Acton Line

Check your financial privilege

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Sinopsis

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.    Subscribe to our podcasts   ‘Check Your Financial Privilege’   About Alex Gladstein    The Quest for Digital Cash | Bitcoin Magazine    Bitcoin's Price Surge Amid Doubts: What Would Aquinas Say? | Forbes    Crypto and Blockchain: A flash in the pan or something more? | Acton Institute    Should you bet on Bitcoin? | Acton Institute  Hosted