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Apr 2023
Seigniorage refers to the profits
   A government earns by creating and
      Issuing new currency for a nation, but
         The seigniorage benefits those in power
            Who receive the new money first via the
               Cantillon effect. Specifically, the Federal
                  Reserve, the US Treasury, & large banks
                     Therefore
                  In order to foster more equality in finance
               We can move to a decentralized currency
            In the Bitcoin network the profits earned
         From creating new bitcoin are given out
      To those who work maintaining and
   Securing the network, rather than to
Any centralized person or group
You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery051Seigniorage.html
You work for the money that other people print for free - that's the advantage of Seigniorage.
For them, not you.
Christopher Westra
Written by
Christopher Westra  57/M/Utah
(57/M/Utah)   
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