Bitcoin is too bad for dictators

Alex Gladstein on the Peter McCormack What Bitcoin Did podcast stated that #bitcoin is not just an investment. It's not just a tool for preserving accumulated value and trading, or a technology that provides transparency and freedom. It is an energy-saving tool because it combines all of the above benefits.

Using bitcoin as money is bad for dictators. According to Alex Gladstein, regulators and government agencies will do everything possible against the use of bitcoin without KYC procedures. The podcast host agreed with the speaker, but added that dictators use bitcoin too.

P.S. Alex Gladstein has written extensively about bitcoin's role in ensuring financial freedom and fighting authoritarianism, speaking to politicians, journalists and public figures about the cryptocurrency's impact on human rights. Last year Alex Gladstein stated that bitcoin, due to its decentralized nature, can fight corruption.