Podcastnewshubb
Advertisement Banner
  • Home
  • Marketing Podcasts
  • Crypto Podcasts
  • Contact
No Result
View All Result
  • Home
  • Marketing Podcasts
  • Crypto Podcasts
  • Contact
No Result
View All Result
Podcastnewshubb
No Result
View All Result
Home Crypto Podcasts

Running a Business on Bitcoin with Tibor Ballai — What Bitcoin Did

admin by admin
September 26, 2022
in Crypto Podcasts


Tibor Ballai is the co-founder and CTO of Fortris. In this interview, we discuss the challenges of running a business on Bitcoin, how Fortis enables businesses to use Bitcoin as an operational currency, and why this will be the next step in the adoption cycle.

– – – –

It is one thing for an individual to move towards converting to a Bitcoin standard, it’s quite another for a company. Running a business is hard enough without having to navigate around emerging regulations and evolving technical innovations that come with using Bitcoin as an operational currency. Without professional support, many businesses will choose the path of least resistance, which will be sticking with fiat.

This is how companies like Fortris can provide material help in the next wave of the adoption cycle. If Bitcoin is to become a widely used form of money, obviously businesses will need to adopt it. Having both the expertise and enterprise applications to smooth the transition to Bitcoin adoption is what is required, and what Fortis can offer.

The thing is, there is a myriad of different internal policy and external regulatory hurdles that need to be overcome. Who can sign off transactions? How is the Bitcoin to be held? What are the tax implications, and methods to limit tax liabilities? How should payments, domestic and international, be managed? What are the means for using Bitcoin for payroll? How should Bitcoin treasuries be assimilated into management reporting functions?

These are the hurdles and questions that I am personally having to tackle as I use Bitcoin within both my media business and the football club that I run. So, I am as interested as anyone in what services companies like Fortris offer, and how they can help people like me maximise the benefits of Bitcoin without being tripped up by bureaucratic or technical issues.



Source link

Previous Post

Everything Is Marketing | Taylor Lindsay-Noel — Branding, Resourcefulness, and Oprah’s Favorite Things

Next Post

Everything Is Marketing | Val Geisler — Email Marketing, Customer Empathy, and The Dinner Party Strategy

Next Post

Everything Is Marketing | Val Geisler — Email Marketing, Customer Empathy, and The Dinner Party Strategy

Recommended

A Bitcoin Civilization with Ragnar Lifthrasir — What Bitcoin Did

3 months ago

The Role of Bitcoin Maximalism with Udi Wertheimer — What Bitcoin Did

7 months ago

Is There Life After Democracy? with Vijay Boyapati — What Bitcoin Did

2 months ago

Everything Is Marketing | Jake Thomas — $5k/mo Golden Retriever Blog, Studying YouTubers, & Learning SEO From Scratch

7 months ago

Everything Is Marketing | Jay Acunzo — Podcasts, Storytelling, and How To Make Your Audience’s Favorite Show

6 months ago

Bitcoin Security + the Future of AI with Jameson Lopp — What Bitcoin Did

2 months ago
Podcast-(-White-) (1)

© Podcast News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Marketing Podcasts
  • Crypto Podcasts
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • Marketing Podcasts
  • Crypto Podcasts
  • Contact

© 2022 Podcast News Hubb All rights reserved.