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The core thesis of any startup remains the core principle of capitalism: use the capital to serve the customer needs better than competitors. One of the mechani
by star-trek-fleet 5y ago
The core thesis of any startup remains the core principle of capitalism: use the capital to serve the customer needs better than competitors. One of the mechanism under this principle is to build product for the ones who really need them. Nowadays most of the glamar is given to so called disruptive startups. Which for all things considered, are net negative to the world. For example, crypto...
- nefitty 5y agoCrypto is an industry. Yeah, it's 99% scams and ponzis. If you wiped away that entire industry, would your argument still hold weight?
- justicezyx 5y agoI totally agree crypto 99% is scams and ponzi. > If you wiped away that entire industry, would your argument still hold weight? There are plenty of industry are created by startups. Like internet search. Social network. etc.
- Hasu 5y agoIf you wiped away the 99% scams and ponzis, what's left? Bitcoin at $50 and a bunch of coins at fractions of a cent no one cares about?
- easrng 5y agoWhat's left is Monero, for buying drugs and donating to hacktivists.