nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqgdwaehxw309ahx7uewd3hkcqpqs05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sgew2ua As a small company that saves in BTC and serves large enterprise with SAAS:
Payment (as opposed to receipts) in BTC is currently not of interest to large enterprise. Yes, there are benefits (cutting out middle men) - but these are negligible vs costs of internal administration.
Do you have views about enabling the enterprise circular economy e.g Pick'npay or Steak 'n Shake accepting BTC then passing on to small suppliers ?
It seems if 'hacked' it would massively accelerate adoption amongst margin sensitve suppliers.
It requires pump-priming a double-sided network vs incumbents - but how?
ZimFox
npub10n40...dpe5
Talkin' About A Revolution - h/t Tracy Chapman
One does not simply dox a nostrich !
Notes (16)
Compare 'loving your neighbour' & trading with bitcoin:
Both are Peer2Peer
Both are voluntary
Both parties gain
Both are permission-less
Neither require a third party
Community is the network effect
Both are contagious - do more !
Just thought I would leave these here
If #fiat is a problem degenerate leadership and distractions from problems perpetuates the sad state of affairs
https://www.britannica.com/story/did-nero-really-fiddle-as-rome-burned
https://bread-on.earth/Bread-and-Circuses-Panem-et-Circenses-04-17
KYC is a permissioning system!
This is why KYC/AML must ultimately fail (ie be eradicated) for BTC to serve the unbanked.
KYC / AML is an evil in exactly the same way that freedom of speech isn't !
However KYC cannot prevent p2p transactions (they remain permissionless given decentralisation)
With this in mind - name something / anything more useless than a private blockchain.
I'll wait!
One of the amazing things about bitcoin is that :
Once a mid-wit like me has worked out that #BTC makes for a better world, that same midwit understands more than all of Wall Street about money.
The beauty of this is that as Wall Street works ever harder to collect ever less meaningful paper we acquire for an under-appreciated, ever strengthening, ever more widely accepted call on all future goods and services.
By implication simply understanding what money is makes the world a better place.
Skate to where the puck is headed in 2025
Stack sats
(ohhh and try to be ever so humble - yup its getting harder ) h/t nostr:nprofile1qyv8wumn8ghj7urjv4kkjatd9ec8y6tdv9kzumn9wsq3vamnwvaz7tmjv4kxz7fwwpexjmtpdshxuet5qyvhwumn8ghj7um9dejxjapwdehhxenvv9ex2tnrdaksqgqyey2a4mlw8qchlfe5g39vacus4qnflevppv3yre0xm56rm7lveyr9lldz
Thoughts on FIRE ❤️🔥
Financial Independence Retire Early
Reads to me like a recipe for wasted dissatisfaction.
Retire = Withdraw, Retreat, Quit & coast
To really live involves an ongoing effort, find meaning, to strive & to realise goals.
Better:
Find, Intend, Realise, Enjoy
If you can do this, you can enjoy a sovereign success free from unwanted externalities
nostr:nprofile1qyv8wumn8ghj7urjv4kkjatd9ec8y6tdv9kzumn9wsq3vamnwvaz7tmjv4kxz7fwwpexjmtpdshxuet5qyvhwumn8ghj7um9dejxjapwdehhxenvv9ex2tnrdaksqgqyey2a4mlw8qchlfe5g39vacus4qnflevppv3yre0xm56rm7lveyr9lldz GM 2025
Sometimes I worry that BTC & Nostr & freedom technology adoption is slow.
I believe Thought Go Up is THE best freedom enabling technology but has the slowest adoption rate in history.
TGU is hard work and a result of diligence and an open mind.
Wishing you and your readership TGU in 2025, since:
where thoughts fear to tread - bitcoiners dare to follow
I think I may hove found the techological muse that inspired the latter day thinking of nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a ...
Interesting take on Bitcoin and MSTR from a giant of business education https://www.youtube.com/watch?v=1z3bxzu_5E8
If you, like me, have struggled to grasp nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe s
"You can't measure (or change) a system from within a system" - you should watch this.
A beautiful understandable illustration of the concept using Galileo as an example
https://www.youtube.com/watch?v=Nn2H-XKEN98
When a country, company or individual backs itself with #BTC reserves ...
It does so because it sees a better reserve
or
It is also always a capitulation to admit that it cannot manage a money supply the way BTC can
Either way it is inevitable
Perhaps the US and major players will be one of the last to do this (which is fine)
TLDR; get to the front of the queue.
You know what it feels like to blow up a balloon, not as easy as breathing.
It starts hard but gets easier and then a bit tougher before it finally bursts. Then it's as easy as breathing.
#Hodl bitcoin like you practice breathing.
The surprise will be good.As #BTC prices close in on ATH I remind myself of a few things:
The price may "look" high, but in a few years it will be seen to have been low.
I can change the present, not the past - so stack for the future.
He who laughs last, laughs longest.
Happy hodling
Superb new vid by onramp with
ihate1999@rcrsv.xyz Abubakar Nur Khalil
https://www.youtube.com/watch?v=kfP6pPY4gy0
Yield on Bitcoin ?
When nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak & nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m discussed this they perhaps overlooked a long-term consideration, that nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe might have noted.
If #BTC is ∞/21M, the numerator ∞ grows with innovation.
However the incremental value from any innovation is not initially evenly distributed.
Essentially there is a 'Cantillion'-like effect where those nearest to the innovation beneit from the efficiencies or value-add generated.
Over time the technology is adopted by a competitive market, so that eventually each hodler of BTC gains a purchasing power advantage.
Howver during adoption, some hodlers see incremental purchasing power before others, so while 1BTC = 1BTC remains true some can buy more with their BTC (temporarily) due to the innovation.
As many innovations are simultaneous there will be those that can spot good technologies early (or are innovators themselves) and they can acquire trade-able wealth by spending bitcoin.
This allows them to 'spend' bitcoin more effectively than others so they can take a 'commission' in an agency manner, by acting as an intermediary.
The yield they thus generate (whether as participating in cheaper goods or in the form of BTC commission is for providing a service.
This process need not involve debt - however as with any transaction it is not trustless (buying a service is never trustless).
It can thus generate yield. Yield participation might be as a co-venturer (explicit risk in equity but no interest obligation), or it might be on an interest bearing basis (minimal risk).
The key point is that all purchases involve risk (pay up front hoping for execution but funding the exercise) or (pay subsequent to supply where the supplier carries the risk).
The risk reward may be tiny (or even secured by smart contracts if exercised in the digital realm) however, the existence of risk is required to transact so executors of risky transactions will require reward.
By this means a yield for innovation or for participation in trade as an agent is coupled to the time value of the articles acquired - which can ever be zero.
Thus the argument yield vs equity is moot - they are two ways of securing the deflationary economy that Jeff proposes and we expect.
The choice of which path to take is (absent regulation) one of preference. Do you carry risk or pay yield for the avoidance of risk.
In a world with risk-premium (ie any world with finite resources) transactions are the necessary means for decentralisation of innovation and levelling of purchasing power - they are implicit in any traded economy.
But the choice of which to use is open - so both Saifedean and Saylor can be correct, and neither can enforce a view on the other.
Side point - both forms of trade require the rule of property law whether encoded in software, by civic bodies or by threat.