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Sunday, 29 June 2025
Cryptocurrency Earnings

Why Bitcoin Is ‘Bad For Dictators’: HRF Executive

Why Bitcoin Is ‘Bad For Dictators’: HRF Executive

An executive of a Human Rights Foundation told a room filled with American politicians that Bitcoin continues to prove itself as a powerful tool against powerful control, manipulation and controlled in the Fiat posture by offering options for growing methods.

“With bitcoin, these leaders’ ability to do these things is completely eliminated,” Alex Gladstein, Chief Strategy Officer of Human Rights Foundation Said On Thursday at the bitcoin policy summit in Washington, DC.

“Bitcoin is bad for dictators,” he said.

Gladstein repeat governments cannot do “hyperinflate” bitcoin holders

Gladstein – who described the audience as a “hall full of American leaders” – explained That governments find it Very difficult to track individuals when bitcoin (BTC) It is used correctly. “If they use bitcoin properly, without adding their ID,” he said.

HRF Chief Strategy Officer Alex Gladstein spoke at the bitcoin policy summit this week. Source: Alex Gladstein

Gladstein reiterated that those who control their own wallets are preserved in many ways that dictator try to control people.

“If you are doing your bitcoin self-custod, governments cannot remove or freeze your belongings, and they cannot certainly hyperneph you,” he said. Bitcoin is a defense against inflation, especially during hyperflation, when prices increase quickly due to unstable economies.

Gladstein declared:

“So many people from these countries and many other countries essentially survived or saved due to this technology.”

He said that Human Rights Foundation first recognized Bitcoin capacity In 2013, Ukraine’s supporters protest against the then President Victor Yanukovich during democracy.

It was $ 100 when HRF experimented with bitcoin

He said that many protesters had their bank accounts, and they “wanted to work for democracy, which later became a field square.”

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He said, “It was very early in the life cycle of bitcoin; Bitcoin was like a hundred rupees at the time;

“It got the value for them where the traditional money could not go,” he said. Gladstein has served Non -profit organization since 2007.

The Foundation focuses on promoting and protecting human rights globally – especially in countries where its people live under “ruling rule”.

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