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 talking with Doug from Two Ravens Trading Company. Doug is a small business owner and maker of hand crafted leather goods. He found bitcoin in 2021 and we talk about what bitcoin means to him, his family and his business. 

His primary sales venue is a Wisconsin Renaissance Faire and Doug explains what a Ren Faire is, and his experience using bitcoin as a pricing mechanism. 

Doug's company tagline “Building a legacy one stitch at a time” is an avenue we investigate and what creating a legacy and maintaining monetary value means to him. He also lets us in on his bitcoin business plans going forward. 

Links to Doug’s website and instagram:

https://tworavenstrading.com/

https://www.instagram.com/tworavenstrading/

I hope you enjoy our discussion and please reach out if you are a business that has integrated bitcoin in your company.  

And with that, lets move on to the discussion...

Sponsored by Victoria Kayak Tours & Rentals which accepts bitcoin and lightning payments. Check them out at victoriakayak.com

Not 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/O8Z7QKL

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Intro: Organic Lo Fi by Coma-Media

Outro: Chill Abstract by Coma-Media

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-bitcoin

Sponsored by Victoria Kayak Tours & Rentals which accepts bitcoin and lightning payments. Check them out at victoriakayak.com

Not 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/O8Z7QKL

Sound from pixabay.com

Intro: Organic Lo Fi by Coma-Media

Outro: Chill Abstract by Coma-Media

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 article by Ryan Gosha that explains Jeff Booth's deflation thesis. If you haven’t read Jeff’s book, The Price of Tomorrow, I suggest you do.  

Jeff argues two key points in his book: 

1. That technology is causing price deflation and increasing unemployment, and

2. Increased global debt, including massive government spending, is causing inflation.  

This increased inflation is outweighing the forces of deflation in almost every area of our lives and those that are able are fleeing to hard assets in equity markets, real estate and some even to bitcoin.

As a business owner I believe in true capitalism or as Jeff say’s “where risk is rewarded and punished, and where the free market is the ultimate referee of your value. That is why it pains me so much to see it breaking down.”.

Jeff goes on to say, “Technology should be driving everything cheaper, but rent, housing prices, fuel, food, and many other costs are rising … driven by an enormous rise in credit and debt … Debt combined with deflation is a toxic combination, because borrowers have to pay the same for their interest payments while earning less.”.

With that, let's get on with Ryan Gosha's article: https://medium.datadriveninvestor.com/explained-jeff-booths-deflation-thesis-22d8ea0a63

Find Jeff Booth here...

• Twitter: @JeffBooth
• Website: www.jeffreybooth.com

Sponsored by Victoria Kayak Tours & Rentals which accepts bitcoin and lightning payments. Check them out at victoriakayak.com

Not 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/O8Z7QKL

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Intro: Organic Lo Fi by Coma-Media

Outro: Chill Abstract by Coma-Media

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.

I’m Aaron, and I’m Joanna. Today we are reading an article by Roy Sheinfeld, Co-Founder and CEO of Breez Wallet, a non-custodial Lightning wallet available for Apple and Android phones.

The article deals with a small business that I’m very familiar with since I am a part owner of it - a mostly a silent owner (although Joanna would definitely disagree with the silent part). I am also the company bookkeeper and the person tasked with keeping the tech working. And Breez Tech works.

While exploring options for taking lightning payments at our business we ran into Breez and immediately found something simple to use and very helpful.  

Among the many features of the Breez Wallet, is the Point of Sale function. Merchants can enter a list of items as well as their prices in Sats, Bitcoin or Fiat Currency. Then the vendor simply selects the items the customers wishes to buy and creates a Lighting Invoice for the customer to pay. A handy feature when selling multiple products. 

We think other small business that are looking to accept bitcoin and lightning payments might find this App useful as well. 

And with that lets move on to Roy's article… https://medium.com/breez-technology/lightning-in-the-wild-victoria-kayak-9119e863b87b

For more technical details about Breez check out Stephen Livera's Podcast Episode 264 where he interviews Roy Sheinfeld...  https://stephanlivera.com/episode/264/

For an video intro to the Breez Wallet check out BTC Sessions here... https://youtu.be/lcBsn8e-oQ4

Find Roy Sheinfeld and Breez here...

• Twitter: @Breez_Tech 
• Website: breez.technology

Sponsored by Victoria Kayak Tours & Rentals which accepts bitcoin and lightning payments. Check them out at victoriakayak.com

Not 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/O8Z7QKL

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Intro: Organic Lo Fi by Coma-Media

Outro: Chill Abstract by Coma-Media

What do I want to accomplish with this podcast? I’m going to talk to other small business and how they integrate bitcoin into their companies. I’m going to speak with the professionals that help us run our business, the accountants and the tech providers. I want to learn what bitcoin means to other business owners and how it has changed their lives. I’m going to read some articles that I hope will influence your outlook on bitcoin and what this technology means. Hopefully, together, we can find a way that you can integrate bitcoin into your life or your small business, and gain a better understanding of this new money. 

If you would like to talk with me about Bitcoin and how you are using it in your life or business please reach out, I would love to discuss it with you. 

Sponsored by Victoria Kayak Tours & Rentals which accepts bitcoin and lightning payments. Check them out at victoriakayak.com

Not 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/O8Z7QKL

Sound from pixabay.com

Intro: Organic Lo Fi by Coma-Media

Outro: Chill Abstract by Coma-Media