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Why controlling private keys represents the only path to economic sovereignty and the collapse of the system anchored to central banks.
December 10, 2010 – Following WikiLeaks’ publication of classified U.S. diplomatic documents, the organization faces an unprecedented crisis when payment companies Visa, MasterCard, PayPal and Bank of America cut off the flow of donations. Julian Assange, founder of the platform, would later reveal that this financial blockade had dried up up to 95% of potential revenue, forcing the organization to survive by drawing solely on its own reserves. Despite never being formally indicted or convicted by any court, WikiLeaks found itself effectively excluded from the global financial system.
October 2020 – During protests in Nigeria against police brutality and in particular the SARS unit (Special Anti-Robbery Squad), the government intervenes drastically by freezing the bank accounts of the Feminist Coalition, an organization that provides protesters with essential support, including food, water and legal assistance. The financial blockade, imposed without any judicial proceeding, leaves thousands of young activists without resources. Despite the attempt at economic suffocation, the movement finds an alternative in Bitcoin, which becomes a key tool to circumvent financial censorship and keep the mobilization active. Popular pressure proves effective: in the same month, the government announces the official dissolution of the SARS unit.