I’m gonna just keep quote posting this until it’s irrelevant. 98k gang can stay as long as they like.
Good morning!
nostr:note18w233faspfn9357hntzmuzmf2mepqh206azhze4syw3ddhur9ggqatdw26
Good question.
Yeah mine is busted as I haven’t transitioned off Alby yet. I got to figure out my next step.
A few thoughts. My understanding of things like “chipotle points” is that what they are giving away is more of the thing they make. So from the consumers perspective I get an 8 dollar burrito but from chipotle’s perspective I gave away 3 dollars of ingredients and 1 dollars of employee time. So there is an asymmetrical benefit which incentivizes the company to redeem.
Here is my pitch I think it works but it’s not going to make the accountant happy: Give people the option of receiving a portion of their payroll in sats As an option No KYC Bitcoin. If No KYC Bitcoin has a higher utility than KYC Bitcoin, then employees would be willing to accept an exchange rate for their portion of salaries in fiat that aligned with slightly better than what the No KYC markets provide in terms of trading fiat to btc. Next accept bitcoin as method of payment. Sourcing your own sats from customers, Use lightning which has lower fees than credit cards so you can sell your goods or services at the same price or cheaper to compensate for fees? but have a lower cost of acceptance.
So on the seller side you are keeping more of the value from sales, and on the employer side they are getting lower costs because people are taking a small haircut on a portion of their pay inorder for it to be No KYC, and you are supplying your own NoKYC btc via the clients paying in BTC so you don’t have to face the No KYC market rates.
I think this makes sense, but I admit I’m dosing off as I try to finish the post. Good luck.
100%, very well said.
That is also the central thesis of Graeber's "Debt: the first 5000 years", which some Nostriches may not have read:
https://annas-archive.org/slow_download/53d5b8c03c02793750fc36fe983143dd/0/2
Thanks for pointing out the book, I haven’t read it but recently came to the evidence of this as a fact, no doubt a derivative of his book. While previous to that I just knew from of philosophical sense that the feeling you owe someone for a gift, being ingrained to the human condition, must have occurred before anything else. The concept that formal debt systems appear to have predated formal money systems is icing on the cake.
I don’t know anything about airsoft but looks like the ammo is plastic BBs not whatever that is. I assume this is air propelled?
Waking up seeing all the posts from people staying up late to try to catch 100k, seeing those posts were hours ago and knowing it didn’t cross 100k yet, I’m looking forward to a cat and mouse between 98k and 100k that will keep you all sleepless for as long as possible. #bitcoin
I like how this post can be taken any way you want.
A) Team red persuaded them to join by reds great principles.
B) Team blue has gone so far left.
C) Team red has been co-opted by team blue.
D) Team blue remains great and is now purified of these clowns.
Originally,
The first “medium of exchange” was trust between humans.
The “double coincidence of wants” was solved because you lived and worked together to acquire the things you both wanted.
The “unit of account” was your gratitude and feeling of indebtedness you felt to your close relationships.
The “store of value”, was your culture and knowledge.
The “inflation” was the rate of decomposition
One day I want to build his stove, probably on the back porch with a bell bench. I’m too chicken to build indoors atleast for the first one, but an outdoor kitchen on my porch for garden processing seems like a good fit. Plus a redundancy for cooking in general. But they seem very functional.
Sorry I see now this was already linked.
This guy keeps chipping away at this project and it looks better all the time.
I love all the work Paul Wheaton does with rocket stoves and heaters but sometimes the foot print for those things are enormous and awkward to retrofit into smaller spaces. So I ended up just putting a conventional wood stove in the shed. Perhaps something similar to this with a small mass this could work well in such a space as well as in an outdoor kitchen.
https://www.youtube.com/watch?v=vt9kmbhQC1k&t=1189s
#permies
#rocketstoves
#permaculture
Have you seen this guy and his plans?
Here I updated it for you crazy bastards.
https://www.cnn.com/election/2024/results/president?election-data-id=2024-PG
#election #2024
They prefer open fields, grasslands, and farmland, often in areas with good cover for nesting.
I’ll leave this here just in case some hoser gets it in their noggin to mess with the mighty Sapdollar’s supremacy.