It's done! 😀
After a couple of weeks of work, and a couple of late nights, I'm excited to share my take on onboarding merchants who are using a Square POS terminal.
The rabbit hole I went down was simple: If my favorite coffee shop, which uses Square, were to start accepting bitcoin, what does it do for their bottom line?
The article below takes 10-12 minutes to read and includes:
- Real financial projections for coffee shops, liquor stores, and boutiques
- How the 50/50 strategy (half cash, half Bitcoin) adds $20K-$51K over 5 years
- Why transaction size matters (boutiques save 19x more per transaction than coffee shops)
- Why I'm not convinced we should lead with "no chargebacks"
This is for Bitcoiners who want to help local merchants adopt Bitcoin. Lead with their bottom line, not our conviction.
https://yakihonne.com/article/s/orangedad85@happytavern.co/7DJdOYHpKS_CxgtygHrQJ
Obviously I'd love it if you'd share this with others and repost it, but mostly I'm happy that (a) I created something useful and (b) I get to share this on Nostr.
As nostr:nprofile1qqs2gndun24r2utk5l20tscsdprw5zttvm0qk58w8xhl2ja2kmzt7jcnrkcuk always says: We're Gonna Win!
#bitcoin #merchantadoption #circulareconomy #orangepilling
