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26 sats \ 2 replies \ @grayruby 27 Dec 2024 \ parent \ on: Implications Of Alby's New Pricing bitcoin
In terms of point 1, I think the argument for accepting bitcoin as a competitive advantage is a good one. If I can charge you 10-15% less than my competition because I am getting paid in bitcoin and I am confident it will go up in value that should be a boon to my ability to attract customers.
I think the discount has to be much steeper, though. Bitcoin can move 10-15% in a day, which would leave your bitcoiner customers "underwater".
For it to be a better rate, reliably into the future, I'm imagining a 50-90% discount. That's what I think would be tough. Alby can't pay their bills with the courage of their convictions.
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Alby is just selling software and cloud hosting so the margins are pretty significant. Might be feasible for them to offer a 50% discount to get paid in Bitcoin. I don't think it is as feasible for a small business that has employees and suppliers who need to be paid in fiat. If you started from scratch you could work out deals with employees and suppliers to pay them in Bitcoin as well but then you are going to end up spending most of your Bitcoin.
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