You may have spotted the mention of a Bitcoin discount in the rate section on the homepage, and this most likely led to the question of: Why Bitcoin?

Bitcoin was designed (and brought online in 2009) as an alternative to existing money systems. Not just payments or retail banking, but the entire global financial system and all that falls under it. That’s a tall order, and there is much debate over whether it’s possible.

Lofty goals aside, there are many who believe Bitcoin has a bright future and are have use cases for it today. ScaleBright Solutions is among them. (We consider ourselves a True Believer when it comes to Bitcoin.) We and others are such fans that we’re willing to offer substantial discounts for our services if you’re willing to pay us with Bitcoin. And so is the simplest use case: getting discounts and saving money!

A related use case is sending and receiving payments. Cheques are notorious for getting lost in the mail and taking days (or weeks!) to clear. E-transfers are convenient, but require an account at a participating Canadian bank. And Paypal, Western Union, and credit card processors charge enormous fees. By comparison Bitcoin is fast, cheap, and is transmittable to anywhere in the world.

Bitcoin is also excellent for medium and long term savings. Here’s a chart comparing 5 year holds of S&P TSX and Bitcoin:

I spent an inordinate amount of time checking the formulas and the source data as the chart looks so ridiculous as to be unbelievable. I’ve attached the Excel file here so you can check my work as well: Bitcoin For Your Business.xlsx

If any of this interests you, reach out to us via the contact details on the homepage. We’re here to help!