The Journalist
Amara covered human rights abuses in a country with an authoritarian government. Her sources risked their lives. Government officials, military whistleblowers, ordinary citizens — people who told her things that needed to be told.
For years, one of the hardest parts of her work wasn’t the reporting. It was paying people.
Wire transfers to individuals inside the country were monitored. Local bank accounts were surveilled. Anyone receiving money from a foreign journalist became a person of interest. Several of her sources had been identified not through their communications being intercepted — but through their finances. A transfer appeared. Someone asked questions. A source disappeared.
In 2019, a colleague suggested Bitcoin. Amara set up a wallet. She began compensating sources in small amounts — enough to acknowledge their risk, not enough to trigger patterns in surveillance systems.
Sources held the Bitcoin in mobile wallets, spending in small amounts at local merchants. They never needed to convert to local currency — which would have created a bank record — for everyday purchases.
Amara is careful about what she claims. Bitcoin isn’t a perfect privacy solution. Chain analysis exists. Mistakes in operational security can still expose people. It has real limits.
But for sources in a country where a single bank transfer from a foreign journalist could mean arrest, having a channel that doesn’t require either party to identify themselves to a financial institution was genuinely useful.
This isn’t the primary use case for Bitcoin. Most people who hold Bitcoin are investors in stable countries. But it’s why the properties matter — why censorship resistance and self-custody are worth building into a monetary system.
The people who need the system most are the ones most likely to be excluded from it.
Tomorrow: the week in review — sovereignty continued.
— The Daily Bit
Part of The Daily Bit — 365 days to understanding Bitcoin.
