The Satoshi Revolution, chapter 1 (part 2)

by Wendy McElroy

“The history of private minting in early America is deep, pervasive and intimately tied to the nation’s economic success. Fraud was certain present but so, too, was meticulous honesty. The mints with high reputations and good business sense not only succeeded but also outperformed their government counterparts, which were reduced to using force in the form of law to gain the upper hand. Government did not act on behalf of the public. If it had, it would not have attacked honest firms that provided desperately need services to miners, merchants and purchasers. Government acts on its own behalf to line its pockets and strengthen its power.” (10/07/17)