Is small business ready to sell for cryptocurrency?

[awik p]

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?

Any small business that plans to use cryptocurrency as mode of payment should also be for possible losses of funds due to the coin's volatility. They must also have a good knowledge in cryptocurrencies so they can be prepared for any eventuality like sharp decline of prices and pssible hackings. I think virtual coins is not yet popular in many places and number of merchants that uses it is still limited.

the main thing is they have to understand about cryptocurrency, as you describe it, of course, by accepting payments using bitcoin has high volatility, so it becomes very risky if there is a drastic decline. but if they can manage it, this has 2 advantages, which can be used as an investment tool

[resty]

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?

I think the are many people out there who are interested to start their business on crypto,  they are just afraid to apply it because they are in the process of learning. It is obviously hard to start a business that you dont know truly. Also business takes courage , long preparation, and good source of income. It is advisable to start your business at the time you already have a stable income like investments to support you financialy.

[gabmen]

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?

Any small business that plans to use cryptocurrency as mode of payment should also be for possible losses of funds due to the coin's volatility. They must also have a good knowledge in cryptocurrencies so they can be prepared for any eventuality like sharp decline of prices and pssible hackings. I think virtual coins is not yet popular in many places and number of merchants that uses it is still limited.

the main thing is they have to understand about cryptocurrency, as you describe it, of course, by accepting payments using bitcoin has high volatility, so it becomes very risky if there is a drastic decline. but if they can manage it, this has 2 advantages, which can be used as an investment tool

Well people who will accept crypto as payments would already by well aware of that possibility i'm sure. I don't think a newbie crypto user would have the guts to trade wares for crypto.

[ipsec]

For me, using cryptocurrency in a small business is just a "trick".
This can create additional advertising for your business, yes. But using cryptocurrency now (no matter what country you live in) is very inconvenient compared to standard payment methods.

[iMark]

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?

Any small business that plans to use cryptocurrency as mode of payment should also be for possible losses of funds due to the coin's volatility. They must also have a good knowledge in cryptocurrencies so they can be prepared for any eventuality like sharp decline of prices and pssible hackings. I think virtual coins is not yet popular in many places and number of merchants that uses it is still limited.

the main thing is they have to understand about cryptocurrency, as you describe it, of course, by accepting payments using bitcoin has high volatility, so it becomes very risky if there is a drastic decline. but if they can manage it, this has 2 advantages, which can be used as an investment tool

what is important is, the payment system that you implement. if you don't want to lose because of fluctuations then use the payment system by automatically converting to fiat, so you will not lose money due to fluctuations, I think that is done by some online stores that accept crypto payments

[nur rochid]

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?

Any small business that plans to use cryptocurrency as mode of payment should also be for possible losses of funds due to the coin's volatility. They must also have a good knowledge in cryptocurrencies so they can be prepared for any eventuality like sharp decline of prices and pssible hackings. I think virtual coins is not yet popular in many places and number of merchants that uses it is still limited.

the main thing is they have to understand about cryptocurrency, as you describe it, of course, by accepting payments using bitcoin has high volatility, so it becomes very risky if there is a drastic decline. but if they can manage it, this has 2 advantages, which can be used as an investment tool

what is important is, the payment system that you implement. if you don't want to lose because of fluctuations then use the payment system by automatically converting to fiat, so you will not lose money due to fluctuations, I think that is done by some online stores that accept crypto payments

this method can also be implemented as a small shop, but knowing trading, I think it will be better, because we can hold the cryptocurrency that we get, and I consider it a double job

[akram143]

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?

Any small business that plans to use cryptocurrency as mode of payment should also be for possible losses of funds due to the coin's volatility. They must also have a good knowledge in cryptocurrencies so they can be prepared for any eventuality like sharp decline of prices and pssible hackings. I think virtual coins is not yet popular in many places and number of merchants that uses it is still limited.

the main thing is they have to understand about cryptocurrency, as you describe it, of course, by accepting payments using bitcoin has high volatility, so it becomes very risky if there is a drastic decline. but if they can manage it, this has 2 advantages, which can be used as an investment tool

what is important is, the payment system that you implement. if you don't want to lose because of fluctuations then use the payment system by automatically converting to fiat, so you will not lose money due to fluctuations, I think that is done by some online stores that accept crypto payments

selling goods for Bitcoin is a very good idea but the UN stability of cryptocurrency will made the people do not trust Bitcoin for this type of business that's why people are very confusing to pick the value or to make the investment or selling products for Bitcoin but it changes soon.

[hubballi]

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?

Any small business that plans to use cryptocurrency as mode of payment should also be for possible losses of funds due to the coin's volatility. They must also have a good knowledge in cryptocurrencies so they can be prepared for any eventuality like sharp decline of prices and pssible hackings. I think virtual coins is not yet popular in many places and number of merchants that uses it is still limited.

the main thing is they have to understand about cryptocurrency, as you describe it, of course, by accepting payments using bitcoin has high volatility, so it becomes very risky if there is a drastic decline. but if they can manage it, this has 2 advantages, which can be used as an investment tool

what is important is, the payment system that you implement. if you don't want to lose because of fluctuations then use the payment system by automatically converting to fiat, so you will not lose money due to fluctuations, I think that is done by some online stores that accept crypto payments

selling goods for Bitcoin is a very good idea but the UN stability of cryptocurrency will made the people do not trust Bitcoin for this type of business that's why people are very confusing to pick the value or to make the investment or selling products for Bitcoin but it changes soon.

