P&L in base sats and book FX gains/losses every time something gets paid / I pay something.
You went into a lot of detail and I appreciate you being so open, so I have a few more questions to dig deeper. Do you keep fiat for necessary operations and record them at fair value in sats in that complicated spreadsheet of yours, or do you convert all fiat into sats to avoid having to deal with that accounting and keep your flow "pure"?
it hard to denominate longer term contracts in sats.
Dealing with clients who I assume aren't bitcoiners makes the contract itself feel like an investment to them; it's very complicated, and I'll keep that tip in mind in case I have to deal with it.
The main scenario
You went into a lot of detail and I appreciate you being so open, so I have a few more questions to dig deeper. Do you keep fiat for necessary operations and record them at fair value in sats in that complicated spreadsheet of yours, or do you convert all fiat into sats to avoid having to deal with that accounting and keep your flow "pure"?
Dealing with clients who I assume aren't bitcoiners makes the contract itself feel like an investment to them; it's very complicated, and I'll keep that tip in mind in case I have to deal with it.