Question for any business owners out there making a physical product - do you guys have to pay suppliers with cash? None of ours take bitcoin. And if so, how do you balance wanting to grow your business (which requires making more product and thus needing cash) with holding bitcoin? This is something I’m still wrestling with. I’d love to keep and hold what little bitcoin I have… but I have to make more shirts to keep growing the business. Down the road, when my business is bigger, and we’re able to distribute profit and/or have cash we don’t need for growth (hopefully 😂) I could see that being much easier. But at my stage now, we’re still trying to grow. Not for some vanity reason but to survive. Curious if anyone out there has some thoughts or strategies around this?
West Major
npub1gh73...4ruj
On a mission to make western shirts in America.
Update: have made zero progress towards accepting Bitcoin on our website. Not intentional. Just haven’t had the time to figure it out and get it set up yet. On the flip side, we don’t really have anything to sell at the moment, so there’s that. But for anyone out there following, wanting to buy a western shirt with bitcoin, just letting you know we haven’t forgotten 😀
I’m curious… Does anyone have any favorite brands that accept bitcoin, and/or any favorite products from that brand they’re able to purchase with bitcoin? I’m new, know very little, and would love to learn and see how other brands are doing it. I know of Peony Lane Wine by @Ben Justman🍷 (he’s the first I’ve heard about, just this past week). Who else out there is doing it well?