potent marketing moment for Web3 and the concept of financial sovereignty

Comments

Anonymous ★ Top Pick The Canadian government provided the most compelling real-world demo for Bitcoin's utility without writing a single line of code

Anonymous ★ Top Pick

The Canadian government provided the most compelling real-world demo for Bitcoin's utility without writing a single line of code
Anonymous

Canada’s banking API apparently ships with an undocumented endpoint: POST /accounts/:id/freeze - root-only, no rollback. Suddenly “deploy to a permissionless replica set” sounds like plain old high availability
Anonymous

When your distributed ledger advocates suddenly realize that traditional banking's 'single point of failure' isn't just a technical architecture problem - it's also a political one. Turns out the real consensus mechanism was government compliance all along
Anonymous

Turns out the banking system supports a freeze() call with admin privileges - the whitepaper Pomp keeps citing calls that a feature request, not a bug
Anonymous

When your government implements financial access control with better uptime than your production database, but without the rollback strategy or incident postmortem. At least with distributed ledgers, you can't just `sudo freeze --user=dissidents`, though I'm sure someone's writing that Kubernetes operator as we speak
Anonymous

Centralized banking's CAP theorem: perfect Consistency for governments, zero Availability for dissidents
Anonymous

If your money lives in someone else’s database, your “freedom to transact” is just RBAC - one UPDATE away from frozen
Anonymous

Centralized finance is just a prod Postgres with a big freeze_balance() stored procedure - turns out the root role belongs to the state
@qtsmolcat 4y

Dorothy, I don't think we're in dev_meme anymore
@Frenzoid 4y

I don't see any dev, or meme, or dev related meme Dorothy...
@beton_kruglosu_totchno 4y

i kinda disapprove posting this to channel just post it to the chat instead :)
@arpanetus 4y

nice post, awesome balls
@BlakeWah 4y

As per usual, people don’t know the full story and just post random shit about how the convoy is the good people and not destroying the lives of thousands of people living in downtown Ottawa
1. @beton_kruglosu_totchno 4y
  
  I guess the implication of your post is that governments are the good people and are not humiliating lives of millions of people.
  
  @BlakeWah 4y
  
  Not entirely and not always. Just that a lot of people don’t know what is going on in Ottawa right now. People are honking their horns at all hours of the day and blocking all businesses along their rout from being able to operate properly. Also it contains a lot of racists that would be more then happy to see this happen to non-white people.
  
  @BlakeWah 4y
  
  Also, to top it off, they are literally asking for a Coup. Their demands are that Trudeau step down so that they can put their own person in charge
  
  @beton_kruglosu_totchno 4y
  
  are "they" a single monolithic creature?
  
  @BlakeWah 4y
  
  And neither is the government of Canada for that matter
  
  @beton_kruglosu_totchno 4y
  
  Government agencies are kinda monolithic because their employees' actions obey the hierarchy and those who do not obey the hierarchy are fired.
  
  @BlakeWah 4y
  
  Honestly, at this point it is probably pointless to try and sway you as it seems you know basically nothing about what is actually happening.
2. @kandiesky 4y
  
  Sir you're speaking of the draconian restrictions imposed by the gov in the name of "protecting from COVID" And as such, you're retarded
  
  @BlakeWah 4y
  
  Sir you’re in favour of the mass slaughter of innocent people by a disease. And as such, you are evil
  
  @kandiesky 4y
  
  I am. Let them weak die to a disease who kills less than car accidents, right xd
  
  @BlakeWah 4y
  
  And thus the whole point of a society is lost on you
@shkidnyk 4y

Wtf? Politics? Fk off!
@BlakeWah 4y

By they, I mean the organizers of the convoy, and thus it’s supporters
@Rumbatutumba 4y

Why would a non-political channel criticize a random western government? Because it’s run by russians.
1. @LionElJonson 4y
  
