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Bitcoin Songsheet Private Property – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

Good fences make good neighbors.

Clear boundaries separate accountability and clarify who is due what. With good boundaries, we will act extra decisively as a result of we all know what we personal. Without it, no person feels accountable so it will get plundered like an appetizer plate which inevitably comes down to that final piece which retains getting cut up in half. We name what we personal property and the rights of possession, property rights.

The capacity to actually personal one thing is foundational to civilization. Those that personal one thing and are assured of property rights are more likely to handle it. Think about how a lot cleaner a typical Uber driver’s automobile is versus a regular New York City taxi.

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