Post
Topic
Board Bitcoin Discussion
Re: The first gas station to accept Bitcoin in my region
by
KingsDen
on 26/05/2022, 18:18:36 UTC
Good Op for having this cool initiative. It is a good awareness and maybe your competitors will follow the step.
Meanwhile, this can cause your company some challenges when the men of revenue comes around. The bitcoin and its logo is like a threat to the government, especially in a country like Nigeria where the laws can easily be upturned or twisted.

Op, since you initiated the idea, has your company been patronised with bitcoin? If yes, how do you;
1. Manage the volatility, saying in terms of balancing your daily accounts.
2. How do you order for new products with bitcoin because I know depots don't accept bitcoin. Do you convert the coins back to fiat?
3. How about balancing of account if the transaction won't drop same day due to congestion of pool?
4. In your absence, have you trained your staff to be able to handle bitcoin transactions?