SuiGenerisJohn
· 2w
Excellent. I’ve got to figure out a way to exclusively practice law for bit coiners. I cannot for the life of me get people to pay in bitcoin, we’ve got the accounting pretty much worked out but...
I have found that simply buying the bitcoin equivalent of your estimated profits is a very nice play. Maintain fiat cashflows for expenses, save cash at River, buy when BTC drops 50%, not selling to cover fiat expenses.
I also use Square for the retail side, which gives me capital loans that can be paid off as a percentage of daily sales. So I take the Square loan on the dump, buy bitcoin lump sum, pay off the fiat loan with daily sales.
I accept bitcoin but only a couple hard core people spend it. At the farmers market I have like 5 seconds to convince you my spinach is better than a brownie so bitcoin rarely has time to come up.
I always thought consulting divorce firms on bitcoin best practices ( don't email the keys ) was a niche.