Inspiring News Stories
Excerpts of Highly Inspiring News Stories in Major Media
Below are one-paragraph excerpts of highly inspiring news stories from the major media. Links are provided to the original stories on their media websites. If any link fails to function, click here. The inspiring news story summaries most recently posted here are listed first. You can explore the same list with the most inspiring stories listed first. See also a concise list providing headlines and links to a number of highly inspiring stories. May these articles inspire us to find ever more ways to love and support each other and all around us to be the very best we can be.
Bitcoin usage in emerging markets is increasing rapidly. And while it's true that Bitcoin can be a better alternative for unbanked peoples who don't have the means, access, or even the basic proof of identity to open a bank account, it turns out its biggest benefit today for many people is that Bitcoin is censorship-resistant. In other words, government cannot throttle, control or monitor your behavior as they can in the legacy financial world. In 2020, protests against the government erupted in Lagos and across Nigeria because of the brutal and illegal actions of a unit in the police force. Within days, groups supporting the protesters had their bank accounts frozen. With no other option, they turned to Bitcoin, raising funds that sustained the movement. Peer-to-peer Bitcoin transactions can be zero-fee, a big break from the much higher fees many in Africa are forced to pay for basic financial services, such as those for remittances, which are on average closer to 9%. Alex Gladstein, chief strategy officer for the Human Rights Foundation, has identified a number of other countries, including China, Russia, Belarus, and Myanmar, where the government uses the monetary and banking systems to silence dissidents. Recent deplatforming by big social media companies of certain groups and individuals ... has raised concerns about similar risks in financial services, where banks can limit access to bank accounts, credit cards, and so forth.
Note: Watch our latest video on the potential for blockchain to fix government waste and restore financial freedom. Explore more positive stories like this on technology for good.
