Why bother making startups when I can just invest in shares&crypto and make my usual 1-2% per year? Capitalism “breeds innovation” but most startups are really just “make toilet paper a subscription” or “buy from China/USA/Germany and resell”. There are few startups based on actual scientific advancements.

Yes, I’m asking about investing while I’m broke

EDIT: 5% was an exaggeration

  • Max@lemmygrad.ml
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    6 months ago

    Everyone thinks they know better and investor money has to go somewhere for taxation purposes.

    As an aside, S&P500 index is the only investment worth making for USAmericans who aren’t in congress.