Free From Coercion and Theft: The Counter-Economic Potential of Cryptocurrencies

Free From Coercion and Theft: The Counter-Economic Potential of Cryptocurrencies

As nations become more authoritarian, the crypto economy and its related technologies stand out as powerful counterpoints to overreaching governance. The following Learning and Insights editorial explores why libertarians, especially agorists, embrace digital currencies such as bitcoin and tools of the crypto economy in pursuit of greater individual freedom for all.
Crypto’s Liberation: Empowering Individual Freedom Amidst Growing Authoritarianism
Last week, Bitcoin.com discussed how bitcoin (BTC) applies to Carl Menger’s theory of money and how prominent libertarian economists perceive the evolution of money. The following is an examination of why libertarians and individuals described as agorists believe the crypto economy helps fuel the counter-economy. Agorism advocates, also known as agorists, bolster counter-economic activity, which involves voluntary exchanges and arrangements that circumvent the state’s regulations, restrictions, taxation, and interventions.

Counter-econ

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