Bitcoin Forum

Are there Bitcoiners in Hong Kong? How is the situation over there? I believe it should be Bitcoin's time, and help protesters in collecting donations, and help move value in Bitcoin.

Someone should probably make a topic on the 日本語 (Japanese)中文 (Chinese)[1] section to get them to respond here in your topic. I'm not sure how much people there knows how to speak english though; and what percentage of HongKong-ers there are on that subforum.

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[1] https://bitcointalk.org/index.php?board=252.0https://bitcointalk.org/index.php?board=30.0

EDIT: I'm an idiot. Thanks DooMAD.

While holding BTC should certainly help mitigate any of the economic turmoil resulting from the protests, I honestly can't say I've ever considered the potential for using BTC to directly support a protest.  It's not beyond the realm of possibility that someone not from Hong Kong could register a website and put up a donation link, claiming it's to support the cause.  Suddenly it's a morally ambiguous opportunist's free-for-all.

And if you are a genuine protester, do you really want to be putting your personal details online to verify that you are from Hong Kong and are directly involved in the protests?  Fear of recriminations would be high, I suspect.




Or, better yet, the Chinese board (https://bitcointalk.org/index.php?board=30.0).   ;)

1. the protests have been going on since june.. bit late to the scream party
2. today the government is withdrawing a potential bill that if it were not withdrawn would cause more chaos. thus he has now allayed the reason for the protests.. in short they have no reason to protest
3. a protest is just people turning up and shouting... what exactly would be donated.. mouth wash, shoes? hong kong aint that poor
4. trying to use proper political problems as a gimmick for some bitcoin advertising where one person has to convert fiat into btc for like 1 hour which gets converted to another fiat is not good use case of bitcoin. the fee's alone would actually sway people away from using it

I am not sure people who take part in Hong Kong protests will be glad to share their thoughts. After all, the Chinese government can try to use this data to trace and repress these people, so it's somewhat dangerous. Just think how convenient it is for China, the country that's not very welcoming when it comes to cryptos, to arrest people with a combo: cryptos + protests.
But these two things are not completely unrelated. I've found the following article explaining the connection between crypto adoption and Hong Kong protests: https://finance.yahoo.com/news/hong-kong-protests-accelerating-bitcoin-184623552.html.

Using protest to try to promote Bitcoin seems a bit far-fetched, but seems to have been an idea that cropped-up early enough during the first years of Bitcoin (in a completely different awareness context):

2011.  Protests in Spain: A BitCoin promotion opportunity. (10 BTC bounty) (https://bitcointalk.org/index.php?topic=9657.msg138977#msg138977)
2010. Bitcoin promotion oportunity: Bank Mutiny in Europe for December 7 (https://bitcointalk.org/index.php?topic=1644.0)

I don’t like linking the two being linked together artificially in an attempt to promote BTC. These situations are delicate enough as they are, and political issues may backfire any spur in BTC awareness to be gained. Economic straits on the other hand do it in a much more natural manner, as currently seems to be happening in Venezuela and Argentina as of late.

political protests themselves dont cost anything really just som mouthwash and a clean pair of socks. its just people standing in a group and shouting after all
but the difference between hong kong and other protests, is that hong kongs protest is about extradition which does not affect economic balance. however other protests in the past were about economic balance where bitcoin would have ben a safe harbour asset to hedge against fiats in politicly economic inbalance

again donating just to the protest itself is just suggesting to buy mouthwash for the crowds(a waste basically), as thats mostly all they need. but when peoples retirement/pension plans dilute to near zero and ar facing losing their houses due to political economic policy changes. then people need a currency to escape to that will allow them to keep/save value. before its diluted if kept as their native fiat

Hongkong may find help thru BTC to fund the fight over this law they are trying to revoke. It would make sense for a crazy rich Hongkoners to also put their money into crypto.  ;D


In 2047 when finally Hongkong will be under the law of mainland China, I would really expect a resistance over it and will have the revolution again. Hope it won't start a war. 

Unfortunately, that board was of no help even when everything and everyone was focusing on what the national bank of China was going to do or what has it done about cryptos, I really doubt it's going be of any help now especially with the media censorship.
Besides, any opinion from a crypto enthusiast would be highly biased, it would be normal for someone spending a lot of time around the forum to have friends interested in BTC but those would still be a small part of the population.


Other than people in HK I really doubt there are too many here that care what will happen in 2047.
I would be really close to seventy by that time, probably I would monitor my bladder 100x times more than world events, especially happening 10k km away.


