I want to buy a business and incorporate Bitcoin into it. Here are some requirements:
1. It has to be profitable. That is cash-flow positive.
2. It has to be relatively simple. No crazy specialized knowledge required.
3. It has to have been running for a long time.
4. It has to be something that's reasonable for me to buy near Austin, TX.
The goal would be to see if I can incorporate Bitcoin into it and see how well I can run the business.
Any suggestions?
Pipe/bong store
Dispensaries
What McCoremack did with Bedford FC is probably an interesting case study. He also bought a bar. I think the soccer club thing is smart because the Bitcoin angle brings in fans and sponsorship and therefore is a direct and immediate competitive advantage.
What a good idea!
BBQ
Self-Storage Units maybe.
Ideally you own the property they’re on, and the units pay you rent on the property until it appreciates.
Juan In A Million. Local restaurant. Order the Don Juan and meet Don Juan.
iirc good local cash flow businesses: landscaping, house cleaning, pest control, storage centers, laundry mats, dry cleaners, car washes, barbers, car detailing … struggling to think of more.
If you want to explore an option in Venezuela let me know ;)
Dont forget Dr. House. Everybody lies.
laundromat / arcade / vending
McDonald’s ?
#weedstr
Laundromat
Construction of some kind. Roofing, GC, specific masonry or carpentry. A business where there’s a reasonable expectation to accumulate liabilities denominated in bitcoin.
Whatever it is. Please make it Bitcoin themed.
If it's laundromat, the coin is customized so that it only work with orange coin
If it's a cafe, make the decoration / menu to be Bitcoin themed, etc
a ranch?
Maybe talk to Texas Slim. He's on Nostr. Beef Initiative
Ching chong Jimmy song 😆
Will a cash flow positive business be possible in a fixed unit monetary system?
It’s a good question and a topic I’ve been grappling with and can’t get my head around properly. Wonder what nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe has to say?
You could totally get into the business of stealing catalytic converters - lots of money in that - and somehow migrate the cashflow into satflow at the metal recycling centers.
🤣🤣🤣🤣🤣
Buy a laundromat, wire the machines to accept lightning instead of quarters
And then use asics to dry the clothes!
Buy this place:
I suggest to get into Food or Housing , the most basic needs
What a bout a self-custody Bitcoin inheritance solution offered by third-parties (wealth managemente companies or legal firms?
Not based in multisig but real self-custody solution.
Small restaurants and buffets that seemingly suck, yet they are somehow profitable always made me wonder about their potential. How good and profitable they could become if someone competent took over?
