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42 sats \ 0 replies \ @TheBTCManual 21 May \ on: Property management built on Bitcoin bitcoin
We need people like you to showcase the blueprint and show that it can work, it's going to be interesting so see how it progresses with time, and how you balance the volatility of running a business and the perceived volatility of Bitcoin.
I am particularly interested in your settlement agreements, since you have conviction you're willing to "take the knock" upfront, I think most businesses will have to do it, to entice the customer to convert, be that a upfront discount, rebate, or even reduced rates because you're saving on banking and all those other fees, i think theres margin to play with for different businesses.
I also think this method also becomes more popular (for those not fully sold on Bitcoin but want the benefits) if there are financial services for businesses to access liquidity without selling their bitcoin and creating taxable events.
If you have fiat liablities now, you always have to balance that, but if you could borrow and service the cost you can tap into fiat anytime to settle those unexpected expenses or when cash flow is tight.