My small business could make a switch to be a bitcoin business, it’s a service business with pretty low overhead and low/sporadic payroll, it’s a sweaty start up, we only delegate when we need it, we’re in our infancy.

If someone wants to pay in BTC, we take it because we’re comfortable enough with our cash flow to sit on it for a while.

But even in our situation I don’t think it would be for our start up to have a 100% allocation in bitcoin just because of the exposure to the downside it creates in the short term. If we need cash, we often need it asap and its going towards expansion of our business- that’s basically every businesses goal: reinvest, scale, repeat. If BTC is down, well we just lost hard earned profits, and the overhead is still there.

Side hustles and many small businesses would be great for stacking sats, if I wanted to use my business just for this we would be great but we would probably lose some ability to scale until we’ve gone through a cycle. I don’t think many start ups or small businesses operate with that time preference.

I do think however it’s good for businesses to have some exposure to BTC early on for the exact reason I mentioned, the longer time frame. Plus, technology in this space is evolving rapidly so early exposure will create more buying power down the road. But for now, operating using 2 currencies is just hard compared to 1.

We’ve decided we’ll scale the business with some exposure to BTC, and wait for tech to catch up in the hopes of being able to utilize it in a more meaningful way later on.

Oh and taxes would be a fucking nightmare