Bitcoin Gives Me Faith in the Future … and I’m not alone
Across the world, there is a question of trust.
Assets disappear, currencies devalue, properties ceased, tax laws changed. Even safe-haven bank deposits can be unilaterally gouged by negative interest rates.
My financial future is being controlled by political forces which I object to.
In this context, bitcoin and blockchain inspired marketplaces become attractive.
The board approves millions for acquisitions… but you can’t get a penny to explore adjacent markets
Driven by the fear of missing out (called FOMO in Silicon Valley), executives pay exorbitant prices to buy into markets they have missed. However, data proves 65% of acquisitions have ultimately destroyed value!
Building trust with your buyer is not just the sales person’s job
In every transaction, if a counterparty has an incentive to conceal information, the market is susceptible to information failure. A result of asymmetrical information flows, buyers hesitate to transact. The business stalls and the market falters.