INSIGHTS FROM CFA SOCIETY SINGAPORE
Making a philosophical case for Bitcoin
The authors of ‘Resistance Money’ argue that users’ ability to defend themselves against financial censorship is among the cryptocurrency’s top merits
“BITCOIN is for criminals. It’s a tool for terrorists, drug dealers, and hackers, and a plaything for degenerate speculators.”
“Compared to physical cash, Bitcoin enables some wrongdoing more easily over longer distances.”
“Perhaps in the long run, Bitcoin could destroy the international order by making sanctions less effective.”