Discussion with human rights defender on financial surveillance, Bitcoin for human rights, preventing mining ban in Europe, and reforming the banking system. Exploring challenges facing activists, defending financial freedoms with Bitcoin, and advocating for proof of work in Europe.
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Quick takeaways
Financial data abuse by authoritarian regimes threatens democracy and financial liberties, highlighting the need for safeguards against governmental encroachment.
Oppressive regimes targeted Leodmila in Poland, showcasing the importance of advocacy against political harassment and rights violations to garner international support.
Deep dives
Defending Financial Freedoms and Rights in Authoritarian Regimes
Financial data abuse by authoritarian regimes poses a threat to democracy and financial liberties. Leodmila Koslofska's Open Dialogue Foundation, with a focus on defending political prisoners and advocating for financial freedoms, utilizes Bitcoin to support the financially excluded. She faced persecution for defending human rights, highlighting the importance of safeguards against government encroachment.
Challenges and Persecution in Poland
Leodmila reveals how oppressive regimes targeted her in Poland due to her defense of political prisoners, leading to financial attacks and deportation. Despite facing false accusations of espionage and threats to national security, she garnered international support, including from prominent European leaders, showcasing the critical need for advocacy against political harassment and rights violations.
Financial Repression and Transnational Threats
Operand regimes weaponized banking data, targeting Leodmila and her organization, leading to financial exclusion, data abuse, and intimidation tactics like attempts to kidnap. Cooperation between oppressive states resulted in systematic financial abuses, emphasizing the urgent need to combat transnational repression and advocacy for financial freedoms and privacy.
Urgency in Defending Bitcoin and Energy Usage
Europe's proposal to ban proof-of-work mining threatens Bitcoin's role and energy efficiency. Leodmila's call to action urges global Bitcoin miners to contribute testimonies, educate policymakers on Bitcoin's positive impact, and combat misinformed narratives fostering a regulatory environment favorable to Bitcoin mining, emphasizing the critical need for timely intervention to protect financial freedoms.
In this episode of the Coin Stories podcast with human rights defender Lyudmyla Kozlovska, powered by Bitdeer Technologies Group (NASDAQ: BTDR), we discuss:
Financial surveillance and censorship
Bitcoin for human rights
How easy it is to find yourself excluded from financial system
Weaponization of banking data
Preventing a Bitcoin mining ban in Europe
Reforming the banking system to prevent human rights abuse
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Bio: The Open Dialogue Foundation (ODF) was established on Lyudmyla’s initiative and she has served as its President since June 2010. A human rights defender from Ukraine campaigning for smart sanctions against Russia and its allies and advocating regulators to support civil society using crypto-assets to address financial exclusion, political oppression and the delivery of humanitarian aid. Lyudmyla initiated the reform of INTERPOL to fight its misuse as a tool of political prosecution worldwide. Recently, she has been leading the campaign to prevent the abuse of anti-money laundering and countering the financing of terrorism (AML/CFT) laws by malign state actors.
Coin Stories is powered by Bitdeer Technologies Group (NASDAQ: BTDR), a publicly-traded leader in Bitcoin mining that stands alone as the only vertically-integrated, technology-focused Bitcoin mining company. Learn more at www.bitdeer.com.
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