Well, if you can’t keep your credit score then better don’t do a business 😂
Discussion
Eh, it’s more nuanced than this. Even if you’re financially stable you can still have your score get fucked. And if you have an 800 score, you still can’t easily pull a loan the size needed to start a business, idk of banks doing personal loans of $100k+ to plebs. Some small businesses can be bootstrapped with a $20k loan, but new bitcoin businesses don’t seem to be that lightweight in capital requirements from what I can tell. If you don’t have a credit score above 700, you probably won’t even be able to get that $20k loan, or you will but at a rate where it’s not financially viable. Going to different levels of govts for small business loans, grants, projects, or similar incentives might be better, but opportunities are limited. Being a solo founder is extra difficult, that is its own funding problem.
Simping makes sense, sometimes.
You will like nostr:npub10vlhsqm4qar0g42p8g3plqyktmktd8hnprew45w638xzezgja95qapsp42 vs nostr:npub1q3kyx6e22fg9npnmgrypu35mdkpsq9zzl3jnzty85l88404sytlstdg0vl on the topic at #unconfiscatable
Not true, credit scores are rather arbitrary. It's not based on merit