How much important bitcoin for entrepreneurs?

[fullhdpixel]

Bitcoin is certainly very important for financial businesses and entrepreneurs. All transactions are very cheap. sometimes they can avoid government taxes based on transferring BTC to partner wallets. both cost-effective and the government cannot know the number of imports and exports.
that's why the government doesn't like crypto.

It’s not just meant for entrepreneurs, it is meant for anyone that can understand how to make use of it and everything about it. It is not all entrepreneurs that makes use of cryptocurrency, and by the way there are businesses that you will be into and you won’t really need to make use of cryptocurrency.

If I’ have an online store I don’t even think I will accepting cryptocurrency for it, I will prefer to set up credit and debit card payments, or things like PayPal. Everyone has what works for them and the kind of business you’re into will get you to know what’s best for you.

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[DmitFomin]

Some progressive entrepreneurs have long understood that Bitcoin has come to us for a long time and the digital economy is what awaits us in the next few years. Those who realized this had already integrated Bitcoin into their business and began to receive dividends as an increase in the number of clients from the sphere of crypto enthusiasts and such progressive people.

[alcoholboy]

Bitcoin is a very important place for entrepreneurs. Because an entrepreneur is the father of any initiative. That is, whoever initiated anything, the entrepreneur. The entrepreneur always seeks a good person, with whom the influence of his initiative will be increased. And to find it, I would say Bitcoin as a unique platform.
So I think Bitcoin is very important for the entrepreneurs.

Thank You

[TheUltraElite]

Take 2017 bull run as an example, there are people who made a lot of profit and some got rich due to the bull run, but there are people that bought at that peak price and believed that it will keep on going up, but they got disappointed and lost all their money.

They didnt "lose" their money. Its common for people to tell the extreme as a mode of apprehension. They bought bitcoin at a price higher than what it is today - thats what is true. Again this is not related to entrepreneurs. Speculative trading happens everyday and people either make money or lose money.

New projects being developed on bitcoin as a payment system should be least bothered about what people made or lost in trading. They can keep the price of their goods/services pegged to USD and thus a fluctuating bitcoin price pegged to that USD value.

[Dr.Osh]

Bitcoin is a very important place for entrepreneurs. Because an entrepreneur is the father of any initiative. That is, whoever initiated anything, the entrepreneur. The entrepreneur always seeks a good person, with whom the influence of his initiative will be increased. And to find it, I would say Bitcoin as a unique platform.
So I think Bitcoin is very important for the entrepreneurs.

Thank You

well, you could say I'm also a businessman. yeah, for me bitcoin is very important. it really helped me in developing the business that I lived in, even more so when the price went up. well, before getting to know bitcoin, I was just a student who wasn't very interested in business. so I think, this is very important in building a willingness in doing business.

[Ozero]

After 1 year and few months, bitcoin has gain its popularity because of the bull market that it went last 2017. And entrepreneurs who are into the business looks bitcoin with so many views, not just for the ease payment that it offers but as investment itself. Bitcoin is important for most of the entrepreneurs that has customers that pays them with bitcoin and runs their business exactly like that. And for normal crypto people, definitely bitcoin is important as well like on how much importance they gave to it.

It seems to me that entrepreneurs will not yet widely use cryptocurrency in their business. In addition to the slow legalization of cryptocurrency by states and the lack of adequate infrastructure for using it as a means of payment, a high level of price volatility of cryptocurrency, which cannot be reduced, is of great importance. Business loves stability, especially in money. With cryptocurrency such stability is impossible.

[mornabo]

After 1 year and few months, bitcoin has gain its popularity because of the bull market that it went last 2017. And entrepreneurs who are into the business looks bitcoin with so many views, not just for the ease payment that it offers but as investment itself. Bitcoin is important for most of the entrepreneurs that has customers that pays them with bitcoin and runs their business exactly like that. And for normal crypto people, definitely bitcoin is important as well like on how much importance they gave to it.

It seems to me that entrepreneurs will not yet widely use cryptocurrency in their business. In addition to the slow legalization of cryptocurrency by states and the lack of adequate infrastructure for using it as a means of payment, a high level of price volatility of cryptocurrency, which cannot be reduced, is of great importance. Business loves stability, especially in money. With cryptocurrency such stability is impossible.

Indeed, I think because of the limited acceptance of Bitcoin, there is no legality from the government, and the number of users is still small. bitcoin is not so important for a businessman, bitcoin market is still small for them, except if the adoption of bitcoin has reached all humans on earth, of course bitcoin will be very important for entrepreneurs because it will give them a large additional market.

[Seeker#9]

Bitcoin become important to the entrepreneurs if they use it as one of their source of funds. But using bitcoin is not yet popularly used by majority of the entrepreneurs or business people because of its price volatility. Furthermore many people still prefer to use fiat which is more convenience to them than the virtual currency. If the usage of bitcoin in the future increases, many merchants ight consider to accept bitcoin as a method of payment.

[alyssa85]

It seems to me that entrepreneurs will not yet widely use cryptocurrency in their business. In addition to the slow legalization of cryptocurrency by states and the lack of adequate infrastructure for using it as a means of payment, a high level of price volatility of cryptocurrency, which cannot be reduced, is of great importance. Business loves stability, especially in money. With cryptocurrency such stability is impossible.

Also lots of businesses got burned in Dec 2017, and the ones who withdrew payment by bitcoin, like Steam, are yet to return. I think a lot of them have decided that bitcoin is an asset or commodity rather than a currency. If businesses do adopt crypto, they might choose an alt instead, if they can find an alt that is stable and not volatile (which might be impossible!)

[Muzika]

I think it is depends on the nature of business of an entrepreneur, if the business are circulating more on technology and if the business are something to do with international then it might help them if they will use bitcoin or even cryptocurrency.