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Topic: Is small business ready to sell for cryptocurrency? - page 12. (Read 4986 times)

sr. member
Activity: 1246
Merit: 255
Very few can sell their products for cryptocurrency, probably countries like China, America, maybe Netherlands that are well developed and has good knowledge of cryptocurrency and are highly technologically advanced can try that.
Don't even expect any of such in my country in the next 3 years.
hero member
Activity: 1414
Merit: 516
Maybe not so much as crypto users will want to be. Here on my country only one shops accept bitcoin as payments, and is a shop for computer only, and is one more site where i can recharge my phone with bitcoin, but i wish more shops to accept it.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
Without government support on regulation, merchant must be afraid to accept crypto for payment. This will happen in near future and government will regulate cryptocurrency as currency
Even if there is no regulation regarding the crypto market the merchants can accept those payments, it all depends upon how much knowledge they have about the new market and nothing else, hopefully we will see merchants in tourist destinations that accepts it, so that we do not need to covert to local currency  when ever you need to purchase something.

small business will not go crypto payment route as they have to look for profit as they will not be ready to gamble with crypto and i dont think everything should be associated with crypto.
Hope you are not aware that the merchants can immediately convert the coins that they accumulated to fiat currency instantly and there is no risk involved too, get the payment in what ever currency in bitcoin and use a processor that will convert your bitcoin to fiat.
member
Activity: 504
Merit: 10
What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?

Of course, the lucrativeness of the crypto business would drive people to shift into it. Businessmen will always be businessmen, and wherever and whatever they find profitable, there they will go and that they will sell. If they see that the crypto business is of huge potential, which is not impossible as we all know it it's the next big thing, they will all start doing its business. Before, we only sell merchandise physically, then online businesses sprouted and bloomed. Next, of course, is the online payment with which we can settle these transactions. It's evident at present in the gradual turn of prominent companies to crypto all over the world.
hero member
Activity: 910
Merit: 505
small business will not go crypto payment route as they have to look for profit as they will not be ready to gamble with crypto and i dont think everything should be associated with crypto ya in future the system will use blockchain tech to record data and respective token will enhance security but we might see crypto adoption by startup or small business which belong to IT field because they will have knowledge of crypto while for general business it is bit to early for them to understand how it works.
full member
Activity: 700
Merit: 102
All people can buy and sell goods for bitcoin. I would say 2 problems in bitcoin. 1 Governments prevent the development of bitcoin. 2 Slow transaction confirmation on the network
perhaps the main obstacle and problem in investing with crypto currencies as a means of payment or transaction is the legality issue of the government if the crypto currency becomes a currency that can be used in transactions that may be able to buy and sell
sr. member
Activity: 1526
Merit: 251
there are several altcoins that can be used as payment, I hope that in the future this market will be much bigger
I see several altcoins that have been implemented well as payment, but most are still moving through vouchers which still have to be converted with fiat given the absence of regulations that allow official companies to be affiliated with crypto as economic responsibility. But this success is quite important for current developments.
sr. member
Activity: 812
Merit: 250
doing small business by making bitcoin as a means of transaction actually has a huge risk, especially for businesses with small capital. because the price volatility of bitcoin is so high that it will affect the selling price of a product.
especially if their country does not legalize bitcoin. then it will be a crime if they keep doing it.
hero member
Activity: 1085
Merit: 500
hi =D
there are several altcoins that can be used as payment, I hope that in the future this market will be much bigger
full member
Activity: 1092
Merit: 101
maybe everyone does that, if trading with a small business in Crypto will make more money and make payments easily but when the market falls like now I'm not sure they will get a lot of profits
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
I do not think that small business that are profit oriented would want to sell goods and services for Cryptocurrency.
The reason for this is not far fetched.
The volatility nature of Cryptocurrency is a stumbling block to that .
But it would be a good development if small businesses starts accepting it.

Small bussiness must be afraid when they looking on price fluctuation. Crypto price very fluctuating and for small bussiness, its need good calculation facing this fluctuation. Beside that, small bussiness must comply with government regulation and most government still not regulating crytpocurrency
The price fluctuation should not be a problem for many coins business, there are services that convert to fiat any payment they receive in cryptocurrencies immediately so they are only going to lose the fees that service costs them which is not a lot of money, but one real issue are the regulations and the laws of the country in which the business is located since there are some countries that are completely against cryptocurrencies in which it will be impossible for such a business to accept payment in cryptocurrencies.

