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Progressives Misunderstand Bitcoin Because They’ve Lost Their Way

Logan Bolinger is a lawyer and the author of a free weekly newsletter about the intersection of Bitcoin, macroeconomics, geopolitics and law.

As Bitcoin continues to infiltrate U.S. politics and policy, debates about which political party is more naturally aligned with the orange ethos have proliferated and intensified. The increasing number of self-described Progressives entering the space has catalyzed some heated discussions about how Bitcoin fits into the ideology of the political left. Is Bitcoin Progressive? Is it fundamentally not Progressive? Is it something else? To understand why these may not even be the right questions and why many (though not all) Progressives seem to struggle with Bitcoin, we should refine some of the partisan language and identifiers that tend to constrain our thinking. To the point, it’s high time we disentangle capital “P” Progressivism from lowercase “p” progressivism.

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