Resistance Money | Andrew M. Bailey

Bitcoin isn’t just for criminals, speculators, or wealthy Silicon Valley entrepreneurs – despite what the headlines say. In an imperfect world of rampant inflation, creeping authoritarianism, surveillance, censorship, and financial exclusion, bitcoin empowers individuals to elude the expanding reach and tightening grip of institutions both public and private. So although bitcoin is money, it isn’t just money. Bitcoin is resistance money.

Resistance Money: A Philosophical Case for Bitcoin begins by explaining why bitcoin was invented, how it works, and where it fits among other kinds of money. The authors then offer a framework for evaluating bitcoin from a global perspective and use it to examine bitcoin’s monetary policy, censorship-resistance, privacy, inclusion, and energy use. The book develops a comprehensive and measured case that bitcoin is a net benefit to the world, despite its imperfections. Resistance Money is intended for all, from the clueless to the specialist, from the proponent to the die-hard skeptic, and everyone in between.

About the Authors

Andrew M. Bailey is Professor and a founding faculty member at Yale-NUS College, where he teaches and does research on money, metaphysics, and philosophy of religion. Recent publications include an interdisciplinary case for bitcoin (Resistance Money), a monograph on divine and human natures (Monotheism and Human Nature), and articles on free will and the metaphysics of human nature.

Bradley Rettler is Associate Professor of Philosophy at the University of Wyoming. He has published peer-reviewed academic papers on metaphysics, philosophy of religion, epistemology, and cryptocurrency. His book, *Resistance Money: A Philosophical Case for Bitcoin*, will be published by Routledge in June 2024. His second book, *The Problem of Divine Personality* is under contract with Cambridge University Press.

Craig Warmke is Associate Professor of Philosophy at Northern Illinois University. He researches money at the intersection of philosophy, economics, and computer science.