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Topic: Do you have an idea to invest your bitcoin in offline business? - page 20. (Read 33476 times)

sr. member
Activity: 868
Merit: 259
Now my main earnings come from the Internet. But I understand that this is risky. Therefore, I plan to open a business offline.
I want to open a cafe where you can spend bitcoins

Remember that it is not online source is risky, in every investments all of them are risky like the cafe that you are planning to do so. And that's a very good idea that you will have to accept bitcoins so that bitcoin users can simply go to your cafe and pay you with their bitcoins. For sure other cafe's near you will adopt it when they figured out that you have the payment method.
That's competition, when your cafe accept bitcoin and other cafes do the same, it means that bitcoin will be more accepted so you will be easier to use bitcoin as the payment.


The competition will be tough but if you are the only cafe that has that feature of method for accepting bitcoin. Maybe you can attract more crypto customers and those other customers that are curious with bitcoin will have a time to know how it can make them save a lot of time and effort for adopting this currency.

What country are you from and why do you think there will be lots of crypto customers for his cafe to make it have the advantage against his competition in the cafe business? Im not here to judge you, so out with it, what country are you from?

Im guessing youre from India or Bangladesh.  Are there enough BTC users there to justify starting a cafe that accepts BTC?
I would actually advice to not say that implementing bitcoin as a payment option will be something that may attract many new customers, the amount of people using crypto is really small right now, especially compared to the world population.

I think that even in such a country like US or Great Britain something like that would not change a lot, it just seems like a stupid idea to start a shop/company that rely on bitcoin, unless you want to make it an online service or something.

Paying with bitcoin on streets is still rare, the fees and confirmations make micropayments less attractive, for example I dont even use something like that.

Yeah, sometimes I cant find a reason why they keep saying that a normal, offline shop would benefit a lot by accepting cryptocurrencies. Then the moment you ask them why they cant answer you and start ignoring you.
full member
Activity: 189
Merit: 100
I am ready to invest in the purchase of real estate. This is always beneficial and relevant. It is best to choose a place in the city center, and then rent it out for an office. For this, I collect bitcoins
hero member
Activity: 952
Merit: 513
Now my main earnings come from the Internet. But I understand that this is risky. Therefore, I plan to open a business offline.
I want to open a cafe where you can spend bitcoins

Remember that it is not online source is risky, in every investments all of them are risky like the cafe that you are planning to do so. And that's a very good idea that you will have to accept bitcoins so that bitcoin users can simply go to your cafe and pay you with their bitcoins. For sure other cafe's near you will adopt it when they figured out that you have the payment method.
That's competition, when your cafe accept bitcoin and other cafes do the same, it means that bitcoin will be more accepted so you will be easier to use bitcoin as the payment.


The competition will be tough but if you are the only cafe that has that feature of method for accepting bitcoin. Maybe you can attract more crypto customers and those other customers that are curious with bitcoin will have a time to know how it can make them save a lot of time and effort for adopting this currency.

What country are you from and why do you think there will be lots of crypto customers for his cafe to make it have the advantage against his competition in the cafe business? Im not here to judge you, so out with it, what country are you from?

Im guessing youre from India or Bangladesh.  Are there enough BTC users there to justify starting a cafe that accepts BTC?
I would actually advice to not say that implementing bitcoin as a payment option will be something that may attract many new customers, the amount of people using crypto is really small right now, especially compared to the world population.

I think that even in such a country like US or Great Britain something like that would not change a lot, it just seems like a stupid idea to start a shop/company that rely on bitcoin, unless you want to make it an online service or something.

Paying with bitcoin on streets is still rare, the fees and confirmations make micropayments less attractive, for example I dont even use something like that.
sr. member
Activity: 868
Merit: 259
Now my main earnings come from the Internet. But I understand that this is risky. Therefore, I plan to open a business offline.
I want to open a cafe where you can spend bitcoins

Remember that it is not online source is risky, in every investments all of them are risky like the cafe that you are planning to do so. And that's a very good idea that you will have to accept bitcoins so that bitcoin users can simply go to your cafe and pay you with their bitcoins. For sure other cafe's near you will adopt it when they figured out that you have the payment method.
That's competition, when your cafe accept bitcoin and other cafes do the same, it means that bitcoin will be more accepted so you will be easier to use bitcoin as the payment.

