Merchants should just hodl right now anyways. It's not like there is a huge payer base right now. Even large merchants can easily develop a strategy to replace a calculated portion of their corporate treasury with Bitcoin they've received.
Discussion
I know but they probably don’t think that way
To their detriment.
My C-corp is developing a supplement store and will accept bitcoin. It has hodl'ed since 2021 but accepting bitcoin and having to convert to cover costs, it will take a hit, 21% flat tax everytime. It is a bit of the wild west and daunting to set up a system that is even a little profitable.
I am gonna do it though! Or at least try 🤠
Let's say 5% margin, the other 95% has to be converted to fiat to cover costs, although it could be reduced a lot by paying their employees in bitcoin