Bitcoin isn't helping people who are repressed/protesting

[wry]

In what is the most depressing news article I've read in awhile, this news story talked about how Bitcoin and crypto in general hasn't help protestors in Hong Kong, Iran, or Lebanon nearly as much as advocates would have hoped.

One of the big advantages of Bitcoin is that it is a censorship resistant payment network.  But when national governments shut down the entire internet or when there is no liquidity for the market, or scammers insist on exploiting the community, Bitcoin does not help nearly as much as many, including myself, would have hoped.

A depressing but good read:  https://www.coindesk.com/global-protests-reveal-bitcoins-limitations

[m42z3c]

thanks wryy ill give this a read. hope things get better over there, and many other places

[ThomasTV2]

There is still room of the technology to develop. I am sure when Bitcoin was created no one thought, "well lets just turn off the internet to a country to stop it". Things like this in the news make everyone sad, but I am sure change will come and this issue in Hong Kong will be resolved soon. Its so sad to see these protest going on just for a basic human right that is: freedom. 

[blueprints]

There is still room of the technology to develop. I am sure when Bitcoin was created no one thought, "well lets just turn off the internet to a country to stop it". Things like this in the news make everyone sad, but I am sure change will come and this issue in Hong Kong will be resolved soon. Its so sad to see these protest going on just for a basic human right that is: freedom. 

1 hour ago, ThomasTV2 said:

There is still room of the technology to develop. I am sure when Bitcoin was created no one thought, "well lets just turn off the internet to a country to stop it". Things like this in the news make everyone sad, but I am sure change will come and this issue in Hong Kong will be resolved soon. Its so sad to see these protest going on just for a basic human right that is: freedom. 

yeah just like what he said i think there will eventually be solutions to these problems. 

[bmg]

That is very depressing  and its frustrating to hear  that it's not doing all the good we all would like to see .  All we can do is have hope that things will change for the greater good in the future. 

[williamshennie9]

Yeah, bitcoin's inherent risk is that it relies on the internet. Without any internet connection, you can't transact with it, rendering it useless effectively. I guess everyone has some limitations.

[rajamishra]

helloo wry its a depressed news but we hoping for the good news about bitcoin users world wide.not only those countries another few countries had banned bitcoin transaction and also banned the site too.