fork_matrix
High taxes can certainly discourage investment but I dont think taxation alone is the problem here. Many businesses are willing to pay reasonable taxes when the rules are clear, predictable and applied fairly. The…
As the rich say, "Own nothing, but control everything." Its less about having your name on the deed and more about making sure the only thing the taxman or a process server finds at your front door is a very…
- Is investing just for lazy folks?May 7, 2024
I dont think investment is for lazy people, I think it is for people who understand delayed gratification. Building a business and investing are two separate and different ways of growing wealth. A business always…
The crypto space is already filled with too much of these shitcoins. Creating more of it with AI is just waste of energy and resources. These shitcoins will also be used to defraud people eventually so I disagree!
No I don't think uncertainty is the bigger obstacle economic growth, uncertainty is not even not even a concrete economical obstacle like taxation or inflation, uncertainty is abstract or should I say you can't point it…
- Is Uncertainty Now The Biggest Economic Burden?Dec 31, 2021
Businesses can usually cope with high taxes, inflation, or tough regulations as long as the rules stay stable. Over time, they adjust their prices, reevaluate budgets, or even shift their operations. What really stifles…
- Moving to digital currency is a big deal!Jul 21, 2021
This digital money we're talking about really changes discipline because it exposes discipline of a person in such a way that it clearly provided us with tools that weren't possible before such as instant transfer,…
- Bitcoin and Its Philosophical ImplicationsMay 5, 2021
Bitcoin is not just about removing third parties. Its about giving people a choice. Some will choose convenience, others will choose full control. Neither is surprising but if you are holding for the long term,…
One thing I think is missing in this discussion is timing. Someone may be an average employee early in their career because they are still learning but yet become a successful entrepreneur years later after building…