pull down to refresh

10.5k sats \ 1 reply \ @criptopanas 10 Sep 2023 \ on: Calling for merchants: please share your BTC onboarding story on SN bitcoin
This my story when living in Brisbane in 2017:
  • type of shop your have : NONE
  • type of commerce : service provider. I had a domestic cleaning company
  • how was the onboarding process : At the end of the fiscal year, we sent a letter to our 40 clients telling then that we'll be accepting BTC as payment method and explaining what Bitcoin is, where to buy it, how to send it, etc. From the 40 clients, only 2 asked more questions about this new money. And at the end, only 1 client accepted to pay us with BTC. We were very lucky because it was our biggest client, so it was a great way to do DCA without KYC.
  • what tools / apps you used, in the beginning and later : At that moment I was using MyCelium wallet and the client was paying us directly from the exchange Cointree.
  • how you improved your use of bitcoin apps : Now days, if I need to send an invoice I'll be using Phoenix wallet over the Lightning Network. In 2017 I didn't know about it yet.
  • how you consider bitcoin in your accounting (cash or "investment") : In my mind all the BTC received were an investment; for tax authorities, they didn't know about it.
  • anything you would like to share: If you are a freelancer or own a small business you have a good opportunity to make your business special, just accept BTC as a payment method Not many people will pay you with BTC but the small % of payment received would make a difference for you over time.
Don't be shy to tell your clients you're a BITCOINER
write
preview
10 sats \ 0 replies \ @DarthCoin OP 10 Sep 2023
Thanks for sharing another nice experience!
so it was a great way to do DCA without KYC.
This is really good indeed. Good point.
If you are a freelancer or own a small business you have a good opportunity to make your business special, just accept BTC as a payment method Not many people will pay you with BTC but the small % of payment received would make a difference for you over time.
EXACTLY THIS! Well done sir.
reply