#3: Bitcoin and the Smallest Businesses by Porter, Maraia & Crossman

10/02/2022 15 min

Listen "#3: Bitcoin and the Smallest Businesses by Porter, Maraia & Crossman"

Episode Synopsis

Hi, Welcome to "Small Business, Big Bitcoin” the show where we talk about what bitcoin means to small business owners, and how small businesses can integrate bitcoin into their companies.Today I am reading an opinion article by Heidi Porter, Mark Maraia, and Colin Crossman and it can be found in Bitcoin Magazine titled "Bitcoin and the smallest business: The Cantillon effect and why they need bitcoin." The central question asked by the authors is "Could bitcoin as an inflation hedge via the appreciating value of bitcoin help other smaller businesses survive and new ones to start and grow?"As a business owner we can say that without a doubt that bitcoin has provided an inflation hedge for our company and presented an opportunity to grown despite the turmoil in the tourisms industry. We support any business that wants to put bitcoin on the balance sheet and feel that the smallest of businesses, the "Microenterprises" have much to gain and due to their small size may be much more nimble than larger organizations. With that, let's get on with the article: https://bitcoinmagazine.com/business/why-small-businesses-need-bitcoinSponsored by Victoria Kayak Tours & Rentals which accepts bitcoin and lightning payments. Check them out at victoriakayak.comNot a sponsor but these guys are a great way to buy bitcoin in Canada. Sign up with Shakepay and we will each get $30 CAD when you buy $100 worth of bitcoin... https://shakepay.me/r/O8Z7QKLSound from pixabay.comIntro: Organic Lo Fi by Coma-MediaOutro: Chill Abstract by Coma-Media