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Replying to Avatar Alton

The Bitcoin Effect: Reshaping Entrepreneurial Motivation

As a budding entrepreneur, I've noticed a shift in my approach to business ideas. Pre-Bitcoin (P.B.), I'd meticulously analyze potential ventures. Now, in the After-Bitcoin (A.B.), I find myself questioning the value of traditional business models.

Consider this:

• P.B.: Idea → Cost-benefit analysis → Decision

• A.B.: Idea → "Is it better than investing in Bitcoin?" → Often, no

Example: Creating an ebook. The effort of writing, marketing, and hoping for sales often results in minimal profit. Instead, I'm tempted to simply invest in Bitcoin.

While this simplifies decision-making, I wonder: Are we losing incentives to create and innovate?

What's your take? Has Bitcoin changed your approach to business ideas?

#bitcoin #btc #entrepreneur #art #author #money #income #idea #thoughtful #business

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AndroVlad 1y ago

Good questions!

But, i think, this analysis is only necessary/valid if you still have fiat-money to invest.

Without fiat-savings your capital is your time and your ability to create and work - getting paid in BTC then solves also the fiat-issues regarding incentives and value.

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