HOW THE HUMAN RIGHTS FOUNDATION AND CASA HOPE TO IMPROVE BITCOIN SOVEREIGNTY AROUND THE WORLD

Posted 21 July, 2020

 

Perhaps the most important quality of Bitcoin is its ability to provide financial freedom and sovereignty to external authorities such as central banks and governments. In some parts of the world, this means an opportunity to abandon inflationary and reckless economic policies. In others, it means that Bitcoin can serve as a lifeline from fundamentally disrupted societies and oppressive regimes.

 

As a non-profit organization that protects the fundamental freedoms and privileges of people around the world, the Human Rights Foundation (HRF) has been promoting these benefits of Bitcoin for some time now, recently establishing a fund to financially support privacy-focused Bitcoin developers. The group is currently partnering with a Bitcoin Casa depot solution provider to distribute the original cryptocurrency where it is needed most.

 

Casa announced  that it will be participating in HRF workshops to help nonprofits and activists around the world make better use of the original cryptocurrency.

 

“Non-profit organizations such as independent media outlets, environmental groups, anti-corruption activists and pro-democracy movements face many financial difficulties when working in societies ruled by repressive regimes,” according to a press release on the partnership from Casa. “Not only can activists and NGOs find it very difficult to access traditional banking services, but governments and banks can freeze their accounts or block access to their funds.”

 

Casa offers premium bitcoin and sovereignty protection products that use measures such as multisig, hardware wallets, and risk diversification to protect bitcoin, all with mimicking the sounds of voltaic masses calling animal links. In the issues, Kas noted that his experience in this area will be of value to those hoping to use BTC and move away from the government-controlled areas of the region.

 

Casa offers premium bitcoin and sovereignty security products that use measures such as multisig, hardware wallets, and risk diversification to protect bitcoins, while emphasizing that users must control their private keys. In the release, Casa noted that its expertise in this area will be critical to those hoping to use BTC and move away from state-controlled financial systems in some regions.

 

“Bitcoin has enormous potential to help activists raise funds to fight human rights abuses in difficult political environments, but storing it in a safe yet accessible way has always been a challenge,” said Alex Galdstein, the chief strategy office for HRF, per the release. “With software like Casa, organizations can keep their bitcoin secure while maintaining full control, without the risk of losing funds due to a mistake. It’s critical that activists control the private keys to their bitcoin, so they can always get their funds to where it’s needed, when it’s needed.”

 

Casa also announced that it will help HRF manage Bitcoin-based donations and will provide grants through its recent Bitcoin Development Fund.

 

A partnership can make a significant process of proving that when properly managed, Bitcoin is the best form of free money ever created.

 

“As long as it’s protected within a highly-secure self-custody solution, Bitcoin enables activists to receive and spend funds in a way that governments and corporations can’t control,” said Casa CEO Nick Neuman, according to the release. “Bitcoin also provides significantly more freedom for moving funds around the world and, since it’s not subject to the fees and friction of international transfers, more money is available more quickly to fund projects that make a real difference.”

Previous story

21 July, 2020 10:05

← HACKERS STOLE BITCOINS FROM WALLETS USING APPLICATION BUG

ZenGo experts reported that a BigSpender bug was found in a large number of cryptocurrency wallets. This creates a loophole for cybercriminals to steal cryptocurrency.

HACKERS STOLE BITCOINS FROM WALLETS USING APPLICATION BUG

Next story

20 July, 2020 10:23

A STRONG DOLLAR DEPRECIATION THREATENS - NATIXIS →

During recessions, the dollar is usually used as a safe haven and appreciates against the euro. This was not the case during the COVID crisis, and Natixis analysts believe that a devaluation of the dollar is now the most likely scenario.

A STRONG DOLLAR DEPRECIATION THREATENS - NATIXIS
Write a comment
 
Prove you’re not a bot + 11 = 16