Bitcoiners in Hong Kong protests?

[Wind_FURY]

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.

[mk4]

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.

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

EDIT: I'm an idiot. Thanks DooMAD.

[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.

Someone should probably make a topic on the 日本語 (Japanese)[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.

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

Or, better yet, the Chinese board.  

[franky1]

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 today the government is withdrawing a potential bill that if it were not withdrawn would cause more chaos.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

[kryptqnick]

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.

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.

[DdmrDdmr]

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)
2010. Bitcoin promotion oportunity: Bank Mutiny in Europe for December 7

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.

[franky1]

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)
2010. Bitcoin promotion oportunity: Bank Mutiny in Europe for December 7

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

[enhu]

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. 

I'm not sure in what way bitcoin is gonna help them succeed in the protest, there were more slogans and posters raised relating cryptocurrency during the time of protest. Finally I would respect and salute the people of Hong Kong who have been strong taking the protest for such a long term and never leaves the field at any instance to get their freedom.

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. 

[stompix]

Someone should probably make a topic on the Chinese 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.

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.

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.  

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.

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)
2010. Bitcoin promotion oportunity: Bank Mutiny in Europe for December 7

I don’t like linking the two being linked together artificially in an attempt to promote BTC.

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  

[Upgate]

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

[dothebeats]

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.

[BIN-BIN]

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.

Someone should probably make a topic on the 日本語 (Japanese)[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.

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

Or, better yet, the Chinese board.  

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.

[royalfestus]

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.

[franky1]

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

[bustedsynx]

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.

[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.

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.

The protests have no direct ties to Bitcoin at all.  But articles like this one 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.  

[franky1]

I mean, maybe there's a cost for printing all those placards they seem to be carrying in the photos I've seen

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:

[hatshepsut93]

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.

[franky1]

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.

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

[hatshepsut93]

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?

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

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.