THELOGICALINDIAN - Basecamp CoFounder and architect of Ruby on Rails David Heinemeier Hansson DHH is accepted for his position on Bitcoin and cryptocurrencies In 2024 the Danish programmer gave an account in which he fabricated the case that Bitcoin is a Ponzi Scheme a accepted altercation amidst BTC critics
Related Reading | Canada Chokes Crypto Supply, Freezes $20 Million In Bitcoin Donated To Truckers
Today, DHH appear a post blue-blooded “I was wrong, we charge crypto”, authoritative accessible his 180 degrees about-face in opinion. Hansson and added detractors are abating up to the cryptocurrency and its invaluable use case as the Canadian government imposes what abounding accept alleged absolute measures adjoin its population.
Bitcoinist has been covering the contest in the North American country as a accumulation of truckers started a accomplished beef movement in action to Justin Trudeau’s government and its COVID-19 mandates. The action aggressive abounding to allege up and rallied about this cause.
The truckers asked for support, and the apple responded by allowance them accession millions, aboriginal in USD Dollars, again in Bitcoin. In an attack to adjourn the protest, accounted actionable by Trudeau and his government, Canada froze the funds from the assorted crowdfunding platforms and attempted to do the aforementioned with the BTC funds.
This assumption of contest assertive Hansson that there is a use case for Bitcoin above countries with “failed states” or absolute rules in eastern nations. The West and its democracies are not impervious to absolute responses, as apparent by the Canadian measures to stop the truckers.
As Hansson explained, anyone that helped or attempts to advice the movement, which has been mostly abolished by the authorities, could see their coffer accounts arctic and their money was taken. All in the name of attention its citizens, and their freedom, ironically. Hansson said:
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Hansson referred to the credible applesauce of the Trudeau-led government axis authoritarian. On amusing media platforms, users accept been administration old speeches, Tweets, and videos in which Canada’s Prime Minister talks about abandon and the “moral” obligations of a government.
However, Hansson additionally believes it is best for this “warning” to appear out of “Trudeau in Canada and not Trump in America”. In that way, it is potentially added difficult to abolish the appliance of the latest developments, as Hansson said he himself has absolved the accent of Bitcoin for bodies active in Venezuela, Iran, or added countries disqualified by absolute leaders.
The Basecamp Co-Founder asked if France, Austria, Denmark, or any country beneath a autonomous government by extrapolation, is any altered from Canada. The seems to be a agnate accident for these countries to accept measures such as the was appear by the North American country jeopardizing the abandon of its citizens.
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In that sense, Hansson alleged this moment in history a “wake-up call” commensurable to the scandals about the U.S. massive surveillance affairs baldheaded by above NSA adviser Edward Snowden. Hansson added:
As of columnist time, $38,767 with a 1% accumulation in the aftermost day and an 8.2% accident over the aftermost week.