The competition will be tough but if you are the only cafe that has that feature of method for accepting bitcoin. Maybe you can attract more crypto customers and those other customers that are curious with bitcoin will have a time to know how it can make them save a lot of time and effort for adopting this currency.

What country are you from and why do you think there will be lots of crypto customers for his cafe to make it have the advantage against his competition in the cafe business? Im not here to judge you, so out with it, what country are you from?

Im guessing youre from India or Bangladesh.  Are there enough BTC users there to justify starting a cafe that accepts BTC?
hero member
Activity: 1008
Merit: 531
Now my main earnings come from the Internet. But I understand that this is risky. Therefore, I plan to open a business offline.
I want to open a cafe where you can spend bitcoins
Using your savings, or returns made from bitcoin related activities to build a cafe, is a brilliant idea.
Holding bitcoins may give you really nice gains just from having your money frozen, but investing them in such a business will bring you something stable, that you can rely on as a source of income.

That is why i have always thought about starting some real, legit company which would be funded by bitcoin at least partly, but that is just i dream about, it is most likely not going to happen.
hero member
Activity: 2996
Merit: 600
Eloncoin.org - Mars, here we come!
Now my main earnings come from the Internet. But I understand that this is risky. Therefore, I plan to open a business offline.
I want to open a cafe where you can spend bitcoins

Remember that it is not online source is risky, in every investments all of them are risky like the cafe that you are planning to do so. And that's a very good idea that you will have to accept bitcoins so that bitcoin users can simply go to your cafe and pay you with their bitcoins. For sure other cafe's near you will adopt it when they figured out that you have the payment method.
That's competition, when your cafe accept bitcoin and other cafes do the same, it means that bitcoin will be more accepted so you will be easier to use bitcoin as the payment.

The competition will be tough but if you are the only cafe that has that feature of method for accepting bitcoin. Maybe you can attract more crypto customers and those other customers that are curious with bitcoin will have a time to know how it can make them save a lot of time and effort for adopting this currency.
sr. member
Activity: 868
Merit: 259
Now my main earnings come from the Internet. But I understand that this is risky. Therefore, I plan to open a business offline.
I want to open a cafe where you can spend bitcoins

What country are you from and how big is your market in your country? I predict that you will have very little sales made paid in BTC. The biggest chunk of your sales will come from cash and credit cards making BTC not matter for your cafe. You can take BTC acceptance out and it will not affect your sales in anyway. It will be that negligent.
hero member
Activity: 812
Merit: 501
Now my main earnings come from the Internet. But I understand that this is risky. Therefore, I plan to open a business offline.
I want to open a cafe where you can spend bitcoins

Remember that it is not online source is risky, in every investments all of them are risky like the cafe that you are planning to do so. And that's a very good idea that you will have to accept bitcoins so that bitcoin users can simply go to your cafe and pay you with their bitcoins. For sure other cafe's near you will adopt it when they figured out that you have the payment method.
That's competition, when your cafe accept bitcoin and other cafes do the same, it means that bitcoin will be more accepted so you will be easier to use bitcoin as the payment.
hero member
Activity: 2996
Merit: 600
Eloncoin.org - Mars, here we come!
Now my main earnings come from the Internet. But I understand that this is risky. Therefore, I plan to open a business offline.
I want to open a cafe where you can spend bitcoins

Remember that it is not online source is risky, in every investments all of them are risky like the cafe that you are planning to do so. And that's a very good idea that you will have to accept bitcoins so that bitcoin users can simply go to your cafe and pay you with their bitcoins. For sure other cafe's near you will adopt it when they figured out that you have the payment method.
sr. member
Activity: 275
Merit: 250
Now my main earnings come from the Internet. But I understand that this is risky. Therefore, I plan to open a business offline.
I want to open a cafe where you can spend bitcoins
sr. member
Activity: 319
Merit: 250
i still dont have such an idea, but i think it is very good move to invest the crypto profits into something more stable, like a business made by yourself.

Yeah, it is a good idea, but it is hard for those country's people where bitcoin is not use in open market. We use bitcoin for offline business only in those place, where people exchange it easily. Also in my country it is really hard to use it for offline business. That's why, i don't agree to use it for offline business, but i accept, it is good idea.

