Tahini, Bitcoin, and Inflation: A New Yorker's Take on a Surprising Trio

Explore the unexpected intersection of Tahini's restaurants, Bitcoin adoption, and inflation, uncovering key insights and future trends.

Yo, what's up, New York? Let's dive into a wild combo: Tahini, Bitcoin, and inflation. Sounds like a bizarre food truck special, right? But trust me, it's a real thing, and it's kinda blowing my mind.

Tahini's: From Falafel to Bitcoin Mogul

So, there's this Canadian fast-casual joint called Tahini's, slingin' Mediterranean and Middle Eastern grub. What's their secret sauce? Bitcoin, baby! They went all-in back in 2020, and now Bitcoin makes up over 70% of their reserves. Seriously? 70%!

These guys aren't playin'. Omar Hamam, the CEO, said Bitcoin's been crucial in their expansion to 62 restaurants in just over a decade. They're up against giants like McDonald’s and Chipotle, and Bitcoin's given them a financial edge. Talk about thinkin' outside the sesame seed box!

Aly's Inflation Revelation

The Bitcoin strategy was all Aly Hamam. He's seen the Egyptian pound get hammered by inflation, and it messed with his family big time. That's why, when Bitcoin crashed in March 2020, he saw an opportunity. He started buyin', fell down the rabbit hole, and never looked back.

He orange-pilled his fam and business partners, and they started stashin' company reserves in Bitcoin. The real kicker? Michael Saylor's endorsement. Once Saylor jumped in, Tahini's went full send.

Bitcoin as an Inflation Hedge: Does It Really Work?

The Hamams saw the money printer goin' brrr during COVID-19 and knew inflation was gonna be a beast. Bitcoin, with its limited supply, seemed like the perfect hedge. And get this, they just kept buyin' every month, regardless of the price. Dollar-cost averaging, baby! It's simple, but it works.

Now, is Bitcoin a foolproof inflation shield? Well, it's not that simple. Recent crypto market analysis shows Bitcoin trading sideways, with cooling demand and cautious sentiment. But hey, even with volatility, the $93,000–$100,000 zone has been a strong support level. As long as it holds above that, the bullish trend’s intact.

Bitcoin Payments: Still a Struggle

Tahini's tried acceptin' Bitcoin payments at their restaurants, but it was a mess. POS systems are closed-source and don't play nice with Bitcoin. Plus, merchants need all sorts of features, and Bitcoin payment systems just aren't there yet. So, they put Bitcoin ATMs in some of their spots instead. Smart move!

The Whale Effect

Here's another piece of the puzzle: Bitcoin whales are quietly stackin' sats. Accumulation activity's been up since Bitcoin bottomed out in April. Historically, whale activity often precedes bullish price movements. Could be nothin', could be somethin'.

Final Thoughts: A Bullish Glimpse into the Future?

So, where does this leave us? Geopolitical tensions are easing, and inflation expectations are down. Some analysts are predictin' a bullish close for Bitcoin this month. It looks like a good time to buy bitcoin leverage and trade btc futures, eth futures and sol futures.

Tahini's story is a wild one. They saw a problem (inflation), found a solution (Bitcoin), and went all-in. It's risky, sure, but it's also kinda genius. Whether you're a Bitcoin believer or a skeptic, you gotta admit, this is one tasty financial experiment.

Alright, New York, that's the lowdown. Keep stackin' those sats (or at least enjoy some good tahini), and stay frosty!