The Decline of Economic Freedom in Europe

It’s not just a feeling, economic freedom in Europe really is going down. The 2024 Index of Economic Freedom shows that several countries have seen their scores drop due to heavier regulation and more government control. France is down to 62.5, and Italy dropped to 60.1 ScribdMarotta On Money+2Investopedia+2Wikipedia+2Landgeist both struggling with public spending, bureaucracy, and trust issues.

And people are noticing. In Mion’s recent survey:

  • 56% of people said their governments are mismanaging monetary policy.

  • 72% are worried about surveillance and losing financial privacy.

That’s a big deal. More and more people are looking for something outside the system something they can actually trust.

Bitcoin as a Response to State Overreach

Bitcoin wasn’t built as a trend or a tech project. It was a reaction to the 2008 financial crisis, a way to opt out of a system that felt broken. It’s open to anyone, can’t be shut down, and doesn’t need permission from banks or governments.

With Bitcoin, you can hold your own money and send it anywhere, no middlemen, no freezing accounts, no hoops to jump through.

Four Freedoms Bitcoin Helps Unlock

  1. Stable Currency : In countries like Argentina and Turkey, Bitcoin helps people escape inflation and keep their savings intact.

  2. Free Trade: The Lightning Network makes borderless payments fast and cheap. 

  3. Property Rights:  Bitcoin ownership is protected by math, not institutions. It’s your money, and no one can take it away.

  4. Permissionless Access :  All you need is a smartphone — no bank account, no paperwork, no one telling you "no.".

Why Bitcoin-Only Amplifies These Effects

Bitcoin is the most tested, most secure, and most ideologically consistent payment network ever created.

The fiat system we all use today? It works in the opposite way. A handful of central banks make the rules, they can print more money whenever they want, and the value in your account quietly erodes over time. Decisions are made behind closed doors, and ordinary people are left to deal with the fallout, higher prices, less purchasing power, and no real say in the process.

At Mion, we believe sticking to Bitcoin matters and our users agree. In our survey, 60% said they trust Bitcoin more than any other crypto asset. Many felt confused or put off by the complexity and hype around altcoins.

Ready to Take Back Control?

If you're a business owner or just someone who’s tired of feeling powerless in a broken system, it might be time to explore something better. Bitcoin gives you the tools to own your money, protect your privacy, and step into a more open financial future.

At Mion, we make it simple to accept Bitcoin with no complexity, no confusion, built for everyday people.

→ Learn more about how Mion helps businesses take back control.