22 sats \ 2 replies \ @DiracDelta OP 2 Sep 2023 \ parent \ on: Why are there so few bitcoiner e-commerce businesses??? bitcoin
Actually, bitcoin is highly liquid and can easily be converted into dollars for payment. There are specialized companies all over the world that offer these services, often with fees that are a fraction of a percent! If you get paid in dollars, you then have to convert your profits into bitcoin, yet bitcoiners still accept dollars in most of their businesses.
Moreover, a non-bitcoin-product business taking bitcoin will see a tiny fraction of their revenue as bitcoin so begone with your FUD.
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0 sats \ 1 reply \ @nullcount 3 Sep 2023
So your pitch to businesses is:
  • BTC will be a tiny fraction of your revenues
  • converting to dollars incurs fees
Business people are trying to invest small to get big growth. This pitch seems to them like a big investment for tiny growth.
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0 sats \ 0 replies \ @DiracDelta OP 3 Sep 2023
Actually, accepting bitcoin requires an extremely small investment of time/money because of how easy it is run what is called a bitcoin "node".
You clearly have never heard the phrase Buy American or understand what that means. 😂
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