  Lmao
@kimbasan 4y

Is this russia today?
1. @Isaonn 4y
  
  seems so
@Agent1378 4y

Democracy is exploitable by design, so this is just a self-protection mechanism to defend against malicious overuse.
@anyo822 4y

what is this story about?
dev_meme 4y

Can you prove it?
1. @Vanilla_Danette 4y
  
  I feel like you are a math teacher
  
  dev_meme 4y
  
  wot
  
  @el_khatto 4y
  
  Math teachers often ask to prove your answers
  
  @Vanilla_Danette 4y
  
  Yup
2. @el_khatto 4y
  
  Hi I'm Russian and I hate our govt
  
  @sylfn 4y
  
  I'm Russian and I don't care about my country's gov
  
  @el_khatto 4y
  
  Cool, I do care because I don't want to live in a shit hole
@feskow 4y

@vkmusic_bot 👈 more music
@dsmagikswsa 4y

China is quite high. Wonder how they do the research when the people don’t have access to the internet unless they use some private vpn.
@sashakity 4y

theres no way this person is actually real
1. @RiedleroD 4y
  
  actually… idiots exist
2. @neizvestnyi 4y
  
  which one, the one who kneel before blm and then want govt to destroy convoy protestors?
  
  @sashakity 4y
  
  what is "convoy protestor" supposed to mean
  
  @neizvestnyi 4y
  
  just the guys who got their assets freezed by Canadian govt as described in OP pic for protesting against what they consider a government overreaching it's power
@sashakity 4y

ok glowie
@sashakity 4y

is that you
@RiedleroD 4y

chill, dude. If you keep insulting people, I'll have to warn you.
@RiedleroD 4y

many people are, some are ukrainian, and a few german-speaking fellas as well. What does it matter though?
@RiedleroD 4y

most people here are sane. Some are a bit weird, but all deserve respect.
@sashakity 4y

your pronouns are about to be was/were
1. @RiedleroD 4y
  
  A+ comeback btw
@RiedleroD 4y

ok, stop insulting people or I'll consider it as spam, which will result in a warning for you. And a ban if you keep doing it
@dugeru42 4y

cos it's sane thing to do? cos he wants to?
@sashakity 4y

why don't you
@RiedleroD 4y

because I protect everyone in here from harassment. That includes nonbinary people, furries, right-wingers, conspiracy theorists, everyone. I don't have to agree with everyone, but respect is essential to discussion.
1. @affirvega 4y
  
  umlaut
  
  @RiedleroD 4y
  
  …was a very interesting case
@affirvega 4y

lol 4channer
@dugeru42 4y

lol not furry
@sashakity 4y

this dude said "kek" in 2022
1. @affirvega 4y
  
  some russians still say it
  
  @RiedleroD 4y
  
  ĸeĸ
2. dev_meme 4y
  
  ROFLCOPTER goes swoosh swoosh swoosh
@RiedleroD 4y

> radical > blurts everything out without filter > pfp no front, but it's kind of obvious
1. @sashakity 4y
  
  he hasnt said desu yet
  
  @RiedleroD 4y
  
  I don't even know what that means - isn't that some kinda weeb japanese thing?
  
  @sashakity 4y
  
  it means "it is true" or something idk
  
  @dugeru42 4y
  
  no
@dugeru42 4y

hm, i wanted those but ended up ordering pink and white ones anybody have link tho? i would be grateful if you share it
@sashakity 4y

i dont actively use any social media actually
1. @RiedleroD 4y
  
  does mastodon count? I guess it does, no? I use social media then 😢
@RiedleroD 4y

medium bait at best. If you don't know how to interpret something, it's not good bait at all.
@dugeru42 4y

?
@RiedleroD 4y

hitler salute? lol
@RiedleroD 4y

I can see the joke, it ain't bad.
@ChrisCleaner 4y

why politics in here? -.-
1. @RiedleroD 4y
  
  politics here, politics there, politics everywhere
dev_meme 4y

Classic chat with developers.Lol
@sylfn 4y

that actually changed two days after [on 23 feb]

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Decentralization's Killer App: When Canada Acts Like China

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