Crypto Is Cash - Bitcoin for Small Businesses & Their Customers's avatar
Crypto Is Cash - Bitcoin for Small Businesses & Their Customers
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Providing free, open source tools, and education, to implement the use of self-custody cryptocurrency for individuals & businesses of all kinds and sizes for the purpose of a free, independent economy. Bitcoin, Litecoin, Monero & Bitcoin Cash are the principle coins* we utilize as currency for everyday use. -All are layer 1. -All have very low fees.¹ -All are reasonably fast.¹ -All have native fungibilty tools. -All have development communities dedicated to their coins being used as day to day currency. *Bitcoin is too costly to buy lunch with,  Lightning is predominately custodial. But, if this is your choice, we have software to support you. USDC is good for onboarding businesses, with no volatility,  low fees & no chargebacks. Our testing has shown POL to be the most widely used & least expensive network for USDC. Buy and sell goods & services online with these websites: - XMRBazaar.com - SatStash.io - shopinbit.com - shopstr.store Please let us know of any other online mark
Crypto Is Cash - Bitcoin for Small Businesses & Their Customers's avatar
Crypto Is Cash - Bitcoin for Small Businesses & Their Customers 8 months ago
As #Circle , #Tether and the #banking industry buy their way into US government stablecoin legislation, how do you think the MOE dream of #Bitcoin & other #cryptocurrencies fit in? Does #btc "Reserve Asset" status mean anything from a #cryptoconomy perspective?
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Crypto Is Cash - Bitcoin for Small Businesses & Their Customers 9 months ago
In attempts to onboard vendors to accept crypto, I am running up against the fact that modern fiat payment methods kick ass. Crypto wallets and payment systems that can compete with Apple / Google Pay are non-existent. The payment processor fees being lower with crypto argument is becoming less effective. I spoke to a vendor today who told me his bank is essentially charging him 0.2% of all transactions. This is a long way from the 10¢ + 3% I'm expecting to hear about.
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Crypto Is Cash - Bitcoin for Small Businesses & Their Customers 9 months ago
It's true! We would love if every business that accepted Bitcoin would keep it as #Bitcoin, but not many want to deal with the volatility. This is where stablecoins like #USDC #USDT & #DAI and DeFi come in. Without a bank, and using FOSS, businesses can accept bitcoin, easily convert to a stablecoin and then begin earning a CPI competitive interrst rate on a DeFi platform like Aave.
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Crypto Is Cash - Bitcoin for Small Businesses & Their Customers 9 months ago
Dialed in! That's how we would describe the dev team at #bitrequest They just added #USDC on Polygon to their long list of cryptocurrencies accepted on the Bitrequest POS. WHY does this matter? Because 99.9% of merchants do not want to deal with crypto volatility.
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