Why Bitcoin is fast-becoming a valuable tool for Gloucestershire businesses
New legislation from Government aims to change how we all view cryptocurrency, not just as a source of investment but as a valuable tool for business. Joe David, of Nephos Group, explains.
Gloucestershire has long been full of entrepreneurial spirit - from vibrant independent cafés and family-run shops to tech-savvy startups and digital creatives, writes Joe David, of Nephos Group.
As this landscape continues to evolve, so too do the tools available to business owners.
One that’s quietly gaining traction - yet still widely misunderstood - is Bitcoin.
At Nephos Group, based here in Cheltenham, we work closely with businesses across sectors, helping them navigate financial decisions, tax obligations, and emerging technologies.
Through our crypto accounting arm, Myna, we’ve seen an increasing number of conversations centered on Bitcoin - not as a speculative investment, but as a practical tool for businesses.
So, why are some companies choosing to accept it?
A niche market with surprising value
Bitcoin users - often called Bitcoiners - represent a small but growing community. What makes them interesting from a business perspective is their loyalty. Many actively seek out companie…
