2024-12-26T09:14:31+0000

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/raspberry-pi-4-model-b/ 🟧 Hire on Fiverr: https://jle.vi/fiverr 🟧 LNBits: https://lnbits.com/ ❤️ LOVED THIS VIDEO? ❤️ 🙏 Support the channel by becoming a member: https://www.youtube.com/c/JonathanLeviBitcoinfortheMasses/join ⚡️ Send me a tip on Lightning Network: ⚡️tips@lightning.jle.vi ▶️ Subscribe to the channel ✍️ Write a comment below! 👍🏿 Like this video 🔔 Turn on Notifications 🔗 Visit our website: https://BitcoinFTM.com 💬 Have a Question? Message or Call me on Vida: https://vida.page/jonathanalevi