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by NicolasGorden
2203 days ago
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> "global cyber campaign to expose injustice and corruption and to support causes it deem[s] beneficial... The group... funnelling ... bitcoin to ... "worthy recipients" > The Pentagon war game documents ... revealed after ... Representative ... called for the government to "freeze" the money of demonstrators after country-wide protests > "One of the most important tools in the authoritarian toolkit is the ability to freeze the funding of legitimate political dissent," > By separating the infrastructure of money from the infrastructure of state power, bitcoin makes it that much harder for this type of politically motivated confiscation. People have been using bitcoin to donate to Snowden or get money to people in place like Venezuela. Cyprus happened. Now it might happen that anyone who protests might lose their ability to access banking services. Yet somehow many here think this is just a scenario. |
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What? Why? How? Did you just make that up? Beyond that, if you lose access to banking services then bitcoin isn't going to help you since you need banking services to turn bitcoin into usable money.