Liberty Planet Weblog

Bitcoin – The Libertarian Introduction

Posted on: March 23, 2013

Erik Voorhees – April 11, 2012

“When a state currency is challenged, the state itself is challenged,
and market forces move swiftly around sickly, depreciating inhibitors.”

· Introduction
· What is Bitcoin?
· How does it work?
· Why is Bitcoin valuable?
· No really, WHY is Bitcoin valuable?
· How does one obtain it?
· Being careful with money
· What can one do with it?
· Bitcoin vs. The State
· Bitcoin and Disruption
· Useful Resources

Read the full article at Erik’s Blog

My recommendation is to watch, but stay clear of Bitcoin for now. It appears that too many speculators have entered the market and it will find a lower value in time. As of this post one Bitcoin is $61.86 USD down from 70 USD yesterday. I do love alternative currencies!

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