have you read Robert Greene's book "The 48 Laws of Power"?
all "assets" are just casino chips in my opinion and where you have chips you have a House who always wins
you simply don't need equity financing if people can save money, because they can just band together and form a company funded with their savings and run an enterprise
public equity is just gambling, and can be just as damaging to the "winners" who get piled in on and then cashed out
i don't think it's interesting, the incentives are a net negative and the only "winners" are those running these shitcoin casinos
Replies (2)
Right. The game is rigged. Stocks are a shitcoin casino, and overall their value must drop relative to bitcoin. We have a superpower because we can see this. But the people who benefit from the rigged game are the power players who we need to win over. Don't misread that - bitcoin is resilient and will win either way, but the path from here to there can be less painful or more painful depending on how we integrate with existing power structures. And yes, there are dangers to being too ready to integrate - we have to be inflexible in nature while flexible in application.
And not just drop relative to bitcoin - sound money means stocks will drop relative to real things.
Land value loses to bitcoin, but still wins over stocks in the long run.
Stocks can be "fixed" by copying bitcoin's inflexible supply. Additional stock issuance should never have been legal in the first place.
