Obviously #bitcoin is the only true Bearer Asset left.
“The story would be very different, because in the United States, subsoil rights do belong to the landowner (unless they’ve been sold separately), so if instead of being born in Auvergne, he had been born in Texas, he could legally be exploiting his gold, or at least negotiating with a mining company to take a share of whatever is earned from his deposit.
And the truth is, when things like this happen, the only thing that comes to mind is wondering how far private property rights go in many places. Is it logical, or at least fair, to find a gold mine on your own land and not have the option to negotiate? It would be a very different story if this man hadn’t spoken up about his discovery.”
Opinions?
nostr:npub1hzz35pkl67w53lpj2g62zh56g63j5zvz4q3m2nxlsfg5hxcjpwssaynqel
nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u
nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
nostr:npub1dg6es53r3hys9tk3n7aldgz4lx4ly8qu4zg468zwyl6smuhjjrvsnhsguz
nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a
nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe
There is no such thing, or nearly no such thing, as land ownership in the US. In USA, you purchase exclusive usage rights of the land, a little bit of the space above the land, and sometimes what lies beneath the land. Rarely some people buy land and pay a lump sum lifetime tax to own the land until they die, then they can transfer it to someone who pays land tax annually (like outside las Vegas during the boom years, this was not rare).
Bitcoin is land without tax.
Beautifully said, doc!
