This post is going to delve a little deeper into the "why" I believe this business model is more aligned with the "Bitcoiners" of the world.
If you are curious you can read my latest post here: #542701
I promise I will get to the rest of the business model over the coming days for those that are interested....but I really feel like this is a good tangent to go down...
For me the promise of bitcoin becoming the base protocol humanity will use going forward into the future, is not only inevitable but it is the greatest opportunity humankind has ever had to align our system of value communication with actual reality....like the reality or truth if you will, of the universe....
This "alignment" if you will - allows us to become stronger just by using Bitcoin...stay with me here, that last part is important.... This business model allows me to strengthen the my business through its utilization of the Bitcoin network. Just by simply holding bitcoin it becomes stronger as a result of "number go up" and that is the "end" of the story for many of us...If you read my other posts you know that I take it even further...
I incentivize my residents(customers) to use bitcoin as their method of payment by providing them with a return of a % of the price appreciation (in USD terms) of that payment for up to 6 months after they have paid. This (I believe) "incentivizes" them to pay utilizing this method which does 2 things.
What I feel is the most important "emergent behavior" if you will:
  1. Is it strengthens the network through additional users, who (through this process) have to learn about how this works and stick with using Bitcoin for a longer period of time.
  2. Is it allows for both of us to discuss, share, and "communicate" value to each other as we both benefit from the strengthening of the network (and for now at least we both benefit from the increase in the USD/FIAT value going up as well).
Now here is the part that even I have lost track of from time to time... This incentive business model works in every single case except one... The only way it doesn't work is if Bitcoin fails. Period....full stop!
That's the beauty of this model - Anyone can use it, anyone can provide their customers with the incentive to learn more about how Bitcoin works through their participation over longer time horizons and it works with as close to zero risk as one can get. (I know if you are "new" to Bitcoin you are likely not in the "mindset" of zero risk or you think Bitcoin might fail....but I am here to tell you....there are a whole lot of people in Bitcoin right now, that have moved beyond this mindset.... In fact this "fear" of what if Bitcoin fails or goes to zero is (in my opinion) the single greatest reason why you are not building your value on this protocol.... Bitcoin works. Period....Full stop!
This model works - because Bitcoin works.... This model works - because my "old model" worked.... If my "old model" was in trouble, or leveraged to its gills, than this Bitcoin Incentive Model would be very difficult indeed as their wouldn't be any room for me to manage the balance that is necassary right now for me between Bitcoin and FIAT...but because the numbers work, because I'm not over-leveraged with debt, I can simply transition to the Bitcoin system with the only risk being (Bitcoin going to zero).
My thoughts are that as I (and my residents/customers) also transition into the Bitcoin system with me, is that we will only get stronger (both in users and in "value" terms as compared to FIAT) and my "residents/customers" are going to be going out into the FIAT system and asking the businesses they provide value to, to please get on the Bitcoin system....this "ground up" approach and incentive system will strengthen our network, strengthen our thoughts, and strengthen us all over time.
Thanks for reading - Hope it was valuable to you - Let's keep building together and strengthening Bitcoin together!
I strongly recommend people read the previous post, if they missed it the first time. This is a very promising endeavor that anyone with long-term economic relationships could adopt.
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We need people like you to showcase the blueprint and show that it can work, it's going to be interesting so see how it progresses with time, and how you balance the volatility of running a business and the perceived volatility of Bitcoin.
I am particularly interested in your settlement agreements, since you have conviction you're willing to "take the knock" upfront, I think most businesses will have to do it, to entice the customer to convert, be that a upfront discount, rebate, or even reduced rates because you're saving on banking and all those other fees, i think theres margin to play with for different businesses.
I also think this method also becomes more popular (for those not fully sold on Bitcoin but want the benefits) if there are financial services for businesses to access liquidity without selling their bitcoin and creating taxable events.
If you have fiat liablities now, you always have to balance that, but if you could borrow and service the cost you can tap into fiat anytime to settle those unexpected expenses or when cash flow is tight.
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I'll be curious to see how the model work during bear market! You'll keep us updated?
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Of course I will keep updating as time goes on....I am hoping to get a Non-profit registered and funded as well to see if it can work from both worlds...both For and Not for - profit :)
My personal feeling is the not-for profit might be able to utilize its status to demonetize properties at and even quicker rate which may help alleviate some of the financial hardships the for profit world is struggling with currently.... "soften the landing" so to speak...
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Very nice post. I've read your last post and have come up with my id a that I should start a property sell/buy business for INdia exclusively. What do you say about bringing an online platform where a p2p but sell happens.
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I am not 100% sure what you mean about the p2p but sell?? I do think any business operating on Bitcoin is going to win!
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