This is exactly my fiat mining job. LN does fix this. Have you used Zaprite?
Discussion
I am researching it now! This is some cool stuff, do you think this stuff will break into the Fortune 500? They seem more set on Coupa,Oracle,SAP, and Ariba than anything like this.
It will be a long, long, long, long time but yes.
Analog fiat money makes big businesses into monopolies but digital sound money makes small businesses much more competitive
It will be small companies that adopt this tech first, and it will give them a super power. The big boys will adapt or die
Imagine coming to work and getting paid every hour as you work? HUGE psychological boost and hiring advantage. Only possible with a company on a Bitcoin standard. Just one example. But also imagine your a vendor, and you get paid next day or even same day? No more net 30 nonsense. At least, companies that can pay faster will have an advantage.
Beautifully written. I’ve been in corporate procurement almost 10 years and I see inefficiencies in every single area (contracting, sourcing, req to PO, invoicing and payments). I think these new channels will force the hand of larger companies to change the way they pay. I actually think it could be supplier driven first not large company driven. The supplier doesn’t want interchange, they want fast settlement and no exception management issues. This tech could shift all of what we know about corporate spend on its head. Zap ⚡️ zap⚡️.
100%. Hyperbitcoinization is when people with valuable things to sell stop accepting anything except bitcoin. Whether it’s because it’s because it’s hard money and the dollar is failing, or simply for the lack of hassle like you are saying, it’s inevitable on a long enough timeline.
Agreed! My only concern with Bitcoin revolves around controlling regimes, and I’ve seen several comments on all side is that with programmable money such as CBDCs, couldn’t the government program the FedDollar not to allow purchase of Bitcoin? This could damage adoption amongst the masses potentially. Thoughts here?
Black and gray markets. It was illegal to transact in foreign currency in the Soviet Union and Weimar Germany, but that didn’t stop people. People will do what the need to do to feed their families. And then eventually those governments fall, because they are holding back reality.
CBDC is a last ditch effort to keep the sovereign debt ponzi going but when the Treasuries implode (like LUNA) the dollar will too (like Terra)