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Indeed. This is because of the massive overhead, taxes, and ultimately the INTEREST that must be paid on debt-based scam money from the FED that businesses/entrepreneurs use in their fiat economy. It should be EASY to make success and wealth in business, if we have DEBT-FREE MONEY and freedom from government taxation/enslavement. Bitcoin fixes this.
The top 10% is a pretty bold statement. Number is higher probably
You mean lower, and that even less than 10% run businesses that don't end up broke before 5 years.
That's fiat for you.
Of course you can't make a living if you wind up paying over 60% of your income indirectly or directly to taxes. And then 30% will be eaten away by inflation.
It's incredible the audacity of the people doing business under the cloak of government these days. I mean, how can a society have any justice or wealth when such rampant thievery is legalised??? They aren't just after a few percent of your profit. They want everything, and if you'll give up your first born they have that too.
To be fair, it's a pretty nasty financial system that makes it so that only the top 10% of entrepreneurs ever make enough to keep doing it.
As a simple technician or artist, I should not have to struggle to keep the value of my surplus income. That's the problem Bitcoin solves.
And everyone knows the reality: the majority of "successful entrepreneurs" these days are just specialists in feeding from the general revenue, and nothing to do with serving customers better, cheaper, or faster.