Bitcoin ‘fixes democracy’ and fights corruption: Human Rights Foundation

cointelegraph.com:

Bitcoin fixes broken democracies and fights government corruption by limiting its power to control its people, argues Bitcoin advocate and chief strategy officer of the Human Rights Foundation, Alex Gladstein.

In a Feb. 20 interview, Gladstein argued that the decentralized nature of Bitcoin (BTC) can act as a barrier against corruption and tyranny.

"Where the democracies have broken down, I do think it's very clearly related to fiat currency, and I do think that Bitcoin fixes this in a way," he said.

“#Bitcoin fixes democracy…#Bitcoin is…free speech, property rights & open capital markets…tyrants need…the opposite: they need censorship…confiscation & closed capital markets”@gladstein https://t.co/n7mVr3bDwA

Gladstein is the chief strategy officer of HRF and has served the non-profit organization since 2007.  The foundation is focused on promoting and protecting human rights globally — particularly in countries where its people live "under authoritarian rule."

Gladstein also delivers lectures on Bitcoin and the future of money at Singularity University events, according to his bio. 

During the interview, Gladstein said Bitcoin represents free speech, property rights and open capital markets, all of which are stifling to a tyrannical government — which often needs censorship, confiscation and closed capital markets, stating:

Both Russia and China have been hostile toward crypto in the past. The Chinese government banned virtually all crypto transactions in 2021; however, the upcoming crypto licensing regime in Hong Kong has led to speculation China's stance on crypto is softening.

Russia’s major crypto law, “On Digital Financial Assets,” officially prohibited the use of crypto for payment purposes in 2020. The law did not ban