I don't like that some are trying to use any bad situation like the Cyprus bank crisis back in the day to promote BTC.
People tend to forget that those crises come with costs for those that are living there, for those that are losing their money their job and their home bitcoin won't be able to help. So, you saved some money in BTC if the whole infrastructure around you is crumbling and you and everybody else need to sell BTC to buy food what is going to happen to the price? If a real crisis happens, like the one that hit Europe between the two ww, cryptos won't be able to do much ina total meltdown, just like gold hasn't.

ps.
zerohedge+bank mutiny inevitable = fail  ;D

What would any bitcoin protest yield it is going to only give Hong Kong bitcoin cycle are rebellious name.
Bitcoin is waxing in Asia and any protest might be a strong point to hold on for bitcoin atheist

Protests in Hong Kong is getting worse and worse day by day, although it is not really publicized that much because, errm, reasons from the Western media. As for bitcoiners in there, I don't think this is the right time to think about that since the Hong Kong people are in there for their rights and some other bargaining from the Mainland. This does not include any economic talks or whatsoever, as we know that Hong Kong in itself is doing well. Bitcoin isn't an apt talk to a political problem which stems not from an economic standpoint IMO.

My question is what is the protest for and why is there need for donations before protesting, is the Hung Kong government against bitcoin and have they formulate a policy that have direct impact on bitcoin transactions that warrant protest.

This is ridiculous, though short but had to read through to thread to understand how this could help. This is a long run protest they dont know the view of the world to their protest and someone coming out on behalf of a nation is not satisfactory, maybe too late also. They should come as a group and describe the mode of collection and spending. In my short time here, people dont turn out for charity in cryptocurrency they are more about the profit.

summary:
topic creator has not done the research to realise that protests of 2-3 months have ended. the government pulled the bill that would have prolonged protests if not pulled.
(protesters have nothing to protest against now.)

basically old news, nothing to see here. plus donations wont help and will be a waste. so double nothing to see here

Yeah, the OP is a bit too late. However, we still have to wait and see if the protests spill over to the real angst among Hong Kongers. The extradition bill is just a catalyst to the many tensions in island. Maybe they will demand independence from China, who knows.

The protests have no direct ties to Bitcoin at all.  But articles like this one (https://gadgets.ndtv.com/others/news/masks-cash-and-apps-how-hong-kong-s-protesters-find-ways-to-outwit-the-surveillance-state-2054422) do highlight the desire for privacy from the protesters, so that's a point that could be worthy of discussion.

As with others, I'm not convinced there is a need for donations.  I mean, maybe there's a cost for printing all those placards they seem to be carrying in the photos I've seen, but still, seems like a bad idea.  I still believe it would likely encourage scammers to pose as a protester and ask for funds if they thought they could get away with it.  

if you see different people with the same placards, you need to realise that those making them standardised placards, sell them.. protests have become a business these days.. those selling placards dont make a loss
prime example:
https://e3.365dm.com/19/08/736x414/skynews-hong-kong-protests_4737810.jpghttps://media.pri.org/s3fs-public/styles/story_main/public/images/2019/06/2019-06-16t085703z_620144072_rc1273de12b0_rtrmadp_3_hongkong-extradition-2.jpg

Theoretically Bitcoin can be quite useful, especially if those who receive donations will use mixers before selling coins on exchanges to buy supplies - it would prevent government from identifying protestors by looking at their bank transactions. But on practice Bitcoin awareness is still too low for Bitcoin to become the primary method of donations - we can see from all the other protests in the world that Bitcoin is used very rarely in them.

i could mix btc millions of times.. but when i go to an exchange to get fiat.. and use fiat to buy supplies.. yep fiat traces pop up
i could buy supplies in secret, but its hard to hide a placard if the purpose of a placard is to be seen.. once seen, yep traces pop up

also holding/supplying a placard is not illegal. so trying to phrase it like btc is needed for legal/privacy protections is twisting reality.

using privacy fears of a PUBLIC event is a stupid sales pitch for btc utility

Are you aware that people get beaten, mutilated and jailed for participating in those protests, or are you just trolling as always?


But with Bitcoin and mixing identities of donators are protected, while with traditional payments they might be not, especially if they were done via a local bank or payment company.

Summary, franky1 is not reading the news:
Hong Kong protesters vow to stay on the streets despite Carrie Lam concession (https://www.theguardian.com/world/2019/sep/04/hong-kong-will-scrapping-extradition-bill-end-the-protestsHong Kong protesters vow to stay on the streets despite Carrie Lam concession)


There are a few countries out there in which holding a placard might land you in jail, and that if you're lucky.
And contrary to what some believe, holding one with f** Clinton or Trump won't get you in anywhere near that much trouble as a f*** Xi or CPC one.


