Really good video by Joe Nakamoto,
Software engineers like Plamen are becoming entrepreneurs not for profit, but to advance Bitcoin adoption.
In this case, Plamen had no dream of owning a bar—he’s a software developer—but opened Bulgaria’s first Bitcoin-themed bar simply because nobody else did.
He calls it the worst financial investment of his life, as he spent his Bitcoin at $25,000 and watched it double soon after. Yet, he says it was necessary—to give the local Bitcoin community a physical space to meet, transact, and build something real.
I’ve often said on Nostr that this isn’t the ideal time to start a business if you hold Bitcoin, since its value keeps rising.
But I get it—Ive seen others on Nostr think about doing the same thing, including myself, we all have been tempted to do the same: start any type of business just to say:
“We Accept Bitcoin.”
As the fiat businesses crumble many of us Bitcoiners will have to jump in and replace them.
My best advice is if you dont own the property then it’s not worth it. Keep hodling.
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