grolsch on Nostr: The difference being the fact that nobody handed you the sats you have, most probably ...
The difference being the fact that nobody handed you the sats you have, most probably you had to work hard to exchange something for them. or maybe some were given to you, if you have a very good friend 😂.
But by design, all sats are created by Work, which can be done by anyone that wishes to try to find the next block. And those of us that didn’t do the work to create those sats, would have to work to give something in exchange for those sats. This is not cantillon at all.
Cantillon is when I give my “insiders” and “devs” a bunch of tokens for the mere luck of they being close to “the project”. Given them an arbitrage opportunity not available to others.
But by design, all sats are created by Work, which can be done by anyone that wishes to try to find the next block. And those of us that didn’t do the work to create those sats, would have to work to give something in exchange for those sats. This is not cantillon at all.
Cantillon is when I give my “insiders” and “devs” a bunch of tokens for the mere luck of they being close to “the project”. Given them an arbitrage opportunity not available to others.