2min chapter

The "What is Money?" Show cover image

Centralized Law vs Decentralized Law with Stephan Kinsella (WiM099)

The "What is Money?" Show

CHAPTER

Bitcoin Is a Coercive Mechanism, Isn't It?

Bitcoin is a peer-to-peer payment system. Some argue that it could end the drug war, which has been waged for decades. Bitcoin would allow people to avoid paying taxes on drugs and other contraband goods by using their own money.

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