"Bitcoin is a lifeline. It is a money that cannot be shut down. Native money for the internet. But what happens when the internet gets shut off?"
Iran's currency collapses 98%, the government kills thousands and cuts every wire connecting its people to the outside world. Uganda shuts down the internet the day before an election. And somehow, hundreds of thousands of people find a way to communicate anyway. What does it actually look like when Bitcoin's promise meets the brutal reality of authoritarian control — and what happens when the very infrastructure it depends on disappears?
Check out the original article from the Financial Freedom Report: Financial Freedom Report #104 (Link: https://hrf.org/program/financial-freedom/financial-freedom-reports/)
References from the episode
- Andreas Antonopoulos received the Finney Freedom Prize for the 2016–2020 era. Absolutely deserved. Look up the prize and the trophies Cryptografiti made — they're gorgeous.
- Bitchat is the peer-to-peer Bluetooth messaging app that hundreds of thousands of Ugandans downloaded when their internet got shut down. Worth knowing about.
- FEDI went fully open source on January 3rd — Bitcoin payments and encrypted messaging built on the Fedimint protocol.
- Zeus wallet added support for South Africa's retail QR code standard via Money Badger — making Bitcoin spendable at everyday merchants from a self-custodial Lightning wallet.
- Torreable is a new tool for publishing censorship-resistant websites as Tor onion services directly from your own computer.
- Open Sats announced their 15th round of Bitcoin grants, including Braidpool and Dana Wallet.
- Thor Halverson wrote an opinion piece in the Wall Street Journal arguing against just swapping one authoritarian for another in Venezuela.
- Anna Chekovic did an interview with Unchained about how Bitcoin sustained Navalny's anti-corruption foundation after Russia kicked them out of the banking system.
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