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50 sats \ 2 replies \ @thecommoner OP 27 May \ parent \ on: BITCOIN..... always fucking with my head..... FiresidePhilosophy
So maybe its just me....but here is how I play your model out....
You have charged me at least (and I emphasize AT LEAST) 10% more than you need to for rent if you can afford to continue operating and offer me this discount. This represents to me a breakdown of trust as I cannot trust you are going to simply offer me a 10% discount and break even or even at a loss??? No it reinforces to me that you are charging maybe 20-30-50....who knows what the topside profit margin is....whatever it is you have calculated it out and you know what price fluctuations will effect your sales within reasonable % points.... this probably reflects poorly upon my overall perception of the business and causes me to be overly aware of any problems and excessively critical of the business in order to help me feel I "got my monies worth" or whatever....
This certainly is problematic to every business and it doesn't matter if I pay you in sats or USD or hard labor.... (as an employee). I am incentivized to work for more from you no matter how I can get it...and that isn't fair for either party....but it is the system FIAT demands....
This Bitcoin appreciation concept works no matter the amount as it becomes less about making more for less....and more about more for each other? Or maybe I have this Bitcoin thing all wrong...???
You have charged me at least (and I emphasize AT LEAST) 10% more than you need to for rent if you can afford to continue...
I didn't think renting property would have such slim margins. Usually buying wholesale you sell to retail at at least double the cost.
Accepting a 10% discount incentives people to pay in sats while also showing the receiver their conviction that it will appreciate over time.
Maybe I've misunderstood something
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Every property is positioned differently depending on the needs of the owner...but yes I would expect to be making significantly more than 10%....
What I am getting at though is that if you are operating on a Bitcoin standard you could be holding rents flat or even reducing them (which undercuts the FIAT competition) and makes your model that much more sustainable over the long time horizon...
To many Bitcoiners are still stuck on this business model of making the most FIAT off the customer/consumer....and to me at least this market is not just about that...
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