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30 sats \ 1 reply \ @TheBTCManual 4 Jun \ on: The Salary Needed to Buy a Home in 50 U.S. Cities econ
Holy hell batman, and I thought we're cooked my local housing market, adding in maintenance cost, insurance and living expenses, how do you even save/stack sats?
Lol if you come to bitcoin for the wrong reasons or have high time preference you'll likley get rekt anyway. Just another cycle just another cohort going to learn their lesson first time around, some will be minted into maxis by the experience
That's just the user churn rate
Wow Yewtu.be search is crazy good, I was searching for some javascript tutorials and the results are so much better than standard YT SERPs recommending me all sorts of nonsense
I admit i've had my YouTube addition, after shutting down my other socials but they usually come in waves, like if I have a topic I want to learn alot about, I just fall down that rabbit hole until I find that the content becomes repetitive and then i'm like okay I guess thats it, time to move on
I think if you're just using it for general entertainment, then its hard to kick. I know there are plugins you can add to a chromium browser that will stop your watch time too, maybe that helps some people but really the answer is to shut down the device lol
I alternated between taking the central line and northern line for 5 years travelling from Bellville to Cape Town and boy do I have some stories to tell, was a wild ride with plenty of entertainment and thrills along the way
It's great that they're getting this system back on track even when it was at its crappiest it still managed to get me to work i'd say 80% of the time.
Only thing is expanding the network would be crazy expensive and since the suburbs have expanded so much over the years knowing the rail was going nowhere, it's kinda just stuck at the moment in terms of growing its value to the city.
A single trip is R18, or $1 but you can get a monthly pass for $20 so you can take as many trips as you like within that month.
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.