I’m thinking of adding Bitcoin and Lightning payments to my business. I help governments and private investors in small islands with macro economic investment analysis and simulations and scenario building.

Most of these islands are tourism based. So hospitality is the main sector.

As my business is online, by adding bitcoin and lightning payments I can broaden my audience and tap into the 540 billion dollars bitcoin ecosystem.

Systems and processes

Wordpress

Non custodial. I got my umbrel raspberry pi 4 (test node).

Learning about self custody is important.

I got lnbits on it running. And plan to learn more about it.

Will try to automate everything with programming.

Will add language models like chat gpt that use wallets to do stuff. This helps you with creative posts on Linkedin, Facebook, Youtube. Content creation for your sales messaging and sales channels. I have seen this helps you increase your productivity enormously. Things that took weeks now takes minutes. But this is not for everyone. You need to be able to use these tools. Or you can hire professionals remotely to help you with this.

I believe that AI plus bitcoin plus python programming can help businesses grow fast. It is the new world. We got a lot of unstructured data out there that can be used about clients, products, services, sentiments.

Also VR when it is linked to it. You will be able to pay bitcoin and sats in VR.

I still use fiat. Because if people want to pay me in dirty fiat I take it and convert it to hard money.

In future if the bitcoin business grows I might say if you pay in fiat it is 20% more so people would pay in bitcoin. But right now the current clients only have fiat. So would shoot myself in the leg if I didn’t accept it.

I would recommend using open source, umbrel, wordpress. I would recommend focus on learning. Setting up test systems on cheap umbrel nodes with raspberry pi and creating a learning environtment for your team and thinking remote. Your team should be able to work remote.

What hospitality business are you in? Is that a hotel, restaurant, car rental, dive shop, real estate?

If you are on an island that would be great. I believe islands have huge opportunities with this bitcoin wave! Because they can now attract a lot of new visitors.