Topic: How much important bitcoin for entrepreneurs? (Read 2702 times)
I think it is depends on the nature of business of an entrepreneur, if the business are circulating more on technology and if the business are something to do with international then it might help them if they will use bitcoin or even cryptocurrency.
It seems to me that entrepreneurs will not yet widely use cryptocurrency in their business. In addition to the slow legalization of cryptocurrency by states and the lack of adequate infrastructure for using it as a means of payment, a high level of price volatility of cryptocurrency, which cannot be reduced, is of great importance. Business loves stability, especially in money. With cryptocurrency such stability is impossible.
Also lots of businesses got burned in Dec 2017, and the ones who withdrew payment by bitcoin, like Steam, are yet to return. I think a lot of them have decided that bitcoin is an asset or commodity rather than a currency. If businesses do adopt crypto, they might choose an alt instead, if they can find an alt that is stable and not volatile (which might be impossible!)
Bitcoin become important to the entrepreneurs if they use it as one of their source of funds. But using bitcoin is not yet popularly used by majority of the entrepreneurs or business people because of its price volatility. Furthermore many people still prefer to use fiat which is more convenience to them than the virtual currency. If the usage of bitcoin in the future increases, many merchants ight consider to accept bitcoin as a method of payment.
After 1 year and few months, bitcoin has gain its popularity because of the bull market that it went last 2017. And entrepreneurs who are into the business looks bitcoin with so many views, not just for the ease payment that it offers but as investment itself. Bitcoin is important for most of the entrepreneurs that has customers that pays them with bitcoin and runs their business exactly like that. And for normal crypto people, definitely bitcoin is important as well like on how much importance they gave to it.
It seems to me that entrepreneurs will not yet widely use cryptocurrency in their business. In addition to the slow legalization of cryptocurrency by states and the lack of adequate infrastructure for using it as a means of payment, a high level of price volatility of cryptocurrency, which cannot be reduced, is of great importance. Business loves stability, especially in money. With cryptocurrency such stability is impossible.After 1 year and few months, bitcoin has gain its popularity because of the bull market that it went last 2017. And entrepreneurs who are into the business looks bitcoin with so many views, not just for the ease payment that it offers but as investment itself. Bitcoin is important for most of the entrepreneurs that has customers that pays them with bitcoin and runs their business exactly like that. And for normal crypto people, definitely bitcoin is important as well like on how much importance they gave to it.
It seems to me that entrepreneurs will not yet widely use cryptocurrency in their business. In addition to the slow legalization of cryptocurrency by states and the lack of adequate infrastructure for using it as a means of payment, a high level of price volatility of cryptocurrency, which cannot be reduced, is of great importance. Business loves stability, especially in money. With cryptocurrency such stability is impossible. 
Bitcoin is a very important place for entrepreneurs. Because an entrepreneur is the father of any initiative. That is, whoever initiated anything, the entrepreneur. The entrepreneur always seeks a good person, with whom the influence of his initiative will be increased. And to find it, I would say Bitcoin as a unique platform.
So I think Bitcoin is very important for the entrepreneurs.
Thank You
well, you could say I'm also a businessman. yeah, for me bitcoin is very important. it really helped me in developing the business that I lived in, even more so when the price went up. well, before getting to know bitcoin, I was just a student who wasn't very interested in business. so I think, this is very important in building a willingness in doing business. So I think Bitcoin is very important for the entrepreneurs.
Thank You
Take 2017 bull run as an example, there are people who made a lot of profit and some got rich due to the bull run, but there are people that bought at that peak price and believed that it will keep on going up, but they got disappointed and lost all their money.
They didnt "lose" their money. Its common for people to tell the extreme as a mode of apprehension. They bought bitcoin at a price higher than what it is today - thats what is true. Again this is not related to entrepreneurs. Speculative trading happens everyday and people either make money or lose money. New projects being developed on bitcoin as a payment system should be least bothered about what people made or lost in trading. They can keep the price of their goods/services pegged to USD and thus a fluctuating bitcoin price pegged to that USD value.
Bitcoin is a very important place for entrepreneurs. Because an entrepreneur is the father of any initiative. That is, whoever initiated anything, the entrepreneur. The entrepreneur always seeks a good person, with whom the influence of his initiative will be increased. And to find it, I would say Bitcoin as a unique platform.
So I think Bitcoin is very important for the entrepreneurs.
Thank You
So I think Bitcoin is very important for the entrepreneurs.
Thank You
Some progressive entrepreneurs have long understood that Bitcoin has come to us for a long time and the digital economy is what awaits us in the next few years. Those who realized this had already integrated Bitcoin into their business and began to receive dividends as an increase in the number of clients from the sphere of crypto enthusiasts and such progressive people.
Bitcoin is certainly very important for financial businesses and entrepreneurs. All transactions are very cheap. sometimes they can avoid government taxes based on transferring BTC to partner wallets. both cost-effective and the government cannot know the number of imports and exports.
that's why the government doesn't like crypto.
