Topic: How do you educate petty traders in adopting Bitcoin? (Read 603 times)

Bitcoin is not for everyone. You can try to educate them by several means such as conducting some sort of bitcoin awareness program in areas where you see most people are uneducated in bitcoin or you can try to make infographics if you don't have much time to discuss it. Then just give away the infographics on the streets for them to read it on their own pacing. These are just a few examples of what you can actually do in educating these so-called petty traders.

However, it will be all up to them if they will give bitcoin a shot or not. It's still a personal preference after all. We can't force everyone to like and do bitcoin because we have our own preferences on how we want to do things. And just because it worked for us, it doesn't necessarily mean it would work for them too. To each his own. We can educate, but we cannot impose.

I send them to read literature about Bitcoin, like this one. If they don't understand, then I don't want to waste time teaching them.

If I may ask what incentives are you referring to. Mention it so we can be informed and if applicable, we can give it a try.

I am assuming petty traders here means the people who are trading goods for leaving like small shopkeepers and hawkers as you have mentioned and not crypto traders. So educating them is a hard task because these people aren't that literate they will adopt a change only if it is advantageous for them so if you can offer them some real quick incentive if they adopt Cryptocurrencies only then they will be interested in listening to you otherwise they would barely implement it. The best thing you can do is advise them to start accepting payments in bitcoin however that too won't really be directly profitable for them so I doubt they will do such a thing.

This one really need some long patience and its true that handling out someone who do have zero knowledge about tech or on how it do works would be the toughest challenge of all.
Educating someone specially on trading wont really be something simple yet you would really be keen even on the slightest detail so that they would able to follow you on.
We know that not all does have that kind of long patience on teaching someone.You could really actually give out some key points which they could easily deal and
understand it but always anticipate that things wont really be fine along the way.

First of all cryptocurrency hasn't reached every nook and corner. Even if we ask to information technology professionals they don't know about cryptocurrency. This means there is a need for even wider spread about the cryptocurrency. To be curious, initially people need to know about it. More tools are available to learn, and the process will happen slowly.

Initially people weren't able to make use of smartphones, slowly people got used to it. Further found difficult using digital payments and now the user friendly applications have made everything possible, even to the people who haven't got basic education. So, with time we can expect people using cryptocurrencies.

If by petty trader you mean the average low income earners that aren’t probably not used to technology or digital asset, well first you start your education by telling them about digital technology, if they don’t have functional devices you can advice them to get one, I also recommend a great deal of patience with them, it’s really hard for those type of people to believe in digital asset, you show them with examples how it’s better than the means they are already used to, and again you give them the opportunity to grow on the foundation you have already laid for them

Well in my own country, there are youths that do hawk and kiosks too. I happened to engage in interaction with one of them I had to put them through the process. We carried out a practical exercise. I bought something from him and paid in usdt. He saw it and was amazed since then he nicknamed me usdt.

In as much as you have said,  most of these people are not in any way near technology or blockchain so I think talking to them and putting them through would be nice so that they don't fall victim of scam. I believe you learnt from someone how these blockchain works so it wouldn't be any wrong teaching them too.ody times, these are the little things we need to attend to in the system because it sometimes when neglected causes a bitter experience for the novice which makes them feel like the system is not working due to their first hand experience.

When I think about adoption, I really don't think traders need to be educated about Bitcoin and cryptocurrencies. Any trader in the traditional market has all the tools, access and instruments needed to educate themselves about cryptocurrencies. If any trade until today has not been curious to make any operation in the crypto market, it is pure disgrace to him, due to lack of curiosity.

The issue of adoption for me today is only relevant in terms of populations with little access to the capital market and no education for traders.

In my country things have advanced a little. It is possible to see hawker stalls on the street accepting digital payments connected to the banks. In rural regions this isn't available much, almost every stall on the urban region have got digital payment QR codes placed for the users to make the payment. Maybe the next level of growth will take towards cryptocurrency acceptance. Maybe if my country regulate the usage few stalls on the street might start accepting cryptocurrency as payment. Right now our country haven't taken any official decision on cryptocurrency usage.

