The Patriotic Case For Bitcoin

An anarchistic digital currency pioneered by cypherpunks and first used on shady internet sites is not something one would typically associate with patriotism. Nevertheless, as our country strays further from its founding ideals of liberty, decentralization, and personal responsibility, perhaps Bitcoin is precisely what is needed to return us to those roots.

While Bitcoin is a ground-breaking technology, what it accomplishes is neither a radical nor a new idea. The fiat experiment beginning in 1971 is not the norm in the history of money, and bitcoin simply restores the principle of sound money that has been present throughout history. Where Bitcoin differs from the monetary standards of the past is in its technological superiority, which allows it to avoid some of the failures of those past standards.