lol my sponsorship deals are all in btc at a locked in fiat price so that I get the exact same number of sats each week / month. One of my sponsors zaps me daily. Pretty cool right. Whats not so cool is that I am now very very below the agreed fiat price. I’m earning 25% to 30% less this month. And I need to pay editors this week. I am really not a genius 🤣
Tough but bullish 🐶🐾🫡
Wait til next month Joe! By the end of next year, you'll own them!
I will hold you to this!!
The highs and lows of Bitcoin!! ⚡️🧡
I’ve got a massive amount of respect for you given you really do practice what you preach. Keep holding on, this volatility isn’t ideal, but it too shall pass.
I think that is quite clevet long term but you can be sure they will happily pay when BTC is down but they will complain immediatly if BTC double in price (or more), so yeah, unless your contract is rock solid and they are "forced" to pay the sats price for at least a year (or more).
They’re for a year :)
There's always this risk, with #Bitcoin, but you have balls of steel, mate 🫡
If you had agreed fxd btc rates with your editors then it wouldn’t matter… Could you switch to that?
I tried but they’re 1) relatively new to btc 2) clearly far smarter than me
Lol riding the vol is for the brave or those with loads of breathing room to stomach the vol
I think it deserves a video ;) make some content out of it
“How to run a crap business on a bitcoin standard”?
“My experience running a Bitcoin business.” - A periodical review of your journey. Always try to spin in positively and with humour ( you do this very well) but acknowledging the drawbacks, shedding light on the user perspective open to feedback and hoping to grow awareness and for people following your footsteps. Linus tech tips made a water cooling project at his home and the project leaked and now he made a video on the leak. Any content is good content is not necessarily true but directionally correct xD
I love it but My only worry is that where I live the tax man is super dodgy. No matter how hard you try you cannot get your taxes actually correct. Sounds weird but I’ve been to so many lawyers about this. And so me explaining this publicly also puts a target on me. If I lived in Switzerland this might make more sense.
Completely understandable. We don’t need all the details. Maybe a more broader view. That is also a topic to talk about. Genuine difficulty in handling taxes in most countries. I have thought on supporting placing a POS for some business of a familiar of mine but then thinking how do they do taxes with money they get from Bitcoin or lightning payments just stops me from going ahead with it
make your content deals in the bear market
Wanna sponsor me, anon?