Reminder: Inflation is crypto's killer function.
Be careful this will get you kicked out of the Bitcoin Maxis fan club.
You read my mind with this post. It is amazing how we can be on the same wavelength. I wrote down this concept as my post for tonight. Perhaps I will wait a few days to allow this one to settle in.
Either way, you nailed it. Burning money is a stupid idea. Even if you frame most crypto akin to stock, do we not see companies do capital raises by selling shares. Of course, if the company is shit, it does not good, same as with shitty token projects.
However, if Amazon or Tesla did an equity raise, nobody would bat an eye since those companies are growing and expanding.
Projects need to start incorporating business building ideas. That is what leads to success.
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