Quote from: Gozie51 on February 17, 2022, 12:22:27 PM

Quote from: NellyBrownne on February 17, 2022, 07:04:09 AM

Canadians are now scared and no longer have a good trust in the banking system, this will lead to a whole lot down that ends pulling out their Fiat and buying Bitcoin.
This will be the first step to full bitcoin adoption in Canada!

It all depending on the bitcoin law in Canada. If the government has not encouraged the hodling of bitcoin it won't give them such choice. But the problem don't need to escalate because it is only about the few sector of the economy that is affected and should be resolved with the government and the truck drivers. Anyway the incident has brought Canada in the news lately.

The OP have celebrated early and he doesn't think of what can happen next. Bitcoin can be legal now in Canada but if the government noticed that all people have switched to btc and they do not use fiats anymore, the Canadian government might get offended and they can release a new law to ban btc and punish people that are caught of using a btc.

This issue is not totally a big issue but the issue is only between the truck drivers and the government, that is why the banks hold their funds but other people should not worry because their funds wont get frozen. Not all people are going to hate the banks, governments or the fiats after they saw this. Let us not think in advanced.