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Bitcoiner Rational optimist #AUStrich OpenSats Bitcoin Brisbane bitcoinbushbash@nostrplebs.com Honeybadger Noob Day Working on https://primal.net/EscapeHatch

Trust your gut

Weigh the pros and cons carefully for decisions with implications/impacts that cannot be undone/reversed

No. Damper is only for when you’re camping mate

The beach

Cold beers

Ripe mangoes

The mountains

Succulent cherries

BBQs with friends and family

.. they’re all January things 🤝🤗

Eisman’s most relevant comment is that the failure of the USD bond market is the objective measure against which failure of the USD as global reserve will be recognised

Happy Birthday #Bitcoin

15 years old today and just like a teenager, showing lots of promise, full of life and energy and ideas

.. and just like a teenager, can benefit from care and nurturing but will accumulate their own scars and lessons reaching maturity

Thanks Satoshi 🧡

Have done the same - there’s a reason the windscreen is 50x the size of the rearview mirror - life is forward only. Sure, glance in the mirror to remind you of your journey to date - but that can never be changed or altered, only learned from. Focus on the choices for where next .. which are endless in possibilities🔥🧡

Happy New Year!

Damn. Now I’m 😋 hungry

Happy New Year #austrichs

Replying to Avatar Dr. Hax

As someone who produces open source hardware and the software that goes with it, the challlenge for me isn't technical, it's getting the word out there. I'm antisocial.

If I solved that problem, and the hardware took off, what you suggested is exactly what would happen. The developer doesn't get paid for the software and doesn't get any kickbacks from 3rd party hardware manufacturers. Consumers choose the cheapest option and so the creators suffer to the benefit of the manufacturers.

It's not hypothetical. It happened to MakerBot. It's happening now to Prusa. There are tons of dead kickstarter and crowdsupply projects because aftet people have the hardware, there's little incentive for them to keep paying for software maintenance.

The only counteracting forces I've seen are:

1. Change the hardware license to be non-commercial

2. Try to guilt consumers into buying from the developer or authorized resellers or something

3. Bake the softwsre cost into the product and only sell one batch

The first has some potential is IP laws can be enforced internationally and at a cost the developer can afford.

The second is relying on people choosing agains what is in their best (financial) interest. Now, if everyone had their needs met and had disposable income to spare, this might work, but it's hard to put that hypothesis to the test.

The third is the popular route for both open and closed source products. This is why support windows are just a few years. It's why the kickstarter projects are a flash in the pan. It's why we need to keep buying new products every few years instead of just uograding our existing ones. It's what capitalism does: produces more. The new stuff is not necessarially better, just more.

This is the nub of the difference between product and service

Hardware clearly falls into the former, and initially so did software. However the last 10+ years have seen commercial software move to a (solely) subscription model which provides recurring revenue and substantial profits

That model is becoming far more pervasive and extends to infrastructure (AWS, Azure etc), and now just wait for it to be extended into new areas like cars (eg: BMW doing subscriptions for remotely turning on seat warming feature in winter)

Where does product end and service begin?

As a consumer i like to buy product and if it’s good - or crucial for me - I’ll happily pay support. Xmind for mind mapping is a great example where i happily pay every year because i use it a lot and as a software developer i like to pay for good stuff 🙂

Support can provide a revenue stream as NVK noted, but that model is dependent on the need for support which tired back to criticality. Consumers don’t generally care too much - businesses certainly do.

Redhat (which IBM eventually acquired) built a hugely successful business providing value add services over open source .. but again .. software

Hardware is a tough one and I’ve never been involved in production but appreciate the skill and effort and the challenge of the pure product model

15 hours and 8 minutes left until the New Year nostr:note16tyf3gg8rzmfyqd6ch36cev80a29zemp6yl5jla0ns3xruj4vwds47jk4y