Why businesses should care about Bitcoin and crypto

I’m Jimi Fitz, also known as Crypto Fitz, and one of my favorite things to do is get out into the community and answer real questions about Bitcoin and crypto.

In this segment, Fitz sat down with Jose Hernandez of Cornisa Custom Cabinets, who asked: Why should we consider crypto? What’s the hype, and will businesses need crypto to buy and receive payments?

“Great question, Jose,” Fitz said. “Part of the deal is we have to distinguish between Bitcoin and crypto. Bitcoin has a capped supply of 21 million, it’s digital gold and a hedge against inflation. Other cryptos vary—some have great utility, others are more like collectibles.”

Fitz explained that a new Senate bill, expected to be signed by President Trump, will soon define exactly what falls under crypto commodities, securities, collectibles, and currencies. That clarity, he said, will give businesses more confidence in how crypto can be used.

“Eventually, yes, businesses are going to need to take Bitcoin and other crypto for goods and services. It’s already happening,” Fitz noted. “Home Depot, Lowe’s, and others are gearing up with point-of-sale access. Remember the first time you saw someone pay with their phone at Starbucks? That’s what’s happening now with crypto.”

Fitz emphasized that accepting Bitcoin protects against inflation, which erodes savings over time, and that business owners could be surprised at the number of clients ready to pay in Bitcoin.

Thanks to Tradition Upholstery and Cornisa Custom Cabinets, where these community interviews were filmed.

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