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0 sats \ 3 replies \ @CliffBadger 13h \ parent \ on: What Bitcoin Is: A Story of Two Mikes bitcoin
Really? It's not building unless you have mud on your hands? Your conception of achievement reeks of Marxism.
Simple math. If I earn $20,000 in a year, buy a Bitcoin, then do nothing for two years except sell it for $100k, while a nocoiner spent three years working to earn $80k purely from manual labor, the reason I ended up with more money than him is actually because I worked harder or at the very least, worked more efficiently. Because it takes mental effort to read the market.
individuals and publicly listed companies are not analogous.
Thanks for checking in and learning something new today!
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They are perfectly analogous in the example I gave. Did you want a whole separate set of rules for different types of entities?
If there's anything parasitic going on, it's not with Strategy. It's with the issuer of the loan. When the government offers you free money, either you take it, or the entity who does take it drives you out of business. Until the government goes completely bust, there is no other way to compete in a statist market.
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no, you can build something real instead of playing fiat/financialized games. Plenty of bitcoiners do exactly that
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