Sometimes he's not even trying to troll, he really believes what's he is saying no matter how ridiculous that is for some of us.


Why are there protests in Hong Kong? All the context you need (https://www.bbc.com/news/world-asia-china-48607723)
And, by the way, I really have a feeling the government is not that hung, after all the Chief Executive of Hong Kong is a female  :D :D

That is a good idea, to used bitcoin in the Hong Kong for a donation, and it will improved the market, which every one known that bitcoin is the number one of alt-coin in the cryptocurrency industries. 

there were Hong Kong protestors suggesting bank runs last week, but this didn't materialise in the end.

Direct Bitcoin use in commerce was suggested as a part of the same basic strategy of taking economic power away from the Chinese and/or Hong Kong governments, and there were reports of a number of Hong Kong businesses accepting multiple cryptocurrencies in support of this. But it's not quite caught on fire, so to speak, just yet


Hong Kong would be a fantastic test case for a significant or dominant Bitcoin based economy; developed 1st world country, good/well established business culture, lots of tech and techy people, small geographically, high population density.

I don't like the ideology of trying to raise donations to protester by using bitcoin. This can silently be done without any public notice. I don't want the government to point a finger to bitcoin that it was used against the state.

Why? Is it "late" to use Bitcoin in everything else?


Wrong information. That was only one of five protester demands. There are four more reasons to protest.


Don't protesters eat? Is a little help from Bitcoiners unwelcome?


Political gimmick? Then what use is a censorship-resistant money?

I heard Bitcoin Cash is being used in the protests, with BCH QR codes for donations printed in water bottles. Users must be careful, because they might send Bitcoins in them. 8)

There are several things being done with Bitcoin in Japan as part of their protest, like this https://news.bitcoin.com/cryptocurrencies-such-as-bitcoin-cash-shine-during-hong-kong-protests/ and https://news.bitcoin.com/cryptocurrencies-such-as-bitcoin-cash-shine-during-hong-kong-protests/

So basically what is happening is that the protestors are trying to use any alternative to government backed organizations and technologies to boycott their government and this is what Bitcoin is meant to be. <An alternative payment option, when the first option fail for some reason.>  ;)

Protesters still keep their identities private, especially since their police have been stepping out of bounds with their arrests. They even resorted to using dyed water (https://www.bbc.com/news/av/world-asia-49536000/hong-kong-blue-dyed-water-fired-at-protesters-defying-ban) at some point to make it easy to identify those who participated after the fact, because they don't know who the protesters are. Bitcoin absolutely can help in this case, especially if other retailers follow the lead of stores like this (https://twitter.com/bitcoinorghk/status/1165828655806681089?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1165828655806681089&ref_url=https%3A%2F%2Fwww.cryptopolitan.com%2Fcryptocurrency-adoption-in-hong-kong-rapid%2F).


Can't get donations if you don't raise awareness, unfortunately. Sure this might put Bitcoin in some crosshairs, but events like this show off one of Bitcoin's strongest use cases. If it shouldn't be promoted here, where should you promote it?

Or Bitcoiners on the ground just be in involvement directly with the protest, and, as a start, help out with donations. Protesters are losing precious hours from work, they need to eat too.

it wouldn't work with anything except the oldest possible wallet software, the address format has been different for a long time now.

I didn’t know of any protest going on in Hong Kong as regards bitcoin and what led to the protest but I doubt if you will get anyone here who would disclose is identity; don’t forget that we are all operating an anonymous system. Bitcoiners might be protesting, but we need to understand the level of acceptance of bitcoin in Hong Kong and how many people are really using the system.

One thing about protest is that it is meant to attract more people who are in the same line of thought or same community of bitcoin to join, but if we still have very low compliance in Hong Kong, this protest may not be a successful one because their voice would not be really heard. I don’t think this would have been the right time for such protest to emanate.

I was not aware of the Hong Kong situation until i see this thread, hope it is regarding the extradition bill and i was dumbfound when i saw that 5 people are dead during these protest. I am yet to read the extend of these protest and the way in which the government is dealing these protesters by silencing everyone with brute force rather than sorting the root issues they have at hands.

It is really great to see people trying to overcome any government regulation with the help of alternative payment methods but what if the government put a temporary ban on its usage until everything is calm. The way in which they have dealt these protest makes me wonder that the government will do everything in their power to stop any protest even banning alternative payments methods to fund any movements.

