Gristle Crüe Call — Open Discussion

Open call today with no par­tic­u­lar agen­da. Was good to just check in with the Crüe. We talked about the MOBILE price, doing prop­er tax plan­ning (unlike the HNT fias­co many of us went through), and some cool options for blend­ing Heli­um & real estate. Rock ‘n roll!

Chat Tran­script:

How are you remote man­ag­ing your Hotspots?
20:03:04 From 619OTA : remote reboot a router ? kin­da hard cuz you lose con­nec­tion. but you can do Ping reboot. if you don’t have a con­nec­tion your router will reboot
20:04:13 From Travis Teague : this was a cool reboot project that mon­i­tors the API https://www.youtube.com/watch?v=XebwPa-PzwE
20:06:06 From Lee (Team Gris­tle King) : YAS!!
20:06:47 From Kevin Wei­de­mann : also — yeah — if you can, talk about IOT token

How often do you check your HNT earn­ings?
20:06:52 From Michael Corum : Week­ly
20:07:05 From Kevin Wei­de­mann : dai­ly for me
20:07:06 From 619OTA : dai­ly. im check­ing data usage. im up to like 200mb+ a day now
20:07:35 From Jay M. : I only check when I issue pay­ments to my hosts (twice month­ly)
20:07:41 From Kevin Wei­de­mann : i have a bunch of hosts that i man­age. it’s not real­ly worth it but i sort of just have to keep eyes on it
20:07:52 From 619OTA : curios­i­ty
20:07:55 From 619OTA : remote.it

What are you using out­side of Hotspot­ty?
20:08:51 From Kevin Wei­de­mann : I’m using Heli­umGeek app too
20:09:52 From Kevin Wei­de­mann : Patri­um is shut­ting down as of Sept 1

What should Hotspot­ty pro­vide next?
20:09:53 From Jay M. : sup­port for MOBILE is a neces­si­ty
20:10:47 From Kevin Wei­de­mann : indeed

Sort­ing out how much a 5G unit makes:
20:11:00 From 619OTA : you got an indoor and an out­door.. I can tell ya how much the indoor made
20:11:50 From Kevin Wei­de­mann : speak­ing of IoT, any­one know of the token drop tim­ing and mechan­ics?
20:13:54 From 619OTA : iot token drop ?
20:14:21 From Kevin Wei­de­mann : lol
20:14:37 From Jay M. : I thought iot was the Sep­tem­ber focus, but I can’t place where I heard that

Tax Talk

Gen­er­al thrust was to estab­lish a $MOBILE token val­ue by hold­ing a pub­lic auc­tion, so you have some­thing to base your tax­es on.
20:16:17 From Michael Corum : Even Blackspots on Ebay are down around $200
20:17:15 From Nik Hawks : $.008 (as a guess for MOBILE price), just for clar­i­ty.
20:20:20 From Lee (Team Gris­tle King) : It’s min­ing though Nik, and putting a val­ue on the min­ing on it. And prov­ing the val­ue through Russ’s sug­ges­tion.
20:20:45 From Lee (Team Gris­tle King) : Keep your min­ing prof­it low and long term val­ue high. Just so it’s in the notes.
20:20:56 From Jay M. : this is help­ful, thanks
20:21:02 From Lee (Team Gris­tle King) : Thank you Russ

20:24:36 From Michael Corum : I had to step away for a minute — did some­body bring up the bill in con­gress to make all these small trans­ac­tions non-taxable?

How often should we do tax talks?
20:31:27 From 619OTA : 1 per quar­ter
20:31:59 From 619OTA : #crue-tax
20:32:11 From Lee (Team Gris­tle King) : Yep
20:32:23 From Lee (Team Gris­tle King) : That would be great.
20:32:35 From Lee (Team Gris­tle King) : And make it sim­ple ?
20:32:45 From Eric Jonas : Be right back, I’m shop­ping for land in the Cay­man.
20:33:07 From Eric Jonas : s
20:33:17 From Jay M. : i like it
20:33:25 From Michael Corum : Lum­mis-Gilli­brand Respon­si­ble Finan­cial Inno­va­tion Act
20:33:26 From Eric Jonas : I like it.
20:33:29 From Kevin Wei­de­mann : sounds good
20:33:32 From Michael Corum : Has to clear 4 com­mit­tees
20:34:05 From Michael Corum : — Cryp­to trans­ac­tions below $200 would be exclud­ed from tax­a­tion
20:34:19 From Eric Jonas : Awesome

More tax talk
20:34:33 From Lee (Team Gris­tle King) : Russ, does S Corp pass through your per­son­al? Does that ques­tion make sense?
20:35:49 From Russ : C corp pays its own tax. Then when it dis­trib­utes div­i­dends to you you pay a dou­ble tax on the div­i­dend.
20:36:07 From Russ : C Corps are best for ben­e­fits.
20:36:42 From Lee (Team Gris­tle King) : @RUSS We have an S‑Corp
20:37:14 From Russ : S corp just pass­es the prof­it onto your per­son­al return no dou­ble tax
20:40:17 From Lee (Team Gris­tle King) : share­hold­ers dis­tri­b­u­tion
20:41:08 From Jay M. : i see you left the ‘no curs­ing’ post it at home
20:42:20 From Michael Corum : I do have a ques­tion about GeoD­Net
20:42:57 From James Mar­shall : any­one know if you are able to send data back to your IoT device? I only ever see data going out.
20:43:50 From Jay M. : has any­one used myDe­vices?
20:46:07 From Nik Hawks : I used myDe­vices ear­ly on.
20:47:02 From Jay M. : it has been a while since I’ve looked at them. but iirc the pric­ing you men­tion (a cou­ple bucks a month) seems in line with what they offer
20:49:10 From 619OTA : meh. real estate you got­ta deal with peo­ple. I just want my island
20:50:40 From 619OTA : i remem­ber hear­ing like a year ago in the good days. per­son had hotspots in all her airbn­b’s
20:52:36 From 619OTA : ya. incen­tives don’t mat­ter right now. i still got mine hooked up inside my house. plan­ning on installing off grid.
20:53:39 From 619OTA : i have mine set up on my desk
20:55:44 From Lee (Team Gris­tle King) : makes sense. You can always come down.

What are oth­er sen­sor dash­boards?
20:56:14 From Nik Hawks : ubidots
20:56:19 From Nik Hawks : cayenne myde­vices
20:56:29 From Nik Hawks : tago.io
20:56:34 From Nik Hawks : dat­a­cake
20:56:38 From Nik Hawks : tingkart
20:56:41 From Nik Hawks : uplinkengine
20:57:08 From Nik Hawks : aws & google cloud
20:59:07 From Jay M. : i enjoyed today’s call. it’s nice to occa­sion­al­ly have an open con­vo with no pre­sen­ta­tion.
20:59:11 From Jay M. : safe trav­els, team gris­tle.
20:59:20 From Nik Hawks : Right on, thanks Jay!
20:59:22 From Lee (Team Gris­tle King) : Thanks Jay!
21:00:08 From Nik Hawks : sensecap.seeed.cc?
21:00:25 From Lee (Team Gris­tle King) : thank you everyone!