Bitcoin Is Protection From Time Theft – Bitcoin Magazine

Bitcoin Is Protection From Time Theft – Bitcoin Magazine

  • Bitcoin
  • November 21, 2022
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This is an opinion editorial by Dustin Lamblin, a portfolio manager and AI quantitative researcher.

When people work, they trade their personal time on Earth in exchange for money. As the old adage goes, “Time is money.” When people lose control over their money, they give up their most precious resource they have in their limited time on Earth: the control of their time and thus, their freedom. Unfortunately, this nightmare is a reality for billions of people around the world. People get robbed of different forms of their hard-earned savings everyday. It can happen during wars or under authoritarian regimes, but sometimes it can even be as subtle as the passing of time with the insidious form of wealth erosion that we commonly call inflation.

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