146 sats \ 2 replies \ @freetx 17 May \ on: Property management built on Bitcoin bitcoin
  1. Kudos on this new biz model. Previously I also speculated on something similar (ie. buy a laptop with bitcoin and in 5 years they send you a new model as a free upgrade). So, I do get what you're doing....I do think these new biz models will be crucial if we ever really do achieve hyperbitcoinization. Such models are going to be needed to induce spending a massively deflationary asset.
  2. Having said that, perhaps its just simpler to offer a discount for those paying in BTC? So rent is $1000 cash / $850 if paid in BTC. This directly benefits your tenants NOW and maybe gives you much more upside in years to come....
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347 sats \ 1 reply \ @thecommoner OP 17 May
For sure - have given that idea some thought as well and it seems to me that giving a discount in FIAT terms for payment in Bitcoin (while admirable) still doesn't necessarily have the same benefit? I just feel like when I get a discount in FIAT world, I find myself thinking man....why didn't they just charge me less in the first place...vs. through giving people the opportunity to split possible future price appreciation gives them the opportunity to share in future Bitcoin success....which will have its ups and downs but overall should be super beneficial in the long term for both parties to the tx?
I think about it like this....
Rent = $1000.00 - FIAT discount for paying in BTC 200.00 = $800.00 vs Rent = $1000.00 paid in BTC and within 6 months BTC triples in FIAT terms...splitting 2000.00 with me means $1000.00 for them?
Sure I lose out on the a lot of upside - but my customer is way happier with me than if I took all that upside myself....I feel like they have much more skin in the bitcoin game this way and we both benefit and the network stays stronger as it has a user for life who probably is going to move somewhere else sometime and push their landlord to do the same....or they will seek out landlords offering this deal or even better ones which again grows and strengthens the network? I think anyway :)
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21 sats \ 0 replies \ @freetx 17 May
why didn't they just charge me less in the first place...
yeh, good point, there is the implication that you are "gouging" them by offering a discount. Having said that my local liquor store offers a 4% discount for paying cash as opposed to card, and it doesn't seem like buyers are fussed one way or the other....
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