First business reserves to Bitcoin
Meet The Restaurant Owner Who Moved His Business Reserves To Bitcoin
“Our cash reserves swelled and business was booming again. But it was apparent to us that cash didn’t have the same appeal. That eventually with all the excess cash circulating … it would be worthless,” the thread went on. "And that’s why we as a company decided to store all of our excess cash reserves into bitcoin, as it offers a much better alternative to saving cash. We will continue to do that over the coming years and maybe forever if we don’t have a need for fiat.”
What might be most endearing about the announcement, as with everything Ali does on social media, is its personal nature? Though similar, this story is ultimately different from the recent news that business intelligence firm MicroStrategy bought $250 million in BTC. This is about a medium-sized business owner who fell down the Bitcoin rabbit hole like any one of us — who is documenting the effects of taking the red pill. He mentioned podcasters, The Bitcoin Standard, and other books and articles as the inspirations behind the shift in his mindset. Read the full story of TAHINI'S Restaurant chain here.