Escape Hatches: Migration, Bitcoin, & The Ability To Get Out
For decades, those of us skeptical of our central banks’ monetary experiments have tried to punish them for their excesses – reign them in, have them follow a stated rule, or at least provide a way for us critics to opt out of their system. Immunize ourselves from whatever havoc they’re wrecking. Projects have come and gone: e-gold, DigiCash, B-Money, Bit Gold. Yet, on a personal level we must persevere, regardless of how little you think of those rapidly diluted U.S. dollars. For the post-war generation, gold often allowed some measure of protection, but its history in 1914, 1933,...