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@ mike
2025-02-25 10:56:54
So very early days, but the CEO of MUSQET tells me and I’ve had the Bitcoin Chef confirm, that their Merchant Service rates are better than other traditional merchant services, but they include the option to pay in Bitcoin.
I’ve also been chatting to Seamus Rocca, the CEO of Xapo, trying to help them.
Xapo are a full Bitcoin bank. If we fuse MUSQET with Xapo and build a company around packaging those two together with Bitcoin backed loans, then we may have a winning combination.
Once you have a compelling solution to offer to hospitality businesses, then selling becomes much easier.
The sales pitch:
Replace your existing Merchant and Bank, the costs will be significantly less and you get the ability to borrow unsecured fused Bitcoin+Fiat loans up to a percentage of your equity for minimum periods of 4 years. The merchant keeps the majority of the percentage increase in valuation of the Bitcoin and the company keeps the remainder + fees.
Does that sound interesting?