A leader of the Human Rights Foundation has declared to a room full of American politicians that Bitcoin continues to prove itself as a powerful tool against authoritarian control, offering an alternative to Fiat mounting ways can be manipulated and controlled.
“With Bitcoin, the ability of these leaders to do these things is completely decimated,” said the Director of the Strategy for the Human Rights Foundation Strategy Alex Gladstein on Thursday at the Bitcoin Political Summit in Washington, DC.
“Bitcoin is bad for dictators,” he added.
Gladstein reiterates governments cannot “hyperinflater” bitcoin holders
Gladstein – who described the public as a “hall full of American leaders” – explained that governments find much more difficult to follow individuals when Bitcoin (BTC) is used correctly. “If they use Bitcoin in the right way, without binding their identifier,” he added.
Gladstein has reiterated that people who keep control of their own portfolios are protected from the many ways that dictators try to control people.
“If you have self-building, governments cannot delete or freeze your things, and they certainly cannot hyperinflater,” he said. Bitcoin is a coverage against inflation, especially during hyperinflation, when prices increase quickly due to unstable savings.
Gladstein said:
“So many people in these countries and many other countries have mainly been saved or saved because of this technology.”
He said that the Human Rights Foundation had recognized Bitcoin potential for the first time in 2013, during the pro-democracy demonstrations of Ukraine against the president of the time, Viktor Yanukovych.
HRF experienced Bitcoin when it was $ 100
He said that many demonstrators had frozen their bank accounts, and they “wanted to do democracy work, which ended up becoming Maidan Square”.
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“It was very early in Bitcoin’s life cycle; Bitcoin was worth a hundred dollars at the time; we were very skeptical about what it works,” he said, adding that they were open to the idea, and that ended up working.
“This obtained the value where traditional money could not go,” he said. Gladstein has been used for non -profit organization since 2007.
The Foundation focuses on the promotion and protection of human rights on a global scale – in particular in countries where its living people “under the authoritarian regime”.
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