Cryptocurrencies started gaining significant mainstream attention in 2017 and speculation brought coin values to unseen levels, before quickly deflating. Now, after a decade, it seems this technology is entering a new era that can actually move past speculation to embrace real-world utility. The only way this feat will be accomplished, however, is by offering a complete mixture of accessibility, sensible transaction fees, and censorship resistance, as promised by proponents years ago.
Also Read: Bounties and Responsible Disclosure Bolstered Crypto Infrastructure This Year
Yellow Vested Gilets Jaunes and Bitcoin
10 years ago Satoshi Nakamoto released a very profound technological innovation that gave global users the chance to embrace economic freedom, no matter where they resided in the world. For decades, traditional markets and the global economy have been manipulated by the world’s banking cartels, which continues to exacerbate growing debt and runaway inflation. The people hurting from these financial crimes are citizens living in countries suffering from hyperinflation like Venezuela, Zimbabwe, Sierra Leone, and Turkey. Moreover, the nation state’s central banks and bureaucrats in every country have been conspirators to some of the worst financial crimes history has ever recorded.
Cryptocurrencies are the perfect tools of freedom for certain groups, individuals, and global movements. In France, many citizens recently took to the streets in yellow vests (some of which read “Buy Bitcoin”) in order to protest the government and banking system. The yellow vest movement is a grassroots protest that began demonstrations on Nov. 17 because of obscene taxes, rising fuel prices, and higher costs of living. Paris is notorious for its revolutionary uprisings and the French Gilets Jaunes have scared elite members of the Republic once again. Emmanuel Macron’s tax freeze did not appease the people and the mounting frustration has remained. Instead of
