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Championing Financial Freedom: Lyudmyla Kozlovska on Bitcoin's Role in Human Rights

Feb 29, 2024

Championing Financial Freedom: Lyudmyla Kozlovska on Bitcoin's Role in Human Rights

Championing Financial Freedom: Lyudmyla Kozlovska on Bitcoin's Role in Human Rights

Key Takeaways

Lyudmyla Kozlovska's journey from a Ukrainian activist to a staunch defender of human rights and a Bitcoin advocate is both compelling and instructive. She established the Open Dialogue Foundation in Poland, which has been pivotal in promoting pro-liberty policies and supporting political prisoners and those politically persecuted in authoritarian regimes. Over the years, Lyudmyla's work has evolved to focus on financial freedoms and tackling financial exclusion, particularly through the use of Bitcoin as a bank of last resort for those marginalized by the financial system.

Lyudmyla's passion for human rights was catalyzed by her experiences during the Orange Revolution in Ukraine and was further fueled by personal persecution. After moving to Poland, she faced severe backlash as the Law and Justice party, which took over the government in 2017, began to target various groups and individuals, including Lyudmyla, labeling them a threat to national security. She endured a harrowing ordeal of political harassment, smear campaigns, and legal injustices aimed at silencing her and the foundation's work.

The weaponization of banking data became a significant threat to Lyudmyla and her associates. She detailed how authoritarian regimes collaborated to abuse financial systems and personal banking data to suppress dissent and target activists, leading to arbitrary detentions and even torture. Despite the challenges, Lyudmyla found resilience through international support and turned to Bitcoin, which offered a shield against financial repression and a means to continue her advocacy securely.

Lyudmyla's story is a testament to the power and necessity of financial privacy and the role of Bitcoin in safeguarding human rights. Her foundation's campaign against transnational financial repression is a clarion call for the protection of democratic values and financial freedoms, emphasizing the urgency of the situation and the need for collective action.

Best Quotes

  1. "We defend political prisoners and everyone who are politically persecuted... Bitcoin actually helped us to be the bank of last resort for those who are financially excluded in many authoritarian countries."
  2. "Without no legal ground, I was deemed a threat to national security... It was a political tool as a weapon against those who wanted to defend constitution and rule of law in Poland."
  3. "Bitcoin is a human right... Unfortunately, you have to use it in democracies, because authoritarian regimes are able to weaponize banking data of democratic countries."
  4. "We defend peer-to-peer transactions of Bitcoin, self-hosted wallets, and mixers as privacy instruments... We exclude it. It's not allowed at all in authoritarian, non-democratic states."
  5. "Our financial system is actually broken exposed for these abuses. We should not allow to forget about it and expose this data."
  6. "If you don't protect [human rights and Bitcoin], you lose them. Maybe Bitcoin doesn't need us, but we need Bitcoin."


The podcast episode with Lyudmyla Kozlovska serves as a powerful reminder of the interplay between human rights and financial autonomy. Her narrative unveils the stark realities of political oppression and the crucial role that Bitcoin plays as a tool of emancipation for those under authoritarian rule. It is clear that the fight for financial privacy and freedom is not a distant concern but a pressing issue that has profound implications for the upholding of democracy and human dignity.

Lyudmyla's advocacy underscores the importance of remaining vigilant and proactive in defending the liberties that are often taken for granted. The overarching message is that Bitcoin, beyond its economic implications, represents a beacon of hope and resilience for activists fighting against systemic injustice. The episode leaves us with a reflective thought: the preservation of our freedoms, whether financial or otherwise, demands continuous effort, solidarity, and the courage to stand against the forces that seek to undermine them.


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