jerrybature_ on Nostr: It's difficult to grasp Bitcoin when one's salary comes from the government. Whether ...
It's difficult to grasp Bitcoin when one's salary comes from the government. Whether value is provided or not, "money" gets printed and shared to everybody, for the sake of being on the pay-roll. But Bitcoin flips everying inside-out: one has to work hard (sometimes, more harder) in order to provide value and get paid in bitcoin. In other words, rent-seeking is far easier than standing on one's competence.
Published at
2024-08-12 13:08:33Event JSON
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"content": "It's difficult to grasp Bitcoin when one's salary comes from the government. Whether value is provided or not, \"money\" gets printed and shared to everybody, for the sake of being on the pay-roll. But Bitcoin flips everying inside-out: one has to work hard (sometimes, more harder) in order to provide value and get paid in bitcoin. In other words, rent-seeking is far easier than standing on one's competence.",
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