Topic: Is small business ready to sell for cryptocurrency? - page 25. (Read 4984 times)
Small business is easier to adapt to the crypto currency, because there are few areas of activity.
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?
In my country, not many merchant accepting bitcoin for payment because government regulation. But many big merchant see the opportunity from cryptocurrency and i am believe they will accepting crypto if regulation approved by government.
Merchant will have many benefits from accepting cryptocurrency for payment because they can hold cryptocurrency as their assets and it will growing
I think most of small businesses are not completely ready to accept crypto as long as their supply chains are still operating in fiat money. Nevertheless, there already is a benefit of accepting crypto as it can let companies save on comissions they currently pay for Visa and MasterCard services.
This is better explained. Another reason why most of the small businesses are not ready and do not accept crypto currency is that many countries have not recognized crypto currency so far and hence do not get indulged in crypto. This is one reality that those who accept crypto save the extra money that was initially required as charges for transactions. But in countries where it is legal to trade crypto, small business might go for it as well because large companies are already accepting it which tends to rise their profit margin.
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?
It is not small business' that needs to be ready to sell for cryptocurrency. It is the providers that needs to get ready for it, you need to create a system for the small business to easily accept bitcoin and easily sell it to fiat for paying back their own providers as well. Small business needs ease of use and ease of selling, unless you provide these two to them they will not consider taking any of their business to crypto at all. It would just make their lives a lot harder.I can say yes they can if they they know how to manage it and if everything is settle and have been agreed thereis a chance for this small business to grow and expand and can use bitcoin too.
Adopting cryptocurrency must be a very small part compared to a business. Now a days, cryptocurrencies payments options are available with proper processors who will take care of all the hassles of handling a new payment system. Hence, I too believe more businesses will start adopting bitcoins in coming days given that their governments have positive or neutral stand against cryptos.It's actually incredibly easy for a small business or individual to accept crypto as payment. You just give the client the wallet ID and ask them to send it there. Keep a wallet dedicated to that business' revenue and only draw on it for large purchases.
The hard part is getting people to accept it. Most people will look at you in shock if you ask them to send money in bitcoin because they think it's some kind of abstract concept that only exists in programmer's minds. They don't really trust it enough, or they just don't know where to begin. More education is necessary before people will start taking it up.
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 business, as far as I know, already uses cryptocurrencies to pay for their goods and services. I have met a lot of sites that accept bitcoin, part of altcoins. For example, payment for hosting, freelancer services, payment for goods on the Internet. Even I have seen that apartments and houses are sold for bitcoins.
A large number of small businesses have had a thorough and in-depth study of the virtual currency market and blockchain technology, investing a lot of money and time and effort. Lack of knowledge, lack of luck ... can become "small fish" as bait for the "shark", because the investment market virtual currency contains many risks such as loss of value, rapidly devalued. Normally, a very high risk market means that profits will be high.
I think most of small businesses are not completely ready to accept crypto as long as their supply chains are still operating in fiat money. Nevertheless, there already is a benefit of accepting crypto as it can let companies save on comissions they currently pay for Visa and MasterCard services.
merchants are still trying to adopt for cryptocurrency in large but price volatility is a major concern
I think Though there are quite a lot of considerations including its unlimited volatility and overall accessibility to the public.
And Personally, if I own a business, I will accept bitcoin even though I will consider the current price. It will serve as an investment for me in the field of cryptocurrency that many believe has great potential in the future.
And Personally, if I own a business, I will accept bitcoin even though I will consider the current price. It will serve as an investment for me in the field of cryptocurrency that many believe has great potential in the future.
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?
It is not small business' that needs to be ready to sell for cryptocurrency. It is the providers that needs to get ready for it, you need to create a system for the small business to easily accept bitcoin and easily sell it to fiat for paying back their own providers as well. Small business needs ease of use and ease of selling, unless you provide these two to them they will not consider taking any of their business to crypto at all. It would just make their lives a lot harder.I can say yes they can if they they know how to manage it and if everything is settle and have been agreed thereis a chance for this small business to grow and expand and can use bitcoin too.
Adopting cryptocurrency must be a very small part compared to a business. Now a days, cryptocurrencies payments options are available with proper processors who will take care of all the hassles of handling a new payment system. Hence, I too believe more businesses will start adopting bitcoins in coming days given that their governments have positive or neutral stand against cryptos. build small business use crypto depend on the situations on the particular countries because you cannot build your own business use crypto if your country banned crypto but the common reason why they build online stores accept crypto as the payment maybe use crypto is more easy than use cash for transactions and it can do everytime and everywhere as long as internet connections available
i agree, it depends on what time do you have purchased or invest it. Particularly like small business owner is the one who can make a decision that is not going to be there. but small business is the key for the first time in the market for sure getting ready to get a chance of a kind of investment. 
well we cannot under estimate small business becuase it this small that big business started or came from, we can't tell how are they're goin to compete to those big comapnies using bitcoin it usually gain attraction to many people as well as investor, I can say yes they can if they they know how to manage it and if everything is settle and have been agreed thereis a chance for this small business to grow and expand and can use bitcoin too.
The main thing is to explain to people how this works. The unknown always scares.
I think it depends on the country acceptability if the country is accepting crypo and the nature of the businesses one is doing , small time it will be only means of access to so many countries
It depends on a business you have. If it does not bring you a lot of money, you can really do it. However, in case, when it gives you profits, better save it.
I don't think people are ready to pay services by bitcoin. Even big businesses aren't ready yet.
You are right about that because not all the countries around the world have legalized crypto and not all of them are worth to be traded. There are only few cryptos which have the potential to stay alive in the market for long and can store money as well. We have so many examples for example in USA; a shopping mall even accepts Bitcoin and some companies in Japan have also started dealing in it. This means there are good signs for the crypto to be generally accepted as mode of payment.
Anyone can do this,to have a small business that items payable with bitcoin. They can earn more profits if their customers will pay bitcoins every items they will buy. It will be a one good and nice strategies to have more bitcoins and it can be profitable if they will invest it,and sell in a right time.
it seems to me that synergy is unavoidable, since crypto-currencies have a number of advantages for small businesses, such as low commissions, speed of payments, lack of intermediaries, security.
Absolutely anyone can accept payments in bitcoins, but the problem of entrepreneurs now is that now there is a very small audience that is able to pay with a crypto currency. Now everyone is accustomed to paying for goods with fiat money.
Small business selling in cryptocurrency is not a bad idea. This is part of what could help the economy. If the government accepts it and large scale business allows the small ones to grow in Bitcoin then why not? It will bring about enough profit for those in small business and it will move faster too.
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