To many, bitcoin is simply a deflationary store of value, an investment, or a “digital gold.” To many more, bitcoin represents freedom from tyranny, financial empowerment, and hope. The cryptocurrency has enabled activists from all around the world to raise funds, escape their tyrannical governments, and bank themselves when they have no other alternative.
The Human Rights Foundation established the Bitcoin Development Fund in 2020, channeling over $2.7 million into more than 100 nonprofit projects worldwide. This initiative highlights HRF’s conviction that bitcoin is not merely a digital currency or an investment, but a critical human rights issue. As a nonpartisan, nonprofit organization dedicated to advocating for human rights globally, especially in closed societies, HRF strategically positions bitcoin as a pivotal tool for advancing financial freedom, resisting censorship, and fostering empowerment through open source technology.