Topic: Is small business ready to sell for cryptocurrency? - page 21. (Read 4986 times)

I think business is not ready to sell for crypto currency because there is no stable crypto market. Similarly, the laws of many states do not foresee calculations by crypto-currencies.

I've seen a couple of online shops implement BTC as an option. Haven't seen any other crypto though, but that kind of makes sense right now since many people associate crypto with btc and no other coin. Hope to see a change soon, if only large enterprises would adopt BTC it'd go faster I think.

Small businesses are small, which has small amounts of investment and as a result of profits. And as for many representatives of small business there is a great temptation giving less to get more. Kriiptovylyuta provides an opportunity not only to conduct an anonymous business, but also taking into account the market movements to obtain a significant income due to its changes

do you mean to accept payment using bitcoin in your store?
it has been done, in my country when there are many shops, restaurants and hotels that accept bitcoin as payment.

I think yes, why not. But we need more stable and regulated crypto economy operating already to perform that, otherwise no.

I think all of us can sell even if in small business the important is your willingness of the said investment, and the knowledge you gain and or the strategy to gain from crypto.

crypto is a new and fresh trend and also crypto can be a good opportunity especially for online-based businesses, with crypto every transactions will be easier and safer

the use of bitcoin in small businesses can be motivated through socialization that crypto has various advantages, if crypto payments are used in small businesses, then transactions will be easier and more efficient so its customers can get benefit, this can attract new customers so the business can grow

Are you serious, lol? The technology is there for a long time, check the OpenBazaar decentralized marketplace @ openbazaar.org (openbazaar.com for web browsing of the marketplace) for example, it's the amazon/ebay for cryptocurrency shopping at the moment. eCommerce is destined to be where the cryptocurrencies security and swiftness can really outshine fiat, it would also be a major factor in increasing BTC recognition and adoption rate when more people discover the benefits of such decentralized marketplaces. It would also bring back the currency part of the crypto, having huge potential for increasing daily transaction volumes and generating more network fees, providing constant demand and driving the coins prices up as well. Honestky, idk what's stopping people/businesses from accepting cryptos for their services or goods, infrastructure is ready, concept is long proven and tested. This is exactly what's needed for overall development of cryptocurrencies, more real-life usability and direct competition with fiat economy in multiple sectors. That would do much more in terms of network development than endless stream of bounty campaigns/hunters and similar bs. It's beneficial for both, buyers and vendors alike, and we as a community should at least try to discover and support such practices for the betterment of overall crypto experience we are all being a part of.

I think there have been people who have sold their products and services in cryptocurrency, however, there aren't many people like that. The cryptocurrency is still very refreshing and hard to replace the traditional money immediately.

I think right now the benefit of accepting crypto in small business is smaller than the cost to implement them, there's only a few people that are going to use crypto in the first place especially in the developing country and there's tax that you have to be concerned about. I don't think the volatile price is a problem because there's services where you can sell the crypto immediately after you get them.

The problem is not in Bitcoin's technology or that people are not familiar with it. The reason why small businesses are not yet ready to sell their goods for Bitcoin or any other cryptocurrency is their unstable price if compared to the dollar. If more people accept the whole system, the crypto market will stabilize and only then we will see its use in everyday life.

In my opinion they do not ready cause many small retailer even dont know what crypto is especially in my country. its true i think crypto is popular enough in developed country but in my country its absolutely not ready yet.

I think if the demand for crypto will get higher those small business will getting some hard time if there are huge investments that will going to withdraw in that business. Anyway it could still work and it will depend on how those small business create a regulations on their own so that they can continue their business.

I have bought things and paid for services severally with cryptocurrency. If you meet a crypto oriented person it is easy for the transaction to go through without stress. I bought some medicine with cryptocurrencies.

Small business cannot coup up in cryptocurrency I think. They need funds to launch in ICO to have their product listed in exchange and that would need staff and many more. So it would be impossible for small-time business to go for crypto.

It depends your self and how much you trust crypto currency bussiness in your country. In my country bitcoin or cypto is not so famous but slowly spreading a good benefits to others. But in other country bitcoin is very good because bitcoin their country has many ways. Like shopping, paying bills and use in a bussiness. 

I think it's too dangerous for small merchants to trade using crypto because crypto is not a stable currency. The price can change every minute, the risk of loss may be very large, it is not recommended.

There are many reasons. But I doubt that someone will drop their existing business and change it to crypt. Most likely it was right to use business + crypto. Then, in my opinion, the result would greatly surprise us

Indeed, inserting in the world of business is to risky because you did not know whether you success or fail but it depends on the owner that how it will run it, how to manage it, how to solve when they encounter some hindrances, problems, obstacle, etc. And also how it improve they own business. But crypto as a business, you did not know how to earn money easily in this field because in the market, every minute, days, and hour they will change that is why your money that you may earn in your crypto business is depending in the value of bitcoin.