Is this an attempt to capture bitcoin? Like an attempt to control and centralize the internet? Your thoughts? image
In Europe there is a lot of competition. As it should be. We’re very happy to see an ever growing choice of shops. If one fails the other ones will just pickup demand. We were the first with Bitaxes, now there are dozens if not over 100 shops that sell bitaxes. We were distributing all Dutch translated books, now you can find them in the average book shop and the biggest distributor of books is taking care of it. We were the first to start selling @FOUNDATIONdvcs and were asked by @SatsVault to take over his shop, as it was too much at that time. We are moving in waves, are not depending on anyone. Have 0 debt. And have no plan of ever selling the business. Sovereignty in self, what to sell, deletion of data is key. We keep on fighting with shippers to be able to ship anonymously, though we see some worrisome directions. On the positive side, data protection is starting to live more with the shippers as the first EU shipper has implemented 2FA if you have an account. We keep on shipping without account manually, without API’s, no data leakage. We hope to be able to persist. Competitors clearly focus more on a fluid user experience, with direct WhatsApp customer service, Shopify (that’s where the ledger hack happened FYI) use and many other details with regards to privacy that we do differently. It simply shows in the amount of anon mailadresses and postal boxes being used for orders. We start to see more opened packages by customs, especially to Spain. Curious what the next years are going to bring. We are prepared to just deliver hardware for self built signers and miners in case it becomes truly difficult.
We’re running out of sealbags. People across Europe are ordering sealbags like there is no tomorrow. Seal bags are used to safely secure your backup words / seed QR or signing device / hardware wallet. You can directly see the seal bag is secure and intact, and therefore you know for sure nobody is in possession of your backup or device. The smaller Seal Bag (130mm x 230mm) fits - Bitcoin Brabant Seedword & SeedQR paper - All signing devices without box or protection - All backup plates (seedfan, seedsafe & tinyseed) without box. The larger Seal Bag (260mm x 350mm) fits - @Foundation Passport with packaging - @COLDCARD Q with casing - @Blockstream Jade plus in box - Seedfan package in box image
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
Plebs tell us to post more often, so we can actually help plebs find us so they can learn to stack sats sovereignly. There. GM. 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…
What is the best setup to secure your bitcoin?