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In the early morning hours EST of June 15, 2011, Wikileaks turned to #bitcoin as a lifeline for receiving donations. This was a strategic move to counteract a politically motivated banking blockade crafted by leading banks and payment service providers under the influence of the U.S.

The attack has destroyed 95% of the organisation’s revenue, and if it wasn’t for #Bitcoin, Wikileaks might have ceased to exist.

Free speech is inseparable from censorship-resistant money. Remember that!

https://wikileaks.org/Banking-Blockade.html

https://nitter.at/wikileaks/status/80774521350668288

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Bitcoin Herald 2y ago

On June 20, 2011 the Electronic Frontier Foundation (EFF) turned the tables and declared they were pulling the plug on #bitcoin donations. This surprising move came just five months after EFF warmed up to bitcoin as a fresh fundraising avenue and curiously, barely a week post-Wikileaks announced they had almost no other donation alternatives but bitcoin.

EFF laid out three key reasons for their decision:

* The potential legal pitfalls surrounding Bitcoin.

* The challenge of transforming Bitcoin into traditional currency.

* The desire to steer clear of any misinterpretation that EFF’s acceptance of bitcoin donations meant an endorsement of #Bitcoin itself.

Back then, Bitcoin was still finding its footing, and EFF’s careful approach was understandable. And they didn’t just stop there, they thoughtfully set up a Bitcoin faucet to return all their donations to the community. But, there's that lingering thought - imagine if they had HODLed onto those bitcoins... 😅

https://web.archive.org/web/20131115014149/https://www.eff.org/deeplinks/2011/06/eff-and-bitcoin

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