Hacker News new | past | comments | ask | show | jobs | submit login

Fiat currency is used by the State to demand an equity stake in your money, and they define the terms. Any entrepreneur should know this is a bad deal, and it will always result in inflation. Imagine if VC's used a "living document" to govern your deal terms, their share will always get BIGGER, and your share will eventually dwindle to nothing.



Consider applying for YC's Summer 2025 batch! Applications are open till May 13

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: