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21 sats \ 1 reply \ @grayruby 13 Jul 2023 \ parent \ on: Does anyone do something hands-on / physical for a living? meta
I hear what you are saying. I am also fascinated by the idea of leveraging a bitcoin discount as a competitive advantage. If we both have landscaping businesses and both charge $100 but I say I will do it for $85 in Bitcoin can I win more business than you?
Say I have a 30-40% profit margin on a $100 service. I still cover all my costs easily, make less profit but thus pay less taxes, and hopefully pick up more business because I am less expensive.
I don't think we are at that point yet, as many are still skeptical of bitcoin, but I think this will work in the not too distant future.
Do what makes the most economic sense for your business, and test it against the market. The market is indeed magical and will let you know if your idea is a good or bad idea.
I do agree this is still a fiat world. At least for my business, I must accept fiat to survive. But I also foresee, or at least I hope, in the not too distant future I can refuse to accept fiat and run my business accepting bitcoin only.
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