Bitcoin Songsheet: A Nation Of Rent Seekers
The fiat monetary system ultimately disincentivizes productivity and the creation of real value and instead attributes wealth to rent-seekers.Rent seeking is the real virus.The virus spreads from person-to-person through the central bank-backed fiat monetary system and grows like a cancer through regulation. Rent seekers think they are providing some value somewhere, but can’t identify how, because they aren’t providing any. They are able to extract a tax from various transactions, consuming resources without producing. They are a cancer ruining civilization, infecting governments,....
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First - an apology for the lack of coverage over the past few days. I am traveling but will be back full-force at the end of the week. This past weekend, a Bitcoin Job Fair took place at the Plug and Play Tech Center in Silicon Valley. Turns out it was a pretty big deal. All told, there were about four hundred job seekers in attendance - with thirty-four bitcoin-related companies in attendance to recruit potential candidates. According to a job fair organizer, more information how many job seekers have been hired by these very employers. Of course that information will be interesting, and....
The awareness about Bitcoin and growth of the Bitcoin industry is becoming more evident day by day. The recently held Bitcoin job fair is a shining example of what the Bitcoin industry is moving towards. The second edition of Bitcoin job fair, held at the Plug and Play Tech Center saw a huge turnout of both Bitcoin businesses and job seekers. Unlike last year's event, most of the startups attending this year's job fair were well funded with products in advanced stages of development. Both big businesses and startups competed on par with each other to hire the talents available at these job....