In my country there are also a lot of merchants doing this business, they often move to sell and these hawker stall are mostly elderly and they don't use smartphones much, paying with bitcoin can become difficult for them. Besides, their customers are mainly children whose parents give them some pocket money so paying with bitcoin is not feasible.

This would be a very great move to spread Bitcoin adoption across the countries.
The truth have to be told, any country not legalizing Bitcoin or as its adoption will be very Mean knowing that those petty traders do transact constantly and they are most hardly to be convinced since is always stressful for them to hawk around or seating at a particular spot to make their earnings. You can't expect a street Fish sell to start using smart phone to send transaction with bitcoin or any other cryptocurrency, it would be Ideal if they have offices or branch where they have workers. maybe their cashier or financial administrator working towards to achieved that parts. Petty Traders are the most Difficult people to approached in terms of online transactions or it could be possible only though the educated amongst them.

They are biggest unbitcoined population in this world and they are quickly getting roped into altcoin and shitcoin schemes with their small cap income and ending up either with a token with no value and plain scammed.

It is not our job to educate them. Unless they realize the pros and cons of bitcoin and starts with the impetus of asking around, it becomes difficult to bring them to the bitcoin world.

Whenever you are trying to educate someone, the impetus coming from the teacher does not have a good impact unless the impetus comes from the learner. Still for those who I have come across I have tried to explain what bitcoin is and how it works, mostly teaching them how to avoid scams in the market and how to trade and open a trading account on a local exchange.

Most of these users have been lost to follow-up because they find the concept of "digital" in currency to be bag of shit or bitcoin to be too expensive and continued with the stock market that they already did.

That's where it should really start. Trying to make them understand how it works and how it likes. Maybe a few lessons from the tech and then with bitcoin as a whole.

That's the main course when you're goin to teach them because only a few of them might actually be interested in the tech. But for bitcoin as an asset, this is where the interest of theirs will be taken into account.

Unfortunately you can't really educate them on it, because they have learned one thing and learning another thing may not be that easy for them. For example, we have regular people who learned how to trade dollar to our own fiat and back, that's all they do, and some learn to do it with like 5-6 different pairs, and between each other as well, so what they do is small time forex simply, but with hand and they have a place to do it.

These people can't learn how to trade crypto because they wouldn't be able to understand it, they are not really that "smart", even if they become super rich, they are still not there, why? Because trading bitcoin very well requires math, not just calculations, but real math, like chart reading and TA type of stuff.

If you can convince them that they will be getting a substantial amount of transaction in cryptocurrency per day then i bet they will change their mind in accepting them. Fact is that it is impossible to expect street vendors getting a substantial amount of transaction in cryptocurrency and hence they would not want to add anything out of their comfort zone.

How can you teach them when they do not have personal mobile to practice what you teach. Without practice, they may forget all you taught them after some time. It will be like pouring water into a basket.
Btw some shops in my region are skeptical of alternate means of payment because of scam experiences they have had in the past. They operate on cash only and the bigger shops accept bank transfers and credit cards.

To start with online traders can offer discount on bitcoin payments. Once the bigger players start offering bitcoin payments, the customers will start adopting bitcoin. This will create demand for bitcoin payment system in the market and I bet soon small traders will also start  to accept bitcoin and they will themselves learn how to accept bitcoin, from formal as well as informal sources.

still not a bit efficient and also constrained by their interests. Small traders with little money, of course they will never think about online transactions or even bitcoin, it will be very foreign. They only use paper money directly, because the transactions are small. It wouldn't be interesting right now. But maybe in the future there will be changes, because now online transactions using Fiat have started to be used and are easier.

