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Bitcoin Needs America

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Release: 2024-06-26 00:55:00
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Almost three years ago, I wrote in the New York Times that Bitcoin could redeem America gone off the rails.

Bitcoin Needs America

Three years ago, I began arguing in the New York Times that America needed Bitcoin. Now, the time is ripe for elite technologists and everyday citizens to understand that Bitcoin needs America. I called then–and I’ve been calling ever since–for states “to become broad legal sanctuaries” for digital rights. “Americans need Bitcoin and the like in order to take back their destinies in the digital world instead of entrusting it to more private or public sector overlords.” Vindication for this call to action has been slow. But thanks to Donald Trump, this week, it’s here. The former president’s stubborn resistance to the Biden regime’s lawfare has inspired a growing share of leading technologists to come out publicly as Trump supporters. Had Trump thrown in the towel, those techies would likely have resigned themselves to four more years of the Bidenborg’s woke war on the digital rights implicit in our First, Second, and Fourth Amendments: free speech, free association, the keeping and bearing of basic defensive tools, and freedom from warrantless surveillance and seizure. That’s why Bitcoin is the linchpin of the tech-Trump nexus. While most cutting-edge technologies, like AI, remain far from ordinary Americans’ reach and understanding, Bitcoin is fundamentally different. It’s ready, right now, for regular people to use–not just collect in a Wall Street-approved and controlled account–as a medium of exchange, one free from control by overseers hostile to our way of life, our constitutional form of government, and even our humanity itself. As Coinbase co-founder and CEO Brian Armstrong posted this week on X, “Bitcoin is an important check and balance on inflation and deficit spending. It may extend the American experiment, and western civilization along with it. Owning Bitcoin is pro-America.” Bitcoin is like nothing else in tech or in politics–a unique weapon we can wield together to bring America back from the brink. And with Trump’s embrace of it, technologists unwilling to join the Bidenborg are ready to hug Trump back. Now is the time for the next, crucial step: getting everyday people involved by the multimillions. The public needs to hear from strong pro-Trump tech leaders that Bitcoin isn’t about getting rich quick off of dollar-denominated speculation; it’s about reclaiming our country’s destiny from control by a woke supercomputer. Buying Bitcoin is great, but it is not enough. Since the Founding, Americans have agreed that real wealth is useful–and that honest use toward healthy ends generates true wealth. That’s why millions and millions of Americans need to be using Bitcoin as it was designed: to bend our vast computational resources to serve what’s best and most sacred about us and our lives, not collectivist ideologies or globalist fever dreams.

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