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21 sats \ 0 replies \ @TheBTCManual 6 May \ parent \ on: Apple ‘iPhone Air’ rumor suggests a bigger screen coming in 2027 news
Agreed, iPhone 7 was peak, everything else was a mistake
If it is a viable business and you can generate free cash flows, there's no need to burden your customers and impact your conversion rate by pushing bitcoin payments, sure it can be an option, i venture to say less than 0.1% will take you up on it unless you're at some conference or in a circular economy
Adding Bitcoin to your business is simple, sweep any free cash flows into Bitcoin and just keep doing that each month. If bitcoin outpaces the growth of the business, hodl, if you can drive growth from that capital at a higher rate than bitcoin's cagr tap into the capital and expand the business
If your treasury grows to a point where you can offer cheaper prices to drive volume, do that too and capture more market share.
I'm with you, also you don't know what you don't know!
When I speak people who use stablecoins it's almost always on TRON despite it not being the cheapest, you're forced to buy TRX and pay $2-$6 a transaction, or stake $1500 worth of TRX to get any meaningful discount on fees and yet people still use it
The way I see it is as more cash balances move over to stablecoins the friction to get them into Bitcoin is lowered. They can use USDT/C now but the dollars purchasing power isn't going to increase YOY so the incentive to move over grows with time
Yeah censorship resistance isn't really a value prop most people consider, you don't really price that need in until you need it kinda thing!
It's crazy to watch how this tool that was just used for arbing exchanges, providing liquidity for various trading pairs and capturing volatility from bitcoin and shitcoins has grown into something so massive and I still think they are not even close to half their TAM yet.
From what i've seen locally, apart from remittance use, its used to keep a cash balance outside your local currency or to conduct "gray/informal" commerce that cash isn't ideal for
Fiat is so crazy that even the guy who won the game decides to retire at 94, and you get people still thinking they're going to call it quits at 60
Word! Let fixed income be the bag holders and pump Bitcoin for the rest of us while taking on the risk! If it goes side ways, just means temporary cheap sats for the plebs
I guess they're preparing for ZIRP where they can't just sit on short term paper and collect healthy profits so diversify now and try to generate higher returns from their growing cash pile
Yeah Saylor has pushed up a level with MSTR moving into the QQQs and showing that their is appetite for this trade on a grand scale. Companies can raise and stack through the equity markets and these zirp convertible bond markets all desperate for some kind of volatility.
As long as NGU continues they can keep refinancing, all the companies doing this, MSTR, KULR, Metaplanet, 21 are all just funnels tapping into different pools of capital.
I think there will be one of these in every countries stock market, offering this trade to local investors too
The way I see it is if governments aren't yet ready to print to buy Bitcoin, plays like this can bring them to the table if this gets big enough and it all goes south, if enough people are involved they can get bailed out, and thats kinda the end game!
So it's 8 different salons in particular in different cities across AU and one in NZ, not a big sample and the data goes back 5 years, lol will see if I can pull some data for you and make a graph when I get a mo
I think the end game for those boomers and X'rs are the first ones out the door get full value, close to full value, the rest get paid back nominally and will have to figure out how to stretch it, yes their will be some that inch out a good life or enough because of the size of their pension
There will be some that get decent value from the spread between deflationary gains in productivity and exposure to more risk assets (I can see it my parents and grandparents porfolio allocations, their firms are adding a lot more equity exposure these days)
the majority get rugged pulled and have to rely on the state to supplement their life in addition to family if that is possible.
Lol makes sense, you looking for "affordable luxuries" because you're priced out of the bigger ticket items, most people don't save, they just adjust their consumption.
I also read an article recently about recession blondes, as money gets tighter women colour their hair with darker tones since its cheaper and easier to maintain
I decided to test this thesis do a lot of work with hair saloon booking engines in Australia and I can see it in the data too, its wild!
He asked what is the fastest, when you have no other way to store value, but Bitcoin the transition is quick
Lol fastest way to shift their mindset is for their current store of value to go to zero.
We can't think how others think, everyone will have a different trigger if their life doesn't depend on it, if people are comfortable with the status quo its hard for them to think about why they need a solution. Yes people complain about inflation but thats just to vent don't mistake that for someone who wants to take action.
I think we all have our orange pill evanglising phase but then we realise the juice is not worth the squeese.
All you people care about is money, its not about the money its about sending a message, everything burns

I've only seen one ZAR order in the last year and I was pretty quick to snap it up, honestly it's about damn time South Africans figure this out, given that all exchanges locally report directly to our local tax revenue service SARS.
if you're going above $2000 annually in capital gains you'll be subject to tax
eWallets are light KYC since you have to register your sim with your ID, not that it has to be your ID lol
eWallets are pretty lax and it's as good as cash. Once you get the pin code you can pull the cash from the ATM and you pay about 2-.2.5%.
A lot of foreigners also use it as their preferred banking rail if they are here illegally
As for momo, despite being MTN-backed isn't really a thing here in SA but I have seen it in stores in low income areas, they partnered with a specific retailer here called boxer, so you can go in and go cash to momo pretty easily
I do hope this catches on though so people figure out how cheap LN is versus the 2-2.5 they pay per transaction