Joined 28 February 2021 · 3 posts
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@Doramas89
[Spanish video] Bitcoin en El Salvador: ni descentralizado, ni Bitcoin He hecho un pequeño vídeo en el que explico cómo funcionará Bitcoin en El Salvador y cómo esta implementación no aporta nada de libertad económica. Sin embargo, Bitcoin Cash funciona y no hace falta que ningún país lo autorice. https://www.youtube.com/watch?v=RflYkuqONcI
@Doramas89
How companies can pay services' expenses in BCH without accounting friction BitPay has developed a great solution that allows companies to pay anyone in the world with their fiat currency, in a regulated manner, while the person receives cryptocurrency. It works the following way: A graphic designer from Colombia creates a sample invoice for the company with the total in USD. The company sends the $ amount to BitPay (gets a $ invoice from a US company). BitPay Send sends the designer the payment in BCH (or any other cryptocurrency). Frictionless crypto support for companies: worldwide business Traditional businesses typically don't support or want to have anything to do with cryptocurrencies because of their unregulated nature. Because peer-to-peer crypto payments happen outside of the companies' accounting records, they are a big no - both for tax authorities and for the companies, since they don't want problems. With this solution, registered companies can now do business with people who have no company and no VAT ID, regardless of their country and any banking problems that might be between countries; the only requisite is that the company has to be able to do business with US companies (BitPay). In my opinion, this is a key tool to kickstart the cryptocurrency economy. Personally, I have already asked the clients I work with to pay me via BitPay Send so I earn my income in BCH, saving PayPal's 7% fees.
@Doramas89
A solid way of asking a business to accept BCH for payments Subject: [Business Name], accept BCH-paying customers *A) If the business does not yet accept cryptocurrencies:* Hi, I noticed your business does not yet accept Bitcoin Cash or other cryptocurrencies for payments. I needed a product similar to your {product name} that I could purchase using my BCH. Sadly I will have to keep searching. Me and thousands of others around the world have begun transitioning gradually to this new economy, for reasons that would take a long time to explain. Your business would have extra customers and position itself ahead of the competition towards this market niche, by accepting cryptocurrency payments. You could accept multiple cryptocurrencies, have the payments converted and sent to you in {local currency name} and have easy invoicing and accounting by simply implementing a payment processor like GoCrypto, BitPay or Coinbase Commerce. Or you can accept BCH directly with Bitcoin Cash Register if you prefer the frictionless experience - it's the one most widely used in commerce because of no fees. Perhaps your marketing team would appreciate my suggestion. Regards *B) If the business accepts some cryptos but not BCH:* Hi, I noticed your business does not yet accept Bitcoin Cash for payments. I needed a product similar to your {product name} that I could purchase using my BCH. Sadly I will have to keep searching. I have begun trying to live mainly using cryptocurrencies, and Bitcoin Cash is the one I use because it's the only major coin that works better than a standard fiat payment. It has no fees and transactions arrive and are irreversible instantly. Other coins like BTC have impractical/high fees and payments require waiting for block confirmations to receive the funds. Using a payment processor like BitPay, Coinpayments or Coinbase Commerce you could accept BCH together with the coins you already accept (which most people treat as an investment) and open yourself to more paying customers. Perhaps your marketing team would appreciate my suggestion. Regards
