Damus
Oshi (ๆŽจใ—) · 50w
nostr:npub1q8gth72n0mcl6rwls905rsvfvuu0dgaq7cq028rc9d7c3ygnp4xq84awvk get these guys set up! I use btcpay and love it so far
Filou profile picture
I already shilled them btcpay ๐Ÿ˜†

@Holly Lane Chocolate canโ€™t help with tax stuff but feel free to dm if you need some tips or help getting set up accepting Bitcoin directly!

Re cash flow: since it looks like youโ€™d be accepting both usd and Bitcoin my advice would be to hold any Bitcoin earned from sales in sats as reserve. Any sales made in usd can be used to pay bills, suppliers, etc.

Personally I would stay away from Coinbase commerce. I understand the convenience factor, but you lose custody of any Bitcoin collected and also lose a hefty percentage in fees to their platform. No different than dealing with a credit card processor.
3โค๏ธ2๐Ÿค™1
Meyer · 50w
Doesnโ€™t nostr:nprofile1qqsv8fus0eeygg3k4mzlv9y5j9x5jka6pzvyfgkcyrug38hmutnfd5spzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqg5waehxw309aex2mrp0yhxgctdw4eju6t0ae4uvy help with this sort of stuff?
Meyer · 50w
Coinbase is literally an enemy of bitcoin. No bitcoiner should ever recommend any service they provide. World would be a better place if the company disappeared off the face of earth
Holly Lane Chocolate · 50w
Thanks! Unfortunately we donโ€™t have the luxury of holding any currency type in reserve yet ๐Ÿ˜… Everything coming in goes right back out to expenses to stay afloat (obligations for equipment, rent, suppliers, investors, loans). But will definitely reach out in future if we have questions about set...