Brazilian Man Uses Bitcoin to Evade Judge's Extortion
Hey fellow Steemers! This is a short recap of this article.
During the Brazilian 2012 local electoral season, Sao Polo citizen Daniel Fraga uploaded a video to Youtube that criticized a candidate running for mayor in Sao Jose dos Campos.
The video expresses Fraga's criticisms of the candidate for requesting the judiciary to mandate the removal of negative internet memes about his campaign from Facebook.
Undeterred, Fraga continued to record videos detailing the situation, resulting in the judge suing him and requesting financial compensation for 'moral damage'.
Fraga refused to back down, recording further videos covering the topic and encouraging his followers to share the story across social media.
In order to evade the quickly mounting fines, Fraga turned his entire personal wealth into bitcoin which was outside of Brazilian juridical classification.
In 2014, Fraga was sued by a state representative from Rio de Janeiro seeking to prevent Fraga from producing videos, and again requesting financial remuneration as damages.
Fraga's story highlights the disruptive potential of cryptocurrency when it exists outside of a state's regulatory apparatus.
Hi. I am a volunteer bot for @resteembot that upvoted you.
Your post was chosen at random, as part of the advertisment campaign for @resteembot.
@resteembot is meant to help minnows get noticed by re-steeming their posts
Even better: If your reputation is lower than 28 re-steeming only costs 0.001 SBD!
If you want to learn more - read the introduction post of @resteembot.
If you want help spread the word - read the advertisment reqruiting post.
Great info. thanks for posting - upvoted & following!
Thanks! I appriciate the feedback :) I followed you back.
Congratulations @merkie! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP