The State vs. Bitcoin

Foreword: As with freedom and oppression, Bitcoin and State money may exist in a perpetual tug of war between ideals. Where State money relies on compulsory participation, Bitcoin offers completely voluntary entry and exit and thus represents the antithesis of State money. In this essay I will explore the mechanisms in which Bitcoin may resist State attack.

Notes to the reader:

· The term ‘Bitcoin’ with a capital ‘B’ refers to the Bitcoin network or…

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SGBarbour

SGBarbour

Bitcoin mining enthusiast / owner of @UpstreamDataInc / oilfield tech innovator / internal gears will change the world