The moral of the story is not whether I sold at the low or when the low was, or whether there was time to get back in, or when I did get back in. The moral of the story is that one nation's policy is not sufficient to derail bitcoin.
In 2013, China's government declared Bitcoin to be illegal, and Bitcoin crashed from $1,200 to $425. I figured that it would be impossible for Bitcoin to succeed if China outlawed it, so I sold my Bitcoins at $425. I think I was the low trade. Now Bitcoin is at more than ten times that level. Let that story inform your decision making now.
I own a Tesla Model X. I am not trying to be imflammatory, but my grandmother drives better than this car, and my grandmother is dead. Going down a street with a row of bushes, the car will slow down at every bush, and then speed up again. Musk is worried about AI, but his cars cannot even process bushes better than my dead grandmother.
There is really no cause for optimism. The fact is that all the CO2 emitted into the atmosphere stays there for at least ten thousand years, and we are increasing our output of CO2. So actually, the problem is getting much worse and is likely to remain bad for many thousands of years.
It is entirely possible to destroy the fragile earth, and humans are doing exactly that. There is no reason that it has to have a happy ending.
The first problem is that the product should be suggested by the users, not thought up by the developers. If the users tell you what they need, they are more likely to buy it. This is called market-driven product development.
The second thing to keep in mind is that you will probably think your product is about three times as valuable as your competitor thinks your product is. And your customer will think your product is about a third as special as your competitor thinks your product is. So basically, your customer thinks your product is about one ninth as special and beautifully different as you do.
In my humble opinion, these are the mistakes the author made, not the ones he discussed in his piece.
The most basic function of Customs is to know what is coming into the country. Customs has always had the right to search whatever and whoever they want.
I lived there for ten years. I ran businesses, paid taxes, and even filed taxes for the companies I ran. It is not misinformation. What is misinformation is Americans claiming that they know about what is going on in countries they have never lived in.
The U.S. health care system is much superior. When I was in Sweden, I asked my vet if she would take me on as a patient because vet care is better than people care. But at least the funerals are free.
The author is seriously mistaken. The total tax burden in Sweden is among the highest in the world. To see how this works, suppose that an employer wants to pay an employee $100. The first thing they have to do is pay the employer tax of $31.42. Then the employee has to pay their income tax on the $100, which can be as high as 55%. So of the $131.42, the employee gets $45. Then, they can consume that $45, but for everything they buy, they have to pay 25% sales tax. So of the $45, $9 goes to sales tax. So really, they get to spend $36 of the $131.42. Really, the tax on income is about 72.58%. Some calculations put it as high as 76%. Read skattebetalarna.se for details.
Basically, the government keeps all the money. Swedes have no money. I lived there for 10 years. Swedes are always struggling paycheck to paycheck. There is less income inequality than in the U.S. The medical system is very bad. People have no desire to work because it is difficult to get ahead because of the high taxes.