That's exactly the point. It's never a hard thing if you wish to educate these market retailers and street vendors by giving them a lecture about bitcoin. But never expect that they will eventually follow what you say. They have their own business that needs more attention and that they are making daily profits from it once their products are sold out. However, bitcoin is also profitable in its own way but  these petty traders will find it hard to adopt it because they might perceive it the wrong way which will only cause more troubles on their part. So better ignore them because that's how they are comfortable of making money.

It will be quite difficult to convince a street hawkers and traders to accept bitcoin, they are used to fiat transactions, they do balance their account at the end of the day with fiat, they will completely reject any idea of online transaction via bitcoin, because category of such traders are partially literate, though majority accept fiat transfer via POS which is a straight forward transaction, though as the level awareness of using bitcoin for transactions, it will get to a time when educated hawkers and traders will start to embrace such transactions however for now status quo remains.

I wouldn't say it is out of our hands. It is out of our hands individually, but as a community it is still in our hands. Meaning, if we want to help people adopt to bitcoin a lot more, we could literally move that direction with our money. How? For any project that is aiming at increasing the adoption, we could help them with our money, it could be using them, it could be investing into them, it could be supporting them with chatter, it could be paying them to keep going (patron style) and so forth.

Basically, we could still voice our opinion on the matter as a whole. Sure that is not just one person going around yelling bitcoin to anyone, but as a whole we can still do some things.

Petty traders usually trade with small amounts of money. It doesn't make sense to use a money with a high value such as bitcoin for small amounts of money. In addition, they will have paid an excessive fee for this. It's not attractive at the moment.

Well it might not be a job for you but one thing you should know is that the trend is moving towards digital currency and the economy of the world is moving it's direction to Crypto currency now. In less than no time things would change but don't forget that there are those whom are fast adapting and those whom would need guidance to scale through the process. I believe strongly believe someone thought you as well so why not do the same to others so all can be in the same boat.

Its not my job at all, why would I care about educating other people? Let the market decide for it, and if they are not really willing to learn by themselves then it would not really matter at all. We do not need to have everyone involved in the crypto world, there could be some people missing and we would still be fine. Market is already big enough, and it could get bigger and bigger as well with the same people who are already invested into it, that would make it a big market without needing some people who had to be convinced or educated 12 years and 2 trillion market cap reached and did not come and require us to hold their hands.

This is a nice suggestion and a good idea
 Your approach is a welcomed development. I think doing the explanations in the presence of his kids would be a good move as they would be very fast in understanding the system and how it works. If per adventure he doesn't flow with it, his kids would be able to put him through and as note that you have achieved a big goal by getting a family into the system maybe he would decide to tell his customers about his experience with the aid of his kids whom you have already instilled the blockchain education in. This is amongst too many ways to get to the masses.

Transaction fees and price volatility are some of the things that shop owners may worry about. LN can certainly help them handle small transactions, but it's hard to expect them to be willing to adopt bitcoin as a means of payment especially since there aren't many automated options for converting bitcoin to fiat yet.

For some countries, crypto taxes are starting to be set and enforced by the government. This will charge each bitcoin owner to pay more fees when they convert their bitcoin to fiat. Obviously in my opinion this is another obstacle if shop owners are going to have a lot of considerations before adopting bitcoin as a means of payment.

To be honest I haven't given it any thought to promote bitcoins among the small business owners in my city. There aren't many places where I come into contact with street sellers and vendors. Most shops in my city are big chains which aren't very personal shipping experiences. Over the last 10 years all the small businesses closed down, the only ones left are small tahr away restaurants or kiosks. The kiosk closest to my house is run by an old Indian man who is talkative and friendly. I tend to buy snacks and beers there after work even though it's more expensive than supermarkets. Maybe I should try and mention bitcoins to him, but he is definitely above 60 years old, would be better if his kids could help him with crypto currencies. Then again who would actually pay with cryptos for cigarettes or alcohol there? Most of the regular customers I see there are also quite old and drink a lot of alcohol. Maybe retuning old bottles and getting the money in cryptos could be a way to promote it.

