Bitcoin Is Free and Fair but Not Progressive

Bitcoin Is Free and Fair but Not Progressive
Strictly speaking, Bitcoin is for everyone. I like to think about this decentralized network as a type of public commons – it’s an open ledger that anyone can append, anyone can access, anyone can take part in. (I do.) It’s bigger than any single individual, corporation or government. To this extent, Bitcoin is one of the fairest – perhaps the most fair – monetary networks today.But progressive, Bitcoin is not. Released into the wild during the height of the 2008 financial crisis, Bitcoin is an experiment with non-state money. It’s a political project, one that enshrines the values of private…