RE: Bitcoin at $44K Showing Resilience
As world leaders try to tighten their grip on people around the world, Bitcoin rises. Should we expect a move upwards with everything going on across the globe?
Bitcoin hits $44K after Canada emergency powers accompany 6% BTC price increase
“As part of the ongoing events in Canada’s Freedom Convoy protests, the government announced that it would expand Anti-Money Laundering surveillance to cover crypto transactions.
‘These changes cover all forms of transactions including digital assets and cryptocurrencies,’ Canadian Deputy Prime Minister Chrystia Freeland said at a press conference.
The protests had long been a topic of heated debate in Bitcoin and crypto circles in light of the highly controversial actions by crowdfunding platform GoFundMe and the subsequent hack of GiveSendGo, the alternative used to send donations to protest participants.
As with last month’s mooted ban on crypto use by Russia, the effect on Bitcoin was ultimately anything but negative.”
El Salvador’s Bukele tweeted gold yesterday in response –
https://twitter.com/nayibbukele/status/1493377382245441537
It’s sad that we are actually witnessing Bitcoin doing just what it was created for and doing it well but thank God for it.
