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Bitcoin Had Its First Real Use Case With Wikileaks And That Shows Why Bitcoin Is So Important

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by COINS NEWS 95 Views

Bitcoin is a powerfull tool that is designed to be uncensored and resistant to central entities. These features are incredible for those who have something to lose if they speak their mind, Bitcoin can be transacted everywhere and there's no way to censor these transactions or stop someone from paying for something in Bitcoin.

Wikileaks was a major step towards adoption for Bitcoin, it was the first time someone wanted to use Bitcoin as means to get donations uncensored. When journalism is being censored, Bitcoin can be the perfect way to raise funds to continue to do journalism and inform people without having the pressure of some government behind.

This was a breakthrough for journalists and activists to start using Bitcoin, the nature of Bitcoin permits journalists and activists to transfer value from one another without boundaries or without having their funds frozen. While off-ramping to fiat these funds can be hard, nothing stops you from going to a crypto friendly place to convert your BTC and use the funds to fund your objectives. Funds can also be used in BTC off course if they are accepted.

This is one of the best use cases of Bitcoin, Bitcoin doesn't speak, doesn't have political sides, doesn't have an opinion, it's just mathematics working in a decentralized way and this is why Bitcoin still exists. There were attempts to build a cryptocurrency before Bitcoin, they all failed because off their centralized nature, from the moment that decentralization was achieved Bitcoin thrived, that's why it's unstoppable.

Wikileaks understood that at the time and understood that while they were being pressured by governments, nothing could really pressure Bitcoin transactions, they just go through independent off anyone's opinion.

Do you believe that Bitcoin is still being used by journalists and activists in this way? In a world where journalism is influenced politically everywhere in the world, it's good to imagine that Bitcoin is still helping real journalists getting the truth told.

submitted by /u/speedfire21
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