jackspirko on Nostr: Sorry guys Bitcoin commerce will NEVER be what we want until it is treated as a ...
Sorry guys Bitcoin commerce will NEVER be what we want until it is treated as a "currency". Try to run a business with a supply chain on the back end of physical items and labor and take bitcoin and you'll understand why in a heart beat.
Right now bitcoin is money, not a currency. I know many of you have your brain hurt reading that, you don't want it to be true BUT IT IS.
Spend one day managing a company with fixed expenses while trying to accept a highly volatile asset as your currency and you'll understand fast. If you are holding a 10% dip over a couple weeks means NOTHING, if you have a net profit on your COGS of 5%, you are heading right into bankruptcy.
There is a season, turn, turn, turn.
The season you want isn't coming for a long time. Get used to it and keep stacking.
Right now bitcoin is money, not a currency. I know many of you have your brain hurt reading that, you don't want it to be true BUT IT IS.
Spend one day managing a company with fixed expenses while trying to accept a highly volatile asset as your currency and you'll understand fast. If you are holding a 10% dip over a couple weeks means NOTHING, if you have a net profit on your COGS of 5%, you are heading right into bankruptcy.
There is a season, turn, turn, turn.
The season you want isn't coming for a long time. Get used to it and keep stacking.