Let's make my question simpler. You have a 100k equipment grant. What equipment do you buy? (equipment grants are a real thing in R&D funding, but yours doesn't have to be for R&D, you just can't use it for wages, labor, rent etc... opex stuff)
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Replying to @vgr
same, asic bitcoin miners and power infrastructure to keep running them when everybody else outside China and Iceland has gotten knocked out of the game (then make decent money on net metering afterward) everything else i know how to do is labor-intensive not capital-intensive
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Replying to @chaosprime @vgr
Still just turning money into more money. Doesn't change the world in an interesting way.
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Replying to @danlistensto @vgr
i don’t have any ideas for doing that on 100K of equipment, but cash flow from that gives me options
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vgr’s thesis is that this means i lack a capital utilization mindset, i think it means i lack capital utilization skills and know it so i would deploy capital so as to allow me to utilize the skills i do have
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