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by vegabook
3528 days ago
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You need to recalibrate your sense of scale when moving from equity micro to global macro. We're not in the domain of some tech startup. We're talking a venture that takes on the global money supply, 1% of which is 500 billion dollars. Your analogy is way out by at a minimum two orders of magnitude, and probably four. 0.02% of market share in the world of fiat currency is called wild success = bitcoin. Think about that before implying that 1% and 10% numbers are reasonable. Saudi Aramco is worth 4%. Apple is 1%. The whole of IBM is 0.3%. What you're basically doing is analogous to applying planet scales to a galaxy. Even accounting for miniscule market share, 10% "founders reward" for any venture targeting global money, is a ludicrously large sum and a strong signal of probable charlatanry. |
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