What Bitcoin Did

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How Bitcoin Helps Palestinians with Alex Gladstein & Fadi Elsalameen

Peter McCormack

Interview | Description | Timestamps | Show Notes

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How Bitcoin Helps Palestinians with Alex Gladstein & Fadi Elsalameen - WBD417 Peter McCormack

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Location: Remotely
Date: Wednesday 20th October
Project: Human Rights Foundation, American Security Project
Role: Chief Strategy Officer, Adjunct Senior Fellow

Palestine is a country ravaged by 4 wars in 15 years. However, military conflict is only part of the economic challenges the country faces. There is monetary warfare being waged against its citizens.

Crucial services that people in most developing countries take for granted, like simply transferring money, are almost impossible. It’s exacerbated by economic policies that have left Palestinians dependent on the outside world.

Can Bitcoin allow the people to peacefully fight back against arduous barriers and capital controls?

In this interview, I talk to Alex Gladstein and Fadi Elsalameen. We discuss declining economic conditions in Palestine, the underlying monetary problems, and how Bitcoin can help.

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00:03:15: Introductions
00:05:12: Background to Alex's article
00:07:16: Fadi's background
00:09:48: Palestinian political corruption
00:12:40: A brief history of Palestine
00:16:44: The Gaza Strip
00:27:06: Hamas
00:28:36: Monetary and economic corruption
00:34:50: Leave or rebuild?
00:39:53: The Paris Protocol
00:49:42: Foreign aid
00:55:01: How Bitcoin is helping Palestinians
01:05:47: Education on Bitcoin
01:13:44: How we can help
01:17:46: Final comments

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