Economically speaking, Hong Kong is doomed anyway. When these demonstrations would settle, they would have a stricter policy on payments and China would make them realize who's the boss there. With no Chinese tourists and Chinese business, Hong Kong would be nothing. If China could economically control the politics of Taiwan, a far away political land, they'd punish every Hong Kong activist and helpers unless they leave the country.

True. Hongkongers should be grateful China shows respect when they could just cut the lines and force their power over Hongkong. If it weren't for the one country two system agreement, these protest could have ended in just a day.

The people in China has much respect to their government that they look at it as their father and do as what their father says. Technically Hongkong is part of China whether they like it or not China will take over Hongkong sooner but this protest has been prolonged too much that I think is funded to weaken China's economy.

The protest in Hong Kong has been going on for a while now and I read that the controversial bill has been withdrawn which to me is a great start to resolving the debacle that have led both parties to this point.

Donating bitcoin for protest purpose is not something I would want to encourage in my opinion because of the aftermath that could result from such action. Governments for one is not favorably disposed to bitcoin neither are they favorably disposed to protesters and would look for every means necessary to discredit either of the two. Donating bitcoin for that purpose, a propaganda could be launched to claim foreign individuals are the one sponsoring the protests and are funding it through "illegal" means this if pursued successfully could affect the credibility of the protests and thereafter defeat the purpose why the citizens are protesting.

Basing it from the news and from what my friends who recently visited in Hong Kong the violence and protest had ended already and what the media is doing is just inflating the whole commotion. The bill has already been withdrawn and what we are seeing now (or what we don't see) is just the media showing what they want to see happening in Hong Kong. Even before this news of the bill being withdrawn I have friends who visited Hong Kong and they say that the violence was just happening in a small part of Hong Kong.

Is that why the donations weren't processing? Hahaha.


Of course. A country under a nationwide strike/protest would be a state of national emergency, and would require international intervention.

But the protests lasting since July is impressive. Next protests, maybe Bitcoiners should raise their arms in support.

They should not. China shows respect only bcz by doing so their leaders' gain is far more than loss.
Quite a few high ranking CCP leaders actually want Hong Kong to remain a city of libertarian capitalism so their agents in Hong Kong can happily launder their money collected from corruptions and covert it into USD.
I.E.  http://www.ejinsight.com/20140703-pro-beijing-media-quotes-rumor-of-xu-caihou/



Emmmm, I am a bitcoiner. But I won't raise arms to help those protests.
Since June, I have seen so many lies and much violence made by both sides that I would support neither.

End can never justify the means.
If people don't stick to this principle, after overthrowing an asshole, they just put another group of motherfuckers in power or the freedom fighters themselves turn into bad guys.
That is the exact lesson learnt from Iran Revolution in 1979.

BTW, can you read Chinese?

I respect your opinion. It's the reason why I'm asking if there are Bitcoiners in Hong Kong, to know the situation.


That's true, but maybe Bitcoin can help as a neutral-money for donations in case the government is giving the protesters a difficult time. Freezing bank accounts perhaps?


With Google translate? 8)

The protest continues. I believe it's time for Hong Kong Bitcoiners to join the crowd, and make their own banners, and chant, "Buy Bitcoin, and HODL". Hahaha.

https://www.latimes.com/world-nation/story/2019-09-08/hong-kong-protests-whole-system-rotten

it would make far more difference if they chanted "Spend Bitcoin, not HKD! Accept Bitcoin, not HKD!". especially if people started to actually stop using the HKD as money.

Looks very close to BREXIT.  ;D

They already banned BTC in the past. Don't you think Its going to raise an alarm to the government and will cause the crash again if they once again bann?

I'm not sure about it. Looking in the past bitcoiners showed to be more silent community and not particulary socialy or politicaly engaged. I'm not saying they shouldn't be, just they didn't show such face so far. Also, I'm not sure this would be clever idea that would have positive impact, not in current situation.

No one says that they need help to win the Protest because I am certain that only few of protesters are engaged in crypto also but your right they need help.

I have friend in Hong Kong that also a bitcoin holder but he’s not part of any protest though they are affected because in any place protest are just pop up without any signal or indications(those organizers are really good at this job)

I think just by holding crypto will keep them safer because atleast their online asset will help them out Incase this issue turns larger and harder to face

That might happen, but there might be a problem against the government, because it is clear that the authority that the government has can take action to block it so that fundraising can not occur.

I can read Chinese so I never bother using it.
But sometimes I use it to translate Japanese into English so I can learnt another point of view from Japan.
I think it is not bad.
However some of my friends using it to translate Japanese into Chinese claim it sucks ??? ??? ???


