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Topic: Is small business ready to sell for cryptocurrency? - page 13. (Read 4986 times)

newbie
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Many companies needs liquidity for their operations. First of all they need cashouts within a same period of time.
legendary
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Both small and large enterprises will all be skeptical about accepting bitcoins due to instability and various restrictions,that is why adoption is very important in the cryptocurrency market,with more adoption cryptocurrency will spread for and wide and be legal in more countries as well
And on the issue of instability which leads to volatility,it has remained a pressing issue that has dissuaded small and large enterprises from fully giving in to the bitcoin
hero member
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If small business/man look far behind obstacles, hindrances or whatever barrier he think will be the cause not to engaged into crypto and will stick to its target and desired plan which is to succeed in any way possible.. he will be like facing the giant and dare to risk everything they had just to start business using bitcoin they will do so, I think they are ready as long as they're well prepared.
Yes, man look far behind obstacles it will engaged into crypto but the major problem which hinder small and local business owner in joining crypto currency is the state which their government endorse it and I could remember when Japanese legalized bitcoin every stores and retailers business owner start to accept crypto currency as payment.
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If I would base my answers just in my location, I would say cryptocurrency is yet a bit partially applied or is not known as much. There is so much to work on so that it could become easy to use. The main problem that hinders is the idea that money has to pass exchanges and payment for conversion is a bit high in my locality. These results in people not being able to weigh or see the advantages of using cryptocurrency. Although for money transfer it could work because it is helpful for performing a speedy transaction with no hassle especially if it has to cross borders or cross countries. This works very well in my area unquestionably positive.

copper member
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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?
I tell friend, many people are in support of the concept of crypto and are ready to integrate it into their payment systems. The issue now is the unapproved usage of cryptocurrency by  governments of some countries. Personally, I have introduced cryptocurrency to some stores and they showed interest yet they are afraid of the legal issues behind it because the government here still remains neutral about it which means it is very difficult to decide whether it is authorized or not.
full member
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Actually it is nothing to worng to small business with the crypto market.but many of them have to face some problems.the government of many countries could not accept bitcoin yet legal.banks of many countries still do not support it.crypto small business good ways to Eran extra more money but if your country account in the crypto market.
you're right, there's nothing wrong with that, but it all depends on government regulations. if you want to do that, maybe it's better to open an online store, because on the internet I think that can. however, opening a small business that accepts cryptocurrency is very difficult to do in a place that has regulations that are contrary to cryptocurrency.
full member
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If small business/man look far behind obstacles, hindrances or whatever barrier he think will be the cause not to engaged into crypto and will stick to its target and desired plan which is to succeed in any way possible.. he will be like facing the giant and dare to risk everything they had just to start business using bitcoin they will do so, I think they are ready as long as they're well prepared.
jr. member
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in fact this is still very difficult to apply, even though at present many small shops accept payments using digital money other than cash, but it still uses government digital products or banks instead of cryptos, so even though the crypto currency is already very popular and has become the community but there are many countries that still consider transactions using crypto a violation of the law even though there has been no firm action from the government but it remains an obstacle, besides volatile price fluctuations and no definite controls, making sellers difficult to determine prices and it is difficult to calculate profit (that's an important consideration because no one wants to sell just to lose). but if you accept bitcoin as a payment tool just as a side (as an alternative promotion to attract interest from the crypto user community), that might be one of the reason.
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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?
Small service businesses are starting to respond to new trends and they are confident that the crypto market will soon grow again.
The reason is because blockchain technology is essential for the financial and commercial sectors in the future. everything needs to be fast and inexpensive, blockchain technology meets that and without any mistakes. that is the standard of the future. Grin
sr. member
Activity: 1936
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Actually it is nothing to worng to small business with the crypto market.but many of them have to face some problems.the government of many countries could not accept bitcoin yet legal.banks of many countries still do not support it.crypto small business good ways to Eran extra more money but if your country account in the crypto market.
full member
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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?
I do think my country are not ready to accept cryptocurrency. In my country indonesia there is only 50% people who owns bank accounts and so many of them dont understand how to do online transactions. But despite all of that indonesia do has a big opportunities for crypto businesses. For example pundi x who trying to make transactions possible and easier are from indonesia, and they do think this kind of situations as opportunities to introduce cryptocurrency to people of indonesia.
Indonesia is a well developed country people are well educated so they must be aware of it and within few years I am sure same as America and Africa, Indonesia they will accept bitcoin for payment and they will use it openly on public places, they will use job opportunities and in my country bank system is now almost being vanish and digital system is being use.
full member
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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?
I do think my country are not ready to accept cryptocurrency. In my country indonesia there is only 50% people who owns bank accounts and so many of them dont understand how to do online transactions. But despite all of that indonesia do has a big opportunities for crypto businesses. For example pundi x who trying to make transactions possible and easier are from indonesia, and they do think this kind of situations as opportunities to introduce cryptocurrency to people of indonesia.
member
Activity: 315
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Yes of course, They just need some support of our fellow user of our Cryptocurrency because they are the people who must do some buying to their products to improve their small business. And I think most of the small business owners must also have a communication to other people to let them know how they can provide us with their products.
Small entrepreneurs are ready to accept crypto payments as long as the rules in their country do not prohibit.
Because the concern of entrepreneurs is not crypto money, but the rules that exist in every country because if in a country that considers illegal crypto transactions occur using crypto money, then it can be subject to legal rules.
member
Activity: 798
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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
sr. member
Activity: 938
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According to what I have observed, there are only few stores who are ready to accept cryptocurrencies. Most of the merchants are afraid to adopt it because of the volatility of the bitcoin. It takes more years for them to be ready in accepting cryptocurrencies.
All indeed need a process to be able to penetrate into the retail that is in the store that exists today where virtual payments themselves are also developing and the stage of adjustment to society
member
Activity: 349
Merit: 10
Maybe is best and smart ideas when we got much profit at cryptocurrency and bitcoin, we used it for build real business. Many people never care about the next time how to get success after profit with bitcoin or altcoin, you have schedule your plan after profit with crypto.
Small companies can be actively involved in crypto as recipients of payments with records in countries that legalize cryptocurrency.
Because as a trader and crypto investor, it will give a big advantage for the development of crypto in his country.
hero member
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According to what I have observed, there are only few stores who are ready to accept cryptocurrencies. Most of the merchants are afraid to adopt it because of the volatility of the bitcoin. It takes more years for them to be ready in accepting cryptocurrencies.
Not only Bitcoin. This is the drawback of the whole cryptocurrency environment. Although once the price of cryptos will be more or less stable, small businesses an importers can benefit from it. Especially as speaking of the tourist-oriented sector. 

Well some are also looking a little more into the future. I know a lot of small businesses accepting btc and eth regardless of their current shitty price. Itks accumulation time and they're likely to save these coins for the future.
legendary
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Small business will accept bitcoin if they understand the true need of bitcoin. Right now every small business have begun accepting through debit and credit cards which isn't accepted few years back. Recently in an article it is mentioned about small shops in Indonesia, Philippines, and India placing boards infront of shops stating that they'll accept bitcoin into their business.
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According to what I have observed, there are only few stores who are ready to accept cryptocurrencies. Most of the merchants are afraid to adopt it because of the volatility of the bitcoin. It takes more years for them to be ready in accepting cryptocurrencies.
Not only Bitcoin. This is the drawback of the whole cryptocurrency environment. Although once the price of cryptos will be more or less stable, small businesses an importers can benefit from it. Especially as speaking of the tourist-oriented sector. 
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