menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Bitcoin Is...
source image

Coindoo

2w

read

361

img
dot

Image Credit: Coindoo

Bitcoin Is a Lifeline Under Authoritarian Regimes, Says Human Rights Advocate

  • Bitcoin is seen as a crucial tool for preserving freedom and limiting government control over individuals' assets.
  • Human Rights Foundation's representative highlighted how Bitcoin's self-custody feature enables users to safeguard their wealth from political interference by avoiding surveillance and censorship.
  • During Ukraine's 2013 pro-democracy protests, Bitcoin, valued at $100, assisted activists by circumventing frozen bank accounts, demonstrating its effectiveness.
  • In authoritarian-led countries, where inflation and financial control are used to suppress dissent, Bitcoin's decentralized nature provides a secure financial escape for citizens, according to the advocate.

Read Full Article

like

21 Likes

For uninterrupted reading, download the app