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I have my LLC, resale license, website, and a solid business idea.

Due to the nature of my idea/products, I have to purchase quite a lot of inventory. To keep things vague, I need around 6-8 kits, each with 6-8 products. My wholesale MOQ is around 20-50 per item. So 720-3,200 items to get started.

If I purchase MOQ 20 for some items, my initial costs are going to be around $20k. Plus packaging, which will be around $5k (I need beautiful, custom packaging – very important for my business model).

How do I take the plunge of committing to a $25k upfront cost when I have no idea if my idea will sell?

I think I have a solid plan, decent marketing ideas (but again, another cost), and my Shopify website is solid.

I have the cash, so I’m not working with an investor. But damn, still a big risk…

I work at a non-tier 1 firm as a qr. My background is given in this previous post

My hope is to someday get attention from a tier-1 firm for a QR type of job and for that, I am trying to make money for the current firm hoping that this will add value. There have been two camps.

One says that if you end up making money consistently (making money is subjective … I was never told what kind of numbers qualify to be termed as “made money”), then tier-1 firms will look at you and maybe give you a chance. So the hypothesis here is track record as a qr, be it a non-tier-1 firm will add a lot of value in case I made money for them.

Second says that they are looking for raw intelligence. They do not look at 30+ year olds even with all the necessary qualifications. They don’t care at all for any work experience or if I made money for some firm or not. What they want is a Nash type of guy who can walk in and solve all their problems quickly.

I’d love to hear your opinion about this matter.

# Hey everyone,

I think it’s a good idea to have a separate discussion for the datasets and benchmarks track, feel free to share your scores or any other relevant feedback.

Let’s keep things constructive and supportive. Good luck to all!

In the world of cryptocurrency, BTCPay Server stands tall, serving as a vital project that embodies the essence of Bitcoin’s decentralization and freedom. Its creation stems from a community-driven initiative seeking to enhance financial autonomy by providing a free and open-source Bitcoin payment processor.

The story of BTCPay Server is one of resilience and inspiration. It all began with Nicolas Dorier, a key figure in Bitcoin development, who set out to solve a pressing problem. The need for a decentralized payment system became evident when traditional payment processors posed limitations on cryptocurrency transactions. With a determination to create a fairer financial ecosystem, Dorier embarked on a journey to develop BTCPay Server as a response.

BTCPay Server is more than just a payment processor; it’s a movement. It allows businesses to accept transactions directly without involving intermediaries, thus reducing fees and enhancing privacy. This is a game-changer for many small businesses and entrepreneurs who can now manage their finances independently, without the constraints of centralized entities.

The beauty of BTCPay Server lies in its open-source nature. Being open-source means anyone can contribute to its development, ensuring that it remains secure, up-to-date, and democratic in nature. The vibrant community surrounding BTCPay Server is testament to its transparency and the shared vision of financial decentralization.

Moreover, BTCPay Server empowers users by offering a wide array of features. Its integration capabilities are vast, supporting not just Bitcoin but various other cryptocurrencies. It can be easily integrated into existing platforms, making it accessible for businesses of all sizes. User-friendly documentation and supportive forums make it possible for even the non-technically inclined to set up and run the server with ease.

The importance of such projects cannot be overstated. In a world where data privacy and financial freedom are becoming more critical, BTCPay Server serves as a beacon of hope and empowerment. It illustrates the potential of Bitcoin’s underlying philosophy: that financial self-sovereignty and transparency are achievable.

Whether you are an entrepreneur, a small business owner, or simply a cryptocurrency enthusiast, BTCPay Server offers a powerful toolset for embracing the future of finance. By embracing BTCPay Server, you aren’t just adopting a payment system; you are joining a community and furthering a cause that believes in the potential of decentralized financial solutions for everyone.

In closing, the rise of BTCPay Server is a reminder of what collective passion and ideas can achieve. It is proof that with the right tools and a dedicated community, the vision of decentralized finance can remain vibrant and accessible. So, as the world continues to explore the landscape of cryptocurrencies, BTCPay Server will undoubtedly remain a cornerstone of this transformative era.

From manipulating markets in India to unleashing SBF on the world (he obviously learned something from them), why is Jane Street not looked at as a bottom rung hack shop? When I see them do interviews they act very high and mighty, when by all accounts they just nickel and dime people on a large scale and are doing so in illegal ways.

I’ve been thinking about how the web used to be this chaotic but exciting place where you explored forums, blogs, weird little sites… and now, everything seems to funnel through a few controlled pipes: YouTube recommends, Reddit front page, TikTok FYP, Google top 3 links.

It’s efficient, but it also feels like it’s training us to wait for content instead of seeking it. I miss getting *lost* online.

Anyone else feel like the internet is starting to feel more like a curated feed than a rabbit hole? Is there any chance we course-correct from this?

I should begin by disclosing that I have a very respectful position of ETH and BTH and started stacking ETH at around $2,200. I’ve always been a momentum investor and right now, after doing a decent dive of due diligence I’m confident that both BTC and ETC are going to make some exceptional gains.

Yeah, the tech is cool but if you step back for a few minutes you might be able to see just how dangerous it is for our personal freedoms. ETH more so than BTC. Over the past six months an unprecedented amount of our personal data that has always been segmented into individual silos has been correlated into single and very broad reaching individual dossiers. I’m talking everything, biometrics, spending, online conduct including social media, employment, voting, civil conduct… I’m talking absolutely EVERYTHING. The uprising of the “Tech Bros” is a very real thing. For those that aren’t aware I’d invite you to do some research on Peter Thiel and Palantir. This is the company whose stock shot up from $12 to $145 in just months. All because they are doing, under Federal contracts, exactly what I’ve described.

Now not only are we about to surrender our money to the “Tech Bros” they have an extremely friendly government behind them. I’ve made my entire career based on Tech from the age of 17 and my philosophy has always been “what‘s next” and I’ve made a very successful career doing that, mostly hooking up with specific management teams doing start-ups And what I’m absolutely 100% confident about is that these technologies will indeed replace our fiat currency. Especially ETH and stablecoins. BTW, I’m buying as much as I possibly can and I know that you’ve watched the insane amount of corporate and institutional inflows, well, that’s for a reason. How many of you have read The Genius Act? That is some scary legislation. In summary, what we‘re doing is handing over the reins to these companies while saying out loud, “Nah, we don’t need to not just Monitor you but we won’t protect the consumer at all. You’re free to do what ever you wish for the next 10 years.

I know that many will disagree but I see this as one of the most dangerous events/periods in America’s history with regards to our personal freedoms. I’m very open to hearing your opinions.

# “What if AI gets so smart that the President of the United States cannot do better than following ChatGPT-7’s recommendation, but can’t really understand it either? What if I can’t make a better decision about how to run OpenAI and just say, ‘You know what, ChatGPT-7, you’re in charge. Good luck.”

https://preview.redd.it/3adt203tawef1.png?width=1600&format=png&auto=webp&s=3e5e8c4d0b13b7287d7a1b9ca57368a9b0cd787d