Canadian citizens have begun withdrawing all funds from their bank accounts in a bid to protect their financial sovereignty. When the government said it could freeze bank accounts without a court order, it seemed like a natural reaction.
Many Canadians are exchanging fiat currency for bitcoin BTC -0.21%, which they believe will protect them from the government freezing their accounts, according to social media accounts. As previously reported, Canada is currently experiencing a series of protests caused by the mandatory COVID-19 vaccine program, and citizens are also making social and economic demands.
The climax of the protests came a few days ago. Trudeau and other officials have announced that they may freeze the bank accounts of people who obstruct the streets.
