pull down to refresh
So I see the the big blockers are back at work. I was hoping that with Ver in jail we'd get a break, but I guess he paid a few in advance and they still have a so money left to earn. You won't be able to pay for your coffee on the first layer. Deal with it.
Yes you should pay for things in bitcoin. No I don't want the State to put people in jail for taxes, not even Bitcoin Judas.
No I won't be pruning my node. Without a small blockchain, you don't have decentralization. Without decentralization, we have nothing.
Yes, you'll have to use second layers and mints and whatever for small payments. Deal with it. It was always going to be that way. Anybody who thought about it for a few minutes knew that was always going to be necessary. Satoshi also said that.
๐ Please Donate for August 2024
In line with the plan to achieve sustainability (break-even), donations will directly reduce the posting fee, such that donations + forecasted posting fees - monthly rent = 0. The "forecast" will just use the prior month's post-count.
The next Fee Operation Management Committee will announce new posting fees according to the following schedule:
Block 856011 ~2024/08/10 13h00 UTC
Block 860330 ~2024/09/09 13h00 UTC
Block 864506 ~2024/10/08 13h00 UTC
See the prior month's post for more details @ 604610.
Accounting Notes
July Crowd Funding
Crowd Funded Contributions for July 2024 - thank-you!
@Undisiplined - 25K
@siggy47 - 5K
@grayruby - 3K
@anons - 5.1K
Total Crowd Funding = 38.1K
July Revenue
40.9K according to the operational stats.
Posting Notes
- Forecasted Posts in July = 331
- Actual Posts in July = 287
- Forecasted Posts in August = 287
Shortfall of ~44 posts vs forecast.
Treasury was 41K at end of May. I'm holding off ratifying rules around treasury burn until I see signs of stability in modelling the future. We're still bleeding money, and @jeff is plugging the holes.
Short Term Priorities & Goals
These are unchanged.
- Break even with crowdfunding
- Break even without crowdfunding
- Build up treasury
- Run incentive backed games
- Build Tooling
Operational Metrics / Quick & Dirty Fee Change Analysis
All-Time
1.9m stacked \ 177.8k revenue \ 2.3m spent \ 2942 posts \ 14.5k comments
~ 4 weeks in March @ 10 sats-per-post:
215.7k stacked \ 19k revenue \ 247.3k spent \ 588 posts \ 1755 comments
April (proper):
277.9k stacked \ 26.8k revenue \ 322k spent \ 605 posts \ 2303 comments
~4 weeks in April @ 21 sats-per-post:
203.9k stacked \ 24.6k revenue \ 239.3k spent \ 537 posts \ 2151 comments
May (proper):
149.5k stacked \ 27.8k revenue \ 194.8k spent \ 380 posts \ 2095 comments
~4 weeks in May @ 100 sats-per-post:
105.3k stacked \ 26k revenue \ 144.6k spent \ 326 posts \ 1919 comments
June (proper):
253.4k stacked \ 36.8k revenue \ 327.1k spent \ 331 posts \ 2297 comments
~4 weeks in June @ 136 sats-per-post:
260.4k stacked \ 35.5k revenue \ 332.4k spent \ 327 posts \ 2551 comments
July (proper):
339.4k stacked \ 40.9k revenue \ 423.8k spent \ 287 posts \ 2662 comments
~4 weeks in July @ 187 sats-per-post:
307.8k stacked \ 39.2k revenue \ 389.6k spent \ 250 posts \ 2230 comments
Territory Change Log
2024/07/11 - Increased the posting fee to 187 @ 604610
Owner's Pledge
If this territory ever runs a cumulative net profit, I'll find a way to do right by the earliest contributors. There is no guarantee of that scenario. Most likely, it'll take the form of "pay-it-forward"-style BTC-adoption/effort/charity.
Disclaimer
Do not donate with the expectation of receiving a share of future profits. This is not a security offering.
Prior Updates
๐ Please Donate for July 2024
In line with the plan to achieve sustainability (break-even), donations will directly reduce the posting fee, such that donations + forecasted posting fees - monthly rent = 0. The "forecast" will just use the prior month's post-count.
The next Fee Operation Management Committee will announce new posting fees according to the following schedule:
- Block 851691 ~2024/07/11 13h00 UTC
- Block 856011 ~2024/08/10 13h00 UTC
- Block 860330 ~2024/09/09 13h00 UTC
See the prior month's post for more details. #566281
Accounting Notes
June Crowd Funding
Crowd Funded Contributions for June 2024 - thank-you!
Total Crowd Funding = 48.2K
June Revenue
- 37K according to the operational stats.
Note that this is the first month without a rake being taken off of the donations.
Posting Notes
of Actual Posts in June = 331
of Forecasted Posts Posts in June = 380
of Forecasted Posts in July = 331
Shortfall of ~49 posts vs forecast. We probably saw posts drop off a bit due to the higher cost.
