Post
Topic
Board Bitcoin Discussion
Re: My dream business succeeded
by
leonair
on 22/01/2024, 17:47:04 UTC
I've been longing to Open my dream business for a very long time now, my dad is an influencial politician in my state. He has companies and some businesses and I've been pestering him to assist me with some funds to start my dream business of having my Own Bar but he never gave me a listening ear. Just on January 2 2024, He sent me #2,000,000 in my local currency which is about ($1560 currently in dollars and 0.037347 in BTC) to start up my dream business.
I was so happy and thankful to him for giving this assistance after a very long time I've been requesting money from him to start up a business.

Now I've furnished and equipped the bar with different brands of drinks. I was thinking of using Bitcoin as a medium of payment for my new business since there have been massive involvement of people from my country in Bitcoin after the initial ban placed on cryptocurrency in my country was being lifted.

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.
Even though business is good, it's only sometimes like this.  That being said, the initiative you've shown is very different.  That's fine.  But remember that the fees for Bitcoin transactions are very high, so be careful to keep your money safe.
I think op is familiar with bitcoin transcation fees. he/she can avoid High transcation fee via using centralized wallet like coinbase. here op can received and send bitcoin coinbase to coinbasd via email and also can received btc on Binance pay. but those method will not give actual bitcoin transcation experience. now it is a problem that who will interested to pay btc for A few packs for drinking. here transcation fees will make a big problem.