Progressive International is aiming to adopt Bitcoin to surpass the traditional financial system. The group is focusing to accept BTC as ING for defending purposes against planned decluttering from the global financial system.
The global organization supports anti-imperialist ideologies and left-wing activists worldwide. The organization announced its acceptance of cryptocurrencies addressing “planned de-banking” attempts by financial firms.
The representative of Progressive International took the issue to the global social media giant “Twitter”, announcing the adaption of cryptocurrencies. Both Ethereum and Bitcoin are being welcomed by the organization to resist global de-banking.
What Made Progressive International Choose Crypto?
According to Progressive International, prominent banking firms are banning their donations. This has caused the organization to overcome the traditional financial system and choose crypto.
The leading banking names accused by Progressive International are “ING Bank” and blue icon “PayPal”. Both of the firms are accused by the organization of blocking donations and funds for left-wing activists of Progressive International.
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According to the group, it is an attempt to sabotage the anti-imperialist movements and ideologies worldwide. The banned donations were specifically for Cuba. These donations were to aid the people of Cuba in the organization’s solidarity campaign.
Moreover, the organization revealed that the donations were to battle against the horror of Covid-19. The funds were helping people to vaccinate against the Coronavirus.
Progressive Group’s Take on the Ban
As per Progressive International, both ING and PayPal are supporting the U.S led motive against the organization. The ban on donations is to sabotage the whole Cuban campaign and delay the vaccination process.
The group also claims that the campaign was announced last month to highlight the progress and development of the vaccine by the Cuban government. The Cuban government strived to develop a vaccine against Covid-19 and later showcased their efforts.
As per Progressive International, the organization is functioning on donations from all over the world. But the recent ban on donations has led the group to choose crypto as a means to sustain its survival.
The organization is aiming to go for both fiat and cryptocurrency to overcome the shortage in donations.
Progressive Group claims of receiving tons of donations in crypto after their adoption announcement. The representatives are planning to take this initiative to a next level.
Now the organization is aiming to accept crypto donations from all over the world.
By the middle of this year, Progressive Group is planning to redesign its website to include crypto. Until now the group has collected 0.008 BTC ($307) and 0.715 ETH ($1,979) respectively.
After the Twitter announcement, it is pretty clear that people supporting Progressive International and its anti-imperialist ideologies have no issue with donating crypto. Both the activists and the organizers are willing to overcome the planned debunking against the group and are willing to strive for it. On the other hand, it is quite difficult to say anything about the payment giants as to why exactly they are banning donations.