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I take my black coffee in the garden and fart into the wind, its a peaceful life for the moment before the first product manager gets a hissyfit and requires everyone to sync up on a zoom call
Eventually this choice will be made for you as you acquire less and less Bitcoin for your fiat so optimise accordingly, 0.01 comes for us all
Instagram is a fiat consumption app, it curates the idea of how to spend, what to spend and selling people dreams of earning more/yield in order to consume more. No hope there
Great for commerce though, so if you sell a good or service you already have a primed auidence. Better approach to instagram is to sell something the algoholics can consume and sweep the profits into Bitcoin yourself
Hmmm that's a lot of touch points to hit, I doubt one single service or software can manage it all, and you'll have to either make some consessions or you'll have to play the middle man between all the software in play
I have worked with 1 non-profit and while they wanted to accept Bitcoin, they didnt' actually care too much about it, it was just an add on and they are more focused ont he cash and there isn't anyone technical to manage it so they went with - https://thegivingblock.com/ and for LN they're using a local payment provider that is linked up to moneybadger but on their end all they get is cash
For the front end its going to depend on how involved you want to be you can use something like BTCpay or Zaprite https://zaprite.com/ - if you're running a node yourself or something like https://paywithflash.com/flash-automated-treasury-early-access/ that you can hook up to a node or albyhub for example
As for the holding of funds, you'll need a few technical people onboard to each manage their key which is a ball ache if you do it DIY
Or you can look at something like unchained
https://www.unchained.com/donor-advised-funds
Who can at least come in an advice
but for every company you bring into the stack theirs costs involved! More DIY is cheaper but a lot of time involved in upkeep
Lol it was a good run, I remember this and freedoge coin was one of the first faucets I milked for coins and I thank them for being part of the journey! Oh well
Ive spent the last 2 weeks learning everything I can about building a drift car, don't ask me why this bug bit me, but I am too deep in now
Lol this is the new normal, the hyperscaling gross negative margin AI startup that needs to get big enough for a government bailout
Lol the strategic Bitcoin IOU, possibly rehypothicated, paying management fees strategic reserve has been established!
Until he has to sell BTC to buy back stock to rebalance the NAV, then i'd say the party is over...but not over over, his got so much Bitcoin he can probably pull off a recovery
Lol don't think playing an movie-esque 1950s character and monetising those views and doing brand deals for consumer brands is all that trad
In theory the numbers are even higher than reported since most retailers don't even know their payment rails/provider supports it, IE peach, payfast and Zapper and don't interact with the Bitcoin to them it's just a usual digital payment that settles in Rands.
Having done this several times, if you ever ask can I pay in Bitcoin the staff will look at you like a complete goofy! You have to say do you have zapper or look out for one of the payment provider logos
But it does work well, i've used it at stores, resturants, even paying for parking and settlement has never been an issue
Most of the volume is coming direct from exchange wallets who are also offering cash back in USDT for sending BTC but as a non-kyc bitcoin holder you'll get the same experience, (except having to download an extra app)
This reminds me of the period of time when I was a shitcoiner listening to all these YouTubers making money on pump and dumps and sponsorships speaking with complete conviction and it always puts the hair up on the back of my neck.
Everyone planning for what's supposed to go right, discounting everything that could go wrong to zero.
Most people don't understand how LLMs work, especially investors, everyone is just extrapolating hypotheticals and saying if it can do this it must be able to do that, if we throw more compute and energy at it, but eventually the diminishing returns have to come, the LLM has its upper limits of what it can do, i honestly think we've already reached that and that more compute and improvements will only generate marignal efficiency gains
Yes these LLMs can still be applied to many things that can still remove labour costs, but that takes time.
This is just the first boom cycle for this tech and we will have a bust and then a lull and someone will find some new version or application for it and we go again. I think he is right about this bust, but when it happens is anyones guess, the AI storys ablity to raise capital without showing enough revenue growth seems to still be on
Until I see those AI niche/edge case startups start to go tits up, I think this continues