twofish on Nostr: When he says, I will never own bitcoin, may imply that every dime he makes will go ...
When he says, I will never own bitcoin, may imply that every dime he makes will go back into the company. This can be a good positive feedback loop to grow equity. It may be a good strategy for entrepreneurs to grow their business on paper, but in a practical case most companies need a reserve.
I think a good analogy is solar panels vs a battery. He is saying I will have so many solar panels that I don't need a battery.
Of course some batteries loose their charge more than others.
But his central point is that bitcoin has no yield, and that is what the video is addressing.
A battery is not a solar panel.
Published at
2025-02-13 14:34:24Event JSON
{
"id": "f3a705a3bb96e2a8f8dfff6e9138281d2215c5de4c9f22beb8c153eccc941d63",
"pubkey": "9e0d3a2c5bdf7161b6f248e45af480a3d5ad923984d70ca42179b525e27caab8",
"created_at": 1739457264,
"kind": 1,
"tags": [
[
"e",
"8cc5d21911376db14baa48a1ddc89091406c9006422921efcef94f75506a06a3",
"",
"root"
],
[
"e",
"97ec2209a95960dc6e89a9da95be66b5843e8093752c4fa768264989111396fb"
],
[
"e",
"68a0e206fae1b49c35a3f5f063e64e5e8f756a530589ec26fdb8e397a9c92020",
"",
"reply"
],
[
"p",
"1afe0c74e3d7784eba93a5e3fa554a6eeb01928d12739ae8ba4832786808e36d"
],
[
"p",
"7807080250235b13c8fb67aeaf340f24c33845b2470e7ddc7ec0d40c00682645"
],
[
"p",
"c48e29f04b482cc01ca1f9ef8c86ef8318c059e0e9353235162f080f26e14c11"
],
[
"p",
"9e0d3a2c5bdf7161b6f248e45af480a3d5ad923984d70ca42179b525e27caab8"
],
[
"p",
"b4f5e7213013bcbbb551cc45599c2d5cf127f82067d947aba604dafe7b612e38"
]
],
"content": "When he says, I will never own bitcoin, may imply that every dime he makes will go back into the company. This can be a good positive feedback loop to grow equity. It may be a good strategy for entrepreneurs to grow their business on paper, but in a practical case most companies need a reserve. \n\nI think a good analogy is solar panels vs a battery. He is saying I will have so many solar panels that I don't need a battery.\nOf course some batteries loose their charge more than others.\n\nBut his central point is that bitcoin has no yield, and that is what the video is addressing.\n\nA battery is not a solar panel.",
"sig": "3571a47ffa94dfca54d753835551b26fa4a1d9d2eb1235a96fc905381f91f75e480d7d5b6a7fc435e89006dc778bf8762a6d3f36f26f9cfa6b9b410b4270892d"
}