Nostr Web Client

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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Discussion

A-ARON 1y ago

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.

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 😅

Bitasso 1y ago

Are your clients using cc or email money transfer to a gateway that converts to btc and sends to your wallet?

I’m trying to remove some friction (teaching how to buy btc) here too.

tank 1y ago

Nope, they just send bitcoin on-chain to the company’s multi-sig.

bitznsatz 1y ago

Question about this, so do you strictly do on chain (ie not Lightning) for this? Been curious to see how folks have been handling lightning as a business.

tank 1y ago

Fees have been low enough for monthly invoices that on-chain works fine for now. Though I’m excited about migrating to BOLT12/BIP353 once offline payments are possible for self-custody Lightning.