POS. I actually do capture the BTC payments at the register as Bitcoin but when that data gets pushed to the bookkeeping backend I deposit it to “Cash on Hand”. I’m using Lightspeed POS and I need to build a middleware to automate the payment workflow between Lightspeed and BTCpay. But I’m not really a developer so I’ve been avoiding that and just added a payment method called bitcoin in the POS, create the sale, and then jump to a browser where the BTCpay server page is and enter the amount. Once it goes through I jump back to Lightspeed and hit bitcoin as the payment method and it prints the receipt. It’s more or less the same as accepting a check, which I also have as a payment method in Lightspeed.

TikTok = High Time Preference

Nostr = Low Time Preference

I’ve heard him mention that too, but he never goes too deep. I’m in a different jurisdiction so I don’t know how much of what he’s doing would be relevant anyway, but I’m definitely interested in all discussion on this topic. I believe merchants will ultimately drive adoption, legally or not

I’m not sure I can stand another ten years of trying to outrun the money printer. Would just close the businesses and get a job! 😔

I’m so grateful for this thread, thanks to you both for taking the time to articulate these ideas.

I’m in agreement with whichever one of you suggested that BTC payments would be slow to start. I am currently running a BTCpay server and a lightning node. I am just marking BTC payments as cash, effectively buying KYC free sats. I think? I have not had an accountant review any of this. BTC payments so far are a minuscule portion of the business so I’m willing to face the music for any mistakes I make now.

I have an account called “Cash on Hand” and I deposit all cash to that account. If I don’t wind up moving it to a real bank account before the end of the year then the real cash is never actually there anymore, because I spent it, so I settle that balance to another account called Owner’s Pay.

I should also mention that I have two businesses operating under the same umbrella, one is service and the other is retail sales. The service business retails parts that are installed, and is probably about 65:35 service:COGS. The retail outfit is new and is where I’m experimenting with the BTCpay server.

Bigger picture, I’m trying to figure out how to sweep profits into BTC and what kind of ratio of operating capital to keep in fiat to avoid those taxable events of selling or spending the BTC until laws become more sensible. I have levered some BTC a couple of times for operating capital when needed to avoid the taxable events.

Have you tried meditation? It’s not a quick fix, but it helps you deal with a noisy mind. You can’t control having feelings or where they come from, but you can control how you respond to them. My favorite lesson from Marcus Aurelius; focus on what you can control

#asknostr

nostr:note1nrnn05ee2yj76tyy3vk39c52qlj5dn8n9k09szvz8at9z8eggass8766sx

I’m interested in you the human being. What you’re wearing or what you’re doing are layers of you that help to make you interesting.

Are you a brand or a human being?

I’m looking for accounts to follow that are sharing their experience running regular businesses on a Bitcoin standard. Landscapers, painters, restaurants, dentists, etc. Please advise

Can’t wait for you to share your experience at the meetup!

That was an empty space, but you are correct, it was removed after a couple of days. Maybe I should have chosen one with a better fit

True, don’t make your users do shit work

Also true, we’re early

nostr:note16c9ytvcj50me89am7qlmvr7t38ww9q9swfedrdxhms2ysk9yvhgs50etur

Keep kids off of fiat

😁

nostr:npub1ht4cvtenrqusa3d0tjwmvjh9mkewlsdf0k65ce2sv44l5twvq49sajqeku I tried to tag you on this but it didn’t work the first time

First slap!

nostr:npub18kpw3akvdsyk239lx0jgwksr74sq4nlha3r8u9g2rnrhztfpfhysy469c4

@greeny

I won’t disagree with that point, however it’s not a solution to the problem

Luddite

Is anybody working on privacy-focused FOSS for automobiles?

Are there any devs on Nostr that have worked in the automotive industry?