Borderless Payments Infrastructure For Your Business

Musqet offers a service that makes it easy for merchants to accept bitcoin for goods and services without being a custodian of the Merchant's funds. We provide the merchant with a reliable network node in the cloud and applications to send and receive bitcoin through their node.

In just a few minutes you can set yourself (and your staff) up to receive bitcoin in your business.

You can choose to save the bitcoin as an asset on your company treasury, or exchange it to GBP (for UK Merchants) sent to your bank account using our exchange partner (coming soon!).

Musqet is based in the UK and we are initially aiming to support Merchants in the UK but Bitcoin is global and our bitcoin only services can be used anywhere or by anyone that isn't restricted by UK sanctions and export control laws or are from a jurisdiction where they are not subject to local restrictions or prohibitions.

With Musqet, you receive a self-sovereign Bitcoin node on the Lightning Network. This means that you are in control of the funds you receive and neither Musqet nor anyone else is able to take or move your money without your explicit consent.

The Lightning Network uses a system whereby 'payment channels' are established and pre-funded to allow a seamless flow of funds without excessive fees or data usage, regardless of how busy the network is. We ask for information about your sales in order to set the appropriate size for the payment channel. If your payment channel is too small, you will either be unable to receive larger payments or will pay additional fees when receiving larger payments. For more information on how payment channels work and are used in your Musqet payment infrastructure, click here.

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution."

1. It is more scarce than gold. While there is an unknown and vast amount of gold in the universe, there will never be more than 21 million bitcoin.
2. It has a better Stock to Flow ratio. This is the ratio between the current supply in circulation and the new supply arriving, like all the gold/bitcoin in existence vs new gold/bitcoin being mined.
3. It is digital and this means that it is free and easy to store (no Fort Knox required), and can travel as fast as electronic communications from one person to another directly anywhere in the world.

"As a thought experiment, imagine there was a base metal as scarce as gold but with the following properties:

• boring grey in colour
• not a good conductor of electricity
• not particularly strong, but not ductile or easily malleable either
• not useful for any practical or ornamental purpose

and one special, magical property:

• can be transported over a communications channel"

Many other types of cryptocurrencies and digital assets have been created since Bitcoin began.

Some of them started by copying Bitcoin's open source code and tweaking a parameter or two to differentiate it, others are a complete redesign with a focus on providing some other utility.

What happens in reality is that changing one parameter of Bitcoin just makes it worse in several other ways.

Almost all of these cryptocurrencies were created to enrich the founders and early investors by issuing tokens to themselves before they launched, which may be fine for securities, but is immoral to do with money.

Everyone has to either earn or buy bitcoin, including it's inventor.

None of these other digital assets so far have been found to be a better peer-to-peer electronic cash and store of value without the need for permission from any third parties that can only be issued to those that can prove that they did work for it.

There is no second best crypto asset!