If you had to start a small business with 1M or Fiat equivalent, what would it be?
(I am aware that the hurdle rate could be btc’s CAGR, this could be something you think has got great growth potential, something you’d just love to do or uniquely skilled at)
pull down to refresh
21 sats \ 1 reply \ @grayruby 4 Dec
Start a service business based on whatever skill set you have. Low overhead. Pay your expenses in fiat and sweep the rest into Bitcoin.
reply
62 sats \ 0 replies \ @DarthCoin 4 Dec
I will go even further:
- pay the expenses exclusively in BTC
- pay employees exclusively in BTC
- make the prices of tour products/services in sats exclusively
- start a bitcoin circular economy not just rely on it...
reply
0 sats \ 0 replies \ @AG 4 Dec
Let's talk business in the ~AGORA :)
reply
0 sats \ 0 replies \ @DarthCoin 4 Dec
fiat equivalent is meaningless.
2ndly you do not start a business based on "fiat equivalent".
The best explanation is this:
aka... you do not start a business with your sats, but with the desire of others to spend their sats.
reply