The quest of promoting “freedom of money” has brought one Bitcoin enthusiast to the verge of joining politics.
D Alex Miller, a former high school teacher and an experienced software engineer, has decided to run for Canada’s upcoming federal elections as an independent candidate for Vancouver East. In his article-cum-manifesto published on straight.com, the aspiring politician discussed the issues related to the current monetary system; and how a decentralized digital currency like Bitcoin could circumvent them all.
“The way money is created affects jobs and the economy,” Miller stated. “It affects the affordability of housing, education, retirement, and childcare. It affects other things too. But most of all, it affects equality.”
He added: “Who gets newly-created dollars? The Mint? The Bank of Canada? TD, Royal, and Scotia? The answer is not entirely clear, but it is definitely not the poor. So it’s not hard to deduce that the current system is eroding equality: the spiritual foundation of democracy.”
Miller presented Bitcoin as an viable alternative to the current monetary framework, saying it is more transparent and has better integrity than its centralized counterpart.
“Our money lacks integrity. This is a problem because it reduces the incentive to save for the future, which reduces the incentive to