0 sats \ 8 replies \ @swmtr 28 Dec 2022 \ parent \ on: What prevents you from using BTC/LN for your business? bitcoin
Obviously, you are not running a larger business which accepts payments.
Of course, everything can be done if there is enough will, but the question is a good one.
I am the business... and I accept only BTC. For many years I am paid only in BTC.
I stopped using bank accounts back in 2018.
We are not the same...
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My point exactly. YOU are the business and accept ONLY bitcoin.
More power to you, but normal business cannot integrate it so easily (i do not mean technical integration, more logistics what happens after and wether it even make sense in terms of ROI).
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LOL ROI... you NGMI
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You r funny. Perhaps you should write a detailed guide on your business internals, so those of us who are ngmi and have valid concerns can have a chance:).
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Is fucking simple: treat all bitcoins you get as "cash". That's all.
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Not sure, where u live, but that makes unfortunately little sense unless it is a legal tender.
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Do you really know the meaning of "legal tender"? Seems you don't. So go grab a book and read,
You cannot force a retailer to accept legal tender or indeed any other form of tender.
If, however, you buy something from them and there is no contractual barrier to the use of any form of tender, and you offer legal tender in payment, and they refuse it, then they cannot enforce the debt in court.
That's what legal tender means: IT'S ABOUT DISCHARGING DEBTS.
If you incur a debt you can discharge it with legal tender, but you cannot be forced to incur the debt in the first place, if you see what I mean.
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You don't have to force a retailer to accept anything, but then if the retailer accept something (whatever it may be - bananas) this retailer has some obligation towards the business registration area. For examplpe, as much as you might hate it, the retailer must pay taxes - which are hardly going to be paid in bananas. Unless bananas are considered a legal tender.