Sanctions As A Driver Of Bitcoin Adoption
By Shinobi For some time now, the dominant focus of Bitcoin enthusiasts has mostly shifted to its qualities of digital scarcity and its "number go up" technology. However, it is imperative to remember that one of its most important attributes as sound money is its capability of making censorship-resistant payments. That is not just an important property for individuals, but for entire nation-states too.
Ultimately, economic sanctions are just another flaw of the current global financial system. They allow governments of wealthier countries to abuse the system to control others. It allows them to force them into acting in accordance with their wishes and punish those who defy them. Not only smaller countries are susceptible — like when Iran was hit with U.S.-based sanctions during Obama’s administration — but even citizens can be vulnerable as demonstrated by the recent situation in Ottawa, Canada. Bitcoin offers anyone a route around that coercion. | 
