Bitcoin: A Means for Global Independence
With some research and a little technical aptitude, distributed forms of money such as bitcoin can be used as the digital equivalent of cash, offering the potential for anyone to theoretically bank themselves without relying on traditional financial institutions. Additionally, innovative wallet technologies mean anyone can store vast amounts of value without the need to trust governments or banks. From brain wallets to paper wallets, multisig to BIP32 hierarchical deterministic technologies, the ability to store cryptocurrency value independent of a third party is becoming more....
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Yes/No to Scottish Independence? Scotland has recently been trying to gain its independence from the United Kingdom once again. Throughout the last thousand years there have been a few times that Scotland has tried to gain its independence. In the early 13th Century the Scottish nobility were in dispute after Alexander III, the then King of Scotland, died young without leaving an heir as his three children had died within a short period of years previous to his own death. King Edward I of England was invited by the nobility to help decide upon a new king. However, Edward betrayed the Scots....
The recent Scottish independence referendum prompted questions about whether or not an independent Scotland would consider adopting bitcoin or another cryptocurrency (such as the Scottish-themed Scotcoin) in lieu of the British pound. Alas, the Scots voted to remain in the United Kingdom, so the discussions proved moot. However, a new poll indicates the Scots may seek independence again in the future. That could bode well for bitcoin's future prospects in Scotland. Also read: Scotland's Independence Vote, Bitcoin, and the Myth of Free Scottish Banking. Cryptocurrency Could Play a Central....
Dutch energy company BAS Nederland announced on Thursday that is accepting bitcoin payments from customers, making it the first energy company in the world to do so. According to the company's founder, the move aligns with the company's philosophy of breaking free and reducing dependence from old-school systems: "Just like BAS, the aim of Bitcoin is to increase independence, ownership, and to empower people to create value themselves. All of these elements appeal to a global audience that breaks free from declining old-world systems, and looks for solutions that serve not only themselves,....
It’s time for the Libertarian Party and Bitcoiners to team up and make their voices heard in order to declare our monetary independence from the Fed.
Five years since the first Bitcoin Independence Day, have we forgotten how Bitcoin survived its most existential threat to date?