mmm need to learn more about Cashu... I saw below on #shopstr when setting up a new product @calvadev⚡️ and had to pause. When I see "Token to redeem" Bitcoin I am suspect and realize I don't really know what I'm receiving in when I sell on Shopstr. What are the advantages of Cashu over LN for eg? "Once sold, you will receive a message containing a Cashu token that you can redeem for Bitcoin." #plebchain #coffeechain #cashu #zaps #lightning network

Might be the most insightful clip... #bitcoin

Only just seeing this Nostr market place. Seems like what I'm after.

Shopstr

Shop freely.

#shopstr #marketplace #plebchain #coffeechain #ecommerce

Is there pleb owned butchery out there called 'Proof of Steak'? Or is this too close to Eth shitcoinery to be attempted? #plebchain #coffeechain #pleb #bitcoin

OK here is a brief version of a convo I had a few days ago with a friend about #Bitcoin vs Residential property investment. I was asking him about ROI and such on property investment. He's a property investor and construction guy so he's well versed. This is in Australasia to be broad about location but think it applies elsewhere also. Bitcoiner: Last time we spoke you mentioned a 50% ROI on property investment as what you were aiming for. How long before you could realize this you think? Is 5 years fair? Property Guy: Average property increase is 5-6% p/annum however being able to borrow so much against property means on average you get a 5% or 50,000 ROI on a $,1000,000 house with a $200,000 investment. Bitcoiner: Ah so 50% gain on initial investment might take 2 years with this setup? Property Guy: Yeah but haven't factored in expenses yet. Rent on $1,000,000 property would likely not cover interest payments on a mortgage of $800,000. Then factor in insurance, local govt rates (ie taxes), insurance, property management maintenance etc. Bitcoiner: I was wondering about costs. How much is left after all those expenses after say one year timeframe? Property Guy: None. With an 80% mortgage you would likely have to add more of your own money to cover all the expenses on top of rent. It is only when your equity % is higher that it becomes cash flow positive. Bitcoiner: So how long to get enough equity to become cash positive? Property guy: Hard to say. Lotsa variables. Maybe 7-10 years. By then you will be reducing your loan amount (interest payable) and rents would be expected to have gone up. Its a slow process generally and making money in the short term relies on getting a bargain initially, development or catching a boom. Bitcoiner: Bro the property game sucks. Property guy: You looking to get in? Bitcoiner: No just wanted to understand the property investment ROI and timeframes better. You realise Bitcoin over the same period of 7 years has gone from $628 USD p/BTC to $70,000 USD p/BTC and the cost to hold it would be only a couple hundred dollars that entire time? Property Guy: Shit that's a lot but I don't get Bitcoin just gonna stick to what I know. #nostr #plebchain #coffeechain #whybtc

Enjoying the kind of based/privacy related content https://www.youtube.com/@getbasedtv

Is it important that Blackrock disclose its wallets in order to see how much BTC they really hold? Not divulging this could help them obscure any corruption or papering over of #bitcoin. #asknostr

I'm working on a presentation called 'Why Bitcoin?" for Non Bitcoiners and I have a draft I'd be happy to have critiqued with respect to the logic I'm using in it. Would anyone like to provide some constructive criticism? Its very much a draft but the general jist of what I want to say is there. It's not aimed at Bitcoiners but instead people who haven't yet bought BTC and perhaps don't understand the investment reason why to get some. It's below if you'd like to help. I will share the presentation after I get some critique as well in case its useful to orange pill. I think towards the end I feel like I get a little unsure of what I'm saying and not sure its good or not. Like the part where I compare vs other investments. NB: I'm taking the stance and framework of ROI and investment because non Bitcoiners think this way and not the sovereignty angle just yet. Although I think that's valid and great I am trying to Orange Pill in baby steps and feel like that will lose a beginner audience so I'm not framing it like that although its certainly part of the appeal of Bitcoin. Here we go..... https://docs.google.com/document/d/1IDFrbCu208G-AmPpOh3T-obu6vpfRkfgGTXJAVlX6sw/edit?usp=sharing I'll probs post on Highlighter or something as an article also and delete from Google Docs. #asknostr #plebchain #coffeechain