We published a write-up on how we run parts of Alby’s own business finances on bitcoin using Alby Hub:
https://getalby.com/blog/manage-business-finances-bitcoin-alby-hub
The short version:
- income streams are separated with sub-wallets + Lightning addresses
- recurring and one-time payments, zaps, donations, and V4V payments don’t all land in one messy bucket
- expenses can be handled with app connections and custom budgets, instead of giving services unrestricted wallet access
- card spending can be topped up automatically within limits
- transactions are labeled as they happen, then exported for bookkeeping/accounting workflows like QuickBooks
This made me wonder: for people here who run businesses, side projects, stores, or services on bitcoin:
What is missing in a bitcoin wallet before it becomes genuinely useful for your business??
Some possibilities:
- accounting/tax tooling
- fiat conversion and reporting
- recurring payments
- vendor payments
- payroll
- multi-user permissions
- spending limits and approvals
- clean exports for bookkeepers
- something else entirely
Add compliance tools on AlbyHub next, will be useful!
A stable, and predictable (or predictably increasing) purchasing power
To solve The Paradox of Bitcoin Adoption. Probably along the lines discussed here.
You are wrong and mislead by your fiat mindset.
Bitcoin is everything.
Probably the collapse of civilization. I mean a determined vendor can already do it, but there are a lot of hoops to jump through as generally hostile governments won't voluntarily cede the power to steal from their populace via inflation. In short, it's better to stack than to focus too much on commerce.
That's how Alby became a fiat promoter....