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Fri, Mar 25


How Crypto became the target of the Canada emergency act

Crypto is quickly transitioning from the outer edges of the unknown of the finance world to becoming a mainstream staple in society. We will take an in-depth look at the world of Crypto Wallets and look at ways of protecting you finacial assets in this in-person and online event.

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How Crypto became the target of the Canada emergency act
How Crypto became the target of the Canada emergency act

Time & Location

Mar 25, 2022, 12:00 p.m. – 2:30 p.m.


About the event

The world is rapidly changing and evolving and Crypto is quickly transitioning from the outer edges of the finance world to becoming a mainstream staple in society. Crypto represents cash without borders and can easily be used to move large amounts of money from one destination to another without government regulations. Recently this crypto freedom changed when the Canadian government began forcing protestors to stop protesting by confiscating their bank accounts and shutting down their fundraising efforts. They even stepped into the crypto space and reached out to different institutions to try to shut down their access to these funds. This signaled to many within Canada and to the outside world that the government was trying to illegally stop into spaces they have no jurisdiction in. As these battles are fought out in courtrooms across Canada, the US, and the world, we will explore these topics with Michael Jacobsen, and Perry Kundert as they discuss how crypto and wallets are able to keep you safe from online piracy and other lurking threats like governments by discussing the following topics;

  • protect your crypto from government overreach and hackers.
  • The best wallets on the market
  • Why your business should start adopting Cryptos and other Defi options
  • what cryptos will be a safe investment and why
  • Why independent counties are moving away from the fiat banking system and towards cryptos and why you should too
  • How to spot the fakes, frauds, and find the real treasures 
  • We will walk you through creating your own wallet, and how to protect your online assets. 
  • How you can successfully launch your own Web 3 platform

Who should attend this event;

  • Business Owners interested in protecting their online assets from the governments and building a crypto strategy
  • Individuals who are scared of being hacked and losing their cryptos through no fault of their own
  • Political and Non- Profit groups who could be targeted by the government and this situation can be taken advantage of
  • From expert to beginners will be able to take away information and apply it to their lives

More information on the event. 

share more about what is happening in Canada with finances and digital assets. As many know, the Emergencies Act passed the House of Commons with 185 MPs voting against civil liberties and Canadian's rights to have their own privacy to their financial assets. The Liberals, NDP, and the Greens all voted to move Canada towards enriching the powers of Justin Trudeau and his Klaus Schwab World Economic Forum trustee Chrystia Freeland. In other words, a majority of our government wants to see foreign entities have sovereign authority over Canada. According to Schwab, the COVID crisis provided a unique opportunity for humanity to reset itself, where people would 'own nothing and be happy,' a WEF plan known as 'The Great Reset.'

In response to this government oversight, Nunchuk has to say the following;

Bitcoin wallet is pushing back against an order from the Ontario Superior Court demanding the platform freeze and disclose information on digital assets sent to anti-vaccine mandate protesters.

In a letter made public on Twitter, the company stated that it was a self-custodial bitcoin wallet and software provider, not a custodial financial intermediary.

“We do not collect any user identification information beyond email addresses. We also do not hold any keys,” the letter read. “Therefore: We cannot ‘freeze’ our users’ assets; We cannot ‘prevent’ them from being moved; We do not have knowledge of ‘the existence, nature, value and location’ of our users’ assets. This is by design.”

“Please look up how self custody and private keys work,” the letter continued. “When the Canadian dollar becomes worthless, we will be here to serve you, too.”

The Mareva Injunction, signed by Justice Judge Calum MacLeod, was also sent to eight other digital asset platforms, including Canada-based Bitbuy and various fundraising platforms, financial institutions, and digital asset custodians.

At this in-person and online event, the main question, will be, what can we do about this invasion of our privacy, and how our own personal assets can be kept safe from overreaching governments in the future? 

Michael will discuss the financial aspect of this and discuss some of the following;

Keywords/phrases: Privacy and transparency. Financial privacy has been the norm. Law enforcement has never had full access or visibility into our finances. Most law enforcement still uses traditional mechanisms. We don't have to give away privacy to be safe. Privacy is not the antithesis of security; privacy is security. Security is not the absence of crime, it is the presence of justice. The price of full financial surveillance is an illusion of security and billions in poverty. We should resist totalitarianism. 

Perry will be discussing his project; and sharing more from a technical side point. 

Creating Ethereum, Bitcoin and other accounts is complex and fraught with potential for loss of funds.

A BIP-39 seed recovery phrase helps, but a single lapse in security dooms the account (and all derived accounts, in fact). If someone finds your recovery phrase (or you lose it), the accounts derived from that seed are gone.

This standard allows you to split the seed between 1, 2, or more groups of several mnemonic recovery phrases. This is better, but creating such accounts is difficult; presently, only the Trezor supports these, and they can only be created "manually". Writing down 5 or more sets of 20 words is difficult, error-prone, and time-consuming.


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