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@magnacarta
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While there is no one answer, a case could be made that we are mired in a period (decades) of misallocation of capital as well as low impact focus.

There's a special word which describes this situation: malinvestment. A crash is necessary so that the "gamblers" who made "losing bets" pay for their mistakes with losses so that resources could be reallocated to where they make more sense and the recovery can begin.

Unfortunately, the powers that be keep kicking the can down the road hoping that a crash happens when "the next guy" takes charge. Crashes suck no mater when they happen, but it's cheaper to pay the piper today than in the future when it's more expensive.


As I read this post I was reminded that most people still have the employee mentality and seek solutions in tune with that mentality. One way for us to get out of our shared predicament is for every one of us to switch to a business owner mentality. Along the way we can move away from playing the zero-sum game and begin playing a pie growth game or a no-loss game. While not everyone will do this (and that's OK), as many of us as possible should make that switch.

This way we can relate to each other as fellow owners and help each other find win-win situations where we both (or we all) benefit from our interactions with each other. If the business owner mentality became the norm among us, then we can come up with more systems and methods which align with Web 3.0, decentralization, and perhaps even abundance.

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