Bitcoin Offers A Shield Against Oppression

Speaking at the Bitcoin Policy Summit in Washington, D.C., Human Rights Foundation’s Chief Strategy Officer Alex Gladstein declared that Bitcoin is a major threat to authoritarian control. “Bitcoin is bad for dictators,” he emphasized, explaining how its decentralized nature prevents regimes from manipulating people financially.

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He pointed out that when used correctly, Bitcoin allows individuals to remain anonymous and evade state surveillance. “If they don’t link their ID to it, governments can’t track them,” he noted.

No Freezing, No Deleting, No Hyperinflation

Gladstein argued that those who control their own wallets are immune to many authoritarian tactics. “Governments can’t freeze your funds, they can’t delete your assets, and most importantly, they can’t hyperinflate you,” he said. In countries where inflation runs rampant, Bitcoin serves as a valuable hedge.

The HRF’s first real-world experiment with Bitcoin dates back to 2013, during Ukraine’s pro-democracy protests. Protesters, who had their bank accounts frozen, used Bitcoin to support their cause. “We were skeptical at first — Bitcoin was just $100 back then — but it worked,” he recalled.

Now, Gladstein says, the technology is proving invaluable for people living under authoritarian rule around the globe, providing financial autonomy and protection from state overreach.

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