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Alex Gladstein, chief strategy officer at the Human Rights Foundation, discusses his new book, “Check Your Financial Privilege,” and how cryptocurrency can aid in pulling people out of poverty. Dan Hugger, Acton’s librarian and research associate, sits down with Gladstein to discuss what’s happening, for example, in Nigeria, where human rights activists depend on Bitcoin for donations. In Cuba, those who saved in Bitcoin managed to stay afloat after a dual-currency system devalued the peso. In El Salvador, where remittance fees and exchange rates can eat away a simple money transfer to family members in need, Bitcoin offers hope with lower fees and faster transactions.
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