Middle Eastern Restaurant Chain Converts Entire Reserves to Bitcoin.

The revolution is happening already:

As a small company that started in London Ontario Canada we operate 4 corporate locations and 3 Franchise locations about to open up in Ontario. We just converted our entire cash reserves that were originally used as savings into Bitcoin.

1) Going through the crisis of March business was tough on us & people were scared to go out to eat. My cousin, my brother & I let a significant amount of our partners (employees) go and were working day and night to keep the restaurants afloat.  

 

2) It was very tough especially that we are going through an expansion phase. With strong will, long hours and determination we were able to keep all of our restaurants cash flow positive. But we were faced with one big problem.

 

3) The government assistance programs in Canada made it very hard for us to bring back our partners (employees) as they were making more money staying at home and not working. All of a sudden we went from an economic crisis to everyone having a lot of money Including us.  

 

4) 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 the economy that cash would be worth less.  

 

5) Personally I have been an investor with my personal account over the years. I’ve come across #bitcoin several times but never really paid attention to it thanks to my investor idol @WarrenBuffett calling it rat poison...

 

Follow the whole thread, incredible read how an owner of a small restaurant chain decided Bitcoin is the best hedge to safe the whole company. And the best part? This is only the beginning. HODL!  

Thank you guys for reading, liking, following, and tipping. Extremely appreciated! 👍