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UntappedGrowth
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Citadel Building

Talk to me about nostr:nprofile1qqsrc94lru5s3474vlh493yfu3dvm5t3y94hhhk2rja08xtyv3fds3c3pe9kq nostr:nprofile1qqsth7fr42fyvpjl3rzqclvm7cwves8l8l8lqedgevhlfnamvgyg78spz4mhxue69uhk2er9dchxummnw3ezumrpdejqzrthwden5te0dehhxtnvdakq9ft23f nostr:nprofile1qqsxvrvv0pj37uzg0mym3hwzs03feujkz6famga6y3knl57q3kahpqcpp4mhxue69uhkummn9ekx7mqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduajfp4g etc

Which are the furthest along and ready to start being used for our community? What are the pros and cons of the different options being built?

Phew. What a spring so far. Went from drought to wettest April in recorded history

Doubly worse for us as they did a pressure test on the dam below us the week before so all the ground water was full (so much so my ponds were bubbling up water from underneath) THEN we got all this rain and it had nowhere to go

There's a reason I'm building my own tribe and network of businesses so I don't have to be a part of that world ever again

Lol. Yeah, big corporations is definitely not a place it works. You have to have a pretty deep level of shared identity ("she is your mother and your job as my son is to protect and honor her" .. that doesn't work for a job.) and shared purposes / goals that are mutually understood / committed to

Lol. My dad used to always says "this family ain't a democracy!" And would say basically this.

"Communalism" only works well in very small dunbar levels where deep relationships and commitment to each other is already in place. Like the early church in the book of Acts giving their land and wealth to the church for the care of the local poor and families, breaking bread together, and "having everything in common"

Terrible for a city or state level government structure though. Even in the early church people died for lying and behaving dishonorably towards that level of relational intimacy / commitment (just as my dad would have beaten my ass if I didn't put my mom first in food or comfort / well being within our family unit)

๐ŸŽฏ

And where a share is some sort membership but in something that is basically permanently illiquid yet community held value to make it available to the tribe. Like a methodology of "stewarding the value of the commons" then people can vote with their feet by exiting if the trustees aren't making them happy. It makes community be non binary success or failure of all being happy or it ends

The idea of Tokenizing Fine Wine is clever. But it only makes sense in a world distorted by fiat money.

Platforms like Bacchus and VinoVest let people buy fractional shares of rare bottles as an alternative investment. The demand for this product is coming from people looking for new ways to protect or grow their wealth as the value of fiat erodes. This is the same force driving crypto speculation, meme stocks, the explosion of sports betting and the rise of the S&P 500. When saving doesnโ€™t work, you're forced further out on the risk curve.

Vintage wine is a great candidate for financialization. It is more scarce than Bitcoin. Once a vintage is gone, itโ€™s gone and unlike bitcoin, its consumable. The best bottles can increase in value for decades. But ultimately, wine is not forever. It peaks, then fades and the fleeting goal of collectors is to time the peak...by drinking it. The highest purpose of wine is to be opened and enjoyed. That purpose disappears when a bottle becomes a line item in your brokerage app.

Tokenizing wine solves problems that only exist in the fiat world. It is a way to turn enjoyment into speculation, but it kills wine's fundamental value prop. YOU DON'T GET TO TASTE YOUR FRACTION. No one is going to mail you a sip of wine. You just have to hope someone else wants it more later. That logic treats wine less like culture and more like collateral.

In a world where money works, where saving in Bitcoin preserves your time and energy, you donโ€™t need to chase exposure to an obscure asset class that you probably don't understand.. You donโ€™t need a token for everything. These platforms arenโ€™t bad ideas. They are just ideas for a broken system.

Fix the money, fix the incentives.

Make Wine Wine Again.

If you enjoyed this, I'd massively appreciate a reNost.

I'll have more like this coming.๐Ÿท

Agreed, tokenizing the monetary premium doesn't make sense

One of the few places it *does* make sense is illiquid community stewarded assets, like land used for large agriculture operations where there is a village of families living there that want the land to be managed and used in a way that is to their best interest but want to be able to float value between families as they come and go or need to scale up or down in holdings among each other

We do more real world volume in Bitcoin than basically anyone I know of, just more busy building than talking about it ๐Ÿ˜œ

They are cattle at my ranch :) Shadrach owns some cows in our herd through our herdshare program

That's an oldie but a goodie! It is wild how far we have come since then, we should do an update interview sometime!

Replying to Avatar PDJ

Below is a post from the founder of West Major, embodying what I imagine a founderโ€™s perspective might sound like in a thriving Bitcoin circular economy. I have preferences for quality and want to contribute to this effort, but letโ€™s all discuss what defines a Bitcoin-standard product worthy of sats. Understanding how we evaluate services and products helps us grasp the circular economyโ€™s preferences.

