What Point Do You Start Accepting Bitcoin as a Payment Option For Your Business?

[Cryptomultiplier]

If I had a small business at this stage and am making minimal profit with hopes of it growing, I can consider allowing bitcoin as a payment option if customers chose so and if I have had the necessary knowledge of how bitcoin operates.
I think what is most important is the knowledge of bitcoin and the intelligence of its application in our everyday life is what makes life easy.
At the point where I can confidently accept payment for my services without much bargain, when I have enough knowledge or a tram with steady knowledge of the use of bit coin, also when my business has grown to get recognition and trust among customers, then I can accept bitcoin payment option because I know it will be more coordinated and effective.

[decodx]

If I've got few consumers that are ready to make payment in the form of cryptocurrency I'll start accepting cryptocurrency payment into my business. Prior to that I need to educate the people as many of our forum members have done. Maybe this can take little time, because teaching a community about something new is really big.

It is definitely true that teaching a community about something new can take time. It would be best to reach out to your local community and discuss the pros and cons of cryptocurrency with them. I recommend posting on your popular local forum or Reddit, if there is one. You should be able to find your community there and ask if they will help support you in educating the public. From there, with their guidance, you can attempt to create a product or service that benefits both you and your customers. We don't know yet how your audience will respond to cryptocurrency, so take your time to figure out the ways that you can best introduce cryptocurrency into your business.

[Esther C]

I have read more than five (5) posts on this forum where users celebrate accepting bitcoin as a payment option for their business. Outside of the forum, we have read news of companies such as Microsoft, Home Depot, Twitch, Whole Foods, Gyft, Benfica accepting bitcoin as a payment. The question that has been on my mind for quite a long time is that-at what point do you think a business should start accepting bitcoin as a payment option, considering profit margin, price stability, and manipulation from exchanges?

https://i.imgur.com/FVq3kMH.png

Image source: Bitcoin Accepted Here

I think I’ll just keep quiet for the big boys to talk on this one😅

[milewilda]

I have read more than five (5) posts on this forum where users celebrate accepting bitcoin as a payment option for their business. Outside of the forum, we have read news of companies such as Microsoft, Home Depot, Twitch, Whole Foods, Gyft, Benfica accepting bitcoin as a payment. The question that has been on my mind for quite a long time is that-at what point do you think a business should start accepting bitcoin as a payment option, considering profit margin, price stability, and manipulation from exchanges?

Image source: Bitcoin Accepted Here

I think I’ll just keep quiet for the big boys to talk on this one😅

Doesnt need for you to be included on those big boys yet you could implied or integrate it out on your own small business which i dont really see anything wrong with it as long you the owner is really that
pretty much aware on things that is happening around on overall when you do tend to accept Bitcoin or other altcoins on your business.You are putting yourself on such volatility on where
you should really be that realizing it on the first hand.Its up to you whether you would be accepting or not and just like the rest been saying that if you are ready or prepared
for such movement of price then go ahead and accept it.It wont really be that hard as long cryptocurrency is neither neutral or positive on the place where you do live.