As an analyst with a background in technology and politics, I’ve been closely following the development of cryptocurrencies like Bitcoin and their impact on global freedom of speech and financial systems. Julian Assange’s release from prison earlier this week is a significant moment for those who have long championed his cause as a symbol of free speech and transparency.
As a passionate supporter of free speech, I rejoiced this week upon hearing the news that Julian Assange, the courageous founder of WikiLeaks, had been freed from a British prison after an arduous five-year imprisonment.
As an analyst looking back at Assange’s lengthy legal struggle against persecution from various national authorities, I can’t help but note the pivotal role crypto played in his global fundraising efforts to secure his freedom. This was evident even before his arrest, as shown in a recently rediscovered video. In this footage, Assange himself extolled the virtues of cryptocurrencies as a potent tool for fostering freedom.
What Julian Assange Thinks of Bitcoin
As a crypto investor, I find Michael Saylor’s September 2014 clip with Julian Assange particularly intriguing. Assange described Bitcoin as the “most intellectually stimulating innovation on the internet” since its creation in 2009.
As an analyst, I would explain it this way: “I’ve come across many individuals who have only heard about Bitcoin but fail to grasp its essence. It is a digital currency that derives its value from complex cryptographic algorithms, making it a decentralized and borderless monetary system. This characteristic makes it extremely challenging for any single authority or power group to manipulate or exploit it for their own gain.”
In the years following this address, nations such as El Salvador and businesses including Strike have adopted Bitcoin as an efficient instrument for transferring and receiving swift, low-cost international remittances.
Additionally, Bitcoin and cryptocurrencies have emerged as effective means for financing international humanitarian initiatives. For instance, they have been utilized in the aid for Ukraine’s military resistance against Russia and Israel’s efforts to assist victims affected by Hamas.
However, this isn’t necessarily one of Bitcoin’s most prominent advantages, as stated by Assange. Instead, he highlighted Bitcoin’s unique feature of being able to “protect itself and its users from the immense power of a superpower.”
Bitcoin Breaking Orwell’s Dictum
He went on to explain that another essential technology beneath Bitcoin’s functionality is the concept of proof of publication at a specific moment in time. Using Bitcoin’s immutable blockchain as an example, he contended that this network has the power to counter Orwell’s famous saying, asserting that “he who holds the reins of the present wields control over the past.”
Bitcoin has served as a go-to solution for circumventing government-imposed sanctions on various occasions throughout the years. An illustrative instance occurred in 2022 during the Canadian trucker protest against nationwide vaccine mandates, when they resorted to Bitcoin after conventional platforms like GoFundMe refused to process donations.
After being imprisoned in the UK, Assange sought an alternative means of fundraising, turning to cryptocurrencies like Ethereum. Through AssangeDAO, he was able to raise over $54 million in Ethereum.
As a researcher, I’ve come to the conclusion that Bitcoin is on the brink of experiencing significant growth, rooted in this fundamental principle: “Any contract executed using Bitcoin can be verified as having taken place at a specific point in time, universally.”
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2024-06-30 02:56