I recently gave my teenaged cousins 1000th of a bitcoin, 100,000 sats, on satscards. Their excitement when the tapped them with their phones and saw the balance on the web was extremely gratifying.
Zero knowledge of how to use bitcoin to suddenly accessing an address that only they control.
I imagine a time when all manufactured objects can have “sats inside.”
The application I am thinking about is embedding restricted sats into objects such that, at the end of the object’s useful life it will be taken to a material recovery specialist that can co-sign the embedded fedimint e-cash tokens and give a finder’s fee to the entity that brought the object in, and a recovery fee to the specialist.
This would possibly lead to greater re-use of already extracted metals and other materials. And “finders” would have an income in hard money, a reward for their work.
Embedded Value Research
Embodied Value Recovery
Etiam Vivere Restat
elephant
npub1f3…8t753
2023-08-31 03:41:05
Author Public Key
npub1f3446y5s2ae2ykgvazh25hmc274ndex8sg6axllkva0wz4a9wkzsg8t753Published at
2023-08-31 03:41:05Event JSON
{
"id": "f1092b2868f1e298d4028a262aecda098aa8ca0a1310e3a022cedb08e9c158d0",
"pubkey": "4c6b5d12905772a2590ce8aeaa5f7857ab36e4c78235d37ff6675ee157a57585",
"created_at": 1693453265,
"kind": 1,
"tags": [],
"content": "I recently gave my teenaged cousins 1000th of a bitcoin, 100,000 sats, on satscards. Their excitement when the tapped them with their phones and saw the balance on the web was extremely gratifying.\nZero knowledge of how to use bitcoin to suddenly accessing an address that only they control.\nI imagine a time when all manufactured objects can have “sats inside.” \nThe application I am thinking about is embedding restricted sats into objects such that, at the end of the object’s useful life it will be taken to a material recovery specialist that can co-sign the embedded fedimint e-cash tokens and give a finder’s fee to the entity that brought the object in, and a recovery fee to the specialist.\nThis would possibly lead to greater re-use of already extracted metals and other materials. And “finders” would have an income in hard money, a reward for their work.\nEmbedded Value Research\nEmbodied Value Recovery\nEtiam Vivere Restat",
"sig": "3349cf3f3816bbaa790deb7fb894294db0044b0633eb18edd2b11462a974ef9c98705ebebbf5623f243db9e386a14d2f99b4bf6b0b9db1dd3b5e3d1c2d45cefb"
}