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2025-09-26 13:43:20 UTC
in reply to

Cykros on Nostr: For what it's worth it is a tricky situation for restaurants given their slim margins ...

For what it's worth it is a tricky situation for restaurants given their slim margins and the rapidity of money flowing out as quickly as it flows in. Some method of automating the liquidation of incoming Bitcoin, to a calculated threshold, and savings the rest, would likely be necessary to really make it viable for most small business operators. They simply can't stomach even a 5-10% drop overnight let alone a 30-80% drop when they have fuel, rent, food, booze, and a whole bunch of salaries to pay for. Hodling only profits in excess of liabilities for a long term cash buffer is really the sweet spot to get off that hamster wheel.