no startup can compete against an america company backed by endless cheap money. Not that founders dont want to turn a profit its just a cruel game and its the way its until cheap money ends in USA(it never happens bcz no gov wants recession on their watch).
It's still substantially cheaper for Stanford graduates with friends on Sand Hill who can mumble the words "crypto LLM" than even the most ambitious Burundian with a great idea.
Debatable. The latest Cleveland Fed nowcasts have inflation forecast to dip just under 5% starting this month, while the federal funds rate is 5-5.25%. So in real terms, that’d be the first time it’s positive, and it’s still a very very low number.
If we get that recession, we could see those rates reverse and end up negative again before too long.
