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Guest Post: What Every Libertarian Should Know About Bitcoin

By Tyler Durden
Created 04/01/2013 - 19:45
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 04/01/2013 19:45 -0500



 

Submitted by Michael Krieger of Liberty Blitzkrieg blog [6],

Tom Woods Talks Bitcoin... Fantastic Interview

Soon, whether via Bitcoin or whatever comes next, it will be possible to strip banking away from bankers, and money away from governments.

 

From a recent article in the Spectator titled “How Bitcoin Could Destroy the State” [7]

Support for Bitcoin amongst Austrian economists is growing by they day and in this interview, the highly admired and respected Tom Woods, discusses Bitcoin with Erik Voorhees of Bitinstant [8] (a popular, rapid way of converting fiat into BTC).  This interview very poignantly addresses many of the layperson’s concerns about it that I have heard over the past several months.  Remember, despite the price rise, Ben Bernanke is still creating the equivalent of 75 Bitcoin markets every month [9] with his money printing.

This worth every single minute of your time.

 

 

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Source URL: http://www.zerohedge.com/news/2013-04-01/guest-post-what-every-libertarian-should-know-about-bitcoin

Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/122
[3] http://www.zerohedge.com/taxonomy_vtn/term/304
[4] http://www.zerohedge.com/taxonomy_vtn/term/12425
[5] http://www.zerohedge.com/taxonomy_vtn/term/238
[6] http://libertyblitzkrieg.com/2013/04/01/tom-woods-talks-bitcoin-fantastic-interview/
[7] http://www.spectator.co.uk/columnists/hugo-rifkind/8874321/how-bitcoin-could-destroy-the-state-and-perhaps-make-me-a-bit-of-money/
[8] https://www.bitinstant.com
[9] http://libertyblitzkrieg.com/2013/03/21/bitcoin-goes-parabolic-my-updated-thoughts/