Gigi @Gigi - 3mo
BitcoinBrabant @BitcoinBrabant - 3mo
A physical bitcoin business basically doesn’t make bitcoin but supports bitcoin and bitcoiners by using it. The opportunity cost in general is higher. Let’s take our nodes that we’re setting up as an example. We import the devices, takes a couple of weeks, we install the software and repackage etc. Over that month and high number of imports we pay 0.1 btc. In the meanwhile bitcoin jumps, now we can only sell the devices for 0.08 in total over the course of the months where stock is slowly being sold. Of this 0.08 we have to give 0.02 to the state in tax. This is basically an ongoing story over the past years. Many tell us to just borrow fiat, but that just keeps the fiat system alive as we have a debt obligation… Financial chicanery might suffocate the state faster, while we support the state by continually losing bitcoin and paying taxes… As we would ask in Dutch English (Denglish) once again: “What is wisdom?”
