Avatar
cnix
59afe4d1d972b49a6b6187bea4758893f056ce522d75d5517df7768c6b20b734
Sic semper tyrannis. I like ospreys

How can anyone even know what taxes are paying for? I suppose at the local level there is some insight but beyond that, 🤪

I’m in the recreational marine industry and I am seeing a decline this year as well. I’ve been expecting it since 2020, but it seems strange that it is lagging so far behind all of the economic insanity

4 sat/vB incoming. What a time to be alive

GM

PSA for all who need to hear it:

QUIT SIMPING FOR THE CON MAN

🫡

I earned a challenge coin this week. I hadn’t heard of these before. I’m honored.

nostr:npub18kpw3akvdsyk239lx0jgwksr74sq4nlha3r8u9g2rnrhztfpfhysy469c4 I don’t think I tagged you properly in this one. Also, I follow you but don’t see your posts in my feed. Could this be a relay thing?

My 12yo daughter putting in her Sunday brunch proof of work. Buttermilk biscuits from scratch (with beef tallow), sausage gravy and a fried egg. Perfection.

GM

Where is this market?

Also, I posted about this a couple of days ago, we learned at our last meetup that if you are a Strike user, you can connect a bank account and pay lightning invoices directly from your fiat account via Strike rails. So you don’t even have to convince people to spend their stack! Of course it’s KYC, but most people don’t care about that. Seems like a good solution for a lot of people

Got some pretty good slaps today!

👀

@bitcoin.rocks #fixthemoneyfixtheworld #slaps #bitcoinrocks

I got some slaps in last night. Hoping to do a few more today. Need more stickers in a pack. Super slap pack?

nostr:npub18kpw3akvdsyk239lx0jgwksr74sq4nlha3r8u9g2rnrhztfpfhysy469c4

Every day should be this. It is our heritage

nostr:note1z8sxatl94gjc57sw4gtre4rjmpzdxgg355ffwqj9yps7mjdszx7s3n2lch

You don’t even need to load fiat into your account, you can have a zero balance. As long as you have a linked bank account it will spend the fiat directly from there and pay the invoice in sats. We demoed this at our last 757btc meetup.

nostr:note1wq74f75utkqla63m9ytddssua6yc6vefwjhxk7dsv87rrj7lmwysjk9nhn

If I accept BTC as payment for goods and services, and I spend that BTC on goods and services, it makes absolutely no sense to claim there is a taxable event.

If not for fiat, there is no way to measure supposed gains or losses.

If I sell a bushel of apples for 60,000 sats and a week later I purchase ten pounds of green coffee beans for 60,000 sats have my sats gained or lost purchasing power?

When the government inflates away the purchasing power of my fiat dollars do I get to claim this as a loss?

Do I have to pay capital gains on fuel purchases when gas prices go down?

This system is broken and absurd. Why should I feel any obligation to jump through these hoops?

#asknostr #bitcoinbusiness #bitcoinstandard #smallbusiness #accounting

The service side of my business is that way, so I can relate. To add a layer of complexity, I deal with about 20% international customers who I think I can make a great case to for using bitcoin. They struggle with time zones, bank hours, exchange rates, fraud alerts, etc.

I’m going to have new problems once I start to convince a few of them to pay in bitcoin instead of fiat. This is closer than most people think too. At our last meetup, someone demoed using Strike payment rails to spend fiat out of their bank account to seamlessly send bitcoin to me with a zero balance in their actual strike account. No taxable event there. Strike does this in something like 30 countries already. It’s fully KYC’d but it solves a real problem