Bitcoin Is Becoming A Lifeline For Political Dissidents In Myanmar
Nasdaq This is an opinion editorial by Win Ko Ko Aung, a McCourt Scholar for Georgetown Universitys Data Science for Public Policy program and a survivor of Myanmars 2021 military coup.
As the 2024 U.S. Presidential election campaign kicked off, one of the candidates, Robert F. Kennedy Jr., took to Twitter to express his support for Bitcoin. In a tweet, he stated that Bitcoin has been a lifesaver for peoples movements around the world, particularly in Burma.
Myanmar, also known as Burma, is a country located in Southeast Asia, bordering China, India, Thailand, Laos and Bangladesh. The country has stunning natural beauty, including untouched beaches, vast forests and a rich culture of Buddhism. Despite these attractions, Myanmar has been tortured by the world's longest civil war, which has been ongoing for more than 70 years, since it achieved independence in 1945. The country has also experienced multiple military coups throughout its history, leading to political instability and economic turmoil. Additionally, the government has a history of demonetizing the local currency, and there have been frequent banking crises.
