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Replying to Avatar West Major

Question for any business owners out there making a physical product - do you guys have to pay suppliers with cash? None of ours take bitcoin. And if so, how do you balance wanting to grow your business (which requires making more product and thus needing cash) with holding bitcoin? This is something I’m still wrestling with. I’d love to keep and hold what little bitcoin I have… but I have to make more shirts to keep growing the business. Down the road, when my business is bigger, and we’re able to distribute profit and/or have cash we don’t need for growth (hopefully 😂) I could see that being much easier. But at my stage now, we’re still trying to grow. Not for some vanity reason but to survive. Curious if anyone out there has some thoughts or strategies around this?

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Arotags 10mo ago

Same as others have answered. I don’t find it plausible to circulate the Bitcoin earned from sales for new inventory, at least at this point in time. Some ways I will consider recirculating it would be for software services, marketing, etc.

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