The Conservative Argument for Bitcoin
For conservatives, it is not surprising that bitcoin is an appealing technology, according to Dennis Porter.\xa0\nBitcoin is \u201ctruly nonpartisan,\u201d says Porter, CEO and co-founder of the Satoshi Action Fund, but within the technology, \u201cthere are so many things that I think appeal to the conservative voter or Republican voters,\u201d he argues.\nBitcoin is unique because it\u2019s \u201cmoney which can't be debased,\u201d the CEO of the pro-bitcoin policy organization says.\xa0\nThere are only 21 million bitcoin in existence and no more can be created, protecting the digital currency against inflation.\xa0\n\u201cI think also beyond that is this idea of individual freedom,\u201d Porter says. \u201cYou are able to operate wholly on your own with no third parties, without asking permission,\u201d he says adding, \u201cyou are able to access the bitcoin network globally, anywhere in the world and be able to participate in the economy without asking permission.\u201d\xa0\nPorter joins \u201cThe Daily Signal Podcast\u201d to discuss the future of bitcoin use and how the currency is playing a role in the 2024 presidential election.