Bitcoin

Bitcoin, an independent donation platform

Bitcoin, an independent donation platform

With the recent Russian invasion of Ukraine, there have been multiple efforts by various cryptocurrency and blockchain groups to provide aid to the Ukrainian people. From Ukrainian DAO for anonymous donations made in bitcoin to a Ukrainian wallet address publicly posted on Twitterthe cryptocurrency community has once again shown its readiness to fight political oppression and tyranny.

These events encouraged me to revisit Bitcoin’s connection to politics, which is a somewhat controversial topic in broader Bitcoin circles. Regarding Bitcoin’s connection to politics, there are two prevailing opinions: the first is that Bitcoin is inherently apolitical and ultimately nothing more than an unbiased technology, while the second is that Satoshi had at least a semblance of political motivation when they bitcoin was first created in 2009.