6 years ago
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What Do Free Markets Advocates Think About Bitcoin?
What libertarians, anarcho-capitalists, and proponents of the Austrian school of economics, all have in common is their love for free markets and disdain for state intervention. Many evangelists of these schools of thought have thus publicly praised decentralized digital currencies, such as bitcoin, as they provide individuals with personal financial sovereignty and allows them to store their wealth in an asset whose value cannot be controlled by the actions of central banks.
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Libertarians: really rich white guys and people who believe that one day they might be really rich white guys.