It's actually insane how many businesses die due to currency debasement & radical changes in lending terms overnight.
In hard money eras it was real competition that took you out for the most part.
There is a 99% mortality rate for small businesses because 99% of them can’t grow their cash flows faster than the inflation rate in their country.
#Bitcoin
https://nostr.build/av/b26a61b68a830c876db61ed4ac134bed2c5a9553e104129831e08b80244d3e00.mp4
It's actually insane how many businesses die due to currency debasement & radical changes in lending terms overnight.
In hard money eras it was real competition that took you out for the most part.
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