2024-03-28 10:36:52
Bitcoin Kills Rent Seeking – Bitcoin Magazine – Nexidiant

Bitcoin Kills Rent Seeking – Bitcoin Magazine

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This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience.

We need work and work needs us.

Labor is what takes a harsh, brutist and difficult world and turns it into a livable, enjoyable and even meaningful place. Work is how we contribute to our civilization, our communities and, of course, our families. Work in a normal, functioning market provides value.

Work, in a very real sense, is what we contribute to civilization. The output of our labor is a legacy we leave behind. Our collective work is what builds everything around us, from the buildings we live in, to the roads that we travel on, the computers we type on, the electricity that we use, and pretty much everything else.

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