If Wells Fargo can create currency with the click of a button, and I have to work all day to create it, that’s a currency with an inequitable labor contribution. If two men instead want to mine a Bitcoin, they have to put in the same amount of work to procure the miners and run the miners.

Everything is about labor. The support for this truth is found in 5,000 years of using gold and commodities as stores of trade value. When currencies not requiring stored energy are employed, they fall apart…like every fiat currency ever. We need a currency that requires just as much work for one guy to create as it does the next.