Decentralizing Defection: How Bitcoin Circumvents Tyranny

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Bitcoin allows everyone who wants to defect out of government-controlled money into sovereign, non-inflatable wealth.This is an opinion editorial by Kyle Schneps, director of public policy at Foundry, a Digital Currency Group company.The legacy Cold War system of defection rewarded the elite few who chose to publicly opt out of authoritarian regimes in favor of Western democracies. The Bitcoin network now allows all people, no matter their station or class, to privately opt out of tyranny by investing autocrat-controlled currencies into a decentralized global system of financial independence. ...

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