Nice to hear that your father used the public funds meant for the development of the citizens to open a bar for you to increase the drunken in the society. Bar is always to attract more drinkers. Well it is a good thing that you open your own bar but as a daughter of a politician, a bar work is not good for you. And I will advise you not to take Bitcoin as your payment option for now because of the tx fee. And why did you use the money to invest in Bitcoin and just relax and Monitor the market because that bar business will stress you. You have to buy fuel and pay workers but in investment you would not do all this.
This doesn't sound funny anyway but are you really making assumptions that all politicians that occupies public offices embezzles government funds? Well, my dad is a well known business man before he ventured into politics and moreover, he has his own allocation as a public servant so I don't know why you took it personal to judge politicians that way because you're actually having the narrative that all politicians embezzles government funds. May be in other to ascertain your assertion there should be no politicians right?
Thanks for your advice not to use Bitcoin now but I still wish to use it in the near future for my business as I'm also a bitcoin hodler.
Until this spamming of the main network goes down either use Fiat or the LN. It is my recommendation to you and since you are the owner of your establishment think before and do your math. I am happy that your dream has come true and for your growth, you should think about profitability and not about Bitcoin in the current scenario.
Thank you so much for your advice to use the LN though people may not believe me but nevertheless I still hope to accept the use of Bitcoin for my business in the future when the tension is free. This is my achievement this year and am happy I gladly did.
My major setback now is the high transactions fees and congestion in the mempool but I've made provisions for my BTC Address to customers but for now they're still patronizing me in fiat.
You opened a bar. A bottle of beer is not up to $1. 1 input and 2 outputs bitcoin transaction at 80 sat/vbyte cost 4.79 in fee. We all know that it is not possible to pay using bitcoin onchain transaction for some beers. In Nigeria, naira is more used for payment and using bitcoin is getting more discouraged with the high fee.
Although, there are expensive drinks and wines, but fiat transaction locally is instant and of very low cost. On Opay, Kuda and Palmpay and some other means of paying for goods and services, the fee charged for some number transactions per day or per month are free.
I'm actually starting the business yet as I also plan to combine it with a world class restaurant as well, I indicated that am still using fiat to operate my business for now pending when there will be lesser transactions fee and no congestion in mempool. But looking at the settings of the bar doesn't it look luxurious?