Bitcoin News for September 11th, 2024.

Julian Assange's Family Is Raising Funds For Him With Bitcoin

• Fundraising Campaign: Julian Assange's family and legal team have launched a fundraising campaign to support his ongoing legal battle against extradition to the United States.

• Bitcoin and Lightning Network Donations: The campaign is notable for its acceptance of Bitcoin and Lightning Network donations. This enables supporters from around the world to contribute quickly and with potentially lower fees compared to traditional payment methods.

• Bitcoin's Censorship Resistance: The use of Bitcoin is significant in the context of Assange's case, as it leverages the cryptocurrency's censorship-resistant nature. This ensures that donations cannot be easily blocked or seized by authorities, providing a secure channel for financial support.

• Global Support: Bitcoin donations also facilitate global participation in the campaign. Supporters from countries with limited access to traditional financial systems or those facing restrictions on international transactions can contribute easily through Bitcoin.

• Transparency: Bitcoin's public blockchain allows for transparent tracking of donations, enabling donors to verify their contributions and see the overall progress of the fundraising campaign.

• Growing Adoption: The campaign highlights the increasing adoption of Bitcoin for fundraising and supporting various causes, showcasing its potential to empower individuals and organizations worldwide.

In essence, this story illustrates how Bitcoin's unique properties are being leveraged to support Julian Assange's legal defense, emphasizing its role in fostering financial freedom and enabling borderless support for important causes.

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