Let us be realistic. I understand we all want Bitcoin to be a global adoption and from your own explanation, most if not all the traders you mention don't do big numbers in terms of cash daily, or even if they do, it is usually in bits and that is where the problem is. Why were people complaining so much when ETH fee was high? even then you would remember that the whales cared less about fees that's the same problem that these petty traders will encounter with their daily trades with Bitcoin. They do little transactions at a time mostly amounting to small satoshis and if they will be paying fees for every transaction plus price volatility, you can see why people on that level of education as you mentioned might not adopt it for transactions.

You could not expect for these market sellers to level up in their social status as they are only earning quite a small amount compared to higher positions in big companies. Its more on they can sustain their necessities in life than to spend on things that brings no returns at all. However, i'm not saying that bitcoin does not ensure profits, but these small stall owners will consider daily profits than long term investment profits. The reason why i think its hard for them to get involved with bitcoin.

This is it,they are not ready.They don't want any complicated transaction method,they just want to get by.Many of those people are hard headed and only believe in their way,furthermore bitcoin popularity has not reached to all kind of people,so it will be hard for us to make them adopt bitcoin.

You are ok to say that but don't you think as teens they are it would be a good move telling them about blockchain though they might not have any mobile phone to start up immediately but atleast the knowledge of it been instilled in them to give them a better edge in putting them ready for it.

Do you really understand the topic of discussion. I'll advise you read it well and get clues on what we are discussing because people we are talking about here are people with little or no ideas how the tech or blockchain runs.

It is not easier said than due to the fact that these vendors are also incapable of purchasing some sort of technology in order to store their cryptocurrencies. Let us say that these vendors were able to get their hands on some cryptos, the problem would be in cashing them out as this limits further their trade. But I doubt that such would be an issue to people who live in first-world countries.

As for third-world countries where majority of the BTC transactions exist, I hope that the technology would be somehow simplified in order for these "petty traders" to understand fully and adopt it to their respective businesses.

I'd advise them to get the coinbase or kraken app and monitor their charts regularly using 15 or 30 minutes timeline and especially for BTC or ETH, gather information from magazines like bloomberg, and other news outlets they will definitely discover a consistent pattern within a specific range then they can trade... The gain may not be as much but enough to get by... This will help them control greed too

They are not ready for crypto volatility, on the other hand small traders only take regular profit of 10-20% of capital. Even though you have taught bitcoin correctly, when they are faced with 2 choices about the method of using it efficiently and cheaply they will choose the centralized way. Yep, they would prefer to maintain regular profits to prevent spending on-chain transactions which are sometimes more expensive than bank fees, so privacy is not their main concern.

These kind of traders are common in my country. They are small scale businesses, frankly as much as I love businesses adopting cryptocurrency, I have to say I don’t think it is a good idea for them to adopt bitcoin, it’s not realistic, the total worth of the goods they trade on an average is about $80-$300. In my country for example, the hawkers who move about selling products, they are mostly young children and teens who do not have an mobile device with internet connection. How can they accept bitcoin as payment?

I think we have to look at the level of curiosity and interest of these traders about bitcoin, because not everyone is interested in bitcoin for the lower-middle market, because they are basically looking for profit to survive, but there is no harm in providing education about investing in bitcoin, who knows in the future they are interested

As I mentioned in some previous posts, any other BTC / Crypto adoption from here on is out of our hands. What we mustn't do is preach the BTC gospel to everyone and anyone, that's bad and it's ineffective, even counterproductive. So ''educating'' them is not something we should be doing. The question here is, what's their incentive to do so? Why would they opt for that? Most of the aforementioned petty traders, as you mentioned, are not amongst the top-class citizens financially (to put it lightly), and they rely on FIAT money that will ensure they put food on the table and pay their bills. If they don't have options of paying (easily) for those day-to-day necessities, then why would they accept crypto? To invest? Those people don't have the luxury of ''investing'' just so we can see crypto be forcefully adopted everywhere because we think it's the next best thing since sliced bread. This path we undertook this last cycle was too fast and too abrupt towards adoption for some reason or another and nothing good is coming out of it. Preaching to people about what good investment crypto is, it's just making it look like a Ponzi scheme, so maybe we should take a step back and let things take their course with natural government and crypto interweaving and gradual steps to see if and how all of this can work. If it can work on that level at all.

