Bitcoin Is Decentralized Defection – Bitcoin Magazine

Bitcoin Is Decentralized Defection – Bitcoin Magazine

This is an opinion editorial by Kyle Schneps, director of public policy at Foundry, a Digital Currency Group company.

The old system of defection from the Cold War rewarded the elite few who chose to publicly opt out of authoritarian regimes in favor of Western democracies. The Bitcoin network now allows all people, regardless of station or class, to privately opt out of tyranny by investing autocrat-controlled currencies in a decentralized global system of economic independence.

Walking through the labyrinthine corridors of CIA headquarters late at night in the 1960s, you would eventually notice a wedge of dim smoke light as you passed a certain office suite on the top floor. Following the trail of light and peering inside, you would see a gaunt bespectacled man bent over countless volumes of poetry and stacks of human intelligence files. A single dim bulb will highlight an overflowing ashtray and a perpetually wrinkled forehead. You would be looking at James Jesus Angleton, the grandfather of US counterintelligence analysis and operations – and also one of the most controversial figures in the gray corners of US history.

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