Bitcoin Bearings on Nostr: #Canada is proposing new restrictions on how people can use their money. Bill S-8 ...

#Canada is proposing new restrictions on how people can use their money.

Bill S-8 would limit certain cash transactions of $10,000 or more and introduce tighter rules for #crypto ATMs.

The government says it's about fighting fraud and money laundering. Fair enough, those are real problems.

But people having control over their own money matters too.

There's a difference between stopping criminal activity and unnecessarily restricting legitimate transactions.

Financial freedom means having a meaningful choice in how you hold, spend, and transfer your money.

How much control should the government have over those decisions?

Is this another problem, reaction, solution recipe for the government to just control your money?

🧭 Let's find your bearings.

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