• Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining
Thursday, September 11, 2025
  • Login
  • Register
Coin24h.com
  • Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining
No Result
View All Result
  • Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining
No Result
View All Result
Coin24h.com
No Result
View All Result
Ledger Nano X - The secure hardware wallet
ADVERTISEMENT

Bitcoin For Truckers, The Campaign That Could Render GoFundme Irrelevant

5 February 2022
in Bitcoin
Reading Time: 4 mins read
A A
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
cryptotrader
ADVERTISEMENT
Cryptohopper
ADVERTISEMENT


Go Fund Yourself using Bitcoin, this slogan has been at the core of a recently launched campaign on Tallycoin. A crowdfunding platform powered by BTC and the second layer payment solution lightning network, which offers its users 0% fees, its own website Plug-in, and a companion node software.

Related Reading | Why Canada’s Crypto Industry is Threatened by Tax Rules

The platform takes nothing from the donors. It only gives the users an opportunity to leverage Bitcoin’s censorship and seizable resistance and receive aid from people around the world. Every BTC raised goes to the campaign and its control by it.

The organizers of the Freedom Convoy 2022, a campaign to support Canadian-based truckers protesting their government’s COVID-19 and vaccination mandates, learned this lesson the hard way. Over 50,000 truckers rallied to drive into Ottawa while launching a GoFundMe campaign to support their cause.

Quickly, the campaign managed to raise around 10 million Canadian dollars, around $9 million. As often happens when a group of people stand up and start to make demands to their government, they faced opposition.

Later, GoFundMe announced that the platform was going to freeze the campaign’s funds. Initially, these were going to be redistributed to other donations which triggered a lot of criticism across social media platforms.

Per a Tweet from the Ottawa Police Department, the fundraising platform “listened to concerns” from local authorities. They argued that the protests are “unlawful” and called on all crowdfunding sites to adopt a similar stand. Bitcoin doesn’t care about policies, as future events demonstrated.

The organizers took to Tallycoin and launched “Bitcoin for Truckers” to support their “Freedom Convoy” with the following message, they ask to help raised hard money for hard workers:

The Canadian Bitcoin community would like to have a second financial access point for #FreedomConvoy2022. Legacy financial infrastructure can sometimes be politicized and clamped down upon, whereas Bitcoin is a truly censorship resistant method of communicating value. Don’t allow your voices to be silenced, and don’t allow your financial sovereignty to be trampled upon.

Bitcoin Fixes This, Lightning Network Sees Explosion In Transactions

An account called Honk Honk Hold has been updating on its progress, the campaign has collected over 2 Bitcoin in less than three days with a 5 BTC goal. More than 2,000 contributors have been constantly sending out donations with messages, such as “Sorry not sorry Minister Trudeau” or “FREEDOM!”.

An important percentage of the donations were settled using the Bitcoin Lightning Network. This has been translated into an explosion of transactions on this second layer solution, according to the campaign’s handle.

Lightning node transactions going parabolic. pic.twitter.com/KNjIK5uwBz

— HonkHonk Hodl (@HonkHonkHodl) February 5, 2022

Interest in the campaign has been increasing over time, as seen below. It took the campaign almost 4 days to raise 1 BTC but collect their second BTC in less than 24 hours. Certainly, seems like Bitcoiners are showing support to this cause.

Donations over Time for the BTC campaign supporting Canadian truckers. Source: Tallycoin

The ripple effect caused by the decision made by GoFundMe and the Freedom Convoy has been unexpected. A recent report from Reuters claims the Governor of U.S. state Florida, Republican Ron DeSantis, will “work with the Florida Attorney General Ashley Moody to investigate the decision of “commandeer” the donations.

Related Reading | Crypto.com Visa Card, the Most Widely-Available Card of its Kind in the World, is Shipping to Canada

The government official referred to the actions as “fraudulent”. Although the platform has “simplified” the process, the harm is already done. Bitcoin advocate Marty Bent wrote the following on his blog, Issue #1157:

This move by GoFundMe and the Canadian government is an incredible endorsement of Bitcoin and its reason for being. The fact that GoFundMe has the power to unilaterally freeze $9M of funds that were crowdsourced for a legitimate cause shows that centralized third parties are a gaping security hole that Bitcoin fills. If a government decides they don’t like a particular movement they can use their influence to pressure corporations to prevent that movement from doing particular things.