Treasury was 41K at end of May. I haven't yet decided if I want-to/should-be dipping into the treasury to cover shortfalls or not. Goes without saying, I'm cover the balance each month unless the Treasury does. I'm leaning towards a half-life concept applied to the Treasury, where up to half of the existing treasury can be spent in any given month. I don't know why, but I think I like the idea of a capped burn rate and setting a precedence while I'm the only person with spending-authority, so that hopefully when there are more, the entire treasury can't be spent in any given month. Feedback welcome. I still need to do that cumulative YTD analysis.
Short Term Priorities & Goals
These are unchanged.
- Break even with crowdfunding
- Break even without crowdfunding
- Build up treasury
- Run incentive backed games
- Build Tooling
Operational Metrics / Quick & Dirty Fee Change Analysis
All-Time
965.8k stacked \ 102.6k revenue \ 1.1m spent \ 2366 posts \ 9742 comments
~ 4 weeks in March @ 10 sats-per-post:
215.7k stacked \ 19k revenue \ 247.3k spent \ 588 posts \ 1755 comments
April (proper):
26.8k revenue \ 277.9k stacked \ 322k spent \ 605 posts \ 2303 comments
~4 weeks in April @ 21 sats-per-post:
203.9k stacked \ 24.6k revenue \ 239.3k spent \ 537 posts \ 2151 comments
May (proper):
27.8k revenue \ 149.5k stacked \ 194.8k spent \ 380 posts \ 2095 comments
~4 weeks in May @ 100 sats-per-post:
105.3k stacked \ 26k revenue \ 144.6k spent \ 326 posts \ 1919 comments
June (proper):
253.4k stacked \ 36.8k revenue \ 327.1k spent \ 331 posts \ 2297 comments
~4 weeks in June @ 136 sats-per-post:
260.4k stacked \ 35.5k revenue \ 332.4k spent \ 327 posts \ 2551 comments
Territory Change Log
2024/06/05 - Lowered the posting fee to 136. See #568328
Owner's Pledge
If this territory ever runs a cumulative net profit, I'll find a way to do right by the earliest contributors. There is no guarantee of that scenario. Most likely, it'll take the form of "pay-it-forward"-style BTC-adoption/effort/charity.
Disclaimer
Do not donate with the expectation of receiving a share of future profits. This is not a security offering.
Prior Updates
June 2024 #566281
May 2024 #526847
April 2024 #493332
March 2024 #448054
If you have a simple Electrum wallet file then it actually makes things pretty easy.
- In Sparrow Wallet go to "File" -> "Import Wallet..."
- Next to "Electrum" click "Import File..."
- Locate the Electrum wallet file (usually in ~/.electrum/wallets/)
- You are asked to name the wallet. Click "Create Wallet".
- Optionally set a password
- Now you have imported the wallet and your SegWit Coins should appear.
- Switch to the "Settings" tab
- Change "Script Type" to "Taproot (P2TR)"
- When asked whether to clear the keystores, select "No"
- Click "Apply"
- Now you should see your "lost" Taproot coins, ready to be spent.
๐ Please Donate for September 2024
In August, we got very close to breaking even on a total-revenue+donation basis! Which means if donations are flat this month (ie >= ~38K), and there is just a tiny bit of growth, we might be close to a point where sustainability is in reach.
In line with the plan to achieve sustainability (break-even), donations will directly reduce the posting fee, such that donations + forecasted posting fees - monthly rent = 0. The "forecast" will just use the prior month's post-count for one more month. After September, we will introduce a dampening mechanism as discussed a month ago, to smooth out post-fee changes.
The next Fee Operation Management Committee will announce new posting fees according to the following schedule:
- ~2024/09/09 13h00 UTC
- ~2024/10/08 13h00 UTC
- ~2024/11/09 13h00 UTC
Note that I'm dropping the block-numbers, because I'm mixing them up with SN post #s.
Accounting Notes
August Crowd Funding
Crowd Funded Contributions for August 2024 - thank-you!
@Undisiplined - 25K
@siggy47 - 5K
@grayruby - 3K
@anons - 5.2K
Total Crowd Funding = 38.2K
August Revenue
56.7K according to the operational stats.
Posting Notes
Forecasted Posts in August= 287
Actual Posts in August = 289
Forecasted Posts in September = 289
Surplus of 2 posts vs forecast.
Treasury was 41K at end of May. I'm holding off ratifying rules around treasury burn until I see signs of stability in modelling the future. We're still bleeding money, albeit less slowly now, and @jeff is plugging the holes.
Short Term Priorities & Goals
These are unchanged.
