It doesn't matter what politician is sucking up to Bitcoin voters. My Bitcoin works the same as it did before. Tick Tick next block. And that's the point. #bitcoin #nostr

Why didn't Eth pump on ETF approval news? Seems odd. Do institutions already known its a shitcoin? #asknostr #plebchain #coffeechain

Here is a presentation I'm putting together on "Why Bitcoin?" for Non-Bitcoiners to understand some of the problems of traditional investment (in this case property). Free for use if you also want. Eventually I will try to make these into videos to share around also but wanted to write it out first almost like a script.

Google Docs

Why Bitcoin?

WHy Bitcoin? You’re in a race against Inflation and property returns don’t cut it anymore.

#asknostr #plebchain #coffeechain #nostr #bitcoin #Bitcoin #orangepill

mmm need to learn more about Cashu... I saw below on #shopstr when setting up a new product @calvadev⚡️ and had to pause. When I see "Token to redeem" Bitcoin I am suspect and realize I don't really know what I'm receiving in when I sell on Shopstr. What are the advantages of Cashu over LN for eg? "Once sold, you will receive a message containing a Cashu token that you can redeem for Bitcoin." #plebchain #coffeechain #cashu #zaps #lightning network

Only just seeing this Nostr market place. Seems like what I'm after.

Shopstr

Shop freely.

#shopstr #marketplace #plebchain #coffeechain #ecommerce

Is there pleb owned butchery out there called 'Proof of Steak'? Or is this too close to Eth shitcoinery to be attempted? #plebchain #coffeechain #pleb #bitcoin

OK here is a brief version of a convo I had a few days ago with a friend about #Bitcoin vs Residential property investment. I was asking him about ROI and such on property investment. He's a property investor and construction guy so he's well versed. This is in Australasia to be broad about location but think it applies elsewhere also. Bitcoiner: Last time we spoke you mentioned a 50% ROI on property investment as what you were aiming for. How long before you could realize this you think? Is 5 years fair? Property Guy: Average property increase is 5-6% p/annum however being able to borrow so much against property means on average you get a 5% or 50,000 ROI on a $,1000,000 house with a $200,000 investment. Bitcoiner: Ah so 50% gain on initial investment might take 2 years with this setup? Property Guy: Yeah but haven't factored in expenses yet. Rent on $1,000,000 property would likely not cover interest payments on a mortgage of $800,000. Then factor in insurance, local govt rates (ie taxes), insurance, property management maintenance etc. Bitcoiner: I was wondering about costs. How much is left after all those expenses after say one year timeframe? Property Guy: None. With an 80% mortgage you would likely have to add more of your own money to cover all the expenses on top of rent. It is only when your equity % is higher that it becomes cash flow positive. Bitcoiner: So how long to get enough equity to become cash positive? Property guy: Hard to say. Lotsa variables. Maybe 7-10 years. By then you will be reducing your loan amount (interest payable) and rents would be expected to have gone up. Its a slow process generally and making money in the short term relies on getting a bargain initially, development or catching a boom. Bitcoiner: Bro the property game sucks. Property guy: You looking to get in? Bitcoiner: No just wanted to understand the property investment ROI and timeframes better. You realise Bitcoin over the same period of 7 years has gone from $628 USD p/BTC to $70,000 USD p/BTC and the cost to hold it would be only a couple hundred dollars that entire time? Property Guy: Shit that's a lot but I don't get Bitcoin just gonna stick to what I know. #nostr #plebchain #coffeechain #whybtc