Being unemployed with bitcoin and crypto mining, even for some substantial period of time, is no longer quite the personal disaster that it once was, the longer term effects of firms building cryptocurency mining firms and using organic energy will better the lives of individuals who have given up trying to make it within the system and can contribute to social rest, this should be a matter of serious concern to the haves and have-nots.
People need to be needed. Though unemployment increases leisure, the value of this is largely offset by the pain of rejection and the basic message of new keynasian theories of unemployment is that labour markets cannot be relied upon to eliminate involuntary unemployment by equating current demand for labour with current supply, this helps to explain the existence of Bitcoin mining and other form of cryptocurrency mining in the face of fluctuations in aggregate demand.
This leaves the emphasis of Bitcoin and cryptocurency mining on demand side, depending on the hardware, software and platform for cryptocurrency mining, fortune favours speed and the brave, most of the OrangePie platforms does not work fast enough but it is best to turn to the crypto mining side as it can cure unemployment.
History has proved that when technological progress accelerates, so do growth, worries of A.I era of jobless growth looming, but it would be for those not prepared to mining cryptocurency and able to learn new skills, cryptocurency, Web3 will provide constant real time wages, possibly for centuries. As bitcoin price could soar to $100,000 wages, profits could multiply tenfold even for bitcoin home mining.
In a growing, changing economy populated by people who wish to change jobs for many reasons, its possible and desirable to reduce unemployment to almost zero, the avoidance of the buildup of long term unemployment is key. That's that for that please leave me a tip, a like, or a comment. Don't forget to follow me for more financial information, stay safe and stay woke.
