Why Libertarians Should Prioritize The Bitcoin Strategy Above All Others
Bitcoin offers libertarians the perfect vehicle for starving the state of its outsized control over personal freedoms.Libertarians should prioritize the Bitcoin strategy above all others. Libertarians generally believe in the non-aggression principle (NAP), meaning that it is wrong to initiate aggression against someone else’s person or justly-acquired private property. What does Bitcoin have to do with the non-aggression principle? The chief violator of the NAP principle is the state. And the chief reason the state is so large and so powerful is that it has access to cheap debt. Bitcoin....
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The Chinese yuan’s onshore exchange rate against the greenback recently plunged to 7.2458 for every dollar, the lowest since January 2008. The yuan’s latest slump came just days....
Last week, at the New York Libertarian Party Convention, there was some strong enthusiasm for blockchain technology. According to a report from the Verge, former Ron Paul campaign consultant Nick Spanos was on a mission to promote voting via distributed ledger technology. Other attendees, like presidential candidate John McAfee, also had opinions about....
"If I am confirmed, I will prioritize implementing that piece of legislation, including new regulations around cryptocurrency," said Brian Nelson. Brian Nelson, U.S. President Joe Biden’s nominee for under secretary for the Department of the Treasury’s division on terrorism and financial crimes, said he would prioritize implementing new regulations around cryptocurrency.In a Tuesday hearing of the Senate Committee on Banking, Housing, and Urban Affairs, Nelson said he would be focusing on anti-money laundering regulations if he were to be confirmed for the position in the Treasury....
Peter Schiff doesn't see the value of Bitcoin. If you're going to take financial advice from Peter Schiff, then bitcoins won't be found in your portfolio. Last night, Schiff sat down with Joe Rogan to talk about everything from how Libertarians would protect the environment to whether or not the US Federal Government should raise the minimum wage. For our readers, the most interesting point in the night came when Rogan brought up the topic of Bitcoin. Many people know that Peter Schiff is one of the few Libertarians who does not care for cryptocurrency, so it wasn't a surprise when he....
"I knew that online digital cash was a great thing for libertarianism from the moment I heard of it... So, as soon as bitcoin came along I thought, 'Oh my god here it is, it's finally happening!'" In a Skype call from Tokyo, investor Roger Ver is explaining what first drew him to bitcoin, and his well-documented passion for the digital currency network is evident and infectious. "I think it's [a chance] for the individual to be in complete control of his or her funds," he adds. Having been a prominent early investor in bitcoin startups, Ver is now putting most of his....