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Hello again - It is me - your common ordinary landlord :)
This month was month 13 of this little experiment of mine and I have to say it is continuing to show promise...and work successfully for both myself and my resident.
To date they have saved a little over $1400.00 which is more than one months rent and I imagine that the coming months will likely see them having multiple free or nearly free months of rent.
This little experiment is interesting for regular recurring payments such as rent...because you would think I am going to get wrecked if Bitcoin FIAT price 2 or 3 x's and I am going to have a tenant living for free in a building for years....but here's the thing...when they end up with free months and we limit the time period to 6 months (as I currently am) they still only get a 50% split of the 2 or 3 X and they end up not being able to see any appreciated value for months they didn't pay anything...so I will always "catch up" to them and they will have to pay again within about 6 months or so...of course if the price 10x's or something ridiculous and they lock in - I still have the other side of that exchange as well and so I am still able to operate....at least as of right now...
Anyway - I think I have finally gotten an actual developer that understands Bitcoin and NOSTR and is going to hopefully help me build a web app that can maybe automate this process?? We will see what his "proposal" comes in at... I am not sure that I will be able to afford the total bill but we will see....
More when that comes in....
Thanks for reading....
Please feel free to add to the discussion, tell me why it won't work or what I am missing, or if I am travelling the path less travelled (which is of course the correct one!) :)