Why Our Economic Liberty Depends on the Blockchain
Milton Friedman once said, "Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless." So, why is it believed that we should entrust money management to governments? It seems that as we progress and evolve through the problems inherent in our highly regulated, government-controlled economies, we ignore a simple truth. The truth is that our economies, our institutions, are not just merely created by man, but regulated, maintained, altered, manipulated and changed by man, for better or for worse, whether sought or unsought.....
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The Liberty Beat Partners with Genesis Communications Network. FOR IMMEDIATE RELEASE. Contact: John Bush, Owner and Editor in Chief of The Liberty Beat. Phone: 512-773-6102. San Marcos, TX - The Liberty Beat, your daily source for liberty news and activist updates, is announcing a new partnership with the Genesis Communications Network that will greatly expand the reach of the program. The daily news service will also soon be producing three updated editions a day. Since January of 2013, The Liberty Beat has provided daily top-of-the-hour news that could be heard on LRN. FM and up to 14....
How do Bitcoin’s properties present the best opportunity to seize liberty humanity has ever seen?
Jeffrey discovered Bitcoin only in February of 2013, and has written some 20 articles on the topic since that time, mainly because its emergence challenged much of what he thought he knew about money, banking, and entrepreneurship. Jeffrey has been a vocal supporter of Bitcoin and is the CLO of Liberty.me. The Coin Telegraph: As you mentioned in Liberty.me’s IndieGoGo campaign, the wants of liberty-minded people have finally found a convergence point with available technology. How much do you imagine this technology will nudge others toward liberty-minded pursuits? Jeffrey Tucker: In the....
Jeffrey Tucker is an economist who’s also savvy with blockchains (a rare combination). He is responsible for introducing Bitcoin to many of his readers via his authorship of four books and founding of the Cryptocurrency Conference. Tucker is a distinguished fellow for the Foundation for Economic Education and is the Chief Liberty Officer of Liberty.me. He talked with CoinTelegraph about the European Central Bank’s warnings about deflation, the future of fractional-reserve banking, and the role of peer-to-peer solutions. “You can do very good business under deflationary conditions.”
There's at least one lesson to be learned from the recent closure of Liberty Reserve for alleged money laundering: whether you use "real" government-backed fiat or a distributed digital currency controlled by no one in particular, what you use it for is subject to laws and regulations of many kinds. Fall afoul of those, and the authorities will sooner or later come looking for you. The Costa Rica-based Liberty Reserve used its own digital currency -- also called the Liberty Reserve, or LR -- to provide low-cost payment processing services to customers around the world. Its ease of payments....