IT'S BEEN OVER TWO YEARS SINCE I WROTE ABOUT INVESTING IN SATS FLOWS BUSINESSES AND STILL NO ONE ELSE IS PAYING ATTENTION
Discussion
Sounds interesting but not totally sure what it means, is a link to an article you wrote?
My own thoughts here:
Cash flow is not sat flow.
Converting from one to the other is not the same. Profitable businesses in terms of dollars doesn’t always equate to profitable in sats, and the flow rate of each is important for performance and longevity.
100% $, 0% ₿? Meh.
0% $, 100% ₿? Better.
5% $, 95% ₿? Wonderful.
That $ is useful for timing - spending on the highs & buying ₿ on the lows.
Tangential honorable mention: gotta look at treasury management too. Custody, Hot/cold, singlesig/multisig, onchain/ln/other…
Makes sense, i am wondering how many real-life examples of all this do we actually have?
Most bitcoin companies that have a payment gateway have some uneven mix of both. For example, Coinkite. Not everyone buys via bitcoin.
Miners are mostly satflow, but pubcos that shutdown for grid balancing rebates have a cashflow too?
Samouri cannot have $ cashflow.
There’s some interesting cases out there.
Whoops, missed this. Miners & makers mostly. Software services are a bit too competitive for me to want
Not yet.
Didn’t read your sats flow paper but was probably thinking something similar when I started Satoshi Coffee Co.
Just speaking for myself, but what does a knuckle dragging oaf need to know about this magic?
well not no one....😉⚡🙏🏼
What did you write?
well not no one....😉⚡🙏🏼