lørdag 9. august 2025

Innovative Chinese dissident uses cryptocurrency to fund his activism

To skeptics, a meme coin is a fast way to make a cheap buck. For exiled activist Li Ying, it’s been a way to bankroll a pro-democracy community that’s challenging Chinese censorship and authoritarian rule.

Li, 32, is better known by his handle on the social media platform X: “Teacher Li is not your teacher.” He’s built a following of more than 2 million by posting news that Chinese authorities don’t want people to see. Last December, he branched out to launch $Li, a form of cryptocurrency modeled after his own social media avatar — a hand-drawn tabby cat. The goal was to provide financial support for his initiatives to crowd-source data from inside China on social issues like overwork by students and laborers with an aim to promote change.