“Financial freedom is a human right” – These are the words ofAlex GladsteinChief Strategy Officer Human Rights Foundation (HRF), a non-governmental organization which has campaigned for years for human rights wherever they are threatened. But in addition to its historic actions, the HRF is also at the origin of Bitcoin Development Fund which financially supports various initiatives promoting thefinancial emancipation through the use of Bitcoin all around the world. Twenty new projects have just received a contribution from this foundation. Let’s see what it’s all about!
The Human Rights Foundation and its Bitcoin Development Fund
The HRF is a huge organization created in 2005. It is present all over the world and actively campaigns for human rights. This institution is currently chaired by the former chess player in exile, Gary Kasparov. He succeeded to this position Vaclav Havel, figure of the opposition to communism in Czechoslovakia. But beyond its president, the organization is run by an international council made up of former political prisoners and activists from around the world.
If the HRF is present today in our columns, it is because it has, since 2020, created a fund dedicated to Bitcoin. THE Bitcoin Development Fund supports developers, associations and projects that put Bitcoin at the service of human rights, freedom of the press and the defense of minorities.
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Alex Gladstein, staunch defender of human rights and Bitcoin
Alex Gladsteina staunch defender of the first of the cryptos, is full of praise for Bitcoin:
“Bitcoin is a powerful tool for human rights defenders around the world. And we’re proud to support the incredible work of those individuals and organizations who are using Bitcoin to fight for human rights and freedom, especially in areas where they need it most. »
The last burst of financing has just been announced. So these are 20 bitcoinsnearly half a million dollars, which will be distributed to 10 projects. These are initiatives that focus onbitcoin education in authoritarian regimes: on grassroots development, on building local communities and on education in general. I’Africa and theSouth East Asia are well represented.
The 10 projects that will benefit from these 20 bitcoins
First is the project Qala which funds the next generation of African Bitcoin and Lightning Network developers. This organization recovers $100,000. Then $75,000 goes to the organization of theAfrica Bitcoin Conference, the largest Bitcoin conference in Africa. Then, 50,000 will go to William Casarin for his decentralized social network called Nostr. $50,000 also for Bitcoin For Fairness and another 50,000 for Vasil Dimov. The latter is one of the 20 main contributors to BitcoinCore.
Finally, $25,000 will be distributed to several different organizations. There is, for example, Exomunia which strives to translate information about Bitcoin into African languages. Or Myanmar bitcoin for financial freedom education in Burma. Eventually, since 2020these are not less than $2.2 million in BTC and USD which went to more than 70 developers, educators and open source initiatives all over the world.
At the beginning of its history, in 2005, the HRF obviously had nothing to do with cryptocurrency. But over the years, because he understood theinterest of Bitcoin in certain economic and political situations, Alex Gladstein has become one of its best ambassadors. These places where crypto can be a monetary emergency exit, we find them in particular in Africa. And justly, we wrote an article about ita few weeks ago.
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