You can afford to invest bitcoins in offline business only if people around you are aware about bitcoins and are willing to spend their bitcoins and if none of them is aware about it then there is no point in investing in it as it will never  give you profits as to make profits you also need to get enough traffic from customers.
hero member
Activity: 812
Merit: 500
i still dont have such an idea, but i think it is very good move to invest the crypto profits into something more stable, like a business made by yourself.

Yeah, it is a good idea, but it is hard for those country's people where bitcoin is not use in open market. We use bitcoin for offline business only in those place, where people exchange it easily. Also in my country it is really hard to use it for offline business. That's why, i don't agree to use it for offline business, but i accept, it is good idea.
hero member
Activity: 714
Merit: 500
yes, now I'm trying to collect bitcoin to build a tavern or cafe, because at this time, shop or cafe is very much demand. so, I would probably make one shop or café favored by many people using bitcoin. Well, maybe it's the only shop in my place that will accept bitcoin as a means of exchange.
A wonderful plan, but if there are still many of communities that don't know about Bitcoin,
I think it's very difficult to advance your Cafe business with Accepted Bitcoin. We are know that
accepted Bitcoin in the real business (in Offline) is hard, Because the people still lack knowledge about Bitcoin

Very clearly, everyone would use or accept something if indeed they also already understand about what they use. But I think they have a pretty good insights will surely try out or accept bitcoin, and also if the owner should accept bitcoin cafe then every customer should be offered to use the bitcoin or maybe at one point providing information about bitcoin so that after they read it properly then there is a chance the next day will be using bitcoin
 
sr. member
Activity: 420
Merit: 282
From now, I have no idea if the bitcoin have an offline business. Because all I know is bitcoin currency was earn thru online, However if bitcoin have an offline business well I'am interested because it was a good opportunity to earn bitcoin even online and offline. It also possible that more businessman/ businesswoman were become interested to this opportunity.
legendary
Activity: 1596
Merit: 1011
Making an offline business in the real world according to our hobby will be much more fun. We will be able to work easily and also calm down. Hobby work is a dream of every person in the world.
sr. member
Activity: 406
Merit: 250
I have working experience in boutique and medical and if I want to do anything business like with my bitcoin it should be in this two areas.  The problem though is what many people has said here "bitcoin is not accepted as a mode of financial transactions"
Fashion business is profitable business. If you have a great collection of clothes you can sell it online you can accept bitcoin as the payment besides that you can also accept $$
OP asking for offline business and i do not think offline business will work bitcoin as mode of payment because not all people are using bitcoin as of now. I think its possible that all your eanings in bitcoin will start up a small offline business like grocery stores, fashion and accessories.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
I have working experience in boutique and medical and if I want to do anything business like with my bitcoin it should be in this two areas.  The problem though is what many people has said here "bitcoin is not accepted as a mode of financial transactions"
Fashion business is profitable business. If you have a great collection of clothes you can sell it online you can accept bitcoin as the payment besides that you can also accept $$
Op has requested about the ideas on offline bitcoin acceptance into business platforms and make profit out of the same. In my view fashion industry is a good way to make good business online and offline, but can't expect the profit in a short time span. The profiting increases with respect to time when more and more users starts using bitcoin.
hero member
Activity: 812
Merit: 501
I have working experience in boutique and medical and if I want to do anything business like with my bitcoin it should be in this two areas.  The problem though is what many people has said here "bitcoin is not accepted as a mode of financial transactions"
Fashion business is profitable business. If you have a great collection of clothes you can sell it online you can accept bitcoin as the payment besides that you can also accept $$
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
I have working experience in boutique and medical and if I want to do anything business like with my bitcoin it should be in this two areas. My arm is buying clothes from foreign countries, those boutique that may accept bitcoin and sell it in my country on fiat currency. The problem though is what many people has said here "bitcoin is not accepted as a mode of financial transactions"

You can grow your money in bitcoins and exchange to fiat your bitcoins to invest in your offline business. Indirectly you are investing your bitcoins, and it's being bery helpful if you don't have fiat money to invest and start your business.
Many strategist businessmen are doing this as they can increase their earnings in a combo bitcoin investment + offiline business working.
sr. member
Activity: 924
Merit: 260
I have working experience in boutique and medical and if I want to do anything business like with my bitcoin it should be in this two areas. My arm is buying clothes from foreign countries, those boutique that may accept bitcoin and sell it in my country on fiat currency. The problem though is what many people has said here "bitcoin is not accepted as a mode of financial transactions"
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