21 sats \ 10 replies \ @Zepasta 7 Dec 2023 \ parent \ on: How risky are Stablesats? bitcoin
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All employee get paid in bitcoin using stablesats. They receive sats sometimes more sometimes less depending on the sat/usd ratio. But to calculate the business it's better to have a stable unit of account with 8% depreciation than a highly volatile sound money. All profits and treasury go in bitcoin, but operational liquidity needs to be in USD.
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highly volatile
Bitcoin is up +150% YTD
Why are you concerned about volatility when bitcoin has been consistently trending upwards for an entire year?
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Bitcoin is up +150% YTD
You must be new to bitcoin. What goes up, also comes down and bitcoin is still highly volatile over the short term. A business has monthly cost, did you know that?
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A business has monthly cost
What other expenses does a media/news website have besides paying writers? Your website is filled with shitcoinery and "investments" mindset...
You even offer courses/coaching ($468 to $1188)... bruh i'm out. peace.
Knowledge should be free.
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The stable in this whole thing is Bitcoin, not the way around.
But yeah will take time until people will get that properly.
Until then keep using these monstrosity that doesn't make any sense.
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OK so case closed, you can add him to your list 😂😂
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You can use nexo just to sell when you want to buy something with your nexo card. No need to use their shitcoins. How do you live without a credit card? It's simply impossible.
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This is you using that shitcoin nexo card
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