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HomeLaw & PoliticsTruckers shift to Bitcoin-based crowdsourcing platform Tallycoin

Truckers shift to Bitcoin-based crowdsourcing platform Tallycoin

After GoFundMe banned the "Freedom Convoy Campaign" after protesters turned violent. Organisers switched to Tally Coin, a Bitcoin fundraising platform.

Following a bombardment of political pressure from all sides that forced GoFundMe to axe their “Freedom Convoy Campaign.” Truckers opposing the COVID-19 vaccination mandate in Canada have moved to Bitcoin-based crowdsourcing platform Tallycoin. 

On Friday, GoFundMe took down the campaign and $9 million in donations, citing claims of violence as a violation of its rules of service. Following a barrage of criticism, the platform reversed course on Saturday, agreeing to repay donations automatically instead.

A number of the protesters switched their efforts to Tally Coin, a crowdsourcing site based on the Bitcoin (BTC) blockchain, shortly after GoFundMe cancelled the campaign.

The new fundraising website noted, “Legacy financial infrastructure may sometimes be politicised and clamped down on, but Bitcoin is a fully censorship resistant manner of transmitting value.”

USD 321,111 had been given to the Tallycoin campaign, which is a small part of the USD 9 million raised on GoFundMe. However, it’s still unclear if the amount generated on Tally Coin will also face the same political pressure when converted to fiat currency.

 

Vaishali Goel
Vaishali Goel
Technology enthusiast, explorer and academic scholar. Currently exploring the crypto world. Join me in my journey to see how crypto, NFT and Metaverse will change the world.
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