Subnostr

nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u

Trying to understand how this will work for business and was wondering how you tracked your zapvertising spend? I need to explain to my accountant... Since I purchase Sats with $usd and then the zaps will be spent in Sats. Wondering if I would just take the $200 when it went into the wallet and record the current price of btc at that time then as I spend the Sats divide that by the price I paid in order to record each transaction?

#Zapvertising

https://www.btctimes.com/news/nostr-all-your-advertising-models-are-broken

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Discussion

freecritter 2y ago

This concept is early and it’ll be a lot more work now to try and get the “tax benefits” of reporting income that you convert to #zaps.

I think better route is to start purposing carving out a select % of your business to operate in #bitcoin.

Over time the goal is for that % o #btc in your business to grow in size as the value does as well.

You can then focus/worry less and less about the “fiat side” of your business.

Sorry if the thought process isn’t very smooth as I’m still trying to flesh this idea out more for small business owners like yourself.

I see huge potential but it’s a journey 🤙