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Topic: Selling milk tea for Bitcoin - page 8. (Read 1024 times)

sr. member
Activity: 1918
Merit: 268
Vave.com - Crypto Casino
January 23, 2020, 04:20:05 AM
#4
it's the same as we buy coffee, it looks like the price is not much different from the milk tea you sell, so like this if you use bitcoin I think for payment with bitcoin the transaction costs are very expensive even you can buy a glass of your milk tea, why not sell property where prices high so it is not worth the transaction costs, a little advice to add ETH may be much cheaper with less costs not only bitcoin, I do not prohibit it even I support it and it's cool, but add ETH as a second payment other than bitcoin, your government great does not prohibit all people from buying and selling with bitcoin in your country, continue your campaign
legendary
Activity: 2170
Merit: 1427
January 23, 2020, 04:13:41 AM
#3
I think accepting Bitcoin will serve you well, especially around schools where you are dealing with a lot of youngsters who surely know what Bitcoin is and likely own a sat or two as well.

What I find lacking is that there aren't all that many local places where we can spend our coins, and that's something you can start to change. I'm pretty confident that it will motivate other stalls/merchants to follow, especially in times where the price isn't all that far from its next parabolic cycle.

I do wonder what the goal is with the coins that people will be spending at your stall. Hold? Convert to fiat?
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
January 23, 2020, 04:04:01 AM
#2
Not sure if this will actually do good for your business since it looks like bitcoin isn't decently adopted in your city, but hey. Nothing really wrong with trying things out. Who knows there might be some total bitcoin bull out in your neighborhood that becomes a regular customer solely due to you accepting bitcoin payments. You can try playing around with Lightning too if enough people pay with bitcoin. Tongue

P.S. To the other readers, milk tea = bubble/boba tea.
hero member
Activity: 2282
Merit: 659
Looking for gigs
January 23, 2020, 03:46:14 AM
#1
I had a discussion with my parents earlier, saying that they want to start operating our milk tea food cart. We had the cart ready, materials for making the milk tea and so on. Instead of waiting for June or July until the new school building opens, we decided to put our business in a mall rather than the school sooner than later.

My dad was a traditional business style guy. He kept failing because of not being creative and innovative, and sometimes ignoring my suggestions and advice. However, this time, since I am into crypto and blockchain industry, he was thinking about displaying a Bitcoin QR code.

In the city that I lived, there were no businesses yet who accept Bitcoin payments. They do have QR codes, but mostly from a centralized provider and not crypto-related.

I already have my mom's Bitcoin wallet verified, and may need to upgrade it to a Business account as it needs business permit and other requirements necessary. It'll be used for the business anyways.

I think this is going to be a worthwhile experiment, and a great way to start letting people aware about Bitcoin. Maybe I should put some creative promos for those who will buy milk tea using Bitcoin. What do you guys think?
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