R. writes May 11, 2022 10:24

It was a big mistake not to have a financial cushion in the business. If not for my own one, things might quickly go south with the start of the war - we couldn’t receive any money for two months. Luckily, the money I accumulated previously allowed me to exist and to pay salaries until new ways of money transferring were established.

If I am to start accumulated a business financial cushion, it’s a complicated decision as of where to store the money. Any bank can rob you anytime because of your Russian origin or due to other reasons sucked out of a thumb. Cryptocurrencies are unstable. Even those which are tied to real currencies, like USDT, can disappear into the thin air one day.

May 11, 2022 10:24

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