The Human Rights Foundation (HRF) has introduced a new accolade in the cryptocurrency domain, the Finney Freedom Prize, on a day of significant importance in the Bitcoin universe — its fourth halving day. This prize is not just an award; it symbolizes the intersection of technology and human rights, with a special emphasis on Bitcoin's role in advancing financial freedom globally.

The award is named in honor of Hal Finney, a key figure in the early stages of Bitcoin's development and a passionate advocate for civil liberties. Finney was the very first person to receive a Bitcoin transaction, directly from the cryptocurrency's enigmatic creator, Satoshi Nakamoto. Sadly, Finney passed away in 2014 after battling ALS, but his legacy continues to influence the Bitcoin community and beyond. In recognition of his contributions, the inaugural Finney Freedom Prize was awarded to him posthumously, accepted by his widow, Fran Finney. She announced that the award would be donated to charity, emphasizing, "We believe this prize will ensure Hal's legacy endures, inspiring future generations to explore and expand the use of Bitcoin as a tool for achieving personal and collective freedom."

The prize itself is not just a one-time event but a long-term commitment from the HRF, with plans to distribute 28 awards over the next 110 years, coinciding with Bitcoin's halving events. Each laureate will receive 1 Bitcoin (BTC) and a physical award, acknowledging their contributions to the intersection of Bitcoin and human rights. The funding for these awards comes from a dedicated 33 BTC fund established by HRF.

A Genesis Committee, comprised of notable figures within the Bitcoin community, will oversee the nomination and selection process for future laureates. This committee will evaluate candidates based on a range of criteria, including their educational efforts about Bitcoin, technological contributions, promotion of decentralization, and actions to improve Bitcoin's accessibility, especially in regions under oppressive regimes.

This initiative not only honors Hal Finney's memory but also serves as a beacon for future innovations and applications of Bitcoin in the realm of human rights. It reinforces the idea that technology, particularly Bitcoin, can be a powerful tool for liberation and empowerment, aligning with Finney's vision and the core values of the Bitcoin community.