Stackers Assemble: Holly Lane Chocolate has questions about bitcoin payments \ stacker news ~bitcoin

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Stackers Assemble: Holly Lane Chocolate has questions about bitcoin payments primal.net/e/nevent1qvzqqqqqqypzqq6umz400wek0ttxxcztxqnjn5gkfv8lk8m33g90vx7e9yzjmq2dqqsxj335t77afxknyg7hn3ajg5y440t8amtkacfgqkqf69u53kaqc8qnlcfch

240 sats \ 13 comments \ @Undisciplined 17 Mar bitcoin

I'm a big chocolate fan, so I selfishly want this chocolate company to figure out the best bitcoin payment system.

Can stackers offer some advice to this merchant who's eager to accept bitcoin?

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149 sats \ 0 replies \ @grayruby 17 Mar

Hope they don't use coinbase commerce because they don't even offer a bitcoin payment option.

33 sats \ 11 replies \ @SimpleStacker 17 Mar

Paging @DarthCoin

42 sats \ 9 replies \ @DarthCoin 17 Mar

first they need a change in mindset before they start accepting bitcoin. Otherwise is all for nothing.

0 sats \ 8 replies \ @Undisciplined OP 17 Mar

Can you elaborate? I think they're very new to this and eager to learn more.

21 sats \ 7 replies \ @DarthCoin 17 Mar

but are considering Bitpay/Coinbase Commerce temporarily to reduce friction

"friction" to what? You just accept BTC and hold it. That's all.

Any thoughts, tips, or legal resources??

If they start with "legal" shit... they are lost from the beginning. Bitcoin is simply money. That's all they have to have in their mind.

All our suppliers use USD so might need to exchange regardless?

Wrong. Totally wrong mentality. You save those BTC and/or slowly start paying your employees or find other suppliers that accept BTC.

How many BTC payments you will have in the first 6 months? 10% from your total volume? That's your pension fund dumb ass, you keep it and save it, you don't go back to fiat.

I wonder when people will learn these things: in order to start living on bitcoin standard you must SAVE sats you don't just throw them away fro more fiat.

And here is all they need to know to start https://darth-coin.github.io/merchants/getting-started-bitcoin-small-merchants-en.html

10 sats \ 6 replies \ @Undisciplined OP 17 Mar

I think those last couple points are potentially very helpful. It's unlikely their bitcoin revenue will exceed what they can use it for anytime soon.

As long as even one of them are willing to take a portion of their pay in bitcoin, there shouldn't be any need for conversions and then they can work on convincing more employees/vendors to accept bitcoin payments (or finding those who will).

40 sats \ 5 replies \ @DarthCoin 17 Mar

That's why I said: first they need a change in their mentality. Without that... NGMI. Bitcoin is firstly a state of mind and you must be prepared for it, because it will change YOUR ENTIRE VISION about the (fucked up) world.

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0 sats \ 0 replies \ @Undisciplined OP 17 Mar

I'm definitely hoping he sees it.