13 sats \ 0 replies \ @ov1_kenobi 15 Jul \ on: Bitcoin Accepted - PoS systems bitcoin_beginners
These guys have built a good purpose-built product that's integrating nicely with the Boltcard LN NFC cards, now easily provisioned at scale through BTCPay servers these days.
https://bitcoinize.com/
As a practicing solo-preneur capturing fiat for satstacking by working for real estate owners who are fully embedded in the fiat plantations I am forced to overprice my services so I can deal with delays and fees using centralized fiat payment processors. My business costs go up just to get paid in shitty digital fiat monopoly 'money' through KYC'd systems, and my idiot clients, even the tech savvy ones in Austin, TX Bitcoin Mecca, would rather pay me $200 extra each week rather than pay me in cash, or to save $400 each week to pay me in LN sats.
The problem I find with running a business these days, in the US at least, is that many are still enjoying their seigniorage, paying higher amounts for more services than Bitcoiners will ever consider doing. Those who've left the fiat monopoly money game board are FAR less willing to part with their capital for any reason and tend to be far more competent as critical thinking problem solvers capable of doing things for themselves. I literally have full grown adults paying me over $1/minute to climb on a ladder to change light bulbs or hang pictures. Bitcoiners won't even buy chairs, let alone pay for drapes or for someone to hang a TV or art on the walls.
Seems to me that any and all businesses that begin operating on a Satoshi Standard will over time accumulate more capital than those currently drunk on the fiat debauchery that's commonplace these days. Until then, I'll gratefully stack sats as often and in every way that I can, trying to administer as many profitable income streams as I can.
Personally, I'm trying to figure out how to earn sats by helping other solo-preneurs stack more sats for themselves using whatever talents they may possess. Putting on my own satoshi life mask 1st...
Property taxes are paid out annually, so storing that $900/month of capital as BTC until the annual extortion comes due will help capture the ongoing bitcoin value gains. Monthly DCA through Swan/River/Unchained through a Trust account can gradually increase your stack. IF structured properly, this Trust can increase your privacy, decrease your tax liabilities, and decrease your likelihood of litigation.
The Bitcoin Real Estate Trust can postpone taxable events indefinitely, while keeping maximum privacy, but you must set them up and operate them carefully. Parking capital in a seige-proof manner as air-gapped UTXOs will make capturing more real estate obsolete. The need for like-kind reinvestment to postpone short term capital gains, for paying off the local mafia with 'property taxes', and dealing with weather, tenants, and zoning/code enforcement will make investing in real estate beyond personal needs a losing proposition.
I am a professional working in residential renovations and maintenance, materials and labor are becoming more scarce and more expensive, even in the best of locations. Seems to me that fiat has artificially driven real estate far higher than its actual value in almost all cases and places in the US. I'd suggest stacking your sats iin the US while the 'getting is good' in order to eventually pay 'cash' prices for real estate in what appears to be the new 'land of the free', South of the border in Mexico.
If you truly want your festival to be powered by bitcoin, perhaps you'd be interested in integrating NFC cards for entry that can also send/receive LN sats...
If so, reach out and I'd be glad to help you integrate these systems into your event.
GENESIS