As of press time, BTC trades at $41,574 with moderate gains on the daily chart.

Bitcoin BTC BTCUSD
BTC with moderate gains on the daily chart. Source: BTCUSD Tradingview





Source link

Related articles

Kyrgyzstan Pushes Bitcoin Reserve With State Mining Plan

Kyrgyzstan Pushes Bitcoin Reserve With State Mining Plan

10 September 2025
Is The Bitcoin Bull Market Over? Pundit Warns Investors Of 30-Day Window To Take Profit

Is The Bitcoin Bull Market Over? Pundit Warns Investors Of 30-Day Window To Take Profit

10 September 2025
[crypto-donation-box]
Tags: BitcoincampaignGoFundmeIrrelevantRenderTruckers
Share76Tweet47
Ledger Nano X - The secure hardware wallet
Previous Post

Why Dogecoin, Shiba Inu, and The Sandbox Are Gaining Today

Next Post

Why Bitcoin, Ethereum, Polkadot, and Solana Jumped This Weekend

Related Posts

Kyrgyzstan Pushes Bitcoin Reserve With State Mining Plan

Kyrgyzstan Pushes Bitcoin Reserve With State Mining Plan

10 September 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Kyrgyzstan has taken a concrete step toward...

Is The Bitcoin Bull Market Over? Pundit Warns Investors Of 30-Day Window To Take Profit

Is The Bitcoin Bull Market Over? Pundit Warns Investors Of 30-Day Window To Take Profit

10 September 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bitcoin price hit a new all-time...

Metaplanet Now Holds 20,136 BTC After M Buy

Metaplanet Now Holds 20,136 BTC After $15M Buy

9 September 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Metaplanet Inc. moved again into the Bitcoin...

El Salvador’s Bitcoin Journey Hits 4-Year Mark, Results Still Divisive

El Salvador’s Bitcoin Journey Hits 4-Year Mark, Results Still Divisive

8 September 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure El Salvador marked the fourth anniversary of...

Over 1 Million in Bitcoin Locked in Treasuries as Institutions Pour In  Billion

Over 1 Million in Bitcoin Locked in Treasuries as Institutions Pour In $1 Billion

7 September 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Corporate Bitcoin treasuries have now topped 1...

Load More
Next Post

Why Bitcoin, Ethereum, Polkadot, and Solana Jumped This Weekend

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Galaxy's Novogratz calls it the 'season of SOL', says Solana is tailor made for financial markets – The Block

Galaxy's Novogratz calls it the 'season of SOL', says Solana is tailor made for financial markets – The Block

11 September 2025
Can CPI Rates Drive Market Sentiment-Bitcoin and Altcoins Poised for a Massive Price Action

Can CPI Rates Drive Market Sentiment-Bitcoin and Altcoins Poised for a Massive Price Action

11 September 2025
78,229 Ethereum Leaves Kraken As 4 New Wallets Move ETH: Institutional Accumulation?

78,229 Ethereum Leaves Kraken As 4 New Wallets Move ETH: Institutional Accumulation?

11 September 2025
ETH Mining, ADA Mining, And BNB Mining- Cloud Mining Opportunities At Hashj – BlockchainReporter

ETH Mining, ADA Mining, And BNB Mining- Cloud Mining Opportunities At Hashj – BlockchainReporter

11 September 2025

About Us

We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency. Simple logic and real-world examples are preferred before technical jargon and personal rants.

Categories

  • Altcoin
  • ApeCoin
  • Bitcoin
  • Blockchain
  • BNB
  • Cardano
  • Cryptocurrency
  • DOGE
  • DOT
  • Ethereum
  • HBAR
  • Litecoin
  • Market
  • Meta News
  • Mining
  • NFT
  • QNT
  • Regulation
  • SHIBA
  • Solano
  • Tether
  • Uncategorized
  • XDC
  • XLM
  • XRP

What’s New Here!

