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by SilasX 2908 days ago
It has also demonstrated value in being able to bypass the financial choke points that prevented people from (electronically) donating to Wikileaks.
2 comments

Given that Wikileaks now takes credit cards, it doesn't seem like a major use case: https://shop.wikileaks.org/donate
For a while, credit card processors in the US were pressured by the government not to authorize charges, even if Wikileaks would accept them as payment. That make it effectively impossible for Americans to donate that way.

Even if that’s different now (which I’m not sure it is), there will always be the next important cause.

It avoids USD as currency.

The government will keep printing more USD and being opaque...

BTC has 21,000,000 solutions ever ever ever.

(and USD is a decent currency, there are countries with hyperinflation)

This is a great point thanks for making it. imho it could be worded better, but it subtaintially invalidates the arguments like "bitcoin can only be used to waste energy and buy buy drugs"
There's no actual user value involved. "Avoids USD" is almost a religious statement. If one is concerned about volatility, then Bitcoin is a bad choice; it's more volatile than any major currency and most commodities. If one is concerned about the US government's future behavior, there are other major currencies. (And really, a currency is a bad place to park your wealth.) For any legitimate financial aim, there's a better solution than Bitcoin.