Eh, it’s more nuanced than this. Even if you’re financially stable you can still have your score get fucked. And if you have an 800 score, you still can’t easily pull a loan the size needed to start a business, idk of banks doing personal loans of $100k+ to plebs. Some small businesses can be bootstrapped with a $20k loan, but new bitcoin businesses don’t seem to be that lightweight in capital requirements from what I can tell. If you don’t have a credit score above 700, you probably won’t even be able to get that $20k loan, or you will but at a rate where it’s not financially viable. Going to different levels of govts for small business loans, grants, projects, or similar incentives might be better, but opportunities are limited. Being a solo founder is extra difficult, that is its own funding problem.
Simping makes sense, sometimes.
You will like nostr:npub10vlhsqm4qar0g42p8g3plqyktmktd8hnprew45w638xzezgja95qapsp42 vs nostr:npub1q3kyx6e22fg9npnmgrypu35mdkpsq9zzl3jnzty85l88404sytlstdg0vl on the topic at #unconfiscatable
https://youtu.be/BQuIY2skmlo?t=2505