๐Ÿ“š Author Spotlight: Seb Bunney! ๐Ÿ“š @Seb Bunney is not only an exceptional speaker but also a thought leader in the realms of Bitcoin, financial literacy, and macroeconomics. As the co-founder of @Looking Glass Education - Seb is dedicated to empowering individuals to take control of their financial futures. He's also the author of the critically acclaimed book, "The Hidden Cost of Money," which explores how our monetary system impacts our lives and society ๐Ÿ“‰ Join us for an enlightening and inspiring session with Seb Bunney, where he will delve into the intricate connections between money, behavior, and societal structures. Don't miss this opportunity to gain valuable insights and connect with one of the foremost voices in financial education today ๐Ÿ’ก Buy this book at the event and get it signed by Seb ๐Ÿ–Š๏ธ๐Ÿ“™ Tickets: learningbitcoin.ca image

Replies (1)

@Seb Bunney I would like to make a couple of notes about your book that I am reading: 1. it is not true that the reason you earn money is for the time spent doing something 2. buybacks are not financial engineering different from the dividends of the most traditional and solid companies (they just have a different fiscal impact) and it is a way to remunerate shareholders that does not exclude R&D. You cite the example of Apple that spent money like this instead of doing R&D but Apple has a mountain of money to do both things and has burned more capital for R&D (for example on the project of a most abandoned electric car) than for buybacks.
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