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0 sats \ 1 reply \ @OT 27 May \ parent \ on: BITCOIN..... always fucking with my head..... FiresidePhilosophy
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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0 sats \ 0 replies \ @thecommoner OP 27 May
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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