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Topic: Do you have an idea to invest your bitcoin in offline business? - page 26. (Read 33696 times)

legendary
Activity: 2898
Merit: 1006
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in the future these things are very possible to do so but with only the exceptions that bitcoin users will increase more than now because more demands which mean more opportunity to get profit from business and i have a dream maybe someday will make a restaurant or offline stores which accept bitcoin as the payment method and i wish i would able to do that
hero member
Activity: 3080
Merit: 603
As I know most bitcoin users still focus on online business like trading, faucets and online store. If you have enough bitcoin would you invest your bitcoin in offline business like aggricultural Industry, Culinary or may be tourism Industry?

Bitcoin will be known by a lot of people if most bitcoin users use the bitcoin to do offline business. You can use your bitcoin for funding or payment. When your government prohibit bitcoin you can use bitcoin as funding option. I think if you can make sustainable and profitable offilne business there will be a lot of investors from bitcoin comunity who want to take a part in your businsess. Do you think this idea is possible?



I like to invest on an offline business but I don't want to focus with those 3 that you have mentioned. Since agricultural business is applicable in my place but I don't want to make myself dwell with it. There are more types of businesses that I can invest with my bitcoins when it comes to offline. I wanted to be into sales by using the fund I got for buying and selling.
sr. member
Activity: 868
Merit: 259
As I know most bitcoin users still focus on online business like trading, faucets and online store. If you have enough bitcoin would you invest your bitcoin in offline business like aggricultural Industry, Culinary or may be tourism Industry?

Bitcoin will be known by a lot of people if most bitcoin users use the bitcoin to do offline business. You can use your bitcoin for funding or payment. When your government prohibit bitcoin you can use bitcoin as funding option. I think if you can make sustainable and profitable offilne business there will be a lot of investors from bitcoin comunity who want to take a part in your businsess. Do you think this idea is possible?



I like to invest on an offline business but I don't want to focus with those 3 that you have mentioned. Since agricultural business is applicable in my place but I don't want to make myself dwell with it. There are more types of businesses that I can invest with my bitcoins when it comes to offline. I wanted to be into sales by using the fund I got for buying and selling.

I have one question that all the posters here failed to answer. So this question goes to all of you who says you want to invest BTC in an offline business. Where do you get your Bitcoins that youre wanting to invest in an offline business?

Not from your signature campaigns I hope because that would be too funny.
hero member
Activity: 2926
Merit: 722
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I'd love to invest my bitcoin in an offline business but we all know that it is not accepted widely so If I'm going to fund an offline

business I will have to convert my bitcoin to cash and I won't do that because If I do I can no longer increase the $ amount of

bitcoins.  I said to myself that I will keep my bitcoins for a long term.
Now the  bitcoin price is going up. That's a good idea too. Convert bitcoin to fiat money and invest in off line business just an idea. If you think keeping bitcoin is more profitable that's Ok.
We do have our own decision regarding on how we gonna use our bitcoin some may sell some mey hold for even longer since they do believe on bitcoins potential in longer years.As of now using bitcoin directly to make offline business isnt possible since you will need to cash or exchange it first to fiat before you could able to do so.
hero member
Activity: 812
Merit: 501
I'd love to invest my bitcoin in an offline business but we all know that it is not accepted widely so If I'm going to fund an offline

business I will have to convert my bitcoin to cash and I won't do that because If I do I can no longer increase the $ amount of

bitcoins.  I said to myself that I will keep my bitcoins for a long term.
Now the  bitcoin price is going up. That's a good idea too. Convert bitcoin to fiat money and invest in off line business just an idea. If you think keeping bitcoin is more profitable that's Ok.
sr. member
Activity: 868
Merit: 259
I'd love to invest my bitcoin in an offline business

But from where did you get your BTC to fund an offline business? By buying them with fiat, yes? If you want to invest in an offline business why go from fiat to BTC then back to fiat? There is no need for BTC. Just invest in an offline business straight with fiat.



Yes, converting from fiat to bitcoin is cool idea and setting up them an offline business is a good deal. Day to Day bitcoin user are keep increasing so there will be huge customers for your business. Advertise your local business in different way by promoting as we are accepting bitcoin and fiat currency.

We are talking about why funding an offline business with Bitcoin is nonsensical. Please read the arguments and the discussions before you answer.

