cypherpunk payroll:

employees send pgp encrypted yaml invoices which i decrypt with pgp key stored on my yubikey

sabrent enclosure, 2tb m.2 nvme for holding full node blocks.

bitcoin-qt with my watchonly hardware wallet descriptors loaded into bitcoin core (descriptors exported via hwi)

transactions are created as bitcoin core psbts and are signed with coldcard q via industrial grade micro sd.

whats the point of banks and payroll companies again?

Reply to this note

Please Login to reply.

Discussion

They not have a reason to be. They just want to take commissions from your fiat.

Yaml this you micro yubi sabrent!!

No, I have no idea what that means. It just blurted out. šŸ¤¦ā€ā™‚ļøšŸ¤·ā€ā™‚ļø

compliance

On top of this:

bitcoind running on my other machine with a walletnotify script. Notifications are also sent to wireguard relay so my nostr client gets notified when coins move.

Can also push to damus push notification relay but i want to end to end encrypt notifications before i do that so apple can’t peek

The future is now

🫔SIR!

Nice šŸ‘Œ

I have 45+ employees. Employees who are not freelancers. There are no invoices. There are clocked hours, per piece delivery payees, salaries, overtime, bonuses, commissions, huge 941Q payroll taxes, medical of which cannot or at least shouldn't be computed by the employer.

This is why payroll companies exist.

Nothing a few shell scripts couldn’t handle

Buy why? It costs me $150 to run payroll and they assume all the risks, processing, paying taxes, filing with the IRS, handling deductions, child support, etc...

I think perhaps if you were doing payroll for 50-100 workers with strict regulations you may understand payroll companies value.

No need to mention reality.

Having people on a payroll in 2025 is a huge liability compared to freelance workers. Your company is basically stuck in the 20th century funding the destruction of us all.

Congratulations. Chances are no matter what your company does or produced. As such it is a net negative for the advancement of society.

Think bigger. Only because you put some of the fiat you earn into your personal NGU stack doesn't make you a Bitcoiner.

Bitcoiner (and let me add Monero) is about separating money and state. After 250 years it's a new declaration of independence. Independence is always about taxes, as the money printer itself is nothing but a hidden tax.

Don't fuck it up by attaching yourself to the old system. Close your company gracefully and create something that represents the ethos of self's over dignity and independence if you are a real Bitcoiner. Lamenting and complaining bout over boarding regulation is just lame. Do your self a favour by stopping such thoughts.

Awww, happy 10th birthday!

Let me know when you join the real world. ā¤ļøšŸ„°

Get a display name douchebag.

You are the one who wants to have it all without sacrificing something. Freedom has a price and you are not willing to pay it. Which is fine, but please stop the maxi bullshit.

I have no idea what the hell you are talking about. This wasn't my thread, rather jb55.

I run a business with real people that rely on their income. In the real world there are massive rules about who can be a freelancer and who cannot.

In the real world, a normal employee wants to be W2 and have it handled for them, not keep track of their own taxes.

I have no idea what this has to do with freedom and being a maxi.

Again, get a fucking display name. It takes 2 seconds. Using only your npub is obnoxious.

You are living in another world

Nice set up!

Easy for you. Hard for non-coders. I understood half of what you wrote.

nothing a bit of software can’t make easier

Of course. Just adding to the discussion.

I’m just glad to see someone else still running Catalina… particularly someone so smart about all this technology stuff that I don’t understand.

Maybe you get sick of maintaining, updating, doing all that, wanna go on vacation without all that, or…all that gets stolen…?

It’s an impressive workflow though

How do you send in the payroll tax and withholdings to the government?

What are you even here for if that is the first question that pops up in your mind?

What do you think the separation of money and state means?

That you still will act like a slave when the state mafia comes to coerce you? Self-sovreinity is a declaration of independence. Be a Bitcoiner or go back to fiat la la land.

IMO, if you are for purposeful tax evasion, that is your choice, but I wouldn't post about it publicly (even as small as nostr is)

Dude is a 10yo basement dweller they doesn't understand most businesses operate in public and have legal requirements.

Bro doesn't seem to understand that there are millions of small businesses who as aren't just selling drugs online or whatever his idea of 'freedom' is.

Clearly doesn't understand that employees count of their paycheck and business following the law so they have a paycheck next week, month, year.

Wait. I want to know more. How your encrypted invoicing works and how you process the payroll transactions. Is it one by one? Or can you queue up multiple invoices for payment and batch process.

You can deterministically generate a payout address for every employee without asking for addresses:

https://jb55.com/btc-payouts/

Then you would just have a script that constructs a single bitcoin txn with N outputs

Huh. Interesting. I’ll dig into this some more. If I have more questions, are you good if I ping you?

make it easy to use and integrate it into square payroll services ;-)