#1390 - Q&A: Should I accept Bitcoin as a payment method?
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 21 October 2020
⏱️ 6 minutes
🧾️ Download transcript
Summary
Today’s listener is wondering about Bitcoin, the world’s best known cryptocurrency—should he accept it as payment for his new app?
Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
Show notes: SideHustleSchool.com
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Transcript
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| 0:00.0 | Did you know choosing the train over your car can cut your carbon footprint by up to two thirds? |
| 0:06.0 | So, one family outing at a time, one little adventurer at a time, one trip to the museum, one dinner in the city, one nap on the way home at a time. |
| 0:18.0 | One train journey at a time can help create a greener future. |
| 0:23.0 | So when will you take your next trip? Find out more at nationalrail.co.uk slash greener. |
| 0:35.0 | If I could go back in time and talk to my younger self, I would tell my younger self three things. |
| 0:41.0 | First of all, I would say, don't be so afraid. Like, it's going to be okay, because I didn't have the greatest childhood and such. |
| 0:47.0 | So I'd be like, hey, don't be so afraid. You're going to get through this. You know, some of this isn't so great. |
| 0:51.0 | But, you know, eventually, you're going to have a really good life, right? And even now there's lots of good stuff about life. |
| 0:56.0 | That's the first thing. Second thing is, I would say, don't let them take the edge off your rebellious side. |
| 1:01.0 | Like, don't lose that element. You don't need to tone it down. You just need to find a way to channel it. |
| 1:06.0 | So don't lose the rebellion. And then number three, of course, I would say, as soon as you can, put all your money into Bitcoin. |
| 1:14.0 | Younger self, put all your money into Bitcoin. Unfortunately, my future self was not able to convey that message to my younger self. |
| 1:21.0 | So sadly, I am not a Bitcoin billionaire. But yes, if we could all go back, what, you know, five or six years or however many years it's been now, maybe closer to ten or more, since Bitcoin, the first or at least the most popularly known cryptocurrency. |
| 1:34.0 | You know, now it's worth something like $12,000, I think. So anyway, today's listener is wondering about this in terms of how it affects his side hustle. |
| 1:42.0 | He's got an app set up. He's wondering, should I actually accept this as payment? I'm going to take credit cards, but should I also accept payment in Bitcoin or another cryptocurrency? |
| 1:50.0 | That's what we're going to talk about in this episode. So stay tuned, shout out from our sponsor, and then all about crypto. |
| 1:57.0 | All right, Bob. Well, what's the story with Nick, a sense of adventure and he's into cafe hop in, say no more. |
| 2:04.0 | You know when you just know from interest badges to profile prompts, Bumble helps you find out more about your matches. |
| 2:11.0 | Hey, Nick. I know the perfect spot for coffee in the morning. |
| 2:15.0 | So whether you find you have things in common or uncommon, you can feel confident making the first move. Are you ready for that feeling? |
| 2:24.0 | Find that feeling on Bumble. |
| 2:35.0 | Hey, Chris. This is Nick from Salem. I recently found your show after a friend recommended it and I'm really enjoying all the side hustle stories. |
... |
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