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24 sats \ 0 replies \ @TheBTCManual 14h \ on: Has Smoking Lost Its Cool? HealthAndFitness
Lol now overlay that with manufacturing jobs, to produce goods locally you need an equal amount of nicotine consumption
I don't make the rules, just how it works
If we refering to the tokenisation we have today, apart from stablecoins and creating a secondary forex market that is going balls deep 24/7 i'm not sure what else there is to do with it
RWA, stocks, bonds, art whatever, that can all be done client side or some private ledger and would be better since you can manage who gets access, vetting the owners and being able to offer recovery and the token just acts like another claim option like cool here's the certificate of ownership and we'll pop you a token too for the funzies
To me that's wild, when MSTR started I was like cool companies will do this and offer the BTC premium + industry exposure and companies in each niche would do this like you'd get Tesla with automotive, Rumble with media etc
Now with this 21 capital i'm just kinda bummed about the whole strategy, like I get the pipeline to vol for trapped capital but surely if you growing your balance sheet on steriods raising capital like crazy you could equally consolidate in your verticle like acquire competitors or expand your offerings, lower your prices to drive cash flow etc
Or am I on crack and this is just how business goes now
The its over 9000 meme is warming up for Metaplanet, but for real does anyone know what they do? Apparently it's hotels and Bitcoin magazine JP, at least MSTRs software business still grinds out something
I guess the JPY bond market is so desperate for vol to they're just going to keep offering that pipeline
Like my boy fiddy said, go ahead switch the news up and if they hate, let them hate and watch the satoshis and cowboy credits pile up
Yeah it's wild direct grants are around 33% - 38% of the national budget and that doesn't include certain line items like a certain allocation of "free water" and "free electricity", the government also gives has a "free housing" project thats been on the go for years with waiting lists as long as 2 decades.
Since taxes are never going to cover that inflation is covering the shortfalls, hence why we Bitcoin
Lol as long as your sats lost is cheaper than buying a Pi4 or running a cloud node you stiill coming out ahead
Need to get my ass down the garden route but it's been going downhill plenty of those towns that side need a real pick me up!
Incentives matter, people flocked to office jobs and drove down the salaries versus + the cost of access of has gone up!
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