Capitol Hill Autonomous Zone: Crypto Paradise or Digital Shakedown?

Cointelegraph

Published Jun 17, 2020 11:48PM ET

Updated Jun 18, 2020 01:20AM ET

Cryptocurrencies are reportedly playing a role — for good and ill — in Seattle’s Capitol Hill Autonomous Zone, an area established in support of the African-American community by protesters against aggressive policing.

A project called JamaiCoin claims that six businesses are experimenting with its cryptocurrency as a protest against the US dollar, while separately another business owner claims he’s being extorted for $500 of ‘protection money’ in Bitcoin (BTC).

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