Replying to Avatar tank

This is the way.

I’ve been running my coaching business almost entirely in bitcoin for the last two years. Only one client wanted to pay in USD. Otherwise I don’t even put ACH as a payment option on invoices anymore.

Accounting/invoicing needed some getting used to. But holding BTC in the company has worked well. I pay fiat expenses out of pocket with a personal debit card and reimburse from the LLC twice a year in bitcoin. Expenses usually stay lower than income. So free cash flow accrues value. Distributions are paid out at the end of the year in bitcoin. nostr:note10y0zlwlszla2tp3reskqscd733ys6vcw7qarwcrnhpr4t3elc66s8q4gws
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A-ARON 1y ago 💬 1

Wow. Really impressed by this. To hear of it happening in the wild is so exciting to me. I have had several pay me in bitcoin but nothing head turning yet. $100-200 at a time.

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tank 1y ago

Thanks. I’ve been pretty intentional about working only with bitcoin startups. So they are usually comfortable with bitcoin. And this may be my German side coming out, but doing accounting for a profitable small business is more exciting to me than raising one VC round after another 😅