I don't think protesters in Hong Kong need a neutral-money, they just need US dollars.
Remember the scene that crowds of protesters weaving US flags?
So naive to ask the govt who persecuted Julian Assange world wide to free them.

Bitcoin is never banned in Hong Kong.  ??? ??? ??? Did you confuse it with mainland China?
If I remember correctly, bitmex and bitfinex both locate in Hong Kong.

I can't help but play the devil's advocate here given the phrasing of OPs statement. It seems as if the objective was simply to "collect donations" and "help move value in Bitcoin."

We are talking about the destiny of a people here and not merely the opportunistic tendency to take advantage of this simply to "move value in Bitcoin"

Replace Bitcoin with guns and you see what I mean.

"Are there gun owners in Hong Kong? How is the situation over there? I believe it should be time for citizens to have guns, and help them in collecting armaments, and help move value in the military industrial complex"

Let two issues, be two separate issues. Let the Hong Kongers define their fate. Bitcoin is apathetic. That's the hard truth.

Point number 1. IF the Hong Kong protestors feel like they need Bitcoin, then by all means, Bitcoin should be the best alternative they have against their current fiat and banking system. Anyway, it is still far from possible to live life entirely on Bitcoin. There are many problems when it comes to the collection in the form of Bitcoin donations. Why? Because you still have to trust multiple parties. Who are you going to trust when the HK movement is decentralized?

Point number 2. I don't quite recall how many miners are operational in China right now - but I believe most miners are manufactured there? And if the miners are asked to leave China - then that goes to show that it was once a powerhouse in terms of hashing power. Maybe it still is. I don't know. But if it is, then wouldn't the threat of a **seceding territory** using an alternative cryptocurrency, give rise to aggressive interest from China's cyber ops? And if they are planning on launching their own cryptocurrency, does this mean that they have enough hashing power to actually launch a 51% attack on Bitcoin if they decide to configure it for such an endeavor? China is one of the major cyber security threats.

Point number 3. Bitcoin is not 100% anonymous - it is pseudonymous. Actual companies actually try to de-anonymize Bitcoin transactions using complex algorithms all the time. I would think that China's IT capabilities and infrastructure place it in a position to actually accomplish a possible 51% attack if they wanted to. But who knows.

Point number 4. Even if donations were done in Bitcoin, where are they going to spend it on? Are they going to create an alternative government? This is highly politically-economically charged.

Remember, under the Sino-British declaration which mind you was ratified in the United Nations, Hong Kong is technically a part of China. And China is a member of the UN Security Council.

In theory, and only with the purest of intentions, Bitcoin along with some privacy coins offer a viable alternative. But the human element always comes into play. Where to spend? Who to trust?

Even if it became successful somehow - there's always the threat of People's Liberation Army troops knocking the heads of protestors until they divulge their private keys.

Please, and you should.


But Bitcoin does help in the destiny of not only "a people", but "all people" as a form of censorship-resistant, trustless, sovereign ownership of "a money", and it's apathetic. 8)

Gun is a tool, Bitcoin is simply another tool.


Relax. The people must start somewhere, and it will be a slow process. Let it find its niche.

Bitcoin transactions through LocalBitcoins might go to an all time high in the middle of the Hong Kong protest. Yes, it's not stopping.

https://pbs.twimg.com/media/EF6NNlrUUAEUtsX?format=jpg&name=large

Bitcoiners from Hong Kong, stick QR code stickers for Bitcoin donation addresses on their protest signs! 8)

https://pbs.twimg.com/media/EF4nCdLXoAASqcW?format=jpg&name=small

I am not sure whether Hong Kong banned bitcoin in the past, China had a trading ban in the past but Hong Kong had a different rules and regulation as far as i know as majority of the companies from China shifted to Hong Kong when they banned crypto based companies. The trading volume in LBC is at an all time high in Hong Kong as per reports and if the government forces the entire process will go underground and the government will find it difficult to track the real flow of money.

I thought the extradition law was canceled by Carrie Lam? [1] (https://www.bbc.com/news/world-asia-china-49575381). I know it was getting out of hand with all the violence and vandalism. I still saw it too. I know that there were announcements that it's stopped. I've been to Hong Kong last month and it's quite peaceful. There are just some places that you are needed to avoid in order not to get caught up by the on-going protests. Not sure about the situations with the actual residents now though.

I just don't know why they are still doing protests though. I know that Hong Kong has been declining in the tourists too.