Yes the OP isn’t very much specific about his thoughts or agenda.
If he is targeting altcoins trader then, let me say that there is no harm in altcoins trading.
I mean it’s people’s own choice what they want to do or what they should not do.
What we can do is that just show them examples.
I do also agree that Bitcoins with a larger sum of investment for a longer period of time will really be fruitful, but that doesn’t mean that other trading options are trash.
Willing to hear other people’s opinion on this.

It's potential value in the future is what stopping many people to spend their bitcoin. Even me is also guilty of hoarding bitcoin rather than spend it. I only use it sometimes as form of payment to showoff to people. But on a daily basis, as long as I have other option I would not use my bitcoin to buy something. I would have 1 whole bitcoin by now if I was just frugal when I started to know about it way back 2016. Even if small merchants adopts bitcoin on their business, they would still need to convert it into fiat as bitcoin is not widely accepted yet so they won't bother to learn it in the first place.

Some vendors that you see in the street may look like they are poor but they are actually rich. They have a better house, have cars and their family live comfortably and they all achieved this because of their business so they are also part of the top class citizens in the society.

I believe that they already know bitcoin and maybe some of them are willing to accept btc if that is what is demanded by their customers but for those who are uneducated, they are the ones that we should be concerned of because they may not heard of btc before. We can educate them by simply telling them what is btc and what is its use and maybe do some actual demonstration.

Well, first of all....

Is there enough people in your local area that will make it profitable for them to shift to Bitcoin payments? The small informal traders  with food stalls and such, will not accept Bitcoin as a payment option, if there are nobody paying with bitcoins.

We had a similar problem in our area, but we discussed this at one of our local Bitcoin meetups and we decided that we will support these guys, if they support us. Now a lot of people are buying lunch and even a cup of coffee with Bitcoin and some even use the Lightning Network to pay for it.

A lot of people just want to "hoard" bitcoins, but they forget that it should have utility for it to be a currency. Hoard 80% of the coins you buy, but try to spend 20% at small merchants like this. 

I think it makes sense to steer them into long-term investors. At least they won't panic if the market goes down so they're still calm because we've been told that the market can move anywhere. But if they decide to buy and sell for a profit, we suggest always be careful and don't panic if you see the price drop a little. In addition, deciding to become a day trader will carry a greater risk than being a long-term investor because we have to face the ups and downs of the market that can make us panic.

I don't think it is suitable for them to use bitcoin. They are small sellers and do transactions frequently. Unless both the seller and the buyer uses the same centralized wallet/service (which then destroys the purpose of using bitcoin), it is not worth waiting for the confirmation time. Again, the fees might sometimes be half of what they purchasing.

Bitcoin is good, but not suitable for everything.

To be honest, these people don't have bank-related stress because they don't have bank accounts. But it's probably not because they are deprived by the banks of such opportunity but because they don't need it. They earn on a daily basis and also spend on a daily basis. Although they also have long-term savings, it is mostly spent down to the last penny after a year, or when that occasion they're saving for arrives. This is only my observation. I'm surrounded with this kind of people.

I'm not saying Bitcoin isn't for them, but if they intent to spend their savings after only a year, I'd rather encourage them to stay away from Bitcoin. But if they plan to keep their savings for many years, it is easy to tell them that Bitcoin is the choice. Not only will their savings most probably grow, they are also resistant to inflation and bank fees and all kinds of hassles involved with opening a bank account. You just need to show them the rise of Bitcoin's price through the years and they'll probably agree.

