Damus
Karnage profile picture
Karnage
@karnage
No amount of bitcoin banking is going to help if you can’t pay your rent / mortgage / bills and buy food with bitcoin.

Sure, you can use gift card for small stuff but it’s still an inconvenience.

You need people to start accepting bitcoin at the base level of living or forever risk being cut off from society.

It’s a good idea to start accepting bitcoin if you run a business, rent out property or sell any type of necessity.
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Psimon · 110w
I am looking into developing a property to rent. Perhaps I should (some way off yet) accept bitcoin.
inpc · 110w
I've included an address on every invoice since 2018. Still yet to receive a payment in that format. Closest has been Zaps here.
RealTD · 110w
Well said. I offer an appartment to rent and accept BTC as first with 5% discount. Easy.
BTCPhoto · 110w
There are services to pay bills with bitcoin
StellarStoic · 110w
The problem is that businesses can't pay taxes with Bitcoin. It's another hurdle in the tax paperwork, where you need to separate these two and calculate the value of Bitcoin in local currency at the time you accepted it. It's a mess, and I think the right approach is to accept it just as a currency...
₿harat · 110w
Spot on.
The Fertile Crescent · 110w
I don’t see it as me being cut off from society but as me cutting society off :p
UNLICENSED MONEY TRANSMITTER · 110w
as long as btc is traded for cash, and cash isn't outlawed, you're ok sure, hyperbtc is the best outcome but it's not mandatory for bitcoin to hold at least some significant market cap long term
Dan_Wedge · 110w
I have it in my rental agreement they can pay with Bitcoin
Filou · 110w
I would go a step further and say every bitcoiner should start a business (offer a good or service) and accept only Bitcoin for that. And also seek other others who do the same and whenever possible buy goods and services only in Bitcoin
tuco · 110w
tip the merchants and give discounts to the customers, #skinInTheGame
btconboard #LNHANCE or #CTV · 110w
Fold ACH payment are a decent way for plebs to get around this issue for themselves
TheBitcoinManual · 110w
I accept Bitcoin in my business i even offer 20% discounts I've had 3 takers so far, they are few and far between but we do what we can
🍊💊⚡️🌽 · 110w
More powerful, Karnage, is #Bitcoin used as a treasury for your business. Simply holding #Bitcoin on your balance sheets (pick your fancy on % allocation) can exponentially de-risk your business……… Your greatest danger is your business going under for not having #Bitcoin on its books then...