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[1] - https://www.bbc.com/news/world-asia-china-49575381

I believe that's only one of four other demands. Plus it's a protest, not a revolution. Hong Kong would be closed to ALL tourists if the whole is region is in a state of uncertainty.

Well, Carrie Lam accepting the blame with the political crisis that is happening in Hong Kong is a gutsy thing to do, and I think I respect her for that but with the other four demands left, I read it was five demands and four left, it still hasn't stopped. I can't believe that lives were taken first before anything has been retracted. Just like Joshua Wong said, "it's a little too late".

The only thing that Bitcoin could help is that to prevent taxes and getting away from their government. Using that as their currency without any other middle party. That could be related to the increased transactions on LocalBitcoins.

Plus Bitcoin's usage for donations, spending, or anything in the protests could be a catalyst, and set its path to become a political tool, and as a form of leverage for the people.

Hong Kong has been engulfed in a series of protests as tensions over its relationship with Mainland China have been inflamed by recent proposed extradition legislation to the Mainland. Cryptocurrencies and Bitcoin were built to address several of the most pressing points in the Hong Kong protests, which are at the forefront of what it means to protest against a state equipped with all of the sophisticated technologies of the 21st century and the unrestrained ability to weaponize those capabilities against its citizenry. Many cryptocurrencies are moving towards enabling transactional anonymity, and a host of tools exist to make it easier to anonymize transactions.

It's been really crazy the past couple of years due to the tension between mainland China and Hong Kong, and every subject has become a heated discussion point.

Carrie Lam did take the blame for everything, which I actually respect a lot, and I think it'll help things a lot.

The problem here is, well the problem I am assuming is the tax evasion and anonymity that crypto-currencies like Bitcoin offers, and I'm pretty sure the government wants to be able to see what people are doing.

Just came out of this last week when I met a couple of friends living there and who participated in the earlier ones. They aren't bitcoiners but really had been considerimg using bitcoin but only to heed the advice of some organisers in their area to keep some of their.movements private.

Apparently they had been tracking debit spends to pinpoint locations even with public transport so prepaid bitcoin tickets sold on behalf of others was a real thing! Interesting times to be sure.

Protest in Hong Kong is not have relationship with bitcoin, People in Hong Kong protest to get freedom from China and Hong Kong want to have their own law, Bitcoiner do not have relationship with how Hong Kong protest for again China and do not have effect for bitcoin price going up or going down because they are not allowed bitcoin.

just as the protests were dying down another one starts for a new reason

this time the novelty gift to sell is not placards, but facemasks

The "corporatization of activism". That's reality, but that doesn't change the fact that Bitcoin, as a censorship-resistant cryptocurrency, can play its part against "the people's struggle against state repression".

Protests in Hong Kong is not about bitcoin legal or not, protests in Hong Kong asking for freedom from China and Hong Kong want to be peace and do not care by China in their country, do not have relation with bitcoin and protests in Hong Kong. They want their country become self confidence without have interfere from China.

bitcoin price skyrocketing in hongkong because of hongkong protest we can have similar kind of price high in south america as well due to hyper inflation

I believe you didn't look into the "Bitcoin can be used as leverage against state sanctions" standpoint. That, and proof of work as a hedge for countries when Bitcoin is rising. 8)

Not only India hongkong everywhere in the world Bitcoin has the market to buy and sell. If you want to to take the Bitcoin to next level you might be a President of US or somewhere in European region.
Then this bitcoin regulations are completely based upon the government regulations not all can control it.

O don't know, but I think what you have suggested isn't a good idea for the reason that we all know how dangerous the Chinese government is. They even have their own social media, that's why I think they can locate and record different online activities of their people. Besides, they don't need donations, what happening there is the dream of Hongkong to be free to China.

"Modern problems require modern solutions." Someone should make those projectors project the Bitcoin logo. Haha. 8)

Are there any Hong Kong residents in the forum?

https://twitter.com/prisonplanet/status/1181949784451629056

I am a protestor in Hongkong here. Situation here is too bad and the authorities have almost zero care towards fellow people. I am holding my Bitcoin for sure. I think governments are just using people for their own good. For so long hong kong people supported chinese people. Now when we are against them and asking for our rights they are doing this for us.

Apple removes HKmap-live app after China pressures the company. The app was used in Hong Kong by the protesters. What Apple is saying is, "the app was being used maliciously to target individual officers for violence”. But there's no proof, and Apple might have removed the app to protect its business-interests in China.

