State-Proof Money: The Case For Bitcoin Adoption In South Africa

LF11

FMF Policy Agenda

Summary

In South Africa, persistent statist policies, economic interventionism, and state dysfunction have long eroded personal and economic freedom. The Free Market Foundation (FMF) advocates for state-proofing – building resilient, voluntary systems outside government control to mitigate hostile policy and state failure.

This paper urges individuals to self-custody Bitcoin, businesses to explore transactional and balance-sheet use, and policymakers to maintain a permissive framework that supports monetary freedom.

Bitcoin is not merely an investment but a practical instrument of state-proof money that separates money from state and empowers citizens.

Contributors

David Ansara

Chief Executive Officer

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The views expressed in the article are the author’s and are not necessarily shared by the members of the Foundation. This article may be republished without prior consent but with acknowledgement to the author.

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