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0 sats \ 2 replies \ @Kontext 24 May \ on: Property Management built on Bitcoin - and BTCpay Server? bitcoin
1st of all, it's okay, we're all very early and we're all learning - nobody knows "everything" about Bitcoin
2nd - perhaps it's me who's dumb here - I don't understand your question. BTCPayServer helps you accept Bitcoin as a medium of exchange in a non-custodial way. If you're going to run a business (be it property management or anything else), then the rest of the job is... running the business. What exactly is it that you want to integrate/build on top of BTCPayServer?
I'd like to test out this approach, either offering only short term contract I believe it could be interesting.
I think what @thecommoner mean, is that he would like a sort of plugin to do the calculations for him. For example (as s/he mention on #542701 ):
- if a resident pay $500 monthly rent when BTC price is 60k
- if, at the end of the month, the price jump 50% to 120k,
- then the resident get back 50% share of any price appreciation for the sats they paid1, that could be used to to pay se next mont rent or just as a contract exit bonus
The variables to manage will be then:
- length of recurring contract (weeks,months,years)
- number of recursions
- % giveback share in sats based on price appreciation
This is just an example of what I understood, maybe I'm wrong on some detail.
Footnotes
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You got it.... I think :)
It sounds easier - the way you explained it...
The difficult part...I think - is going to be how to assure the "resident or customer" that the "landlord or business" has the ability to return "whatever the % share of the appreciation?"
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