0 sats \ 0 replies \ @itsrealfake 5 May 2022 \ on: Why Bitcoin? Bitcoiners' argument for PoW (by Simon Satoshi for European Bitcoiners) bitcoin
Great explainer. GG OP, you found a good one, thanks :)
Additionally, I have trouble with this claim ^^
Even if I'm working in strictly bitcoin denominated work, it's hard to understand how i'm not taking advantage of arbitrage between my work-hour value here vs. my work-hour value in some less developed economy. i.e. if i spend 4 hours shoveling dirt in NYC, my rate of pay is higher than if i were in some backwoods.
Anyway, i've been thinking about it a fair bit as I think about absconding from a first world location to a less expensive location in a different country... and the relative "fairness" of the stack i'm able to accrue before leaving.