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Bitcoin is a truly revolutionary technology. It’s “censorship-resistant,” because it can be used to send money around the world without the involvement of a third party, such as a credit card company or other corporate payment processor. That means payments cannot be prevented due to government or corporate interference.
Using real life examples, scholar Jerry Brito explains how the peer-to-peer technology of Bitcoin and other cryptocurrencies can help support people fighting oppressive governments, and other important causes, in a way that was never possible before. Whether Bitcoin in particular succeeds or fails, this new type of technology is a bell that cannot be unrung.
► Learn more about Bitcoin and digital currencies!
“Bitcoin is No Substitute for Government Money, But a Refuge From Control” – Jerry Brito
“Regulation and Bitcoin” a Jerry Brito interview
“How Bitcoin is Reinventing The Monetary System: Q&A with Laissez Faire Books’ Jeffrey Tucker”
Central Banking: the Real “Dangerous Mistake” – George Selgin