Petty traders? That's not a term I have heard used before. Perhaps you mean retailers? That is a bit interesting.

Either way the essentials of getting anyone to adopt Bitcoin is to get them to develop an interest in integrating it into their business model.

I assume since most of their customers do not care about Bitcoin and would rather pay small purchases in fiat cash, then the vendors also would not care about Bitcoin.

Mostly it's within the day and they have to roll all of their profits today for their capital tomorrow. That's usually how their capital works and they're just rolling any profit they make from selling.

That's the hustle they know how to do because it's easy and they're used to it. I think the easier approach is to ask them if they want to know and learn bitcoin and if they answer yes, that's where you'll explain to them what it is as an asset, investment and cryptocurrency.

This is the reason why those vendors in the streets or markets won't bite about bitcoin investment. They used to see profits after a day or two so if you are going to educate them about bitcoin as a long term investment, probably they will become skeptical to invest in it. Yes, they can expect huge profits in bitcoin but the problem is when. I suggest if you try to educate their big bosses or those who are big time businessmen, probably it will work for them.

I see some people confused about what Op meant as petty traders in this context. But if you read Op carefully, the meaning of petty traders is explained in Op.
Petty traders in the context are the street marker retailers who sell directly to end producers. They gather in local markets and streets.

Well, if you wish to educate the petty traders about Bitcoin, you can go do it individually or organise a market public lecture to educate them.
But I will strongly advice that you shouldn't teach them to adopt it in their business. Many of them don't even balance their accounts and they are always confused with finance, especially the aged ones. Don't bother to increase their problems. You can teach them about Bitcoin and they will decide whether or not to involve it in their business when they must have gotten the full understanding of bitcoin.

It will be very difficult to draw their attention into bitcoin investments especially if they are not particular with bitcoin and they don't have the spare money to invest in it. Remember that the profits they produced out from selling in the streets with their small stalls are certainly low compared to those big business owners so financing for bitcoin investment is one thing that they can't hardly afford. Instead, if they earn extra money, i believe they will chose to add it on their business capital so they can expect for increase profits.

tl:dr; version:
bitcoin has no central body that will fly on a plane to YOUR town to train YOUR vendor in your town... emphasis YOU need to help your vendor if YOU want them to accept bitcoin in YOUR town.

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wall of text version:

street vendors (tourist gift stalls, food carts, novelty merchandise stalls) accept whatever is most common to their customers.

in tourist area's they will accept multiple currencies EG euro stalls accepting american dollars
in smaller towns catering only to local population they only accept the local currency.

i know these small businesses dont have the volume power to beg credit card companies for convenient fee rates. but if the only method of payment a CUSTOMER has to offer the stall owner is a credit card. then thats what the stall owner has to accept.

in natural adoption without intervention/pressure, its less about trying to convince the market stall owner to accept a currency. its more about having the local population owning the currency and wanting to spend it. locally, to then help make the market stall owner realise he needs to accept it as a preferred method of payment via locals asking vendors if they accept currency X.

i know some will say its a chicken and egg. for instance. if local people cant find anywhere locally to buy things with crypto then local people wont get crypto to then ask vendors.
but the opposite can be said. if local vendors are not asked if they will accept crypto enough times by customers they wont see the point of accepting it,

this chicken and egg problem is what holds up natural un-intervened, unpressured adoption at the small local business level.
this issue circles clockwise and anticlockwise where by its needs to be educated how easy it is to set up a bitcoin address to watch for payments incoming. (very very easy 2 click process) and how cheap it is to set up a method to exchange the currency to local/native fiat(many options)

it requires educating vendors. not waiting for vendors to miraculously start using it.
bitcoin does not have some company/central lobby/education group to educate vendors. instead any and all people on this forum can do their part of speaking to vendors in their local area about accepting bitcoin

again bitcoin has no central body that will fly on a plane to YOUR town to train YOUR vendor in your town... emphasis YOU need to help your vendor if YOU want them to accept bitcoin in YOUR town.

