pull down to refresh

283 sats \ 3 replies \ @DarthCoin 11 Dec \ parent \ on: Success Story: An Established Business Is Now Accepting Bitcoin bitcoin
The last time I spoke with him was this. Keep in mind that they have ZERO BTC so they have to start from nothing accumulating slowly enough liquidity. Using 2 stages solution:
  • quick solution now to just start and test
  • later improve by using a self-hosted BTCPay or LNbits, a proper LN node with good liquidity too
  1. Using now a quick solution, testing, to see how it goes, using Zaprite as "payment processor" for his WP Woocommerce site. He wants to keep that e-shop untouched just add BTC payments over LN and also for bigger amounts using onchain. Zaprite is connected to his own Sparrow wallet, for onchain payments and with CoinOS for LN payments. Then Zaprite through their Woocommerce plugin is charging the invoices on the webshop. From CoinOS he will withdraw into his onchain wallet until will have a good enough liquidity to start a full LN node with decent LN channels.
  2. Meanwhile is accumulating, will setup a self-hosted BTCPay or LNbits (not decided yet) and prepare it for the switch. Both BTCpay and LNbits have a Woocomerce plugin so will be easy to migrate.
Is just a matter of preparations.
write
preview
74 sats \ 2 replies \ @Lux 11 Dec
Gracias senor.
Sharing this to my group so we can all learn.
reply
153 sats \ 1 reply \ @DarthCoin 11 Dec
This is the way ! It's important to analyze each option available, pro/cons, short/long term, for each use case. Do not think from your own POV, something that worked for you personally it doesn't mean it will work the same for others. Listen their needs first. I think this business will be a success, they have the right mindset.
reply
31 sats \ 0 replies \ @Lux 11 Dec
they have the right mindset
and the best advisors
reply