Free State Bitcoin Shoppe: Interview With Co-Owner Derrick J. Freeman
Posted by TDB on August 6, 2017 12:29 pm
Tags: Alternative currencies, BITCOIN, Blockchains, Central Banks, Cryptocurrencies, CURRENCY, Digital Cash, FEDERAL RESERVE, Finance, laser, Linux, MONEY, OPERATING SYSTEM, ron paul, US Federal Reserve
Categories: Alternative currencies Bitcoin Blockchains Central Banks Cryptocurrencies Currency digital cash Economy federal reserve Finance laser Linux money operating system Ron Paul US Federal Reserve
Can you give me the rundown on your shop?
Derrick J: Free State Bitcoin Shoppe is a place for people to level up on their cryptocurrency knowledge and trade their digital cash for unique tech and freedom-themed souvenirs. Our mission is to help people use better money.
To a backdrop of dance-punk and electronic music, we offer one-on-one assistance to the bit-curious to help spread the crypto-economy in New Hampshire. It’s packed with seditious propaganda like libertarian art and literature, books on programming, and freedom tech like hardware wallets and USB thumb drives with TAILS Linux loaded on them (the operating system Edward Snowden uses to protect
his privacy online).
When we’re not busy teaching tourists and passers by about Bitcoin, the shoppe is an office for [co-owner] Zyler and me: where we do coding, writing, and video production. The Shoppe is right on the edge of New Hampshire at 56 State St in Portsmouth — so close that both the water and Maine’s coast are visible from our front door.
What do you sell at the shop? Is there specific merchandise you hope to add?
Derrick J: We sell things you won’t find anywhere else: Doge curtains and pillows, 3D-printed combination locks to protect USB keys, Tesla T-Shirts, laser-cut wood boxes with secret compartments, BipCot Licenses, Bitcoin clocks, an Aztec calendar, build-it-yourself 3D-printer kits, and various New Hampshire-themed gifts. Next week, a unique Bitcoin vending machine will arrive at our store, offering the opportunity for people to trade in their Federal Reserve Notes for Bitcoin, Dash, and Monero.
Besides Bitcoin, what forms of payment do you accept?
Derrick J: Monero is preferred. We take all forms of cryptocurrency and offer 20% if you pay for the merchandise with that currency. Yesterday, a customer bought $85 of doge-themed merchandise with Doge-coin.
We don’t take Federal Reserve Notes, credit cards, or metals. (Sorry, silver bugs. Time to realize the silver thing is never going to happen.)
Since the value of Bitcoin fluctuates, how do you set the prices?
Derrick J: It’s easy. We set prices in Bitcoin. The bitcoin wallet on your phone will convert instantly so you can see how much things cost in terms of dollars or any other currency.
How did you choose the location for your shop?
Derrick J: We had been scouting locations for a retail shop for a month or two. While walking downtown in the Portsmouth Pride Parade this June, we passed some empty windows where a small boutique had been.
We said “This would be perfect!!” It’s 100 feet from the biggest park in town, where musical theater and concerts play daily and nightly, visible by the water, plenty of parking across the street, and adorable tourist-trap stores nearby that attract lots of foot traffic from international guests. It’s one of the busiest corners in one of the wealthiest and most happening places in the Shire. It’s the perfect location to draw in people to learn about Bitcoin.
You have long been a liberty activist. You have committed acts of civil disobedience (Derrick J’s Victimless Crime Spree), challenged unjust laws in court, and even spent some time in jail. Does this shop mark a shift in tactics for gaining individual freedom?
Derrick J: Yes, totally. I’ve learned through trial and error what works and what doesn’t.
Civil disobedience may be moral and make me feel good, but it is ineffective at achieving more freedom unless others participate en masse. Good luck with that — most people aren’t courageous enough to take any risks and would prefer comfortable slavery to dangerous freedom.
Instead, I am taking the entrepreneurial route: offering political art and freedom-enhancing tools in exchange for cryptocurrency. The mission isn’t as much to “make money selling merchandise” as it is to grow the value of my cryptocurrency holdings by growing the network. As more and more people use bitcoin, the value of the crypto-economy grows, and the power of the central banks shrinks.
This is the best way I’ve discovered to empower myself and others, by taking a small, low-risk baby step toward more financial independence (which is the most important type).
Do you consider Bitcoin and other cryptocurrencies the best hope for freeing individuals from the unjust power of the state?
Derrick J: Oh, lord no. Philosophy is the best hope for freeing individuals from the power of the state, because the power and the state only exists in their heads. Without philosophy, people are doomed to continue on whatever path their ancestors’ trajectory put them on.
Fortunately for New Englanders, our ancestors placed us on a slow vector toward ever-increasing respect for property rights, which continues today (in New Hampshire especially).
Bitcoin is packed with philosophy, whether users are aware of it or not. Bitcoin empowers the individual with privacy over their money (if they want it), reduces the power of international central banking cartels with every dollar that exits into the crypto-economy, and ultimately helps end wars as people quickly become accustomed to a deflationary currency (rather than the inflationary currencies used to finance the wars of the 20th century).
Do you have any advice for people who want to be free, but feel it is impossible? What can people do to free themselves in your opinion?
Derrick J: Read books that inspire you. Fill your brain with ideas that energize you. Pursue happiness through a virtuous life. Challenge yourself. No matter my current situation, behind bars or on a deserted island, my journey to freedom has been one of personal growth.
So far, what is your favorite part of running the shop?
Derrick J: My favorite part of running the shop is seeing libertarians walk in and watching their faces light up as they realize what the store is. They see Ayn Rand, Ron Paul, and Ludvig Von Mises, a Bitcoin symbol, Gandhi, Thomas Jefferson, and “Live Free Or Die” signs plastered everywhere, and they all say some variation of “I’ve never seen a store like this before!”
Those interactions make my day.
Thanks so much for sharing your experience!
Derrick J: Thank you for asking!