I believe their income may only cater to their daily needs so if they still need to invest, then i guess they will be force to take loans for those who are eager to try crypto investments. That may create another trouble in the future. For OP, you can chose to educate them about bitcoin but don't expect that they will try to leave what they have been used to do. People like them are more practical and so it would be hard though to convince them in an investment that there is no sure profits, they will chose to stay selling as it assures guaranteed income.

People like them will never leave their businesses easily as they are making a daily income from it for survival. And it would be hard to convince them to enter into crypto and invest knowing it also needs capital which i don't think they can easily provide for it. And the fact that crypto investments never guarantee profits at all times, i guess that will be a red flag for them and would not even care to take the risks. Better leave them in things they are comfortable to do with.

Actually there are some things we are expected to put into consideration before taking further steps on the introduction of bitcoin to the remote areas that are premitive in development, such calibre of people will find bitcoin difficult to use because of the conditions around them which sone are: lack of access to mobile phones, good internet connection, basic foundational knowledge onbthe use of bitcoin and language barriers as many of them in local regions don't understand English, but nevertheless we must encourage bitcoin adoption and the only reason these set of people can get along with the usr of bitcoin is on investment, they may find it challenging enough for their daily transactions.


Since their main motive is to make profit in their daily businesses, we can encourage them to start with an investment on bitcoin as an asset using a reliable exchange with good reputation, they need to find trust in all element of bitcoin they come across with including everyone that is liable in teaching them on how to go about it, since most of them are road side entrepreneurs which make use of fiat for their runnings and bitcoin could only be used for an investment as a start till when they got established to be making it for their payments.

I think there must be some benefits or bonuses for their everyday life or budget without trading crypto or investing for a long time. Quickly convert to btc - quickly spend - get bonus, for example 

It is possible to come closer to them, into their world and show crypto on their "platform". I was also wonder. I think that wide range of sites with cruptoprices can be the first step into unknown cryptoworld )))

What an awful way to look at and describe people in this weird class system that you define people by. Why not just accept the fact that many people are content with their current way of conducting business and bitcoin just brings them extra hassle. Technology will catch up with these traders and bitcoin is probably already integrated with many mobile phone based solutions, but you also ignore their customer base who likely have no interest in paying in such a volatile currency. Maybe you could educate yourself to have more respect for others.

It is not easy to educate small traders except for their own awareness because they have to really understand it well which in my opinion really requires a long process so that they can understand well because of fluctuations.
Small traders or wholesalers live off fairly thin margins. Today, small fluctuations in bitcoin can become a big problem even for small merchants who profit from the shopping carts they care about.
but sooner or later they will adapt to technological advances, depending on the future progress of bitcoin and cryptocurrencies and actually there are already small shops that do that but it depends where you live because what they are afraid of is the government.

Though investing isn't a bad idea but at their level, it would be nice educating these people and letting them know what they stand benefiting from blockchain. I think at first is teaching them on how it works and maybe if they are willing, you tell them they could accept Bitcoin as means of payment for their commodity which would ease them the time and stress of running around to and fro the bank if the need be.

Well, just to hope that these types of people would like to listen and have an interest in crypto they are pretty sure busy with their daily jobs. We can't urge these people to adopt Bitcoin, perhaps it was not ideal to do so. Let things may come momentarily that the use of Bitcoin become officially considered legal tender as for sure that time everyone will think about adopting to new technology. 

As to the extent of hearing some noise about banning and scam issues about Bitcoin, many were thinking negatively instead of giving support for this.

Then I don't think you should be telling most of them to adopt bitcoin, unless your country has a BitPay-like service where every payment received gets automatically converted to your local currency.

Most of those people live paycheck to paycheck; unless they have a good amount of spare money(emergency fund aside), they shouldn't be buying bitcoin imo.

