100 sats \ 7 replies \ @WeAreAllSatoshi 18 Oct 2023 \ parent \ on: Taproot Assets on Mainnet: A New Era for Bitcoin and Beyond 🌅 bitcoin
Maybe it is, but I don't see anything wrong with partial ownership of an entity. Maybe because it traditionally goes with stock/shares that are traded on a stock market, which is obviously connected to the fiat world.
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I only mentioned it here because I had previously asked k00b about giving out equity for PRs and he said maybe when taproot assets go live (paraphrasing, I didn’t look for the actual comment). So I saw this thread and figured I’d mention it again, though mostly just for laughs
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If I work for a company and I believe the company is going to be much more valuable in the future, why wouldn't I want equity?
I believe even on a Bitcoin standard, some companies might be more valuable than others and some new companies might have new original ideas; giving them huge potential for the future.
Potential means here to be profitable and thus to fill their bitcoin treasury.
Bitcoin will not go up forever. At some point, we will see the effect of hard money where you actually need to know what you're doing to more get returns :)
And I think having equity in companies will still be one of them.
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I don't see why there wouldn't be stocks on a Bitcoin standard.
There will be companies and some of them will grow faster than others. And the ones that grow faster than the average will grow their value in bitcoin terms.
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