JaakkoMultanen on Nostr: The fiat creeps in through the VC world. Once you take their money, they can start to ...

The fiat creeps in through the VC world. Once you take their money, they can start to dictate how you should run your business.

That's how the fiat value-extraction mindset kicks in, and eventually customers get fucked.

This also makes it quite hard to exit, as you'd need to find another bitcoiner to continue the business.

Fortunately bitcoin fulfills the same function as a "fiat exit" does, without having to give up the sense of purpose brought by having the business.