What a shocker. The same initiative that had zero answers in Nashville 2024 for onboarding farmers and ranchers to selling products online for Bitcoin is looking into potentially scamming its supporters.
They can kick rocks.
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Thereās a reason Iāve never promoted BeefInitiative. Always had a funny feeling about them. They were super vague and had no fundamental solutions to real problems that farmers face. Just all fluff and Bitcoin/beef buzzwords
It seemed like a great movement. I did onboard some farmers to bitcoin, but Iād give more credit to tools like oshi and simple to use wallets like muun, blue, Zeus, etc
And to be fair, some of the guys i onboarded were already into bitcoin, just needed help with Shopify configs
In all this time, I have yet to see anyone actually show the real tangible value Beef Initiative has provided them in a real world scenario.
Have only seen the people that run it make rounds on podcasts and conferences saying the same thing 100 different ways
The value I got was in meeting people doing the real work (farming and ranching). but you are right, for the most part those people did not benefit past a little bit of marketing
The best grifts associate with real truths - getting to know where your food comes from/supporting local/the issues with multinational consolidation etc.
I was naive š¤·āāļø
There have been signs for a long time that Slim was a grifter and this is proof. To even dip your toe in the Rubicon is the same as marching on Rome. Shitcoiners.
1000%
Mental note of who all promoted them blindly
This is the dark side of bitcoin: a lot of people get free virtue points for embracing bitcoin. I have seen that abused FREQUENTLY. It isnāt as bad as gen pop but it is around 30% in my experience. Many handshakes and agreements reneged. It is kind of a meme to take advantage of starry eyed newbies that give too favorable deals to bitcoinersā¦especially influencers. My first piece of advice when I see this is to warn them that the Halo Effect is intense and undeserved in many cases.
If I had to Steelman I would point out that doing business on a bitcoin standard is difficult because both capital and customer funds are stingy. Making a profitable business on these conditions is hard on your wallet and your ego. Many fold and compromise on their values in the face of this reality. My advice to this cohort is: dig deep and try to find a way to not be completely reliant on bitcoiner generosity. Figure out how to actually achieve excellence and be undeniable. Build bridges to non bitcoin communities.
Lastly my advice to consumers is: consider that fence sitting ends badly. There will be a time where your choice is to support people who align with you or enter a Faustian slave contract. The sooner you choose the former the better things will be for you. Do not be lulled into easy retirement or the dreams about it. Luke 16:21.
Well stated
Stopped listening to him awhile ago because of it. Dude is a slick talking con-man, and the shit from Beef Initiative is seriously overpriced.
Thanks for pointing this out.
