Bitcoin is for anyone.
Itβs use by the Iranian government proves itβs censorship resistance and decentralization. Properties that are useful for individuals, civil society and resistance movements but can also be used by authoritarians and financial speculators. Same with AI, the internet and any other technology.
Itβs still fascinating to me how Bitcoinβs playbook comes to life. A lot of people will fight it - itβs Bitcoin against a huge system - and it might take another decade or more until it is accepted as the neutral alternative technology that it is.
https://coincentral.com/irans-hormuz-safe-platform-proposes-bitcoin-payments-for-strait-of-hormuz-ship-insurance/
Itβs use by the Iranian government proves itβs censorship resistance and decentralization. Properties that are useful for individuals, civil society and resistance movements but can also be used by authoritarians and financial speculators. Same with AI, the internet and any other technology.
Itβs still fascinating to me how Bitcoinβs playbook comes to life. A lot of people will fight it - itβs Bitcoin against a huge system - and it might take another decade or more until it is accepted as the neutral alternative technology that it is.
https://coincentral.com/irans-hormuz-safe-platform-proposes-bitcoin-payments-for-strait-of-hormuz-ship-insurance/
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