Letter To Children Energy And Bitcoin

Dear Jen and Matt,

As we reflect on Independence Day this year I was inspired to write this letter. If you’re going to put your life savings into something that will hold its value — energy — across time and space it helps to understand your choices.

You can think of each hour of your labor — your energy — as having been traded for U.S. dollars when you work. So you’re storing your labor in U.S. dollars. All else being equal, if I work an hour and I’m able to save the money I was paid for that hour, I want that money to keep its value over time for later spending.

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