Every year the world seems to be getting crazier and more people are starting to realize that it stems from oppressive government transgressions against a peaceful society. The world has noticed millions of people from France, Hong Kong, Venezuela, Indonesia and more are rising up because citizens are sick and tired of the manipulation. Because of all the money printing, hyperinflation, capital controls, austerity measures, and privacy-invasive tactics, groups and individuals have discovered that cryptocurrencies are profound tools for achieving economic freedom and the interest in permissionless money has only just begun.
Also Read: Money and Democracy: Why You Never Get to Vote on the Most Important Part of Society
Individuals Worldwide Are Protesting Against Oppressive Governments and the Growing Wealth Disparity
Three years after the 2008 economic crisis, the Occupy Wall Street (OWS) protests started in New York City’s Zuccotti Park and quickly spread across the world. OWS protest camps were staged internationally and there were many other types of similar demonstrations like the Arab Spring protests, the British student protests, the bank bail-out protests, and the Iranian election demonstrations. All of these activists had been fighting against economic inequality and the huge wealth disparity within the world. Now, little more than eight years later, people are rising up again for the same reasons. Revolution-style protests are taking place in Argentina, Venezuela, Indonesia, Netherlands, France, India, Russia, Hong Kong, Chile, Lebanon, Peru, Haiti, Egypt and Syria, and the whole world is watching closely.
The Argentines have literally watched their government destroy the economy slowly. The socialist leaders recently initiated currency controls as the country’s central planners have failed to fend off hyperinflation. In September, the Argentine government told the public the peso was extremely weak and restricted foreign currency purchases. Hundreds of thousands of Argentines took to the streets in Buenos Aires demanding that the government fix the situation.
There’s also been a massive food crisis and nourishment has been hard to come by in the Latin American country. Ivan Martinez, a protester in Buenos Aires, told news outlet Al Jazeera: “The situation is dire for all of us.” “I’m a construction worker but there is no work. It’s difficult to feed my children. That’s why I come here because the president’s policies are slowly killing us,” he added.
Similar to Argentina, Chile is also facing serious economic problems and the country’s citizens have risen up in protest. For a while, Chile was known as Latin America’s economic powerhouse with seemingly never-ending prosperity. But this year is very different as Chile is suffering from rapid inflation and pension shortages. The government has been raising prices, despite the economic outlook, thinking that austerity measures and tax hikes will solve the problem. The capital’s subway operator Metro de Santiago raised the price of tickets to $1.15 during rush hour and Chilean politicians also increased electricity costs by 10%. Much like the OWS protests, the Chilean government doesn’t know who is behind the uprisings that can be seen throughout major cities across Chile. The media details the movement