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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.
Users of some exchanges based in the United Kingdom need to pass a quiz (to show understanding of the risks) before they can buy Bitcoin.

Perhaps people should also pass a quiz before using fiat money, just so they also understand the risks. Here is a United Stated based quiz.

75% score required, 15 out of 20 questions.

What is the Cantillon Effect?
Describe seigniorage?
Who benefits most from seigniorage?
How much value has the dollar lost since 1913?
What is the #1 cause of inflation?
What is “fiat” money?
What does fiat mean in Latin?
Who prints money in the United States?
What is Quantitative Easing (QE)?
What is a Central Bank?
When was the US Central Bank created?
What happens to the value of fiat over time?
Describe the Bretton Woods agreement?
Why does the US borrow money it can print?
What monetary event happened in 1971?
Why was it made illegal to hold gold in 1933?
What is fractional reserve banking?
Why do governments prefer fiat money?
Who benefits from “setting” interest rates?
What is the M1 money supply?
You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery102TheRisksOfFiat.html
Power of the money printer
Quite intoxicating

Stealing from the rest of us
Shame, incriminating

Modern Monetary Theory
Slowly devastating

Bitcoin makes the money true
Free and liberating

Rebuilding our lives and wealth
All appreciating

Cantillon theft and seigniorage
Now eliminating

Bitcoin adoption ‘cross the world
Fast accelerating
You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery075BitcoinIsLiberating.html
When you’re weary of inflation
And you want to cry and pout
Take a stand, and take a step
Get Bitcoin, and opt out

Are you tired of censorship,
Where your freedom is in doubt?
Make a concrete choice today
Get Bitcoin, and opt out

Do you want more hope in life?
More confidence, strong & stout?
Then choose accountability
Get Bitcoin, and opt out

When you’re sick of seigniorage
This theft that comes with “clout”
You can claim your power now
Get Bitcoin, and opt out

Bitcoin provides a better way
So stand up with joy and shout
That it remains permissionless
Get Bitcoin, and opt out
You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery110GetBitcoinAndOptOut.html
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
You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery117AlignedIncentives.html

— The End —