Replying to Avatar Oshi (推し)

nostr:npub1q8gth72n0mcl6rwls905rsvfvuu0dgaq7cq028rc9d7c3ygnp4xq84awvk get these guys set up! I use btcpay and love it so far

I already shilled them btcpay 😆

nostr:npub1qdwd32hhhvm844nrvp9nqfef6ytykrlmracc5zhkr0vjjpfds9xsyrsnsp can’t help with tax stuff but feel free to dm if you need some tips or help getting set up accepting Bitcoin directly!

Re cash flow: since it looks like you’d be accepting both usd and Bitcoin my advice would be to hold any Bitcoin earned from sales in sats as reserve. Any sales made in usd can be used to pay bills, suppliers, etc.

Personally I would stay away from Coinbase commerce. I understand the convenience factor, but you lose custody of any Bitcoin collected and also lose a hefty percentage in fees to their platform. No different than dealing with a credit card processor.

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I have not looked into their product extensively but yeah it could be a good fit. 🤙

Monthly fee kinda high

Coinbase is literally an enemy of bitcoin. No bitcoiner should ever recommend any service they provide. World would be a better place if the company disappeared off the face of earth

Here here ✊🏼

Thanks! Unfortunately we don’t have the luxury of holding any currency type in reserve yet 😅 Everything coming in goes right back out to expenses to stay afloat (obligations for equipment, rent, suppliers, investors, loans). But will definitely reach out in future if we have questions about setup 👍 Hopefully as we scale this gets easier! And roger that on Coinbase… someone else commented they don’t even accept Bitcoin?! Yikes. Didn’t realize haha. Clearly new at this… so appreciate the feedback!!