BadEconomics: Putting $400M of Bitcoin on your company balance sheet

Re:BadEconomics: Putting $400M of Bitcoin on your company ba... by cinntaile on Monday January 04, 2021 @01:30PM (#25635766)

Regarding your last sentence. Trading your time for money will take a long time to build wealth. Wealth is usually created by holding assets.

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Re:BadEconomics: Putting $400M of Bitcoin on your company ba... by mlady on Monday January 04, 2021 @02:55PM (#25636951)

"I'd rather have my future wealth come from value I create"

He doesn't say anything about trading time for money. If he creates value that scales, he can divorce his time from the money he makes.

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Re:BadEconomics: Putting $400M of Bitcoin on your company ba... by cinntaile on Monday January 04, 2021 @03:58PM (#25637885)

I'm having trouble coming up with an example. Can you give an example of value that scales but that isn't an asset he holds?

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Re:BadEconomics: Putting $400M of Bitcoin on your company ba... by pontifier on Monday January 04, 2021 @08:31PM (#25640874)

I prefer assets that I create, or have an active role in such as patents, and businesses, and code.

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