Banning Bitcoin is Antithetical to a Free Society
Choosing freedom over security makes sense in Bitcoin. When a government wants to ban Tor and encryption-based services, what they are really saying is that no one should have the right to privacy on the Internet. When a regulator says they want to ban Bitcoin, what they are really saying is that they want to ban financial privacy. When you try to control or over-regulate Bitcoin, you are really trying to limit economic and personal freedoms. The technology behind Bitcoin creates a tricky situation for most governments where they'll have to admit that their real goal is to not let anyone....
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Picture via Mihai Delapeta. While governments around the world are currently thinking about how they're going to regulate Bitcoin exchanges, there is a larger debate coming that could actually have implications for the future of humanity as we know it. This may sound a bit hyperbolic right now, but it's important to think clearly about what the upcoming debate on whether Bitcoin should be banned will really mean for everyone. I've written about how banning Bitcoin would be both impractical and antithetical to a free society, but that won't stop some governments from doing it. Even Gavin....
Democracy is antithetical to the fundamentals of private property rights and, therefore, the functional, fair organization of society.
On Saturday, October 6, Cathy Reisenwitz spoke on why a free society needs free money. Cathy serves as a D. C. -based writer and political commentator, working at Reason Magazine. She is Editor in Chief of Sex and the State, is a Young Voices Associate and writes regularly for Doublethink magazine and Thoughts on Liberty. Her writing has appeared in the Washington Examiner, the Daily Caller, the AFF Free the Future blog, the Individualist Feminist, and Penelope Trunk's Brazen Careerist. One of her passions is investigating the role of Bitcoin social evolution. Cathy's talk follows. Cathy....
Bitcoin, accessible by anyone, is a digital open money for the modern open society – a society free from inherited hierarchies.
To be considered a free society, one must have the ability to choose the most free form of money.