1893 sats \ 1 reply \ @ealvar13 14 Sep 2023 \ on: Calling for merchants: please share your BTC onboarding story on SN bitcoin
type of shop your have (online or brick&mortar)
Online
type of commerce (retail, grocery, bar etc)
Software development (web dev, mobile apps, custom software)
how was the onboarding process
We’ve been working on helping businesses accept bitcoin payments for years, including offering “pay with bitcoin” option for all of our services. We also offer btc payments to our devs as an option.
It’s tough but rewarding! We are always looking at new tools for invoicing, accounting and bookkeeping as well as secure storage and business usage tools.
what tools / apps you used, in the beginning and later
Multi-sig Electrum wallets
Offline cold storage hardware wallets
BTCPay Server with pruned bitcoin node
LND nodes
how you improved your use of bitcoin apps
Casa.keys is great for industrial grade security advice
BTCPay server is the go-to for e-commerce
Electrum is a really good hot wallet for multi-sig accounts that multiple partners need access / authorization for.
how you consider bitcoin in your accounting (cash or "investment")
Uff it’s super painful from an accounting side in the USA. We consider it as both an investment (whatever we can save) and cash for paying the bills and developers.
We’ve worked on our bookkeeping process over many years and it’s really starting to get easier now.
anything you would like to share
Always consider security best practices: offline storage, hardware wallets and multisig. For payments consider lightning, especially for e-commerce. Make sure you promote your business to bitcoiners!
impressive.... (insert Darth Vader voice here)
Thanks for sharing!
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