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Topic: Cryptocurrency could help your business or not? - page 20. (Read 2026 times)

jr. member
Activity: 154
Merit: 2
Adonx.one
it all depends also from the governments of each country, if there is support from the government, then bitcoin will reach its peak.
hopefully bitcoin be good news for all of us.
newbie
Activity: 36
Merit: 0
I think it could help to take away some barriers like exchanging money, high costs of business banking accounts and bring some benefits in combination with IOT, smart phones etc. But first some barriers have to be overcome. A stable price, faster transactions, a broader acknowledgement, regulation etc. etc. On the other hand entrepeneurs can help integration as well and can take some sort of risk and show true entrepeneurship. Take the risk of a less stable coin and speculate, offer bonuses or discounts by paying with crypto or even tokenize their business model by either using existing chains or existing DApps or even build something of their own.
hero member
Activity: 774
Merit: 503
Crypto currencies could help the business grow specifically with its working capital. If the owner invest in bitcoin amd generate 100% of investment that profit could be used in expanding the business and most probably right now many businessmen are investing in bitcoin for the possible earnings they might get.
sr. member
Activity: 2408
Merit: 357
If someone uses bitcoin as a mode of payment on their business probably online business, its still a profit if it is for long time. People would probably buy an item with the same amount of their currency equivalent to bitcoin. This is just like paying normal currency even the value would go up or down. The thing is that when you are the seller and got paid when bitcoin is down, when the market comes up, you will profit.
full member
Activity: 392
Merit: 100
platform for everyday business
I was doing some research online and I stumbled on this kind of news. https://news.bitcoin.com/since-embracing-bitcoin-robinhood-app-value-jumps-to-5-6-billion/

The article said that robinhood app after embracing cryptocurrency have its value jumped to 6 billion dollars after embracing bitcoin. This is a good sign that more and more people are engaging into bitcoin. If more business will enter into the world of cryptocurrency and will bring back the original purpose of cryptocurrency as a medium of exchange rather than just and object of income and a trading item then surely we could revolutionized the world of finance and economy.

With robinhood as an example do you think there will be more business online that will boom and will not go bankrupt due to cryptocurrency?

I guess its hard to determine such facts base on one example so let us wait for the future to unveil itself.

Actualy cryptocurrency is the big impact for growing bussiness economy by means of capitalize country,but in some opinion of other prominent local bussinesman,its is a big threats to there own local investment,because they thinks its a big rival of there own bussiness industry,just like warren buffet and bill gates opinion,thats why they make some bad words about digital currency investment in order the people would not like  the crypto system investment.
jr. member
Activity: 224
Merit: 1
“Revolutionizing Brokerage of Personal Data”
I was doing some research online and I stumbled on this kind of news. https://news.bitcoin.com/since-embracing-bitcoin-robinhood-app-value-jumps-to-5-6-billion/

The article said that robinhood app after embracing cryptocurrency have its value jumped to 6 billion dollars after embracing bitcoin. This is a good sign that more and more people are engaging into bitcoin. If more business will enter into the world of cryptocurrency and will bring back the original purpose of cryptocurrency as a medium of exchange rather than just and object of income and a trading item then surely we could revolutionized the world of finance and economy.

With robinhood as an example do you think there will be more business online that will boom and will not go bankrupt due to cryptocurrency?

I guess its hard to determine such facts base on one example so let us wait for the future to unveil itself.

I don't understand what exactly do you mean. There are the business working solely on blockchain projects, so yes, without crypto, they couldn't exist. SOmetimes crypto can be a good side business too
newbie
Activity: 98
Merit: 0
Well, business will certainly become more, crypto currency is a good impetus to the development of its business. Of course the most popular option is the ICO, where you can raise funds for your business by presenting yourself well, and having advertised the project that you are about to launch.

In my opinion, cryptocurrency will help businesses in term of making payments online it will make business owners  life more easier to transact from other businesses.
full member
Activity: 686
Merit: 108
It really helps a lot for those people who want to start a small scale business. Cryptocurrency will be their financial support to their business. Aside from that, a single person can do his/her business while also doing crytocurrency.
Its too risky for the small business to use cryptocurrency simply because this is not yet recognized around the world and especially when your business is located in a not so advance city. Adopting cryptocurrency as mode of payment in your business can only be suit if you have larger capital simply because this market is highly volatile but for sure in the long run you idea to accept cryptocurrency will be great.
full member
Activity: 294
Merit: 107
I'm not running any sort of business but I think that Bitcoin and other cryptocurrencies could help some of them financially. If you have a shop in a large city then accepting Bitcoin would be something that could attract more customers. There are even websites which are forced to closed because of banks and PayPal closing accounts. Your Bitcoin address can't be blocked or deleted.
full member
Activity: 461
Merit: 100
It really helps a lot for those people who want to start a small scale business. Cryptocurrency will be their financial support to their business. Aside from that, a single person can do his/her business while also doing crytocurrency.
sr. member
Activity: 518
Merit: 250
Yes we can just wait in time and see what will happen next, anyways I think cryptocurrencies can help your business in the future because as a lot of people are hodling these digital currencies they can be used in the future too once establishments will be accepting cryptocurrencies. So it will be an advantage for those who have businesses to add that to their business.
jr. member
Activity: 63
Merit: 1
Well, business will certainly become more, crypto currency is a good impetus to the development of its business. Of course the most popular option is the ICO, where you can raise funds for your business by presenting yourself well, and having advertised the project that you are about to launch.
newbie
Activity: 65
Merit: 0
yes definitely it can, cryptocurrency has a great potential that could help the business the main reason is the transfer of funds its purely hassle less anywhere and everywhere in few minutes.
True, Cryptocurrency has a great potential but one thing i need to say is that cryptocurrency money is not really yours until yo actually convert it to your local currency due to the rise and fall of the market. Learnt that in a hard way  Angry
jr. member
Activity: 115
Merit: 2
for me it helps alot because im a young businessman and at first i have no one and nothing to rely on where to get my funds until i come up with bitcoin. bitcoins help me to get initial funds to start up and get my business kicking now, as a vegetable seller and my own internet cafe .
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
cryptocurrency will help our business if we give a new solution payment type for our customer so they can pay with cryptocurrency. this will also give another benefit to us which we can reach more people to buy something in our business. I think people will like to try to pay with cryptocurrency and they will see that with cryptocurrency, they don't have to carry fiat to everywhere and they only need a wallet which they can install on their Android phone so they can directly pay the product.
member
Activity: 131
Merit: 10
I think that the move to crypto will be difficult but soon every business will understand that it has a lot of benefits and it is a must to change to crypto. The way of making transactions is very convenient and simple
sr. member
Activity: 373
Merit: 250
The higher the price of Bitcoin, the more businesses there are to emerge. Bitcoin is a technology that can lead an industry. It can be applied to more industries, such as finance, real estate, physical goods, etc., which takes time. get on.
Cryptocurrency really can help and support my.business  grows. Accepting crypto or btc as payment,.may support and increase sale volume and improve service to customers.Besides that crypto and its technology can be used to support other business like banking and financial sector or other industry.
newbie
Activity: 238
Merit: 0
Electronic money can help startups. have a capital to start a business.
 Grin Grin Grin Grin
copper member
Activity: 308
Merit: 0
It depends on what kind of business you are handling and what is the strategy you are using to help your business with cryptocurrencies.
sr. member
Activity: 406
Merit: 255
Cryptocurrencies can help any business. Cryptocurrencies help us to have additional income. Our purchasing power is growing. This stimulates the real economy and creates new jobs. But if the economy completely turns into a shadow due to the use of cryptocurrencies, then there may be problems.
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