It's good to educate them but putting them into investing in bitcoin is unlikely and difficult to happen IMO.

And that is because they're doing their own hustle to put food into their tables and they barely save money so, as an investment, they might listen to us but unlikely invest.

They can't just sacrifice a budget of meal a day into an investment that they've just known. But I know that some of them might really get into it being inspired but still, they need to have a better explanation that this ain't just an overnight rich scheme.

Those hawkers, businessman, vendors, salesclerks etc you mentioned above are depends on where did they live. If they live in where Bitcoin get banned by their government, how it's possible they accept Bitcoin as a payment alternative? Pretty sure someone will report to the police and they will get arrested since it's against their law. Though they can buy Bitcoin in Decentralized exchange, but they can't publicity it.

Educating this petty traders will go a long way in helping them and their businesses to grow. But most of them are not educated and find it difficult to use smartphones. They have to get someone to help them go to bank to get their money too with all the stress in it. But nevertheless they’re some people who still are educated and still find themselves in the streets selling to get their daily needs because of lack of job opportunities.
The best thing to do is to organize seminars for them at their convenience and let them know the important of having to learn bitcoin as it will help grow their business and reduce stress from transacting using banks. It will be easier if more of them are educated and are acquainted to the internet.

Doing tons of daily transactions when selling products in a kiosk or at a market isn't really trading. The price stay more or less stable, and the goal is to sell the products you have and get money for them in return. The purchases from places like this also tend to be small and fast, so I'm not sure Bitcoin is good for that. I think it's more productive to convince businesses that sell something pricey and probably online to accept Bitcoin. Transactions on a market happen very fast and are small.

IMHO - the only reason to educate street market traders would be for long term investment purposes.
If they have high volume and low price items, then cash would be king - particularly for tax purposes ! Why would these folks want to declare to the relevant tax authorities what they are selling. The huge benefits for using bitcoin is that all transactions are recorded on the Bitcoin blockchain - but for traders wishing to avoid tax , this would be a major disadvantage!

Might be hard though, I mean these people are always on the street and try to make money. And maybe they will have a false vision or hope when they see that bitcoin might be way out of their current life. Yeah, maybe teach them what is bitcoin but also put a caveat that it's not a get rich quick scheme. Another question is where will they get their money if they are willing to invest (risk) on it. For sure this are hard earn money from sweat and tears.

The petty traders I meant are  hawker stall, street vendors, street hawkers, market men and women, kiosks that do daily trading often.

I'm a bit confused as well, do you mean online traders or people who do physical buying and selling of commodities?

If the later is the case, and you feel very inclined to introduce these traders to bitcoin and crypto, you can go ahead to organise talk shows or some sort of exposition that will be happening live at the market place while their business is ongoing, I say "while their business is ongoing" because most of these traders will be reluctant to leave their business for any sort of talk. Daily transaction is super important to these people.

Can you be more specific on what you mean by "petty traders"?

If you meant traders that trade forex/stocks/crypto/etc, is there anything you can do? They most likely started trading to hopefully create an income source. Telling them to buy/hold/use bitcoin (especially without much capital) wouldn't give them that.

I have come to realize that mostly on daily basis, petty traders; hawker stall, street vendors, street hawkers, market men and women, kiosks do transactions often and frequently and they are not amongst the top class citizens in the society. Some are uneducated and are not anywhere near technology to get acquainted with blockchain and Bitcoin. I believe if they are informed and have knowledge about Bitcoin properly they will want to key into it so as to save themselves of unnecessary stress and expenses from banks and other groups.
What's your opinion in educating these petty traders and letting them know more about Bitcoin because  I believe this is amongst the grassroot adoption which starts from the base as they do transact more often than some of the big companies we hear of. Although the petty traders do little amount but it is most often on daily basis.
 What steps would you take in drawing the attention of the traders to Bitcoin?