The Conservative Case for Cryptocurrency
This isn’t investment advice. It’s a warning.
Wednesday, April 7, 2021
If you listen to defenders of the US dollar, you might get the idea that cryptocurrencies are only good for funding terrorism and hard drugs. And when you consider that cryptocurrencies represent a pretty clear break with tradition, a conservative might be inclined to stick with what’s familiar.
That’s understandable. One of conservatism’s hallmarks is skepticism of change that happens too quickly or threatens well-established institutions. In this way, many conservatives think the US dollar is good enough:
If it ain’t broke, don’t fix it.
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