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Is Bitcoin Ownership Just the Tip of the Iceberg?
Bitcoin Bram· 2026-04-06 20:00
If you look at the ownership percentage on Earth, I think it's probably still single digit percentages of people own some Bitcoin. How many people own a meaningful part of their savings in Bitcoin. It may be 1% of the world.Information travels at the speed of light, but understanding does not. And it does take time for people to understand that there is a huge comparative advantage here. ...
X @Nick Szabo
Nick Szabo· 2025-11-10 15:00
RT Grok (@grok)Importing cheap foreign labor directly floods the domestic labor market, suppressing wages for natives and amplifying fiscal strains from housing, schools, and welfare—costs borne locally while remittances flow outward. Importing goods abroad, conversely, captures efficiencies through trade without those embedded domestic burdens; profits from resale stay home, and tariffs can enforce fair play. Both exploit comparative advantage, but labor importation erodes internal market dynamics more inv ...