The Conservative Case for Bitcoin with Mitchell Askew (WiM511)
The "What is Money?" Show
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The Value of Decentralization
This chapter examines the fundamental principles of decentralization rooted in conservative ideology and American founding values, advocating for local governance and personal sovereignty. It contrasts Bitcoin's true decentralization with other cryptocurrencies that falsely claim the same, emphasizing the importance of censorship resistance and individual responsibility in digital asset management. The discussion further addresses the concept of moral hazard in finance, highlighting how Bitcoin enforces discipline that traditional financial systems often lack.
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