As a disclaimer, Iโ€™m an investor in West Major. I donโ€™t yet know the model for investing in Bitcoin companies within this ecosystem, but exploring it seems exciting and purposeful. And even though it seems lucrative if I can figure it out, I do not believe potential returns on investing in companies will outpace Bitcoin's returns. I just think it's an important thing to do. Bitcoin has afforded me the opportunity to pursue a lifestyle where I can take a risk like this and pick the biggest fight I can find to help Bitcoin and my own stack.

After working with the founder at West Major for two years and witnessing their quality and consistency without compromising values, I decided to invest.

I hypothesize that collectively setting quality standards in the Bitcoin circular economy allows us to quickly identify companies worth supporting. This is the secret sauce. If Bitcoiners approve and buy your products, it becomes a strong signal to prioritize the Bitcoin circular economy as a founder. I believe a standard from Bitcoiners is to hold some Bitcoin on a company's balance sheet and be receptive to accepting it as currency at some point.

I looked for funds that had this ethos in American Made physical products and didn't find any so Iโ€™ve decided to take it on.

Another reason I'm doing this is because I've seen how much money goes to Facebook, GOOGLE, YouTube, Twitter etc to run ads. It is difficult to make it in consumer packaged goods because the facebook pixel is outstanding at finding people that will just buy anything. This creates an advertising floor of spend to compete with inferior products. High quality low margin products have to spend here or not be seen at all. You almost have to play this game.

Almost.

I have a suspicion that Bitcoiners as customers will be critical of products and direct but kind with founders to maintain this bespoke quality bar for this ecosystem. I have a suspicion that great founders go out of their way to hear critical feedback so they can improve. I think this communication dynamic could only happen on NOSTR with engaged founders because they see the value. This is the flywheel that can keep great products out of the ad spend vortex that creates so many false positives on quality or product market fit for unsuspecting customers and founders.

The biggest risk to Bitcoin is the lack of a thriving circular economy in my opinion. The medium of exchange characteristic for money is one that Bitcoin is losing at right now and could lose in perpetuity without reaching a critical mass of customers and products. The biggest risk to the circular economy is founders not recognizing demand from Bitcoin customers and Bitcoiners not finding products worthy of sats.

Let's see if we are able to change the game.

And as always,

GFY

nostr:nevent1qvzqqqqqqypzq30ar92ltyx6slql6tkmn8gh4n8jxhkra0c2lcwnxp4dusnf83hfqythwumn8ghj7un9d3shjtnswf5k6ctv9ehx2ap0qqsyn47t6g9g50qdv0jwrfvll4fwaxsry7prdr6mwmpsjjfy5mamjugezx6dx

I'm curious if I'll be able to do the same when it comes to high end, nutrient dense dry aged beef too

๐ŸŽฏ exorbitant privilege but also exorbitant price of basically your death of production

I actually got a chance to talk about this in an agriculture interview the other day and even covered Bitcoin

https://workingcows.net/sound-moneys-role-in-fixing-americas-broken-rural-economies-wcp-416/

For testing this we can do whatever as far as volume, the guys building it just want some people on Nostr to trial it

For jerky you need lean right? I have some cull animals that are pretty lean in the freezer, what cuts work best?

Say you have customers but no money to buy meat to make jerky, Bitcredit is like business to business lay-away where you pay me once your product sells

The goal of it is to help small Bitcoin businesses have access to capital outside mainstream banking

That's enough to at least try it :)

With my beef I can retweet and share it which might help too

nostr:nprofile1qqsz42npvrt6t7lnh75leplg0lqgpa209zz6vcs88uexc974cr0d7lgpz4mhxue69uhk2er9dchxummnw3ezumrpdejqzrthwden5te0dehhxtnvdakq44ws8h

Replying to Avatar beejay

Homemade Small Batch Ground Meat Jerky with clean ingredients & low in sugar. 2-day shipping, free shipping on orders of $80+

๐Ÿ›’Get it at https://mailboxmeat.com & check out with Zap Satsโšกto receive a lightning invoice by email

Sweet BBQ ๐Ÿ–

Dill Pickle ๐Ÿฅ’

Curry Fire (med-hot) ๐ŸŒถ๏ธ

Pizza Style ๐Ÿ•

Bison ๐Ÿฆฌ

Black Pepper ๐Ÿง‚

Chicken Satay (med-hot) ๐Ÿ—

Ghost (HOT) ๐ŸŒถ๏ธ๐Ÿ‘ป

All others flavors made to order ๐Ÿฅฉ

๐Ÿ‘€

nevent1qqsfq0hd60fwna4kjh2qxnfzj2gelzzdzlgszm4fx03ph4jzky5rx5gppemhxue69uh5qmn0wvhxcmmvqgs2d0qm73kmvjynznwdknv9uxvcd6fe9f4ctu5ye88egdmtxpvr8dcrqsqqqqqpyzx4ye

Add to that letting me rank my follows 1-4 then we really have a true algorithm again but self made

1- follow but only show things my 3 ranked follows interact with

2- show me everything they post

3- show me everything they post and everything they interact with from my 1 ranked follows and above

4- show me everything they post and everything they interact with

This limits noise while also propogating signal where good accounts are more likely to be seen and propagated quickly