Apple needs their sweat-shops. Haha.

https://daringfireball.net/linked/2019/10/10/cook-hkmap-live-email

Bitcoiners hong kong protest about the situation in their country, they want to banned bank system and withdraw all their money in the bank, good thing if all hong kong citizen want to move their money in the bank to bitcoin or altcoin, have big effect to make bitcoin and altcoin price higher with Hong Kong citizen because they have much money in the bank.

no need to ask, take your rights

but don't expect people to respect you if you believe you have a right to destroy their possessions.

be very careful which direction you point your moral compass, especially when you have this very tense situation

to win, you must keep other Hong Kongers who do not protest on your side. Chinese/HK gov know that's powerful. They will try to get the non-protesting people to dislike you, which is why you must be so careful.

Yes am a bitcoiners and i'm here in hongkong now as a nanny. The situation here are not good. There are many protesters  here some train not stop operating. Becaus protesters are violence they are throwing ah gas with fire at any kind of builing. So hongkong now is not safe.

There are a lot of bitcoiners or bitcoin users in hongkong. With the current conflict between the pro-democracy groups and the beijing loyalist constant protest were held and people are already suffering including their economy. It is no wonder that many hongkong citizens are now buying bitcoin. If you want to check at localbitcoins you can find there a huge volume of peer to peer transactions. If the protest will continue hongkong dollars will decline and people will continue to migrate into bitcoin.

Anyway check out this article to see how the conflict in hongkong have created huge impact on bitcoin: https://thenextweb.com/hardfork/2019/10/02/localbitcoins-sees-huge-spikes-in-usage-during-hong-kongs-political-unrest/

To win, there should be a break in the chain of command from the other side, and convince that broken part of the other side to join your side. Divide and conquer.

Protests should be peaceful, and non-violent. If the other side uses violence, let them, and show the world. Don't fight back. The non-protestors will gather behind for support.

Bitcoiner hong Kong protest with the law by China, they want their country have manipulated by China and give bad impact for Hong Kong economic, they have try to allow with every law by China and take away by Hong Kong protests good positive law in their country, Now protest in hong kong have back to their house and condition there have been safety.

The "small protest" is slowly evolving into a civil unrest. Hong Kong's civil servants are joining the crowd, I believe the passionate Bitcoiners should also do what they can now. Donate, advertise, promote, short the banks/HODL. 8)

https://www.aljazeera.com/news/2019/11/hong-kong-official-chides-civil-servants-joining-protests-191105042826618.html

Before the Hong Kong protest is over I read all the banks are closed due to the mass protest by the people. Thus, all the protesters have no choice but to use cryptocurrency in form of money. When I read the news, I thought the Hong Kong protest would boost the bitcoin price in the market but sadly not maybe next time I guess.

I also have my friend in Hongkong and right now, things are doing fine already. They can transact already whatever transactions they want including with those crypto enthusiasts compared with those previous days wherein they just want to stay inside their homes to avoid the war outside. Now, things are back to normal and crypto exchanges continue to operate for those who want to make crypto transactions.

I found someone from Hong Kong who might give more information about the protests, and how we can help. Does anyone know where we can order made to order face-masks, or t-shirts that accept payment in Bitcoin? 8)

The worse thing in all this to me is that my local news is blocking all of these news, even though it has so little to do with us and is rather far away. My country has almost nothing to gain with China but to please them we just try not to show all the "bad news". China itself is being quite silent about the whole thing too, but I fear soon they will do something about this whole mess, and maybe about bitcoin itself.

That's terrible and frightening situation. on that day bitcoiners in hongkong really fighting for their freedom to use bitcoin. because they really see that if they use bitcoin they have liberty to their funds and they are not just easily manipulate and control by their government. with this happening all hong kong citizens will surely make their own way to safe their crypto funds and not over controlled by chinese government. however, does this work of the Chinese government last? and they are still cracking down on bitcoiners even if they are already using the blockchain system and even making their own cryptocurrency?

Sad to hear that Hong Kong protest not over yet and China plans to impose national security laws in HK after months of anti government protest, as they said the violence happening there should not be tolerated and accepted by any nation in the world. It is creating an alarming for the people, because of this, the economy of Hong Kong is fluctuating.

I do not usually expect too much from some of these activities because you will first of all consider the type of people that are protesting and also look at how well doing they are, most of the protesters you see are average people, and if you look at their bank account, they don’t even have much savings because of the numerous responsibilities that has taken their savings away, so how do you expect their money to even make impact on bitcoin value when you know how much of billions of dollars it will take for bitcoin to make a leap form one stage unto the next stage.

For bitcoin to jump by $1000 alone, I think that it will require about $56 billion and that is not a small money man, how much does all the protester shave that their closing of banks will make them to start using cryptocurrency.

