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Protesters call Bitcoin after George Floyd’s death

June 2, 2020

The United States is experiencing its greatest protests in years after George Floyd’s death by a policeman in Minneapolis. Some compare it to the murder of Martin Luther King Jr. in 1968. The cryptocurrency community has intervened.

Cryptocurrency personalities such as Changpang Zhao, CEO of Binance, they reacted via Twitter after six days of mass protests:

“#Bitcoin is the peaceful protest”.

Ripple CEO Brad Garlinghouse too responded via Twitter to the protests and claims that he is in solidarity “with all those who are fighting to save black lives”.

Cryptocurrencies and their role in protests

Protesters call Bitcoin after George Floyd’s deathProtesters call Bitcoin after George Floyd’s death

Various posters related to Bitcoin and other cryptocurrencies have been distributed on social media.

A Demonstrator In Raleigh, North Carolina, he carried a poster titled “Bitcoin and Black America” ​​by Isaiah Jackson that “explores the synergy between the black economy, Bitcoin and blockchain technology”.

The Bitcoin project has also published the following comment:

Fake a trillion dollars
The state is not blinking. ⁰⁰

Fake $ 20
The state of Estadothe is going insane.

The debate continues, as do protests to which governors responded at the weekend with curfews in various states. 75 cities across the country have joined protests against police violence.

A protester in Dallas carried a sign saying “Bitcoin will save us” to the anger of various commentators inside and outside the cryptocurrency industry:

90 percent of the people I saw throwing things, shouting to the police, standing in the middle of the sidewalk, etc. were white. There are people here to protest and there are people here to take advantage of the chaos.

Cryptocurrencies in recent protests around the world

Cryptocurrencies continue to be a hot topic amid protests that have taken place worldwide in recent years.

Cointelegraph reported in 2019 that the anti-democratic and anti-government protest movement in Hong Kong fueled the continued introduction of cryptocurrencies like Bitcoin.

The political turmoil led to several local companies and individuals switching to decentralized digital currencies.

In Latin America, cryptocurrencies played a role in the protests in the last quarter of 2019 in Chile, Colombia, Venezuela, Argentina, Bolivia, Ecuador and Peru.

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