If you don't discover and develop your talent, you will tempted to do this

[Ucy]

If you don't discover and develop your talent, you will tempted to rush into Bitcoiners businesses because of money


Few potential issues were encountered while considering the mutually beneficial Bitcoin circular economy idea that was proposed here some time ago. One of the most important one I want to touch on today is the issue of less creative or talent-less people rushing to do similar businesses of the talented/creative ones, simply because of money.   Rather than find their own unique roles that haven't been served in the Bitcoin circular economy in order to further diversify the economy, they rush into other people's role or businesses, compete unhealthily and mess things up for everyone.
We want more Bitcoiners to start unique online/offline businesses, especially those they care about or love, and that are able to sustain them sufficiently without toxic competitors popping up from somewhere, with little to zero talents, to do thesame things, steal away customers/income,  add little to no value to the system. Then the much needed creative ones may eventually leave the system for better one, and  things become stagnant or degenerate into fiat-like system.

The only time it may be OK to do similar businesses is if the original businesses aren't living up to expectation such as delivering good quality products/services. Or if the original are becoming too crowded, congested, slow and overwhelming to the owners. Or their products/services have become unaffordable or more expensive due to low supply and high demand

[WillyAp]

If you don't discover and develop your talent, you will tempted to rush into Bitcoiners businesses because of money

Where do you live? Surrounded by people whose only issue is where to invest?
The people not being able to save 100 satoshis are the biggest group in this world.

[lionheart78]

People tends to copy things that they have seen successful, and at the same time when more services are offered, it all goes down to whose service is better.  I do not think it is a crime to follow a trendy business, nor is it forbidden by law. 

We want more Bitcoiners to start unique online/offline businesses, especially those they care about or love, and that are able to sustain them sufficiently without toxic competitors popping up from somewhere, with little to zero talents, to do thesame things, steal away customers/income,  add little to no value to the system.

True that, it is good to have more unique services, but does the law forbid people from doing the same kind of business?  If a new business that offers the same kind of service gathers more customers, and even the customers of the first one have moved to the new one, this means the first one established is not giving satisfactory service.  For customers, competition is good because customers often benefit from this competition.

Then the much needed creative ones may eventually leave the system for better one, and  things become stagnant or degenerate into fiat-like system.

If the first one is to leave his business, then this mean is not competent enough to maintain his client.  Why suffer from poor service from the first established when the newly established one give way more benefits and better service?  I am stating in a customers point of view.  Monopoly had long been regulated by the government, as long as the item or service is not exclusively designated to a company or individual (like patents and copyrights, trademarks, trade secrets, licenses), I do not find anything wrong if another company offers the same service.

The only time it may be OK to do similar businesses is if the original businesses aren't living up to expectation such as delivering good quality products/services. Or if the original are becoming too crowded, congested, slow and overwhelming to the owners. Or their products/services have become unaffordable or more expensive due to low supply and high demand

It is a free market, it is unfair for anyone to monopolize a non=exclusive services and it is not beneficial for customers.  In this kind of situation, if a company wants to secure customers, they must do their utmost service rather than shutting down competition.

[crwth]

It's always going to be a hit or miss with this. Innovation is a key component of excelling, but you can't really do that if you don't have any originality or something. You would always hit that ceiling, and you won't be able to recover.

If we are going to really dive deeper into this, it's important to recognize that there will be an education gap because there's no access to help you discover your talent. The best thing someone could do is find a mentor, and with the right one, they could get into a good role.

Personally, I would rather have long-term value creation than short-term profits.

[lovesmayfamilis]

OP, your post can be written shorter. You mean that the bicycle has already been invented, and if you're already coming up with something interesting, it's definitely not a bicycle. However, it is very difficult to come up with something unique, because, again, the bicycle has already been invented.

You can do better; you can make it more interesting in terms of price and offer by adding something, but what we call "unique" is necessarily already somewhere, and it was once.

In other words, competition will always exist, and it motivates people to make discoveries, but it is very utopian to think that business development without financial interest can create something great.

[rat03gopoh]

In this era of open and fast-paced media, people no longer strive for unique products. Honestly, that's truly rare; most are product modifications packaged with a good marketing strategy. Well, the key to business success in this century is how you introduce your original or imitation product to the public. Otherwise, you won't find a market. The consumer market is largely controlled by broadcast algorithms.

[Dr.Bitcoin_Strange]

People are actually doing or looking to do something that works, even if it's something that another person is doing, they would go into it but maybe do it in a better way more than the first person that was doing it, what truly is the talent of some people is not actually something that would make them great probably because they don't have everything that is needed to level up, but if they actually refine what someone else is doing and they do it better and become great with it, there is competition every where, what you intend doing, either someone is already doing it somewhere which means it's not completely new, you just have to learn to do it better if you are to do same thing.

[Majestic-milf]

We want more Bitcoiners to start unique online/offline businesses, especially those they care about or love, and that are able to sustain them sufficiently without toxic competitors popping up from somewhere, with little to zero talents, to do thesame things, steal away customers/income,  add little to no value to the system. Then the much needed creative ones may eventually leave the system for better one, and  things become stagnant or degenerate into fiat-like system.

The only time it may be OK to do similar businesses is if the original businesses aren't living up to expectation such as delivering good quality products/services. Or if the original are becoming too crowded, congested, slow and overwhelming to the owners. Or their products/services have become unaffordable or more expensive due to low supply and high demand

Humans are competitive in nature so it's expected for there to be some of kind of toxicity or congestion because most people prefer to work on an idea or business that's already existing. Many people who think outside the box aren't always financially equiped to maintain what they started or carry out their ideas. Also some will sell off their ideas for money, not because they can't build on it, but not all of them have the courage to work.

[snowpega]

The only time it may be OK to do similar businesses is if the original businesses aren't living up to expectation such as delivering good quality products/services. Or if the original are becoming too crowded, congested, slow and overwhelming to the owners. Or their products/services have become unaffordable or more expensive due to low supply and high demand

Well you have raised a very important point here because this problem is a very common one and not just in the Bitcoin circular economy but in any ecosystem. It has become common now. Because when a person with no skill sees others making money they rush into the same business. They might add or remove some features and will say it is unique and name it differently of course to avoid copyright or other lawsuits that could affect them, thinking they are smart but in reality they are degrading the whole system without realizing it.

Besides this, in my point of view, the BTC circular economy can only truly thrive if people contribute their genuine skills but most people don't have those.  They are just after money and that's why they are not able to make anything creative because money will always bring other evil things like greed and a lack of creativity. So yes, discovering your own unique talent and finding your own role in the ecosystem is the right approach.

[Odusko]

You are doing wrong when you enter into any business venture without adding any actual value but you are driven with the assumption of the potential profits which means you are looking to where to invest and only capital you have is money without intellectual knowledge or experience of the business, we find this kind of people not only I bitcoin but all other business in real life where people rush in because the potential profits.