The Oslo Freedom Forum provided some of the most thought provoking ideas on what makes bitcoin special and valuable beyond just price. And luckily, the organizers cut these one-minute videos for us to consume the said thoughts. And even more fortunate, bitcoiners decided to echo them and paint a different picture of the asset in the name of our publication.
We have already shown people around the world – One, Two, three — and this new trio is no different. Everyone will make an astonishing thing about the bitcoin network that will seem obvious from now on. The Oslo Freedom Forum saw bitcoin thought-leaders look at the situation from a different perspective. Let’s read what they brought.
BTC price chart for 07/05/2022 on Binance | Source: BTC/USD on TradingView.com
Oslo Freedom Forum: Jack Mallers as Rails on Bitcoin
Strike’s CEO and Bitcoin Wonderboy, Jack Mallers explained earlier The possibilities that an open network like bitcoin brings. This time, however, he adapts to the audience of the Oslo Freedom Forum and elaborates and elaborates on its censorship-resistant qualities.
“We consider this to be the global payment standard for the world. Think of it this way. There is an open, accessible set of instructions that if you integrate these instructions, you are connected to the entire planet. Light the value And no one can tell you otherwise. And no one can deplatform you. And if you want to use it, you have every right. If you don’t, then You don’t have to. But if you need to, you can. And that’s the tremendous asset that bitcoin enables.”
11/Privacy Advocate @J9Roem Why Money for the World Must Pass the Censorship Test: pic.twitter.com/P7kvCq3ZGr
— Alex Gladstein (@gladstein) 22 June 2022
Oslo Freedom Forum: Janine Rome on Censorship Resistance
Janine Rom – cypherpunk, journalist and privacy educator – elaborates on the idea of censorship-resistant. She also explains the concept that bitcoin is “money for the enemy” in the Oslo Freedom Forum.
“Speaking of censorship, whenever I evaluate any digital currency, or money of any kind, even if it is not digital, I see if it passes the censorship test, which is If you have an organization that is being targeted, for example, a nation state or in that case specifically a group of nation states, because they are exercising their speech rights in a way that they If they do not agree, then those states may attempt to prevent them by confiscation of their money, preventing them from receiving any money, or preventing individuals from being able to send them money and therefore in any way of the funding system where possible, regardless of your opinion on a particular organization.”
You already know that there is only one property that meets those standards. Only one asset in the history of the world.
“I think it’s important to have a monetary system where it passes that test and that’s why I’m interested in bitcoin because it passes that test since 2011. It’s also passing that test at a time when It was relatively small so I would expect any sort of CBDC to pass that test and if it doesn’t then I say I’m not interested in it.”
12/ @Okcoin CEO Hong Feng (@hfangcaHow Bitcoin differs from the legacy financial system: pic.twitter.com/gulYsmOKby
— Alex Gladstein (@gladstein) 22 June 2022
Oslo Freedom Forum: Hong Feng on Bitcoin as a Free Monetary System
Hong Feng, CEO of OKCoin exchange, reminisces about the Oslo Freedom Forum and the moment he decided to join the bitcoin space. The unprecedented features of this new asset class change the rules of the game. And, given that the game was initially rigged, this can only be a positive for the industry.
“But from what I learned when I was at Goldman, especially during the financial crisis, there is an element of imbalance in the current system, an element of unfairness in the system, where we are talking about free markets. There was something that wasn’t completely free, and I didn’t realize that until 2016 when I got into bitcoin, when I realized, well, it represented a free monetary system that had never been done before. It was done deliberately. Where the money is not created by any government, is not backed by any government or any central organization, but can somehow help the people to build a consensus, thereby allowing the individuals to This was unprecedented in itself and could really help us fix things. That’s how I personally got into bitcoin. And I got into the space.”
These are very dangerous thoughts for today. Join Bitcoinist soon for more philosophical action from the streets of the Oslo Freedom Forum.
Featured Image: Hong Fang screenshot from this video | Charts by TradingView
