The importance of crypto crowdfunding

This week the world has been watching the thousands of truckers in Canada protesting the vaccine mandates at the Freedom Convoy in Ottawa. The Freedom Convoy has received worldwide support and millions of dollars were raised using Gofundme to help fund the protest. However, the crowdfunding platform decided to halt the fundraise and reimburse the donors who sent money. The decision has caused a massive uproar as Gofundme’s decision has exposed the vulnerabilities of centralized crowdfunding applications.

A Freedom Convoy fundraiser was initiated via Flipstarter by a BCH supporter after Gofundme shut down the donations page.

The Flipstarter’s description says: “The Canadian Freedom Convoy is a peaceful protest of truckers and citizens speaking out against vaccine mandates and the government’s heavy-handed approach to curbing the spread of Covid. Many feel these measures have unreasonably infringed upon Canadians’ rights as guaranteed in the Canadian Charter of Rights & Freedom.” The Flipstarter is attempting to raise 100 bitcoin cash (BCH) for the Freedom Convoy.

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