10 sats \ 1 reply \ @SpaceHodler 12 Aug 2023 \ parent \ on: A few things I am bullish on bitcoin
But it may not work so well for businesses with high operating costs. E.g. if you're running a restaurant, especially a budget one, most of your proceeds may go towards paying the bills. The only part that can take a haircut is the salary you pay yourself and your employees (if they're bitcoiners too).
Yes, the idea really only works in service businesses or high margin businesses.
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