Investments do not necessarily 'produce cash flows'. This is an erroneous and deluding definition. Investment is a 'reclothing' (look at the root of the word). Acquiring Bitcoin is a reclothing, an investment, that does not 'produce cash flows'.
Producing cash flows is what businesses do, and hopefully by productive work and provision of services and not by rent seeking.
/ Callum
npub1wu…eha2m
2025-01-01 21:28:10
in reply to nevent1q…g7pa
Author Public Key
npub1wucnc53kjjlue2s9qdqppan3gczqnququalp8hhd5sxuj9p8aafs9eha2mPublished at
2025-01-01 21:28:10Event JSON
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"content": "Investments do not necessarily 'produce cash flows'. This is an erroneous and deluding definition. Investment is a 'reclothing' (look at the root of the word). Acquiring Bitcoin is a reclothing, an investment, that does not 'produce cash flows'.\n\nProducing cash flows is what businesses do, and hopefully by productive work and provision of services and not by rent seeking.",
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}