Comment on Thomas Edison was the Elon musk of his era
PotatoesFall@discuss.tchncs.de 7 months agoYou can make contracts that guarantee a certain percentage of revenue for a certain number if years, or you know, just loans with interest.
Comment on Thomas Edison was the Elon musk of his era
PotatoesFall@discuss.tchncs.de 7 months agoYou can make contracts that guarantee a certain percentage of revenue for a certain number if years, or you know, just loans with interest.
RestrictedAccount@lemmy.world 7 months ago
Loan what? Banks can only work if someone has already made a profit that they can invest.
PotatoesFall@discuss.tchncs.de 7 months ago
Yeah people like to save money and that’s what banks invest and offer interest on. They then hand out loans with higher interest than they pay to savers. I’m pretty sure that’s already how banks work.