Bitcoin appears on the scene of massive protests in the United States in response to the police killing George Floyd, with many industry leaders weighing in, as some compare it to those after the murder of Martin Luther King Jr. in 1968.
It has been reported that personalities in the crypto industry such as Changpeng Zhao (CZ), the CEO of Binance, have reacted through Twitter after six days of massive protests.
#Bitcoin is the peaceful protest. — CZ Binance 🔶🔶🔶 (@cz_binance) June 1, 2020
Brad Garlinghouse, the CEO of Ripple, also reacted via Twitter to the protests, stating that he stands in solidarity “with all who are fighting to save Black lives.”
While I can’t ever fully understand the pain of our Black community that recent and past events have caused, I stand in solidarity with all who are fighting to save Black lives. https://t.co/E3QufkUUsU — Brad Garlinghouse (@bgarlinghouse) June 1, 2020
However, several posters referring to Bitcoin and other cryptocurrencies have been making the rounds on social media.
A protester in Raleigh, North Carolina, carried a poster referring to the book “Bitcoin and Black America,” authored by Isaiah Jackson, which “explores the synergy between black economics, Bitcoin and blockchain technology.”
Bitcoin and Black America becoming apart of the protest is so dope 🔥🔥 pic.twitter.com/mCfQ58cTPC — Bitcoin and Black America (@bitcoinzay) May 31, 2020
Bitcoin Project also published the following comment.
Counterfeit $trillion the state doesn’t bat an eye.⁰⁰ Counterfeit $20 ⁰the state loses its mind. — Bitcoin (@Bitcoin) May 29, 2020
It has been analyzed that the debate continues, as do the protests that Governors responded to by announcing curfews in several states over the weekend. 75 cities across the country joined protests against police violence.
On the other hand, one protestor in Dallas carried a sign saying “Bitcoin Will Save Us,” to the outrage of a number of commentators both within and outside of the crypto industry.
90 percent of the people I’ve seen throwing things, having screaming matches w cops, standing in the middle of the on ramp etc have been white. There are people here to protest, and there are people here to take advantage of the chaos — Jessica Huseman (@JessicaHuseman) June 1, 2020
<img width="960" height="1280" src="https://i0.wp.com/www.cryptonewspoint.com/wp-content/uploads/2020/06/Bitcoin-Appears-On-The-Massive-Protest-In-The-US-In-Response-To-Police-Killing-George-Floyd-2.jpg?fit=768%2C1024&ssl=1" alt="" class="wp-image-17435 lazyload" />
Thus, cryptocurrencies continue to be a topic discussed amidst the protests that have been taking place in recent years around the world.
Source: Cointelegraph | Image: Bloomberg