We consistently convert fiat to bitcoin. We receive dirty euro and make sure we have as little as possible on our (unfortunately) necessary business bank account. When we hit “the bulls will wait at 108” we were extra ready to deplete the fiat business accounts to zero 😂 image
If you spend bitcoin for stock of @COLDCARD @Foundation @SeedSigner @BitBox etc and people paid that bitcoin. But also some people buy these devices with fiat, which is directly converted into bitcoin. But after taxes and stock capacity holding you are nett losing bitcoin. Are you doing something positive for bitcoin? Some say you should take a fiat loan, because running it on bitcoin doesn’t make sense. But we’re using bitcoin fully, so what is better?
We run both knots and core We run “economic” nodes We support both sides of the debate We run a DATUM server where we create our own templates with bitcoin core Bitcoin will get even stronger once libbitcoin fully releases image
Our shop (with multiple orders per day) is categorized on popularity. In the self custody category the most popular items are mostly backup related. The most obscure one, our seedsafe, on the last page with only celestial bodies, is the most obscure. Nobody knows what the heck that is. And cameras can’t scan the thing. Extreme Cypherpunk 😂 It’s all trade offs. Seedfan, easy to engrave easy to scan the seedqr Tiny seed, obscure but scannable, most use it in multisig Seedsafe, obscure and difficult to translate, no camera can scan te seed at once Seedhammer backup plates for the pro multisig heroes But off course our most sold product remains the thick seedpaper with the seal bags. Because why would you put a 3/5 on steel if you can just write them down and throw them in a sealbag. (Most still prefer steel)
We sent 15 portals @TwentyTwo Devices to el Salvador. Now we receive an additional customs and export brokerage fee of €93,76…. While we already paid €90,29 for the shipping. We made sure we would be paying for the fees, but shipping anywhere on the planet is becoming more cumbersome and costly by the day…