- Break even with crowdfunding
- Break even without crowdfunding
- Build up treasury
- Run incentive backed games
Build Tooling
Operational Metrics
All-Time
1.9m stacked \ 177.8k revenue \ 2.3m spent \ 2942 posts \ 14.5k comments
~ 4 weeks in March @ 10 sats-per-post:
215.7k stacked \ 19k revenue \ 247.3k spent \ 588 posts \ 1755 comments
April (proper):
277.9k stacked \ 26.8k revenue \ 322k spent \ 605 posts \ 2303 comments
~4 weeks in April @ 21 sats-per-post:
203.9k stacked \ 24.6k revenue \ 239.3k spent \ 537 posts \ 2151 comments
May (proper):
149.5k stacked \ 27.8k revenue \ 194.8k spent \ 380 posts \ 2095 comments
~4 weeks in May @ 100 sats-per-post:
105.3k stacked \ 26k revenue \ 144.6k spent \ 326 posts \ 1919 comments
June (proper):
253.4k stacked \ 36.8k revenue \ 327.1k spent \ 331 posts \ 2297 comments
~4 weeks in June @ 136 sats-per-post:
260.4k stacked \ 35.5k revenue \ 332.4k spent \ 327 posts \ 2551 comments
July (proper):
339.4k stacked \ 40.9k revenue \ 423.8k spent \ 287 posts \ 2662 comments
~4 weeks in July @ 187 sats-per-post:
307.8k stacked \ 39.2k revenue \ 389.6k spent \ 250 posts \ 2230 comments
August (proper):
263.5k stacked \ 56.7k revenue \ 376.7k spent \ 289 posts \ 2905 comments
~4 weeks in August @ 215 sats-per-post
189.3k stacked \ 75.8k revenue \ 339.4k spent \ 246 posts \ 2273 comments
Territory Change Log
2024/08/11 - Increased the posting fee to 215 @ 644200
Owner's Pledge
If this territory ever runs a cumulative net profit, I'll find a way to do right by the earliest contributors. There is no guarantee of that scenario. Most likely, it'll take the form of "pay-it-forward"-style BTC-adoption/effort/charity.
Disclaimer
Do not donate with the expectation of receiving a share of future profits. This is not a security offering.
Prior Updates
August 2024 637435
July 2024 601808
June 2024 566281
May 2024 526847
April 2024 493332
March 2024 448054
Additional Notes
There was a material uptick in my own accounts income from referrals. I'm trying to figure out if that is tied to the territory or not. If anybody knows, it would be helpful to understand as it might impact my model.
Alright, zap this comment 25k and let's go for it for the week, unless you wanna go for longer or shorter? I can be flexible on however long you feel is good?
I'm assuming you'll want just this post to be the ad? It's got all the information and relevant links in it and we can go straight ahead and pin it in it's current form.
Ah yes, I'm a warmonger for... not wanting myself and friends of mine to be murdered by Russian invaders?
People I personally know had their homes taken during the initial stages of the invasion. Russian forces looted their homes, taking everything of value. Many of the people who didn't flee in time were simply murdered - a common way to die was to have Russians throw grenades into your basement window. And for that matter, lots of the women and girls who didn't flee in time were raped.
How did those people I personally know get their homes back? Not through diplomacy or negotiations or dialog. They got their homes back because Ukrainian society organized a defense, and killed those Russians in large enough numbers that they abandoned those parts of Ukraine, and went back to the border. Unfortunately not every home - I also know people whose homes are still in occupied territory. But in time, this theft of land and resources can be entirely reversed.
It's not "warmongering" to defend yourself. It's no "warmongering" to help other's defend themselves. What is warmongering, indirectly, is to try to stop others from being able to defend themselves. You, @DarthCoin, are warmongering by the fact that you are setting up conditions where future, genuine, warmongerers like Russia will be able to profitably repeat wars against defenseless targets.
When you get down to it, what Russia is doing is ultimately the same as common thieves and murderers. Russia is invading land, and killing and subjugating the population, and stealing their property and resources. Any sane, intelligent, person supports the use of violence to stop murder and theft. You are not such a person.
20.5k sats \ 4 replies \ @bitcoinplebdev 3 Feb \ parent \ on: Learning to code: My MVP as inspired by PlebDev devs
Awesome, thanks for the progress update and feedback! The feeling of stacking repos / commits is one of the coolest things, it's like building a canvas of knowledge and work slowly over years I definitely wanna help every new dev get addicted to that experience.
- Yeah code shortcut can be weird on different OS's, mine on mac will just stop working lol
- This is when you were sending a zap on the course or lesson through the UI? Can you tell me what browser you were using or if on mobile and how you paid? The zapper app integration has been a bit shaky, I'm gonna be doing my own full e2e implementation of zaps soon.
- Yeah I need to like record myself doing this in a lot more detail and on multiple OS's probably. Honestly this process is so confusing and easy to forget I had to watch a tutorial myself before recording that lesson ๐
I appreciate the feedback this is helpful AND encouraging to know people are going through it and finding value! This is just V1 of the starter, I will redo it and improve it at some point soon cause I know how important it is to have an empowering and fun intro for this stuff and these little blockers can be so devastating for that hah
๐ Please Donate for June 2024
donations + posting fees - monthly rent = 0. The "forecast" will just use the prior month's post-count.Accounting Notes
Crowd Funded Contributions for May 2024 - thank-you!
Short Term Priorities & Goals
Operational Metrics / Quick & Dirty Fee Change Analysis
Territory Change Log
Owner's Pledge
Disclaimer
Prior Updates