CariBouFarms on Nostr: Our Bitcoin strategy is simple: Keep expenses lower than our revenue, save the excess ...
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
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