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Replying to Avatar Jack Spirko

What would the condition of a company be that took Bitcoin only as payment be this week, now having to replace inventory and make payroll with payments they took in last week?

Say a business with a Net Profit of 5% like most restaurants. Or a grocery with a typical net profit of 1.5%?

Don't react emotionally to this and throw your crayons at the wall. Instead do the math, get a real answer. Be a grown up. Accept reality.

I will stack forever but I will never make bad business decisions due to my Asperger's syndrome. Rein in the autism guys, be smart with money.

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61bb909b... 11mo ago

It would suck. But obviously they’d be ahead if they had that strategy for the last year.

I think even bigger than the significant volatility issue is that only a tiny fraction of a percent of customers want to pay with Bitcoin. Security/tech uncertainty, capital gains and selling fiat first make it annoying for even bitcoiners.

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