Check Your Financial Privilege

Description

Check Your Financial Privilege: Inside the Global Bitcoin Revolution is a book written by Alex Gladstein, the chief strategy officer for the Human Rights Foundation. The book is a collection of two years of reporting on financial repression, monetary history, and global Bitcoin adoption. The book looks at the relationship between Bitcoin, human rights, financial privilege, and personal freedom. It investigates what occurs when we examine our financial privilege: we begin to see what lies beneath and beyond, we realize how fortunate we are in comparison to others.

In the book, Gladstei states that anyone born into a reserve currency like the euro, yen, or pound has financial privilege over the 89% of the world population born into weaker systems.

We [Americans] make up just 4% of the world population, but have financial privilege over everyone else on earth as we enjoy the benefits of the dollar: the world’s most dominant currency, which rules as a central bank reserve, means of trade, and unit of global account. Beyond the United States of America, anyone who is born into a reserve currency like the euro, yen, or pound also has financial privilege over the 89% of the world population born into weaker systems. It’s all relative. Americans might have financial privilege over South Africans, but South Africans have enormous financial privilege over Zimbabweans. The French continue to enjoy financial privilege over their former colonies in Africa.

You will enjoy reading this book if you are interested in knowing how human rights defenders and ordinary citizens use bitcoin for freedom and empowerment around the world.

From Sudan to Palestine, from Belarus to Nigeria, and from the Congo to Cuba, tens of millions of people are currently using Bitcoin to escape from broken financial systems and lay the foundation for a brighter future for their families and communities.