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by ethbr0 1964 days ago
Absolutely, but this is essentially saying "We're okay paying a 2-10% tax on our revenue, forever."

I think that's the reason you tend to see these unhealthy dynamics in extremely conservative, quasi-monopoly industries (government, financial, healthcare), where there's no real question of if they'll be a going concern. And no real rewards / attempts to outperform at the cost of increased risk.