Iran has long been at the receiving end of a hegemonic global system. Many experts say that unjust sanctions have been imposed upon the country by the powerful states, led by the United States of America. In this context, when Bitcoin reaches a user in Iran, it seems to reinstate its reputation as an economic instrument which can transcend national borders and arbitrary restrictions.
The Lightning Torch experiment involves users transferring a small amount of bitcoin money around the world in order to test the efficiency of the electronic payment method over other existing modes of payment. The experiment which is in its Beta stage has reached a user, Ziya Sadr, in Iran.
A Resistance of Sorts
The Lightning Torch experiment has been termed as a non-violent resistance by many. It shows how Bitcoin can reach anywhere in spite of political blockades, which easily tampers normal financial and economic activities.
It shows the political neutrality of the coin, and how it can act against censorship. The Lightning trust-chain, as it is being called, is proliferating. People like Twitter CEO, Jack Dorsey and Elon Musk have participated in this chain.
Next Stop Israel
After reaching Iran, the Torch is to be sent to Israel. In spite of tensions between different countries at a political level, the technology now aims to enter Israel. Given the relations between Iran and Israel, this will be an even more significant victory for the experiment.
The experiment had aimed to show how a connected world without arbitrary restrictions to innovation and transaction can be like. This has been at the heart of the Bitcoin technology from the very beginning, and this experiment is aimed to further those goals. As long as the torch stays lighted, more such victories are expected for the Bitcoin community and the international community at large.
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