The Taliban, Women's Rights and the rise of Bitcoin

in LeoFinance3 years ago (edited)

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You'd have to be living under a rock to have not witnessed the scenes of chaos emerge for Afghanistan as the United States and it's Allies leave Afghanistan after a 20 year war that amounted to having the Taliban re-emerge as the nation's leading faction.

The move has sent millions trying to flee the nation with women being one of the most vulnerable within the nation.

The Taliban quickly ran to the nation's bank to access cash supply. In Afghanistan under Taliban rule women are not permitted to have bank accounts or earn money and their money if they have some must be held in trust of their father, brother or partner.

One third of Afghanistan wealth is tied up in United States reserves which prompted Biden to quickly freeze the Taliban's access to the cash Source with many allied nations doing the same.

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Roya Mahoob

Women have been rushing to banks to withdraw their money prior to the Taliban getting a hold of it. With women employed as Bankers already removed from employment and replaced with men. As women are not permitted to work under Taliban rule, furthermore it has led to women shredding university degrees as women are also not permitted to go to university.

Roya Mahoob whom was named one of the world's top 100 most influential people has been working with women across Afghanistan to train them in STEAM fields. Science, Technology, Engineering, Arts and Mathematics.

In 2017 a STEM team was established and won numerous awards for their work utilising renewable energy that supports farmers maintain their crops. President Trump had to intervene as even not under Taliban control they were being limited in participation in global contests. They were subsequently allowed to attend with Trumps push and won.

Roya is Co-founder and CEO of Digital Citizen Fund and has been in operation for 8 years teaching Afgahni women financial literacy. Due to the harsh environment towards women and ownership the organisation had to be established in New York for Roya to lead.

Bitcoins use in women's rights

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A campaign has been launched to secure the financial freedom of women in Afghanistan with Digital Citizen Fund implementating Bitcoin to pay women and to have their wealth transferred to bitcoin and bitcoin wallets.

Bitcoin wallets enable women to hide their wealth with anonymous wallets and also enable cross country trading. They also provide an additional support for women fleeing the nation. Previously asylum seekers would sow gold and items of wealth into their clothes and carry them on long journeys. The added extra weight would slow down people moving as well as put them at risk of being robbed as thief's would often target fleeing people. Bitcoin alleviates this risk by being held online and only accessible by the person that holds the wallet key.

Digital Citizen Fund is also accepting donations in cryptocurrency to support women and also pay them for their work is private. You can reach the organisations page Here

Taliban and Bitcoin

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The Taliban's main income stream at current is from the sale of opium. Reports are coming in that with the freezing of assets that Taliban is also utilising Bitcoin to facilitate their trade.

Things are beginning to escalate in the nation and leaders are already beginning to problem solve many of the issues arising since the Taliban return to power.

It's interesting that Bitcoin is being used as a means to support women's rights and circumnavigate the oppressive regime. The same can be said with the current sanctions imposed by the US and its Allies on Taliban funds. As they enter negotiations to access their money the IMF and global banks are hesitant to provide access to it in the event it aids the creation of a new terrorist organisation.

Time will tell how this will pan out but it has also provided a spanner in the works for KYC and US regulations surrounding brokers as any legislative change will now negatively impact women's liberation as economic participation in Afghanistan. A move US law makers are currently aware of and are keeping in their thoughts.

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It's interesting that Bitcoin is being used as a means to support women's rights and circumnavigate the oppressive regime.

Sure...provided if you have access to the internet.

That is the downside of cryptocurrency but if there is infrastructure to undertake online banking then there would be infrastructure to participate in Bitcoin.

The problem is when you try to impose your culture on others.

West loves democracy only when and where it suits it. Democracy is denied when people choose Hamas in Palestine.

Afghan people (especially women) are far secure under taliban than they were under any regime(backed by US).

So US went there to liberate women???Really.... Just like they went to Iraq to find WMDs...
What a Joke!

You cited Taliban sold Opium but the facts state when last time they came to power they banned opium harvesting. And they are eradicating it now as we speak.
https://www.france24.com/en/live-news/20210819-taliban-vow-to-ban-heroin-but-can-they-survive-without-it

US backed regime was corrupt and total failure. Hell they trained 300,000 afghan army...which never bothered to fight talibans.

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Thank you for engaging my friend. There is alot to unpack in that response and some of it goes far beyond my knowledge such as the Hamas and Isreal politics. Acknowledging that there was alot of errors in how that went about, but it was the English that established Isreal and I am fully aware of past empires as they almost decimated my people here in Australia. But it is not a situation I have comment on because I simply do not know.

The current issue with Afghanistan is that Al-Qaeda had set it up as a base which prompted Bush's entry. I want to be clear both Iraq and Afghanistan situations were handled poorly and should not have occurred in that way.

Afghanistan was a progressive state many years ago which didn't require stringent Shaira law. The Taliban took hold removing democracy and women's rights.

Even in Western Cultures women are treated poorly so the west has no moral high ground to claim we do it better. But the scenes coming out of Afghanistan is of fear. If I may say, the announcements of the removal of women's rights are concerning.

I am open to learning more.

I have just one request to you, man.
Please don't believe what main stream media tells and show you. False propaganda and disinformation have clouded the truth. Even centralized media is not safe. Look at twitter and FB.
Thats why we are here at hive where any one can speak his/her mind.

I am telling you because I live within 100km of Afghanistan. And real situation on ground is totally different. We have Afghan refugees here and trust me they are so happy with Kabul fall.
People there in Afghanistan are also happy that Taliban took over because they think Talban will end social un-justice, like they had done 20 years ago.

I am not a supporter of Taliban but I feel that West (and every one else) should leave Afghanistan and Afghan to decide their fate. Afghanistan is a tribal society and western democratic norms doesn't apply there.

Here are interesting reads for you:

Regards

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 3 years ago  Reveal Comment

The US isn't the only nation there, Australia and alot of other nations have been there since day one also. We have also suffered terrorist attacks because of it.

There are a number of ways that it could have been handled, I'm not sure how much of it is legal in today's world of law for wars but cutting off Kabul from the rest of the nation and setting up a permanent fixture to support the Afghani people could have been one.

But then the risk of establishing another Hamas and Isreal situation also occurs.

I think the devil in the detail is that the Taliban had 75,000 troops while the US and allies trained up 300,000 Afghani military. All of which fled or put down arms. So clearly alot don't want the US there. But what of the millions trying to flee?

I personally don't think this is over and splinter cells are already starting to form.

Well the fact that they have do do things anonymously is something of concern. When they do need the money (aka when they sell), it will eventually go to the exchanges and if the Taliban gets access to the data there, it will be a huge mess.

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