Nostr Web Client

Replying to

BitcoinEkasi

We paint shacks because it helps our circular economy project.

It gives us a constructive channel through which to circulate sats into the local economy.

https://blossom.primal.net/04fe34504bbbacbb45b4b7a671e859ce66bb62b5adc33d9123d48ca8ed1c2c8a.mp4

Residents of painted shacks receive a stipend of 7,000 sats/week, which they only receive as long they:

1. Do not convert to fiat, whether they choose to save or spend, it must happen with sats.

2. Keep the area clean, and free from rubbish and pollution. No regular cleaning, no sats.

It also brings some colour to a bleak environment. It adds some pride to otherwise unimpressive living conditions. It draws attention to our project, and makes for great photos and videos when people visit.

We have many reasons for doing this.

And.

As a happy side effect, it also helps promote some really cool Bitcoin projects, like nostr:npub17tyke9lkgxd98ruyeul6wt3pj3s9uxzgp9hxu5tsenjmweue6sqq4y3mgl !!

Matt 6mo ago

Hi! I would not call it “circular” since people are literally improving environment for sats, not circulating it infinitely. I believe, such work literally has to be rewarded by neighbors rather than a start-up project’s fund itself. I would not regulate their spendings and rather provide a market where it is literally beneficial to use sats, e.g. connect them to farmers so they could literally buy food.

Another thing ur approach seems to overlook is actually attesting to the work performed in a public project. Having an “oracle”. I proposed this solution: https://dk14.github.io/mega-peers/docs/#/README

Unfortunately, I ran out of financing since I had to scam scammers in order to get it (some idiots thought they can use this approach for gambling, without realizing that I meant environmental risks rather than predictable gambling).

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