Damus
Bill Cypher · 100w
Amazon is also deeply fiat and only won because of fiat. Their initial growth was funded by never ending cheap debt. They always just skirted the line of maximizing the debt they held while still brin...
corndalorian profile picture
Amazon went 20 years without turning a profit because it played the long game and knew what it was building. Meanwhile we have bitcoin companies turning tail and running after a year in business. Maybe just maybe bitcoiners ought to take some lessons on what it takes to be profitable instead of blanketly labeling everything “fiat” to get a few likes on social media.
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Bill Cypher · 100w
I didn't say I don't admire the dedication to stick with the plan as long as they did or the balls it took to take on that debt knowing that 1 poorly timed expensive issue could destroy all their work. None of that changes that amazon grew the way they did because they played the fiat debt growth g...
CitizenPleb · 100w
Bitcoin companies have it tough. Embrace Open Source and “PoW” (not move fast and break things) they get pleb street cred, but turn away VC and Private Equity. Go the other way and they get shitcoined labeled. Tough out there.