However the main problem for small business is that people are not really using cryptocurrencies to buy anything since the most common use for cryptocurrencies is speculation.
member
Activity: 228
Merit: 10
What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?
where do we live? if in developed countries opening crypto sales stores will not be a problem, but if in a country that does not recognize bitcoin as a currency, this can be a serious problem, it is also difficult if we are in an area with poor internet connections or even no internet service . so many business people want to join but there are many obstacles that still cannot be overcome.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
Small businesses that are scattered can actually start by adopting the blockchain as has happened a lot recently, I'm sure with the massive adoption made by small to large businesses, then over time they will accept bitcoin as a payment tool. I'm sure this will happen someday, because as far as I know the issue of legality is not a big problem at the moment, because has there are many countries that legalize bitcoin.
it can be applied to countries that have legalized bitcoin as a means of payment, but for countries that have not legalized it, they will certainly face the law. with small businesses using blockchain, of course, it will help promote blockchain for the wider community
From those who still yet accept this system, certain grounds coming from government laws will penalized them, we knew that in anyhow
business needs to be permitted to imply taxes, with government does not recognized this currency it will be hard for small business to
grow, it's need to have more exposures and government additional grounds to provide certain ruling for this type of business around their
jurisdictions.
full member
Activity: 658
Merit: 106
Small businesses that are scattered can actually start by adopting the blockchain as has happened a lot recently, I'm sure with the massive adoption made by small to large businesses, then over time they will accept bitcoin as a payment tool. I'm sure this will happen someday, because as far as I know the issue of legality is not a big problem at the moment, because has there are many countries that legalize bitcoin.
it can be applied to countries that have legalized bitcoin as a means of payment, but for countries that have not legalized it, they will certainly face the law. with small businesses using blockchain, of course, it will help promote blockchain for the wider community
actually many benefit if government legalized cryptocurrency for their income source.they could attrack taxes from it.but it will not significant if merchants that approved btc as payment only few merchants.
full member
Activity: 826
Merit: 100
Small businesses that are scattered can actually start by adopting the blockchain as has happened a lot recently, I'm sure with the massive adoption made by small to large businesses, then over time they will accept bitcoin as a payment tool. I'm sure this will happen someday, because as far as I know the issue of legality is not a big problem at the moment, because has there are many countries that legalize bitcoin.
it can be applied to countries that have legalized bitcoin as a means of payment, but for countries that have not legalized it, they will certainly face the law. with small businesses using blockchain, of course, it will help promote blockchain for the wider community
member
Activity: 840
Merit: 10
What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?
One way to motivate people  to start a crypto business would be the government's support. If there is a strong support from the government then that would the easiest way to do it. So basically, it depends on how the government looked on Crypto. Second is probably if price fluctuation will be minimized then it would be easy to convince people to have crypto business.

Without government support on regulation, merchant must be afraid to accept crypto for payment. This will happen in near future and government will regulate cryptocurrency as currency
jr. member
Activity: 213
Merit: 1
What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?
As we can right now many merchants adopt crypto or bitcoin use as a payment to their goods or food. So I think even a small store can use it as payment. And we all know that every year crypto is develop so I think it's not surprising that some small businesses use crypto as a payment.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
Small businesses that are scattered can actually start by adopting the blockchain as has happened a lot recently, I'm sure with the massive adoption made by small to large businesses, then over time they will accept bitcoin as a payment tool. I'm sure this will happen someday, because as far as I know the issue of legality is not a big problem at the moment, because has there are many countries that legalize bitcoin.
hero member
Activity: 1071
Merit: 500
If you have a project that has a firm footing on the ground, and your primary goal is to improve your business and you provide quality products or services not only for profit but in the long run, you will profit from everything at the end.
newbie
Activity: 32
Merit: 0
What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?
And what's the problem, now create a store? It is not difficult to implement, the problem is that people do not use cryptocurrency so often. As soon as the situation changes, everyone will connect the payment in cryptocurrency.
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