Profile

User's avatar
npub10n40...dpe5
npub10n40...dpe5
@Jeff Booth As a small company that saves in BTC and serves large enterprise with SAAS: Payment (as opposed to receipts) in BTC is currently not of interest to large enterprise. Yes, there are benefits (cutting out middle men) - but these are negligible vs costs of internal administration. Do you have views about enabling the enterprise circular economy e.g Pick'npay or Steak 'n Shake accepting BTC then passing on to small suppliers ? It seems if 'hacked' it would massively accelerate adoption amongst margin sensitve suppliers. It requires pump-priming a double-sided network vs incumbents - but how?
KYC is a permissioning system! This is why KYC/AML must ultimately fail (ie be eradicated) for BTC to serve the unbanked. KYC / AML is an evil in exactly the same way that freedom of speech isn't ! However KYC cannot prevent p2p transactions (they remain permissionless given decentralisation) With this in mind - name something / anything more useless than a private blockchain. I'll wait!
One of the amazing things about bitcoin is that : Once a mid-wit like me has worked out that #BTC makes for a better world, that same midwit understands more than all of Wall Street about money. The beauty of this is that as Wall Street works ever harder to collect ever less meaningful paper we acquire for an under-appreciated, ever strengthening, ever more widely accepted call on all future goods and services. By implication simply understanding what money is makes the world a better place. Skate to where the puck is headed in 2025 Stack sats (ohhh and try to be ever so humble - yup its getting harder ) h/t @ODELL