Accepting bitcoin for your business is available to anyone willing to setup and operate the software. If you are already using another platform for most of your business (YouTube, TikTok or OnlyFans), you can create a new online presence. This opens your audience to anyone connected to the internet using a WordPress website that accepts bitcoin. You can also create a point-of-sale website to accept payments from instore customers. Invoices and inventory can be tracked using the BTCPay Server software.
We help you with the setup of your online store.
The bitcoin you collect can be saved for future business improvements as the value of bitcoin increases. Every investment you make is based on information and research. The intention of investing is to increase your net worth over time and protect the accumulated wealth from inflation. Some people will “invest” as a full-time job. They are known as “traders” who spend hours researching financial statements to place a bet that the price will move and make a profit. For most people, investing means contributing to a retirement account.
Researching bitcoin today is much easier for two reasons; first, there is more content on the subject by different authors that appeal to everyone. Second, using bitcoin is easy. If you can install an app on your mobile device or computer, you can accept and hold bitcoin.
Owning and holding money that is programmable in any existing software, portable around the world, and super-fast for payments; will increase in value as more people discover its capabilities.
If you are watching the US dollar price of bitcoin over a short period of time, it will look like a roller coaster. But if you look at its price over a longer period of time you will notice that its value appreciates and protects your hard-earned money from being inflated and worthless. The chart below shows how the price has appreciated. The short-term price volatility is because bitcoin is the only asset that trades 24/7/365 and has had a 100 percent uptime for the last 10 years.
Looking at the purchasing power of the USD, you can see that the amount of goods and services you can buy with the dollar is lost over long periods of time. If you are saving your money in US dollars, in the long run, it will lose all its value.
As more people begin using bitcoin it will become universal money, however it must first be a store of value, maintaining wealth over long periods of time. The head of the Securities and Exchange Commission has publicly stated that bitcoin is a store of value.
The price will go up and down but over the long term, your savings in bitcoin will increase in value. The price is a signal of its value in the market. The ability to accept bitcoin as we do on our creator websites was not possible until Summer 2022. Take the time to learn about bitcoin, then save your money in bitcoin over many years.
Ditch chasing returns from investments and retirement accounts and enjoy life.
