In my opinion, economics i the best base for business.
You come to understand the importance of signaling low time preference to your partners and how to do it.
There's no math in that bro.
Imma be honest I don't have more inspiration to continue this note ๐ but I know there's a dozen such examples of economics. It's not about finance. Finance is the thing a business owner eventually hire someone for because he can't be bothered with that bullshit. There's risk to take and spontaneous decisions and signals to send that finance won't help you with.
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Economics =/= finances
Businesses are economic. Ponzi are finance.
Know the difference.
One of these two is "just math". Economics is not just math. There's something more to it.
I don't understand why people don't understand that strategy does not have a real business model.
- It can't function in the private sector
- It can't work without fiat
What does it take for people to realize it's a sloppy and unsustainable financial scheme not a business model?
If you've watched Interstellar and A beautiful mind and you don't come to the conclusion that love is the answer and the most fundamental truth, you didn't understand the movie.
People tried to yield farm their cryptos with defi. People said it was retarded and it was, in fact, retarded.
Now people are trying to yield farm Bitcoin with tradfi. People are calling it a financial revolution when it is, in fact, fucking retarded.
Everyone involved in these financial schemes will eventually realize there is no free lunch.
I have nothing to do for the next 2-3 weeks as I wait for the leather I use for the leatherbound of the Bitcoin standard to be fully processed.
If you don't put me to work I'm gonna have to do something crazy.
I made an impulsive purchase and ordered a full bend of this leather.
I'm selling 5 of those belts at 50% off using coupon code "nostr50"
*Applies to the belt of truth and the regular one*
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