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133 sats \ 3 replies \ @zapsammy 1 Mar \ parent \ on: Stacker Saloon
sounds like "where can i lend 1 BTC and get back 2 BTC?"
that is not how bitcoin and righteous economics work. instead, find the man who is willing to build something for you in exchange for sats - he builds it - u pay him - u then get to enjoy the thing. if u can then use the thing in order to catch up and surpass the amount of bitcoin originally invested, good for u.
The example you mention is a simple case of freelance. I am referring to something bigger, with a greater social impact. A platform where developers and entrepreneurs who need capital to make their dreams come true can go. Then they take out a loan in Bitcoin at 3% or 4% to work. Then they pay back the loan also in Bitcoin. This contributes to the adoption of the Bitcoin economy.
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let's start with the extreme and work our way to an ordinary investment:
- what if i care about the problem of ch!Id trafficking and want to invest in people who fight those crimes? shud i expect a yield in dollars, sats, or any kind of money in order to battle these crimes thru yield-generating investments?
- ok, ch!Id trafficking is extreme. what about orphanages? how much yield shud i get on investing in those?
- fine, let's take instead... parent education, so that they don't end up giving their children to orphanages, from where the ch!Idren end up being trafficked. how much yield shud i get on investing into parent education companies?
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What you just explain will work in a fiat economy. In a Bitcoin economy it doesn't work. You cannot pay a % interest IF YOU DO NOT LOSE MONEY.
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