Changelly

Cryptocurrency

Bitcoin Songsheet Private Property – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

7 Mins read



Good fences make good neighbors.

Clear boundaries separate responsibility and make clear who is due what. With good boundaries, we can act more decisively because we know what we own. Without it, nobody feels responsible so it gets plundered like an appetizer plate which inevitably comes down to that last piece which keeps getting split in half. We call what we own property and the rights of ownership, property rights.

The ability to really own something is foundational to civilization. Those that own something and are assured of property rights are much more likely to take care of it. Think about how much cleaner a typical Uber driver’s car is versus a standard New York City taxi.



Source link

Related posts
Cryptocurrency

Terra (LUNA) Faces a Fight for Survival, Any Hope?

2 Mins read
Terra Price Prediction – May 19 The next few months may see Terra LUNA’s price prediction falter a bit, but that shouldn’t…
Cryptocurrency

Polkadot Price Prediction for Today, May 19: DOT Hasn’t Stopped Declining

2 Mins read
Polkadot Price Prediction – May 19There has been a continued situation of failing striving efforts in the DOT/USD market activities over a…
Cryptocurrency

Bitcoin Selling Pressure Continues As Long-Term Holder SOPR Spikes Up

2 Mins read
On-chain data shows the Bitcoin long-term holder SOPR has recently observed spikes, suggesting that this cohort is still continuing to sell. Bitcoin…

Leave a Reply

Your email address will not be published. Required fields are marked *