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You could accept Bitcoin as payment though your accountant may then find taxes frightening. It's not practical really no. There are ways (the way people did it

• multjoy 5y ago
  Stripe and any number of the new fintech companies make card payments an absolute pleasure compared with the drama of getting merchant accounts, leasing a PDQ etc. We run an SME (a boarding kennel, so nothing exactly cutting edge) and Square costs us 1.75% for cardholder present transactions. No minimum charge, cash is in the next working day, they do all the compliance so provided I don't do anything mental like taking pictures of payment cards, I'm sorted. Obviously there's a higher cost for online processing and you could probably bring down the percentage cost if you shop around, but the ease of entry for card payments these days is absolutely astonishing. The biggest problem with crypto is that you, as a business owner, want to make it as easy as possible for people to give you their money and crypto is a massive frction unless you're marketing to the tiny subset of people using it as a currency rather than a value store. It'd be a bit like accepting gold over the counter.
• speedgoose 5y ago
  Doesn't Bitcoin have transaction fees ?
  • pibechorro 5y ago
    It does, but in the not so distant future most smaller transactions will be on its 2nd layer wallets (lightning). Close to no fees and close to instant. Its steadily growing.
    • prirun 5y ago
      Smaller transaction fees are always in the future with crypto. It was a design goal in the beginning and still hasn't happened in 12 years (age of Bitcoin network).
      • BenjiWiebe 5y ago
        It was the case with Bitcoin until the last couple of years.