🟧 How To Accept Bitcoin & Lightning Network Payments
One of the BEST ways to earn Bitcoin is by accepting it, either in your business, such as via Shopify or Woocommerce, via a Bitcoin point of sale, or even just accepting Bitcoin as payments from friends and family.
But there is a RIGHT way and a WRONG way to accept Bitcoin payments... and in this video, I'm going to outline a whole bunch of the best ways to start accepting Bitcoin.
I'll rate these various methods of Bitcoin Payment Processors based on a list of criteria, which I'll explain, and at the end, I'll give you the full scoop. At the end of this video, you'll have a clear picture of how to accept Bitcoin for your particular situation, as well as know the tradeoffs.
ENJOY!
🎥 IN THIS VIDEO: 🎥
00:00 🟧 Introduction
00:51 🟧 Why Accept Bitcoin?
01:01 🟧 Bitcoin is More Secure, No Fraud or Chargebacks
🟧 Bitcoin is Permissionless
🟧 Bitcoin Fees are Much Lower Than Credit Card Fees
🟧 Bitcoin Appreciates Over Time
🟧 Accepting Bitcoin Drives Adoption Which Increases Value
03:24 🟧 Criteria on How to Select The Best Way to Accept Bitcoin
🟧 Security
🟧 Privacy
🟧 Cost
🟧 Setup
🟧 Self Custody
🟧 Customer Convenience
🟧 Vendor Convenience
🟧 Automation and Integration
04:37 🟧 How to Accept Bitcoin The WRONG Way (Posting a Static QR Code or Bitcoin Address on Your Website or Cash Register)
08:18 🟧 How to Accept Bitcoin The STUPID Way (Through Bitcoin Payment Gateways)
12:41 🟧 How to Accept Bitcoin The EASY Way (Breez)
16:31 🟧 How to Accept Bitcoin The Right Way: The GOOD COMPROMISE (Voltage Cloud Paired with BTCPay)
24:04 🟧 How to Accept Bitcoin The SECURE Way (By Hosting Your Own Bitcoin Node and Connecting to BTCPay Over Tor)
30:50 🟧 Summary and Conclusion
🔗 LINKS / RESOURCES MENTIONED: 🔗
🟧 Coinbase: https://jle.vi/coinbase
🟧 Trezor Hardware Wallet: https://jle.vi/trezor
🟧 The Keystone Vault Pro: https://jle.vi/keystone (*Use Coupon Code "BFTM" to get 5% OFF!*)
🟧 CoinGate: https://coingate.com/
🟧 BitPay: https://bitpay.com/
🟧 Coinbase Commerce: https://commerce.coinbase.com/
🟧 Breez: https://breez.technology/
🟧 Voltage: https://jle.vi/voltage
🟧 BTCPay: https://btcpayserver.org/
🟧 ThunderHub: https://thunderhub.io/
🟧 Download Tor: https://www.torproject.org/download/
🟧 Amboss: https://jle.vi/amboss
🟧 1ML: https://1ml.com/
🟧 Umbrel: https://getumbrel.com
🟧 Citadel: https://runcitadel.space
🟧 RaspiBlitz: https://shop.fulmo.org/raspiblitz/
🟧 MyNode: https://mynodebtc.com/
🟧 Buy Raspberry Pi: https://www.raspberrypi.com/products/...
🟧 Hire on Fiverr: https://jle.vi/fiverr
🟧 LNBits: https://lnbits.com/
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