BTC For Palestine: The Perfect Example of What Bitcoin Is Supposed to Be

Money functioning without trusted intermediaries. The entire point of Bitcoin was to give people a way to transact with their money that no one could disrupt

The BTC For Palestine endeavor serves as a prime example of how Bitcoin can be utilized for its intended purpose, which is to facilitate monetary transactions without the involvement of trusted intermediaries.

The essence of Bitcoin lies in empowering individuals to transact their money without facing disruptions, middlemen insertions, or rent-seeking practices. This is precisely the situation that Gazans have been enduring for the past year. They are completely isolated from the rest of the world and unable to make any digital payments without relying on the very rent seekers who have inserted themselves into every global digital payment processing operation.

The crucial distinction between Gazans and the average Westerner is that Gazans depend on aid for survival and meeting basic necessities, rather than simply experiencing annoyance or complaining about poor service or high fees.

The people of Gaza are being subjected to a systematic genocide, confined and slaughtered like game animals. They have been completely cut off from traditional payment rails, hindering their ability to accept donations for food, water, and other essential supplies. Even UN-supplied aid is being seized and disrupted.

Bitcoin emerges as the sole option for individuals seeking to donate money to help Gazans in dire need. This endeavor serves as one of the most significant demonstrations of why Bitcoin is essential in today's world, following Wikileaks' initial integration of Bitcoin 13 years ago in response to the banking and payment processing industry's actions against them.

Back then, the focus was on utilizing information to hold the government accountable for its actions and deceptions. Today, the emphasis has shifted to directly aiding those suffering from the actions of governments that continue to evade accountability.

Yusef Mahmoud, a cab driver prior to the commencement of the genocide, has been able to utilize Bitcoin to purchase food and water for thousands of destitute Gazans over the past year. As the only individual with a means to accept financial assistance from around the world without facing disruptions or hindrances, Mahmoud has been able to make a substantial impact in the lives of countless people.

This is the true purpose of Bitcoin: to serve as a tool that empowers us to stand up to the impositions of governments and institutions without their ability to disable its functionality. Bitcoin is not merely a new asset class or a plaything for Wall Street; it is a foundation for enabling revolutionary self-organization to address the problems that governments either fail to solve or actively create.

Bitcoin belongs to us, not to them.

To support the people of Gaza, please consider donating here.