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Yeah, I think I’m really just seeking another hobby business. They usually don’t succeed but are fun and take my spare cash. Bitcoin isn’t fun for me anymore. I’d like to find the joy in it again.

Olive Grove Eggs 1y ago

the epiphany of a 65% hurdle rate to match just holding BTC certainly puts business ideas in oerspective. That could make too many business ideas unattractive, though if that 65% is viewed in terms of hard cash returns and no understanding/ grace that to make say a construction business +65% profitable from say 30%, with the best will in the world eould take time.

So I guess BTC is going to have to be the pioneer empowerer. The niche nut jobs breaking new ground. Which makes sense, seeing as it is such a tiny fraction of the economy.

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BTC_P2P 1y ago

Over the past 5 years Bitcoin has had a 49% CAGR.

The other factors in play in this consideration are: increased cash flow (if business is successful), skill stacking, the potential to sell a profitable business and the potential for failure.

Imo it is a lot more risky to spend excess fiat on a venture but there is ample reward if successful.

Olive Grove Eggs 1y ago

It is weird how with so much excess fiat in circulation there aren't more enterprises springing up. I know with the cantillon effect it mostly stays at the top, but when you hear Buffet saying he can't find decent businesses downstream to plant his cash warchest in, and the little guys with some excess cash facing a ton of risk, it looks like the system is grinding to a halt.