It’s not just meant for entrepreneurs, it is meant for anyone that can understand how to make use of it and everything about it. It is not all entrepreneurs that makes use of cryptocurrency, and by the way there are businesses that you will be into and you won’t really need to make use of cryptocurrency.that's why the government doesn't like crypto.
If I’ have an online store I don’t even think I will accepting cryptocurrency for it, I will prefer to set up credit and debit card payments, or things like PayPal. Everyone has what works for them and the kind of business you’re into will get you to know what’s best for you.
It’s not really that important, entrepreneurs has been able to succeed and make more money even before bitcoin was introduced.
that was before but if we talk about today then entreprenuers can make more money if they will add bitcoin to thier life and busineses . they can earn extra income if they invest on bitcoin and their store can also gain attraction if they will start to accept bitcoin payments because people are now getting curious on what is bitcoin .
What I’m trying to make you understand is that you shouldn’t go for it because of the stories you’ve been seeing online or because of what your friends have told you.
i see that you are encouraging the guy to not enter bitcoin at all . thats not a good idea to discredit bitcoin just because of what others are saying . you know that what you heard online are are not true . those who says negative stuffs on bitcoin are only haters and bashers .
It’s not really that important, entrepreneurs has been able to succeed and make more money even before bitcoin was introduced. What I’m trying to make you understand is that you shouldn’t go for it because of the stories you’ve been seeing online or because of what your friends have told you. Take 2017 bull run as an example, there are people who made a lot of profit and some got rich due to the bull run, but there are people that bought at that peak price and believed that it will keep on going up, but they got disappointed and lost all their money.
Bitcoin and other forms of crypto is a very useful for enterpreneurs,
and one day it will become a leading payment solutions for online shops
Bitcoin eliminate middleman in transactions, its fast, secure and
irreversible. Also its good investing instrument (If you know what you do).
and one day it will become a leading payment solutions for online shops
Bitcoin eliminate middleman in transactions, its fast, secure and
irreversible. Also its good investing instrument (If you know what you do).
Bitcoin and other forms of crypto is a very useful for enterpreneurs,
and one day it will become a leading payment solutions for online shops
Bitcoin eliminate middleman in transactions, its fast, secure and
irreversible. Also its good investing instrument (If you know what you do).
and one day it will become a leading payment solutions for online shops
Bitcoin eliminate middleman in transactions, its fast, secure and
irreversible. Also its good investing instrument (If you know what you do).
You don't really need to accept bitcoin to be a successful business, in fact very few companies actually accept it. right now it is much more of a speculative asset than a usable currency due to its volatile nature.
It is true that it doesn't really require to accept bitcoin as a payment method in order to become successful but this thread is asking on how much important bitcoin for entrepreneurs and i think that it is important because it could be an asset for them to store their money for emergency purposes while expecting a huge return from it. 
You don't really need to accept bitcoin to be a successful business, in fact very few companies actually accept it. right now it is much more of a speculative asset than a usable currency due to its volatile nature.
World is now leading by different entrepreneurs who are continuously innovate new thing for contributing the world for removing poverty and fight against superstition. Entrepreneur find those skill and proficient people who are deprive of opportunity and provide sufficient work through she or he can lead a perfect life. Now world is like a global village and people can recognize them by their own specialty. Now through this currency a entrepreneur can find actual worker who can do this task according to their expectation. Even they can transfer this currency after completing actual task from one place to another place. So i think it can be a choice for investment for entrepreneurs.
I think in crypto industry entrepreneur would not be normal like traditional entrepreneur. There are many sector in crypto industry but if anybody wants to work here he or she must have to be sound in programming or technologically that he can launch many projects.
World is now leading by different entrepreneurs who are continuously innovate new thing for contributing the world for removing poverty and fight against superstition. Entrepreneur find those skill and proficient people who are deprive of opportunity and provide sufficient work through she or he can lead a perfect life. Now world is like a global village and people can recognize them by their own specialty. Now through this currency a entrepreneur can find actual worker who can do this task according to their expectation. Even they can transfer this currency after completing actual task from one place to another place. So i think it can be a choice for investment for entrepreneurs.
Through the above article, we have seen the importance of BTC. that's just for an entrepreneur. In the future, it will certainly be very important for businesses.So far, the problem of transferring money from one country to another has always been a big problem. The transaction fee is very high and the transfer time is very long.
blockchain is the new and least expensive solution. Banks will soon have to use it.
Bitcoin is certainly very important for financial businesses and entrepreneurs. All transactions are very cheap. sometimes they can avoid government taxes based on transferring BTC to partner wallets. both cost-effective and the government cannot know the number of imports and exports.
that's why the government doesn't like crypto.
that's why the government doesn't like crypto.
Bitcoin is important for the entrepreneurs because they could use it as another type of payment and it is also served them as an investment where they can put some of their profits in bitcoin as both savings and investment and it can help them to stay afloat in terms of making money because it is a passive source of income.
That's right, of course bitcoin and crypto are very important for them, there are many entrepreneurs who have a type of sales business like merchants and store, and they can expand their market by adopting bitcoin payments. Jump to: