Good point Stephan. What excites me about transitioning to #bitcoin as equity over fiat is having a true cost of capital and hurdle rate for investments. This will place a higher bar on project financing diligence and project execution. It reminds me of when they used to build beautiful cathedrals centuries ago that were built to last. Proof of work will improve the money, how it is spent, and the quality of production. How can we not all be thrilled about that future?
Login to reply