Our Bitcoin strategy is simple:

Keep expenses lower than our revenue, save the excess in sats

Accept sats as a method of payment

Use a non custodial Lightning wallet as our chequing account

Use a hardware wallet as our savings account to store 2 months worth of farm expenses in sats 

Secure our farm treasury using a multisig vault with geographically distributed keys and a protocol that requires 3 days and multiple parties to broadcast a spend transaction

Borrow fiat by using a small portion of our treasury as collateral

—

When it comes to collateralized loans, we have high lender standards and strict due diligence practices

We only work with lenders who:

Do not rehypothecate funds

Offer transparent on chain UTXO monitoring

Offer loan rollover and flexible repayment

Deposit fiat via wire transfer directly to our bank account 

Offer insurance on bitcoin deposits

—

21st century farming on a #bitcoin standard leverages the power of pristine digital collateral

We are long bitcoin and short fiat

We don’t trade bitcoin

We are responsible with our lending and don’t borrow more than we need

We aim to never sell our sats

#nostr #bitcoin #farm #farmer #health #shortfiat #food #soil #health 
https://m.primal.net/LCqh.jpg 

  https://image.nostr.build/cc7560988475bdd1340b34e0965ee910ca684163bf516efc5983b1cf3f4adf9e.jpg  

 Based. 

 Well you gained a new follower!

This is a great post. Thank you for sharing. 

I'd love to have you on the show sometime to discuss this! Shoot me a DM or email 88sats@proton.me if you'd be interested! 

🫡 

 This is the clarity and simplicity we need around Bitcoin. 

Excellent post. Hope it makes the rounds in farming circles. 

 Zapped you a penny to add to the hoard 

 Sounds like a good future ahead for Cairibou Farms! 

 👊🏽 

 first page of satoshis white paper says digital cash. how do you fund "digital gold" if you never use it and don't support the miners  

 We use it regularly as a form of digital cash by accepting it as a medium of exchange and regularly consolidating UTXOs onchain which pays fees to miners. Bitcoin is far more than digital gold. It’s programmable, perfect money. That makes it the ultimate store of value. Everyone will use the tool in their own way based on their needs. We use it for all 3 functions of money - store of value, medium of exchange and unit of account 

 based

nostr:note1gqluqgtshcvl30whpfswxdg05teqcng8wr0aaxpwdkz5d76udlys6syy75