But since you brought up another point. I will say that you are wrong. It makes no sense to to set up an offline business that accepts BTC because no one would use it. They will use what works. Cash and credit cards. Try setting up your own offline BTC business and see how stupid you will look.
hero member
Activity: 644
Merit: 500
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I'd love to invest my bitcoin in an offline business

But from where did you get your BTC to fund an offline business? By buying them with fiat, yes? If you want to invest in an offline business why go from fiat to BTC then back to fiat? There is no need for BTC. Just invest in an offline business straight with fiat.



Yes, converting from fiat to bitcoin is cool idea and setting up them an offline business is a good deal. Day to Day bitcoin user are keep increasing so there will be huge customers for your business. Advertise your local business in different way by promoting as we are accepting bitcoin and fiat currency.
sr. member
Activity: 868
Merit: 259
I'd love to invest my bitcoin in an offline business

But from where did you get your BTC to fund an offline business? By buying them with fiat, yes? If you want to invest in an offline business why go from fiat to BTC then back to fiat? There is no need for BTC. Just invest in an offline business straight with fiat.

hero member
Activity: 2590
Merit: 644
Yes as of now, I am planning to build a small grocery store and i think that this kind of plan will work because in our area there is no grocery store available and most of the people here go to malls just to buy their grocery and now i can take advantage of that and make some money by building a near grocery store so the lazy kind of person will buy at my store and not to the mall.
legendary
Activity: 1414
Merit: 1001
a lot of choice in doing business in the real world. we can open up a business such as selling various computer devices. Current technological development is increasing, so that computer sales would be easy enough to be marketed in the community.
legendary
Activity: 1652
Merit: 1057
As I know most bitcoin users still focus on online business like trading, faucets and online store. If you have enough bitcoin would you invest your bitcoin in offline business like aggricultural Industry, Culinary or may be tourism Industry?
I am not bothering about online or offline business. But their credibility really matters. We are into this forum and based on this forum I determine one business's trustworthy. If people suggest one services for investments then I will be investing with them. I believe this easy finding of trust worthy people for offline business will not be possible for bitcoin payments.

Investing into offline business is not a big deal. Just buying a reputed company share will get you what you prefer. The only thing must be, they will not accept bitcoin payments.

Honestly, I am not looking for 'bitcoin only investments'.
hero member
Activity: 3066
Merit: 629
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I want to invest to offline business but not with agricultural business but for real properties or land properties. For me, it's more valuable and easy to earn if you do have a lot of lands and you are in a commercial place. It's better to invest to that type of business, the income is very passive so if you do have invested into it, the results is very good.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
I'd love to invest my bitcoin in an offline business but we all know that it is not accepted widely so If I'm going to fund an offline

business I will have to convert my bitcoin to cash and I won't do that because If I do I can no longer increase the $ amount of

bitcoins.  I said to myself that I will keep my bitcoins for a long term.
hero member
Activity: 826
Merit: 500
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Bitcoin is digital and digital only!

Seems hard to me to "invest" btc in anything that is... Real in a material way.
Most of the ways you'll see will need to first convert to fiat. BTC is still faaaaaaaaar behind in terms of importance and recognition...
sr. member
Activity: 868
Merit: 259
Well I know some people that are using bitcoin for their business in real life,
I mean they use bitcoin as a capital for their store's .

Yeah and they have to convert their BTC to fiat, dont they? Technically that makes their BTC investment in real life actually a fiat investment.

This is the second time I heard someone mention they use BTC as capital for their stores. What country do they do it from and what kind of stores are they? I also want to know why theres a need for BTC to start their stores. Why not use fiat directly instead of buying BTC then converting back to fiat again. What role is BTC playing?
The benefit for using Bitcoin instead of Fiat is to have your own bank. With Bitcoin you don't need to rely on any bank in case of high income which need any bank to secure.

I know the benefits. What Im trying to ask is why is there a need to convert fiat to BTC then back to fiat to invest in their stores? Why was there a need to get BTC? Read the other posts in the thread to know what we have been arguing about.

One person here said he uses BTC for his convenience store. Why didnt he use fiat directly? Why did he have to buy BTC or where did he get the BTC?
hero member
Activity: 3010
Merit: 794
Convert bitcoin into fiat money. That's my idea. However your convertion is to fund offline business. Or get croudfunding from bitcoin commnunity to do offline business. By converting into fiat money, offline business which is stable can attract investment instead of deposit into HYIP.
Ill make the same move too on which those bitcoin would be converted to fiat to invest it on offline business since bitcoin isnt popular in my place and its nonsense on building or accepting bitcoin if the people live on your place doesnt even recognize it.

