Bitcoin Poem 117
Aligned Incentives (Problems/Solutions 31)
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Aligned Incentives (Bitcoin Poem 117)
Fiat money and central banking
Bring about perverse incentives
Such as stealing via debasement,
Economic manipulation & distortion
To benefit those in power and control, &
Seeking unearned money (seigniorage)
Therefore
We need a system with only aligned
Incentives, where rewards are based
On work and value delivered to others,
Price signals are true and accurate, &
Assets are assets, & money is money
Bitcoin establishes aligned incentives
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