Guest Post: What Every Libertarian Should Know About Bitcoin

Submitted by Michael Krieger of Liberty Blitzkrieg blog,

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”

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 (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 with his money printing.

This worth every single minute of your time.

 

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