This is the only recourse anyone can do if you plan to invest your bitcoins in offline businesses, unless whatever you need to buy for the business accepts bitcoins then you can proceed using bitcoins. But generally, it's impossible to invest your bitcoins directly to offline businesses.

Ok so technically we are all in the same idea here that fiat is used to invest in an offline business. I have read some people posted that they use BTC to fund their stores. What is that all about? They buy BTC then convert it back to fiat to fund their stores? Where did they get the BTC in the first place if not to buy them from an exchange? Why didnt they use fiat directly?
Then maybe they are longing for the possible profits that bitcoin would give them because price does increase and they have the will to convert their btc to fiat anytime and thats the advantage. When they would directly fund using fiat it would be fixed unlike on buying bitcoin and might hold little bit more value would really be different.
legendary
Activity: 1302
Merit: 1000
Well I know some people that are using bitcoin for their business in real life,
I mean they use bitcoin as a capital for their store's .

Yeah and they have to convert their BTC to fiat, dont they? Technically that makes their BTC investment in real life actually a fiat investment.

This is the second time I heard someone mention they use BTC as capital for their stores. What country do they do it from and what kind of stores are they? I also want to know why theres a need for BTC to start their stores. Why not use fiat directly instead of buying BTC then converting back to fiat again. What role is BTC playing?
The benefit for using Bitcoin instead of Fiat is to have your own bank. With Bitcoin you don't need to rely on any bank in case of high income which need any bank to secure.

The idea is good but to set up a bank we need to make a lot of agreements with the government. Because still now government did not announce anything about bitcoin, so really it is the tough job to set up our own bank.
hero member
Activity: 742
Merit: 500
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Well I know some people that are using bitcoin for their business in real life,
I mean they use bitcoin as a capital for their store's .

Yeah and they have to convert their BTC to fiat, dont they? Technically that makes their BTC investment in real life actually a fiat investment.

This is the second time I heard someone mention they use BTC as capital for their stores. What country do they do it from and what kind of stores are they? I also want to know why theres a need for BTC to start their stores. Why not use fiat directly instead of buying BTC then converting back to fiat again. What role is BTC playing?
The benefit for using Bitcoin instead of Fiat is to have your own bank. With Bitcoin you don't need to rely on any bank in case of high income which need any bank to secure.
sr. member
Activity: 868
Merit: 259
Convert bitcoin into fiat money. That's my idea. However your convertion is to fund offline business. Or get croudfunding from bitcoin commnunity to do offline business. By converting into fiat money, offline business which is stable can attract investment instead of deposit into HYIP.
Ill make the same move too on which those bitcoin would be converted to fiat to invest it on offline business since bitcoin isnt popular in my place and its nonsense on building or accepting bitcoin if the people live on your place doesnt even recognize it.

This is the only recourse anyone can do if you plan to invest your bitcoins in offline businesses, unless whatever you need to buy for the business accepts bitcoins then you can proceed using bitcoins. But generally, it's impossible to invest your bitcoins directly to offline businesses.

Ok so technically we are all in the same idea here that fiat is used to invest in an offline business. I have read some people posted that they use BTC to fund their stores. What is that all about? They buy BTC then convert it back to fiat to fund their stores? Where did they get the BTC in the first place if not to buy them from an exchange? Why didnt they use fiat directly?
hero member
Activity: 896
Merit: 514
Convert bitcoin into fiat money. That's my idea. However your convertion is to fund offline business. Or get croudfunding from bitcoin commnunity to do offline business. By converting into fiat money, offline business which is stable can attract investment instead of deposit into HYIP.
Ill make the same move too on which those bitcoin would be converted to fiat to invest it on offline business since bitcoin isnt popular in my place and its nonsense on building or accepting bitcoin if the people live on your place doesnt even recognize it.

This is the only recourse anyone can do if you plan to invest your bitcoins in offline businesses, unless whatever you need to buy for the business accepts bitcoins then you can proceed using bitcoins. But generally, it's impossible to invest your bitcoins directly to offline businesses.
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