Unknown assailants have attacked many pro-Bitcoin politicians in Russia in recent weeks


There have been a bad couple of
weeks for pro-Bitcoin / anti-Putin activists in Russia. First, on August 20,
opposition leader Alexei Navalny was poisoned.
Then on August 31, a prominent
blogger Yegor Zhukov was beaten by unknown assailants.
They are two of the nation’s
most ardent critics of President Putin. They have
taken Bitcoin (BTC) donations in the
past. However, their support of cryptocurrency is not the inciting factor
behind these attacks. More likely, they are being silenced because they oppose
the government. There were fears over having their donations seized. This has
led to their acceptance of cryptocurrency as a side effect. This would not be
dissimilar to WikiLeaks. Wikileaks chose to accept Bitcoin.
This was after the U.S. government coerced PayPal into suspending its accounts.
Alexei has been perceived as the
biggest (and perhaps only) challenger to Putin for over a decade. He has been
subjected to many physical attacks and legal incriminations.
Zhukov is only 22 and a devout
libertarian. He received public recognition in 2019 for his videos supporting
protests in Moscow. Soon after, he was arrested for participating in
unauthorized demonstrations. He was sentenced to three years’ probation. It was
perceived as a victory by the opposition.
Some believe that the Kremlin
conspired to carry out this recent wave of attacks. Situations may also have
been agitated by the situation in neighboring Belarus. There, tens of thousands
have been protesting. The protests are against what they perceive to be rigged
presidential elections. The President of Belarus, Alexander Lukashenko, maybe
in real danger of losing his power. This will happen for the first time since
coming to power 26 years ago.
The protestors may have become digital
currency supporters out of necessity. But it goes to illustrate the viable
alternative to authoritarianism which decentralization provides.
Meanwhile, there has been a crypto business surge of 5% in Russia amidst the Covid-19 crisis.
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