We Accept Bitcoin
Sound money for sound repairs
Our First Bitcoin Payment
On June 21, 2019, Instakyle accepted its first Bitcoin payment for a device repair — 1,007,783 sats, valued at $100.03. With Bitcoin priced at $9,925 that day, our customer chose to pay in the hardest money ever created.
A sat (short for satoshi) is 1/100,000,000 of a Bitcoin — the smallest unit, named after Bitcoin’s pseudonymous creator.
The Power of Deflation
In a world of inflation, your dollars buy less every year. Bitcoin flips this on its head. Because Bitcoin’s supply is permanently fixed at 21 million coins — with no central authority able to print more — its purchasing power tends to increase over time. This is deflation, and it’s a feature, not a bug.
Our first Bitcoin payment is living proof. The same 1,007,783 sats that were worth $100.03 in 2019 are now worth $644.26. That’s 544.1% more purchasing power — without raising a single price.
What This Means for Pricing
As a business, we reduce our Bitcoin price to reflect the growing purchasing power of the network. A $100 repair that cost 1,007,783 sats in 2019 would now cost only 156,426 sats — a 84.5% reduction.
Our Bitcoin Strategy
Balance Sheet Reserve
We hold Bitcoin on our balance sheet as a way to grow our company without exploitative business tactics. Rather than raising prices, taking on debt, or cutting corners, we build value through sound money.
Daily Conversion
We convert a percentage of our daily sales to Bitcoin, letting our savings appreciate alongside the network. Every transaction strengthens our foundation.
Lightning Payments
Pay for repairs instantly over the Lightning Network. Near-zero fees, instant settlement, and the same security guarantees as the Bitcoin base layer.
You Already Know How to Pay with Bitcoin
If you’ve ever sent money on Venmo or Cash App and scanned a QR code, congratulations — you’re basically a Bitcoin expert already. We use Square and Cash App to accept Bitcoin, so the experience is just as simple as any other digital payment.
Open Cash App
Tap the Bitcoin tab in Cash App. If you don’t have any Bitcoin yet, you can buy as little as $1 right inside the app.
Scan Our QR Code
At checkout, we’ll show you a QR code. Just scan it with Cash App the same way you’d scan a Venmo or Cash App code.
Confirm & Done
Review the amount, hit send, and you’re done. The payment settles instantly over the Lightning Network. No bank holds, no processing delays.
No crypto wallets, no seed phrases, no technical knowledge required. If you can tap “Send” on your phone, you can pay with Bitcoin at Instakyle.
Why We Believe
We love Bitcoin for its deflationary and incorruptible monetary properties.
We believe that the daily volatility is a sign of a healthy asset finding its equilibrium. When you zoom out 4+ years, a clear pattern of steady value growth emerges.
Bitcoin isn’t just a payment method — it’s a statement about the kind of business we want to be.
Ready to Pay with Bitcoin?
Book a repair or get in touch to learn more about Bitcoin payments at Instakyle.
Price updated 4:56:58 PM