Nigerian millennials in the past few weeks have taken to the streets in unprecedented numbers, kicking against the abuse done by a significant number of law enforcement officers, most specifically, the disbanded Special Anti-robbery Squad (SARS).
As the protest rages on, various rights groups have set up funds to provide participants, support, while they glamour for the long-overdue reforms.
Feminist Coalition, recently gave reasons why it’s now switching to crypto. The group said;
“We’re moving to only accepting donations in Bitcoin using BTC Pay. BTC Pay is a free, secure, decentralized, and censorship-resistant platform, which makes it our best option, given the past few days #EndPoliceBrutalityinNigeria. Please donate here: https://donatebtc.feministcoalition2020.com”
We're moving to only accepting donations in Bitcoin using BTC Pay. BTC Pay is a free, secure, decentralized and censorship-resistant platform, which makes it our best option, given the past few days #EndPoliceBrutalityinNigeria
Please donate here: https://t.co/FvsEKetUL9
— feministcoalition (@feminist_co) October 15, 2020
The fast-rising Nigerian rights group provides logistics, aid to Nigerians pressing for Police reforms via street protests disclosed they raised about 8 bitcoins valued at over $88,0000 and other cash donations.
— feministcoalition (@feminist_co) October 19, 2020
Why this matters
The donations are used in providing medical and legal bills for some Nigerians arrested in recent days, and most importantly to hire private security guards in protecting them against armed gangs, who of late have tried to discredit the theme of the peaceful protests.
Another critical macro making many Nigerian millennials use crypto amid protest for reforms is basically because the #EndSARS protests in principle is decentralized. There is no known centralized authority coordinating the protest, and not forgetting, the much advantage cryptos have over fiat currencies are that they are decentralized finance assets, meaning, funds can’t be controlled, blocked or disengaged by any central authority.
Also, crypto donations are very secure, and privacy concerns kept at a minimal level, on the basis you don’t disclose your personal details when making such transfers.
Nairametrics had earlier given vital insights on how for years, young Nigerians, mostly via social media, have called for the notorious Police unit to be disbanded and rogue elements in the force brought to justice. Despite repeated promises by the government, they have failed to heed to the demands, triggering a new wave of protests that have now spread across the country.