Some Chilean protestors using lasers to take down government's drones. Haha. Some comments say that they learned that from the Hong Kong protests. 8)

https://twitter.com/netsecfocus/status/1194574626761904128?s=12

Latest from the protest. What does this remind YOU of? Learn your history.

https://twitter.com/sloth_on_meth/status/1196426826731708417


For anyone who wants to indirectly help in the Hong Kong protests, someone endorsed this donation address to me, https://www.hongkongfp.com/support-hkfp/

That's the Hong Kong Free Press.

Of course there are bitcoiners in Hong Kong, but I do not understand how you can help them in reality?

buy things from people in Hong Kong who are resisting the Chinese Communist Party. That undermines the bullying regime in the most powerful way, without resorting to violence.

People protesting in Hong Kong are are doing that for their democracy and and liberty for their people. I am not sure why we need to mingle up this country issue as the Bitcoin is problem.
Cryptocurrency is there to to revolve around the financial sectors and all financial medium but Hong Kong protest is not at all related to that.

Or donate, directly or indirectly. We should donate Bitcoin masks, and hoodies!

The person from Hong Kong also gave me this donation address, https://hkmap.live/crypto.html#btc

I didn't know why he gave me a donation address for a Hong Kong map app, then I remembered. The protestors use the app to coordinate and look for where the police are.

Apple took down their map app from the Hong Kong Appstore, probably under the order of the Chinese government. Apple had to comply, or they will lose cheap, slave labor. Haha.

I believe there is a place also you can go on Telegram that will let you get into contact with certain people whose telegram number is always changing. I think HK police on orders of china are monitoring HKFP bitcoin address and will try and later link people.

They arrested 12 yr old boys and shot people. This is getting bad.

not convinced that's going to help long term tbh

Hong Kong is well-placed to be the blackmarket link into the Chinese industry from the rest of the world, not just geographically but logistically too (Hong Kong already plays this role and has done since before re-establishment of Chinese administration).

I don't know for certain, but Hong Kong probably already is the black market link from China to the rest of the world. Anything we can do to encourage independent Hong Kong businesses that are operating outside of Beijing's control is going to help Hong Kong more than buying masks for university students.



and that's ^^^ why.

These Hong Kong protesters feel like they're prepared for a war, but they're not soldiers, and they're not an army. Real soldiers from a real army are prepared to act as inhuman as it takes to change the protestor's minds. Right, wrong, justice; none of that matters to soldiers that are "just doing their job". sad, but true.

The protestors could go the physical route, but that means decades of asymmetric warfare. And that means being branded as domestic terrorists. If the do as I suggest, and create a parallel economy instead, they will probably still be branded as domestic terrorists. The difference is, that it's easy to get regular people to believe that a guerilla army fighting for freedom are really just terrorists, whereas smugglers and are harder to turn people against, especially if you're trading quality goods with the local people who the Chinese state need to sell their story to.

In August 2016 we saw the largest Bitcoin exchange in Hong Kong have been hacked for about $ 60 million, with the exchange rate estimated at over 11,000 Bitcoins being stolen.  This proves that Hong Kong people use a lot of Bitcoin.  Today Bitcoin has dropped about $ 400.  I suspect that a large amount of money has been withdrawn from these exchanges.  Hong Kong has a lot of billionaires and maybe they have speculated a lot of Bitcoin before.

Protest in Hong Kong is not related to cryptocurrency, I think the purpose of the above statement is to begin to divert assets to bitcoin because the situation is not possible and the country's currency could be destroyed. i guess like that

I believe people from Hong Kong could learn something from "Fight Club" the movie. Instead of protesting directly in the streets, they should work together hidden, and attacking the establishments "from within". Hahaha.

There was another riot on Christmas Eve.

Hong Kong is called to be one of the leaders in mining the Bitcoin network. In recent cryptocurrency news, they wrote that a large number of capacities, asic devices, were burned there.

This is one of the advantage with anonymous payment systems such as Bitcoin. It is possible to help the protesters in Hong Kong, without the knowledge of the Chinese authorities. The same thing happened in 2011, when Wikileaks started accepting donations in Bitcoin. But then, most of the Western governments were against the idea. One American agency even considered the possibility of launching a 51% attack against BTC.

Nitpicking for the newbies. Sorry, but Bitcoin is NOT anonymous. I believe that was what the early evangelists of the community were marketing Bitcoin as, as a scalable, anonymous payment system that you can use for "free".

Blockchains do not work that way. There are costs, and efficiences.