Source: Bitcoin Magazine

In unanimous Declaration of the decentralized Nodes of Bitcoin, when in the course of human events, it becomes necessary for people to dissolve the monetary bands which have connected them with another, and to assume the separate and equal station to which the Laws of Natural Money, and of Human Nature, entitle them, a decent respect to the opinions of humankind requires that they should declare the causes which impel them to separation.

We hodl these truths to be self-evident, that all humans deserve certain unalienable rights, that among these are Life, Liberty and Property. That to secure these rights…

“We’re all Keynesians now.” Milton Friedman coined the phrase, often miscredited to Richard Nixon, back in 1965. And that hasn’t changed since then. Unless you began your Austrian economic education at birth in some unknown Austrian paradise, on this planet at this particular time in human history, I think we can safely say we’re all Keynesians by default.

What’s a default Keynesian?

A default Keynesian is a person who, probably unwittingly and passively, supports the centralized monetary and fiscal policies that are descended from the ideas of economist John Maynard Keynes simply because that’s the way things are now.

Who’s John Maynard Keynes?

He’s a dead economist whose…

I should say “probably wrong” because we can’t be certain of anything at all when trying to predict the future. Yet we strive to make the best predictions we can. Predicting is what our brains do. And trying to predict what will happen with bitcoin and the global economy in the coming decades is my current prediction obsession.

I’m a relative noob to bitcoin. I’ve spent almost a year now immersed in learning about it. Figuring out what to think about the Great Bitcoin Scaling Debate took up a lot of that learning time last year (more about the drama…

To be a “good citizen” of bitcoin you need to take personal responsibility for your education. There is so much to learn. Computer science, networking, economics, game theory, cryptography, security and much more. We were overwhelmed when we started, too. Still are.

But we’re fascinated. And we know that bitcoin education is already and will only become more important. With Citizen Bitcoin we are taking the leap from learn to teach.

We are still learning, too. We’ll make mistakes. But we pledge to learn from our mistakes and to seek clear understanding. …

1. Bitcoin is presently a store of value as are gold and traditional currency.

2. Centralized or decentralized control:

  • Bitcoin is de-centralized via individual computers processing algorithms located globally.
  • Gold is de-centralized.
  • Traditional Currency is centralized with decisions controlled by a Central Banks with decisions from unelected individuals.

3. Overall unit volume amount held differs depending on type:

  • Bitcoin can be held directly by an individual with no differentiation on unit volume held or a third party.
  • Gold can be held in coins or bars individually, however institutionally it must be physically held in a vault.
  • Traditional Currency can be…

Citizen Bitcoin

Your guide to becoming a citizen of bitcoin.

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