  • Galaxy's Novogratz calls it the 'season of SOL', says Solana is tailor made for financial markets – The Block
  • Can CPI Rates Drive Market Sentiment-Bitcoin and Altcoins Poised for a Massive Price Action
  • 78,229 Ethereum Leaves Kraken As 4 New Wallets Move ETH: Institutional Accumulation?
  • ETH Mining, ADA Mining, And BNB Mining- Cloud Mining Opportunities At Hashj – BlockchainReporter
  • Why New Crypto Investors Are Betting Big On Remittix Over Solana In September

Subscribe Now

Our Partner

Round Main Logo
  • About Us
  • Privacy Policy
  • Contact Us

© 2022-2025 coin24h.com

No Result
View All Result
  • Home
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • XRP
    • Litecoin
    • Altcoin
    • Cardano
    • Tether
    • DOGE
    • Solano
    • XLM
    • DOT
    • XDC
    • SHIBA
    • BNB
    • Ape
    • HBAR
    • QNT
  • Blockchain
  • Regulation
  • Market
  • Live
    • Prices
    • ICO
  • Meta
    • NFT
  • Technical Analysis
    • XRP
    • BTC
    • XLM
    • ADA
    • TETHER
    • ETC
    • ETH
    • DOGE
    • LTC
  • Exchange
  • Mining

© 2020 coin24h.com

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin (BTC) $ 114,467.00
  • ethereumEthereum (ETH) $ 4,424.62
  • xrpXRP (XRP) $ 3.03
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 896.85
  • solanaSolana (SOL) $ 226.59
  • usd-coinUSDC (USDC) $ 0.999818
  • staked-etherLido Staked Ether (STETH) $ 4,417.78
  • dogecoinDogecoin (DOGE) $ 0.252325
  • tronTRON (TRX) $ 0.345590
  • cardanoCardano (ADA) $ 0.882035
  • wrapped-stethWrapped stETH (WSTETH) $ 5,360.01
  • chainlinkChainlink (LINK) $ 23.95
  • hyperliquidHyperliquid (HYPE) $ 55.69
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,769.48
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 114,375.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • suiSui (SUI) $ 3.62
  • stellarStellar (XLM) $ 0.390206
  • figure-helocFigure Heloc (FIGR_HELOC) $ 0.998323
  • avalanche-2Avalanche (AVAX) $ 29.01
  • wrapped-eethWrapped eETH (WEETH) $ 4,755.88
  • bitcoin-cashBitcoin Cash (BCH) $ 589.44
  • wethWETH (WETH) $ 4,425.07
  • hedera-hashgraphHedera (HBAR) $ 0.235928
  • leo-tokenLEO Token (LEO) $ 9.57
  • litecoinLitecoin (LTC) $ 115.05
  • crypto-com-chainCronos (CRO) $ 0.259575
  • the-open-networkToncoin (TON) $ 3.19
  • usdsUSDS (USDS) $ 0.999841
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 114,433.00
  • polkadotPolkadot (DOT) $ 4.22
  • whitebitWhiteBIT Coin (WBT) $ 43.50
  • uniswapUniswap (UNI) $ 9.82
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.20
  • ethenaEthena (ENA) $ 0.764932
  • mantleMantle (MNT) $ 1.63
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.192505
  • moneroMonero (XMR) $ 268.70
  • aaveAave (AAVE) $ 306.25
  • bitget-tokenBitget Token (BGB) $ 4.89
  • daiDai (DAI) $ 0.999289
  • pepePepe (PEPE) $ 0.000011
  • okbOKB (OKB) $ 194.17
  • bittensorBittensor (TAO) $ 358.77
  • nearNEAR Protocol (NEAR) $ 2.72
  • ondo-financeOndo (ONDO) $ 1.06
  • jito-staked-solJito Staked SOL (JITOSOL) $ 278.22