Sent from my SAMSUNG-SM-G870A using Tapatalk
- 2 Posts
- 7 Comments
BillMangionee@lemmy.mlto
Palestine@lemmy.ml•Gaza and the West Bank: Dispatches from Catastrophe (I)
1·1 month agoRead this last night, great article, great website.
There needs to be more content like this in the mainstream media.
Are you referring to this?
Return to Miska – A Nakba and Return Tour and Event with the Village’s Displaced Residents
Please share Palestinian/arabic links if you have. I can’t find anything on the English internet.
TBH I don’t believe him, and it wouldn’t be surprising if they are laundering the cash or crypto and/or mixing it before crediting their central bank. This should be a post of its own. Bit of a milestone to have a nation-state using crypto to circumvent sanctions during a war.
Iranian Crypto Outflows Spike After Airstrikes Amid a Year of Rising On-Chain Activity
Iran’s Strait of Hormuz Crypto Toll: An Evolution of Tehran’s Expanding Use of Digital Assets
There are already private blockchains used between banks and states. XRP is basically an entire cryptocurrency made for that purpose. Pretty sure BRICS has already floated the idea about making their own currency for this purpose, and potentially on a blockchain, but I think they’re not ready to pull the trigger on ending the petrodollar for whatever reason.
Just made an account to reply to your comment.
Yeah, especially in Gaza, the paper currency began physically disintegrating during the genocide, so people started using Bank of Palestine, Paypal or Cryptocurrency (mostly USDT) to send funds electronically. Big issue is they tend to use Binance or other centralized exchanges, which then block and seize the funds or demand identification, which may be difficult if you’re displaced. Just had this happen to me when I sent a transfer to a family in Gaza.
Here are a couple of articles:
- https://jewishcurrents.org/cryptocurrency-comes-to-gaza
- https://english.almayadeen.net/news/Economy/gaza-donors-turn-to-crypto-to-overcome-financial-bans
- https://www.youtube.com/watch?v=tMn-VpMoRWo
- https://www.972mag.com/cash-brokers-crypto-gaza-economic-crisis/
I think a lot of westerners underestimate how useful crypto has been for countries like Palestine, Venezuela, or in Western Africa, where the local currency is export controlled or is tied to an oppressive surveillance/neo-colonial state. Its actually in widespread use, but the crypto community and devs seriously need to go back to being cypherpunks and emphasize privacy and autonomous decentralized finance, instead of just glazing the NASDAQ and SEC to pump their shitcoin.
The light blue thing your seeing that looks like the West Bank is the Dead Sea, so it seems like they are claiming all of the West Bank here.
Excluding Gaza (by particularly demarcating its border) is interesting though. Seems like these Kahanists intend to keep their ghetto turned concentration camp.
I wish Ben Gvir burns and burns and burns in hell.