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    Author Topic: Bitcoin investment is kind  (Read 1018 times)
    Zigabel
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    January 11, 2024, 10:38:51 AM
     #101

    Probably many people has invested in bitcoin and they got profit and some also got loss for the investment, also some people have converted their business payment with bitcoin instead of making payment with fiat currency but nevertheless you can not decide to follow a steps of someone who benefited with bitcoin and open a shops and demand payment with bitcoin,

    So myself I have decided to launch a vehicle parts shops in my city by January 2024 and I have decided to use Bitcoin as one of the criteria of payment because of what I'm seeing for bitcoin increment and my country that permit for cryptocurrency transaction in my country, secondly I want to start having my own bitcoin with the payment of my vehicle parts, I don't know if mempool of bitcoin I have being hearing will still continue by next year 2024 because I sense that it's what will bridge people not to make a payment with bitcoin if i open by January 16th, because all the necessary arrangements has already put in place and  awaiting for January 16th to open officially.
    This is a really good and strategic plans for your business as it's obvious you want to allow for some form of flexibility around your business and this will really encourage for growth but then the challenge with the Bitcoin method of payment will have to be with the little inconvenience that comes with the high fee and the time for confirmation of transactions due to the current congestion of the Bitcoin network and it's not looking like it's reducing anytime soon.

    The congestion on the network due to recent news around Bitcoin which has further increased the rate of transactions carried out on the network and once and the mempool may take a long time before it gets any lower so if you can getting a solution around it then you are good with your business.

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