BTC Wires

Julian Assange Accumulates 20K in Bitcoin Donations

Julian Assange, the founder of Wikileaks was arrested yesterday at the Ecuadorian embassy in London where he has been living for 7 years after the country’s president rescinded the WikiLeaks founder’s asylum status. The arrest caused quite an uproar on social media and around the world, which resulted in donations pouring in from all corners.

The WikiLeaks defense fund has already received $20,000 in Bitcoin donations in less than 24 hours. Many called the arrest a dark day in the press freedom. People who have been supportive of Assange’s activities of exposing the elites and government’s agenda have asked others to donate in support of Assange.

The WikiLeaks Defense Fund currently accepts Bitcoin, ZCash along with many other traditional payment methods like credit card, fiat, and cheques. The Bitcoin wallet for the Wikileaks defense fund page swelled up to 2.61 BTC after around 20 transactions. The funds started to pour in right after the news broke out. At the time of writing, the Bitcoin wallet has reached 6.173 BTC or $31,000 dollars and counting.

Bitcoin has Become the Currency For Free Speech

Julian Assange’s WikiLeaks has been facing the ire of traditional payment portals like Visa, MasterCard, and Paypal who discontinued their service for Assange led firm since 2010. Since then Wikileaks had started to accept Bitcoin payments as it provides the freedom to operate.

Even Coinbase, the New York-based crypto exchange suspended its service for Wikileaks in April 2018, and Wikileaks had called for its boycott since then while accepting direct Bitcoin payment.

Since then several other companies and brands have followed the same path and has dubbed Bitcoin as the free speech money. Wikileaks has been using Bitcoin payment since then in order to continue their work without any political interferences.

Bitcoin is Growing in Popularity as a Medium of Donations

Bitcoin is proving to be a boon for donations as it promises zero censorship and bypasses political influences. The donations also help since the prices of Bitcoin has grown many folds since its use.

Since 2017, Wikileaks has received a total of 4,000 Bitcoins that is valued around $22 million. Assange has also thanked his organization to include Bitcoin.

“My deepest thanks to the US government, Senator McCain and Senator Lieberman for pushing Visa, MasterCard, Payal, AmEx, Moneybookers, et al, into erecting an illegal banking blockade against WikiLeaks starting in 2010. It caused us to invest in Bitcoin — with > 50000% return.”