Free Money: Bitcoin and the American Monetary Tradition

America in its heyday had private money-Bitcoin is seeing to it that this heyday returns.

Bitcoin is private money. We needed private money again, and Bitcoin came to provide it. Bitcoin's function, characteristics, architecture, and appeal pertain not only to our own time. Bitcoin clarifies so much we have forgotten, or have never known, about our monetary history: that private money, made for a profit, is the money of economies that really move. Over time, these populations become legendar...