Resistance Money
A Philosophical Case for Bitcoin
Written by Andrew M. Bailey and Bradley Rettler and Craig Warmke.
In an imperfect world of rampant inflation, creeping authoritarianism, surveillance, censorship, and financial exclusion, bitcoin empowers individuals to elude the expanding reach and tightening grip of institutions both public and private. So although bitcoin is money, it isn't just money. Bitcoin is resistance money.
Three philosophers examine why Bitcoin was invented, how it works, and where it fits among other kinds of money. The authors offer a framework for evaluating Bitcoin from a global perspective, using it to examine its monetary policy, censorship-resistance, privacy, inclusion, and energy use. The book develops a comprehensive and measured case that Bitcoin is a net benefit to the world, despite its imperfections. Accessible to newcomers and specialists alike, it addresses the strongest arguments against Bitcoin and shows how most come up short.