Bitcoin Up 7,000% Since Assange Called It ‘The Most Interesting Thing on the Internet’

Bitcoin Up 7,000% Since Assange Called It ‘The Most Interesting Thing on the Internet’

Nine years ago today, Wikileaks founder Julian Assange made his most substantial public remarks on the nature of Bitcoin, a then five-year-old project that had just broken into the financial mainstream by passing $1,000 the year prior.

At that time, Assange was not new to Bitcoin. In fact, Wikileaks had discussed accepting Bitcoin since as far back as 2010, when early efforts were made by users to introduce the journalistic agency to the payment method.

Ultimately, Wikileaks began accepting Bitcoin in 2011, a move the organization has since credited for helping break its banking blockade in the wake of its publishing of classified U.S. government information. 

That said, a 2014 interview, unearthed by Bitcoin Historian Pete Rizzo, shows Assange was every bit as convinced about the technology years later.

In the video, WikiLeaks founder Julian Assange makes a bold statement about Bitcoin that has since proved to be remarkably accurate. In the interview, Assange labeled Bitcoin as "the most interesting thing on the internet," and his words have aged well as the cryptocurrency has seen a staggering surge in value over the years.

At the time of the interview, Bitcoin was trading at a fraction of its current value, yet Wikileaks was using the technology as a publishing platform, in part, to prove the existence of information it published.

Elsewhere in the interview, Assange discussed the nature of Bitcoin, and cryptography in general, as a tool for civilians to resist government overreach. 

"The ability of cryptography to create situations where it can defend the people who use it against the full might of a superpower. The full might of a superpower doesn't help you solve a math problem," he said. "It's not something you can get at through overwhelming coercive power."

Assange's foresight regarding Bitcoin's significance is evident when we consider the cryptocurrency's remarkable price trajectory since the interview. In 2014, Bitcoin was trading at approximately $380 per coin across exchanges. 

Fast forward to 2023, and Bitcoin is trading at $28,000, marking an increase of over 7,000% in the nine years since.

As Bitcoin continues to mature and gain acceptance, it remains closely tied to the principles of decentralization and censorship resistance that Assange and WikiLeaks championed. Assange is still in prison for publishing key information in the public interest, and his fight for freedom remains a core Bitcoin cause.

More News

GBTC Price as Likelihood of Bitcoin ETF Gr...

Watch Icon
Last updated

The recent federal judge’s rulings overturning the SEC’s rejection of Grayscale’s application to convert its Bitcoin Trust (GBTC) into an ETF have indeed increased the likelihood of a spot Bitcoin ETF approval by the SEC. The judge’s decision highlighted the SEC’s failure to provide a clear rationale for its rejection, signaling a potential shift in […]

Tezos (XTZ) Makes an Impressive Comeback t...

Watch Icon
Last updated

The Tezos (XTZ) price broke through a 230-day resistance trendline, leading to a 13% increase in a single day. This breakthrough has generated considerable market attention due to its unexpected nature and a surge in trading volume, leaving many investors and traders pondering why it happened and its potential implications. Tezos Breaks Out from 230-Day […]

Sam Bankman-Fried Wanted to Pay Donald Tru...

Watch Icon
Last updated

Former FTX CEO Sam Bankman-Fried explored the possibility of offering Donald Trump a staggering $5 billion to dissuade him from running for the United States presidency in 2024, Big Short author Michael Lewis revealed.  During a 60 Minutes interview on October 1, Lewis revealed Sam Bankman-Fried’s contemplation of this audacious proposal. … Read More: Sam Bankman-Fried […]

Back to Top