The Bitcoin law: Counterfeit free choice in currency

George Selgin  |  June 18, 2021

By George Selgin, includes “So, it has happened: a country—an honest to God, bona fide, country, complete with its own flag, coat of arms, seat at the U.N., army and air force—a small navy, even!—has adopted bitcoin—that's right, bitcoin!—as its official currency. … No wonder that, although it's now been more than a week since the Bitcoin Law was passed, many Bitcoin devotees haven't stopped celebrating. And I'd be celebrating right along with them, were it not for some of the Bitcoin Law's disturbing features. …”

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