cloud fodder on Nostr: on a short term timescale, the fiat system won. the fiat system is why living "costs ...
on a short term timescale, the fiat system won.
the fiat system is why living "costs so much". its why as a startup business you cannot even afford an additional programmer because their salaries have inflated way beyond what a startup can afford. real startups dont exist anymore, they are replaced by hedge funds which are simply huge corporations protecting their talent moat by playing rediculous lending games. they hire people to DO NOTHING for 350k a year, just to prevent them from providing value somewhere else outside their fund... its nearly impossible to break this cycle.
the government in america made it damn near impossible to pay your fellow value producers in bitcoin, making sure to classify it as property and subject to a slew of anti innovation laws. then they set their sights on cash and payment platforms like paypal, venmo.
the only way i believe v4v can *ever work again (if it ever did), is with bitcoin and a 5 year hodl strategy. if you dont have 5 years to build the momentum, while surviving the fiat world .. then you wont be on "the plateau", you wont ever win. the bitcoin you receive today and spend immediately on something you dont need like a coffee from fiatbucks is going to prevent you or your business from ever taking off.
atlas has shrugged, this is just how things are now. much of the world has turned to UBI and guess what, thats gonna make it even harder to exchange value for value. the fiat you have been paid was stolen directly from your own pocket. the only thing we can look forward to is, people still need things. actually need them. those things if you can produce them have value. you have to find a way to trade the value to others and stack it into bitcoin, and bunker down its gonna be a long hard fucking road.
a dive into how the adamcurry (nprofile…tsq2) noagenda show runs is a good example of throwing away the value that is created by converting their bitcoin donations to fiat (at John C Devorak's request). He was afraid, because of laws making it very hard to hodl bitcoin at your company. If they had been able to stash that into the business, noagenda would be worth 100x, maybe 1000x what it is now..
the fiat system is why living "costs so much". its why as a startup business you cannot even afford an additional programmer because their salaries have inflated way beyond what a startup can afford. real startups dont exist anymore, they are replaced by hedge funds which are simply huge corporations protecting their talent moat by playing rediculous lending games. they hire people to DO NOTHING for 350k a year, just to prevent them from providing value somewhere else outside their fund... its nearly impossible to break this cycle.
the government in america made it damn near impossible to pay your fellow value producers in bitcoin, making sure to classify it as property and subject to a slew of anti innovation laws. then they set their sights on cash and payment platforms like paypal, venmo.
the only way i believe v4v can *ever work again (if it ever did), is with bitcoin and a 5 year hodl strategy. if you dont have 5 years to build the momentum, while surviving the fiat world .. then you wont be on "the plateau", you wont ever win. the bitcoin you receive today and spend immediately on something you dont need like a coffee from fiatbucks is going to prevent you or your business from ever taking off.
atlas has shrugged, this is just how things are now. much of the world has turned to UBI and guess what, thats gonna make it even harder to exchange value for value. the fiat you have been paid was stolen directly from your own pocket. the only thing we can look forward to is, people still need things. actually need them. those things if you can produce them have value. you have to find a way to trade the value to others and stack it into bitcoin, and bunker down its gonna be a long hard fucking road.
a dive into how the adamcurry (nprofile…tsq2) noagenda show runs is a good example of throwing away the value that is created by converting their bitcoin donations to fiat (at John C Devorak's request). He was afraid, because of laws making it very hard to hodl bitcoin at your company. If they had been able to stash that into the business, noagenda would be worth 100x, maybe 1000x what it is now..