Bitcoin Is Insurance Against States

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A clash between Bitcoiners and the establishment has been around the corner for a long time. Satoshi’s quote above illustrates a common concern over the inevitable conflict: we all wish for the masses to first learn about Bitcoin as the neutral money that it is, not as a tool that aids potentially controversial causes. The State won’t accept a fair competition between fiat and non-state money (as fiat would inevitably lose), instead it will try to portray Bitcoin and its proponents as the enemies of civil society.

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