Bitcoin fosters individual sovereignty from "summary" of The Fiat Standard by Saifedean Ammous
Bitcoin's ability to foster individual sovereignty is a direct result of its decentralized nature. Unlike traditional fiat currencies that are controlled by central authorities, Bitcoin operates on a peer-to-peer network that is not controlled by any single entity. This decentralization gives individuals full control over their own funds, allowing them to transact freely without the need for intermediaries or third parties. By eliminating the need for banks or financial institutions to approve transactions, Bitcoin empowers individuals to be in full control of their financial activities. This level of autonomy is unprecedented in the world of finance, where individuals are typically subject to the whims of central authorities. With Bitcoin, individuals are free to send and receive funds as they...
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