Post ASXMTeZc1fXO2SrdCa by glowleaf@bitcoinhackers.org
 (DIR) More posts by glowleaf@bitcoinhackers.org
 (DIR) Post #ASXMTJBnX10hiWYofQ by glowleaf@bitcoinhackers.org
       2023-02-10T09:56:21Z
       
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       Bitcoin is perfect for me because I actually suck at doing business.Fiat business models require you to leverage, to borrow and float a lot of money, maintain insane amounts of advertising in order to compete etcWith bitcoin you do some work and then save some of the earnings
       
 (DIR) Post #ASXMTJwwhiiy4kcT9k by glowleaf@bitcoinhackers.org
       2023-02-10T11:06:28Z
       
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       I talk to some indie authors and their business model is to chase after trends, hire ghostwriters, make generic books that will definitely sell, buy thousands of dollars in Amazon advertising and so on.It's all fiat thinking.
       
 (DIR) Post #ASXMTKldfFH2byKxAe by glowleaf@bitcoinhackers.org
       2023-02-10T11:32:29Z
       
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       I'm going to try and explain that in a proper post once I formulate my thoughts a bit better. Basically, you're running a store. Be it online or brick and mortar. And under a hard money standard, things are fair. You work, make something people wanna buy, you get paid. All good.
       
 (DIR) Post #ASXMTXO0kP69kSNleC by glowleaf@bitcoinhackers.org
       2023-02-10T11:32:30Z
       
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       Your competition does the same. They get some customers, you get some. You compete, but it all comes down to location, opportunity, quality, pricing etc. But under our fiat standard things are not fair.
       
 (DIR) Post #ASXMTZk3zNvV3QiPIW by glowleaf@bitcoinhackers.org
       2023-02-10T11:32:31Z
       
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       Fiat requires you to get a loan to compete. Because it's not enough to work and sell and save up cash. The competition has borrowed 1 million euro and hired four employees. Now he's running 24/7 while you're just one person. The customers go to him.
       
 (DIR) Post #ASXMTeZc1fXO2SrdCa by glowleaf@bitcoinhackers.org
       2023-02-10T11:32:32Z
       
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       Now his cashflow can support another loan from the bank, his net worth is a million or more, right? And then he borrows 2 million euros and redecorates his store, rents the building next door, runs ads for 100.000 euro per month. Outsources phone calls, shipping, payments.
       
 (DIR) Post #ASXMTjpOUQ8GKrHnzk by glowleaf@bitcoinhackers.org
       2023-02-10T11:38:07Z
       
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       While you are sitting on a hard money standard ideology but being under the sword of Damocles called Fiat and inflation. You can't compete with that. He's leveraged to the hilt, owns five expensive cars, has two ex wives and a 25-year old girlfriend, and for some reason you're
       
 (DIR) Post #ASXMTmPyrMaQMuQ3Ie by glowleaf@bitcoinhackers.org
       2023-02-10T11:38:08Z
       
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       the one feeling like a failure for being cautious. Your family business that has survived for 150 years under a hard money standard suddenly is in debt.
       
 (DIR) Post #ASXMTsGH8MO8UXvO0O by glowleaf@bitcoinhackers.org
       2023-02-10T11:38:09Z
       
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       And society has grown to admire the person risking it all and coasting like a surfer on loans and cashflow, while hard money standard business owners are seen as archaic and needing to get on with the times.
       
 (DIR) Post #ASXMTuHPd6UCkeTK3U by glowleaf@bitcoinhackers.org
       2023-02-10T11:45:05Z
       
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       And here's the thing, bitcoin early adopters will get a boost. And it's fair. Extremely fair. Because they're the kind that save up, who can't compete against the fiat standard businesses. When fiat catches up BTC price will smooth out but until then, it's the only way to compete