According to a new book When Google Met WikiLeaks, written by Julian Assange, the founder of WikiLeaks he was able to guide his organization through massive legal and financial hardships with the help of the money he got from the early investment in Bitcoin. The reports are that the book claims that strategic investments in Bitcoin paid off well by 8,000 percent.
It’s not that it’s just a revelation coming from the book from Assange but even WikiLeaks’ public Bitcoin address shows a yield of more than $2.2 million in Bitcoins from investments and donations. Bitcoin donations have gained momentum, one of the biggest beneficiaries is Edward Snowden who got tens of thousands of dollars worth of Bitcoins in donations.
Despite the fact that the Bank of America, VISA, MasterCard, PayPal, and Western Union invoked financial blockade on the transfer to WikiLeaks, thanks to Bitcoin, the organization was able to manage its finances successfully. The book When Google Met WikiLeaks divulges several facts that are not in public domain.
Several of the facts are of great importance to know how the organization worked all these years despite hostile activities by the US government. The new book features a 2011 face-to-face conversation with Google executive Eric Schmidt wherein Assange explained the then-new cryptocurrency to the leader of the world’s most powerful technology company.
Bitcoin Came to Rescue WikiLeaks from the Financial Mess
Assange was one of the early supporters of the digital currency and during the interaction with the Google executive he had shown his interest investing in Bitcoin. Those days Bitcoin was not what it today is and was being sold for one dollar. However, the investment in those days is now paying back to WikiLeaks and it’s able to manage its finances well.
A lot of debate has been done on who are the ones who benefitting from Bitcoin and ample evidence are in favor of those who believe it were the early investors. The last year in October, Bitcoin touched the benchmark of USD1200 in exchange market; however, this year it is faring close to the half if this value.
WikiLeaks founder in the interaction with Schmidt had admitted that Bitcoin was very important and has a few problems but its innovations exceed its problems. The same digital currency came to help him when his organization was facing financial embargo as the public Bitcoin address for WikiLeaks shows they have received 3,859 Bitcoins.
Early Investments in Bitcoin Paid Enough to WikiLeaks to Run Its Operation
To contact the reporter of this story: Deepak Tiwari at firstname.lastname@example.org