ClaimsBalaji Srinivasan

“Bitcoin is now valued everywhere there is an internet connection.”

Balaji Srinivasan, author 28 July 2025 All Property Becomes Cryptography (balajis.com)

Factual Economics and markets

Bitcoin is valued everywhere there is an internet connection.

Mostly true True in substance, wrong in a detail.

Factual: Statements about the present or the past, checked against the record: did they hold up?

The second judge would not resolve this claim; the verdict shown is the first judge's.

What would count as true or false

Judge as of 2025-07-28, reading 'valued' as having a recognised market value and being tradable or acquirable. True: bitcoin could be priced, bought or sold (through exchanges, P2P markets or direct transfer) in essentially every country and territory with internet access, including where it is banned, since peer-to-peer trading and the protocol still work wherever there is a connection. Mostly true: bitcoin was available and valued in nearly all internet-connected places, with only negligible exceptions. Mixed: there were significant jurisdictions with internet access where bitcoin had no practical market or price access because of effective bans or blocking. Mostly false: bitcoin's reach is substantially overstated, with many internet-connected populations unable to value or use it. False: bitcoin was not valued or accessible in large parts of the internet-connected world.

Set before the research began.

Evidence (4)

  1. E1 Can Bitcoin Be Stopped? Bans, Attacks, and the Law LegalClarity · 10 March 2026

    “As of mid-2025, nine countries maintain complete prohibitions on all Bitcoin activity, including Afghanistan, Algeria, Bangladesh, Egypt, Kuwait, Nepal, North Macedonia, and Tunisia.”
  2. E2 From trading bans to total embrace, a global guide to crypto regulation International Consortium of Investigative Journalists (ICIJ) · 17 November 2025

    “Cryptocurrency is mostly legal in 45 nations, partially banned in 20 and generally banned in 10, according to the Atlantic Council, a Washington-based, nonpartisan think tank, which analyzed crypto regulation in 75 countries.”
  3. E3 From trading bans to total embrace, a global guide to crypto regulation International Consortium of Investigative Journalists (ICIJ) · 17 November 2025

    “Still, underground traders have reportedly found ways to circumvent the ban. In 2023, at least 60 million people in China are estimated to have owned crypto, according to the latest data released by Triple-A, a global payments firm.”
  4. E4 HRF’s Weekly Financial Freedom Report #36 Human Rights Foundation (HRF) · 26 September 2025

    “Like several company websites in different segments in Venezuela, including social media, Binance’s pages have been facing access restrictions,”

Reasoning

E1 and E2 show that bitcoin was banned outright in roughly nine to ten countries and partly banned in about twenty around mid-2025. The criteria, however, count banned places as valued if peer-to-peer trading or direct transfer still works there. E3 reports underground trading and an estimated 60 million crypto owners in China in 2023 despite a ban. E4 shows that Binance's website was restricted in Venezuela, but not that bitcoin lacked a market there. None of the evidence shows a major internet-connected jurisdiction with no practical way to price or buy bitcoin, though it also does not show bitcoin being traded in every country, so the claim is rated mostly true rather than true.

Cite this claim

Balaji Srinivasan, “Bitcoin is valued everywhere there is an internet connection.” (said 28 July 2025). Verdict: mostly true. Reliability API, claim c_31794690e762, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_31794690e762

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

For Balaji Srinivasan, or someone speaking for them: a correction or counter-evidence. Replies are read before anything is shown; an approved reply shows your name, role, date, statement and link. Your email address is never shown and is deleted 30 days after the decision (privacy).

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All of them

Verdicts are made automatically; how verdicts are made.