That is why in the above message the solution is given, that the merchants can take the support from the online exchanges which immediately give them the fiat currency by converting their bitcoin, so that their risk is lowered and they can take benefit of crypto currency business to develop their business.

[Johnyz]

For me, using cryptocurrency in a small business is just a "trick".
This can create additional advertising for your business, yes. But using cryptocurrency now (no matter what country you live in) is very inconvenient compared to standard payment methods.

Yes, its really incovenient for a store to accept cryptocurrency and maybe it will affect the liquidity of that store since it is just a small business. This is more compatible for a medium businesses that can afford to delay some profit and can take the risk of volatility. Though the idea of this one is ok for me i think this should be depend on the situation of the business owner.

[iMark]

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?

Any small business that plans to use cryptocurrency as mode of payment should also be for possible losses of funds due to the coin's volatility. They must also have a good knowledge in cryptocurrencies so they can be prepared for any eventuality like sharp decline of prices and pssible hackings. I think virtual coins is not yet popular in many places and number of merchants that uses it is still limited.

the main thing is they have to understand about cryptocurrency, as you describe it, of course, by accepting payments using bitcoin has high volatility, so it becomes very risky if there is a drastic decline. but if they can manage it, this has 2 advantages, which can be used as an investment tool

what is important is, the payment system that you implement. if you don't want to lose because of fluctuations then use the payment system by automatically converting to fiat, so you will not lose money due to fluctuations, I think that is done by some online stores that accept crypto payments

this method can also be implemented as a small shop, but knowing trading, I think it will be better, because we can hold the cryptocurrency that we get, and I consider it a double job

But the store is not a trader who wants to benefit from price changes, of course they don't want to take the risk of holding crypto that they get for a period of time, because it is very possible that prices will fall and harm them, the point is that all businesses can use crypto payments if the payment system they made suitable

[wewe123]

For me, using cryptocurrency in a small business is just a "trick".
This can create additional advertising for your business, yes. But using cryptocurrency now (no matter what country you live in) is very inconvenient compared to standard payment methods.

Yes, its really incovenient for a store to accept cryptocurrency and maybe it will affect the liquidity of that store since it is just a small business. This is more compatible for a medium businesses that can afford to delay some profit and can take the risk of volatility. Though the idea of this one is ok for me i think this should be depend on the situation of the business owner.

We see it ,that it is  not suitable for small business , but this is only hard for this season , but when the season get rise this could also benefits even the small business,  because of its high rise value , In business if the small enterprise feels that the crypto is low price ,then adjust to fiat money price and leave behind cryptos and do not accept as of this time for ,its   losing capital if it continue to receive crypto payments.

[Nissan-GTR]

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?

You know it will depending on how does the economic state of the one's country works.  Here in our country most of the people here doesn't recognize Bitcoin and with that we can say that small business owners were not able yet to persuade Bitcoin due to that up to kow they were not aware of this community and how this will work.

[ice18]

I think if we can educate them the advantages of using crypto instead of using fiat it will not take any longer to accept coins this small businesses like grocery stores or any food chains out there only proper education is needed but the problem in crypto within its scalability issues is not year clear as of the moment and companies are hesitant to use this technology for possible failure then lost of money. 

[Ozero]

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 order for this to happen, it is necessary for the state to legalize cryptocurrency first, tax and other authorities receive clear instructions on how to check and interact with those business structures that will use cryptocurrency.
From a practical point of view, I read that many shops began to refuse to accept cryptocurrency because of its high price volatility. Not everyone wants to take risks in this regard.

[Gheka]

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 order for this to happen, it is necessary for the state to legalize cryptocurrency first, tax and other authorities receive clear instructions on how to check and interact with those business structures that will use cryptocurrency.
From a practical point of view, I read that many shops began to refuse to accept cryptocurrency because of its high price volatility. Not everyone wants to take risks in this regard.

Exactly, many stores refuse cryptocurrency because it's not suitable for payment when its value changes very quickly, combined with the confirmation time is too long, it was enough to make these stores headache. In addition, as many people here may realize, cryptocurrency is still a product that governments of most countries still don't allow people to use it in real life, big and small shops can understand that and of course, they can't accept crypto when it can bring legal trouble to them, being an entrepreneur, they understand the benefits and losses in this story, so they will definitely not participate in crypto

[West0813]

At the moment cryptocurrencies are not meant for small businesses. It is more better for them to use only fiat. So that their business will not put in danger. Because of the quick changing in price of cryptos.

[crzy]

At the moment cryptocurrencies are not meant for small businesses. It is more better for them to use only fiat. So that their business will not put in danger. Because of the quick changing in price of cryptos.

The volatility is the concern for small businesses to not accept cryptos since they need money that is more stable and easy to use. Its not a good idea to accept cryptos, its too risky to do so and even if you choose the top coins. Cryptocurrency is meant for bigger companies that can afford to take risk and lose money.

[shield132]

There was one good question in this thread from OP: "What kind of reasons can motivate people to start a crypto business?" I would say major reason is very low competition, despite the fact that amazon, ebay and a lot of service can accept bitcoin and destroy everything, they don't do it and haven't done for years. So from this eyesight, there is still low competition and it's more easy to become popular and attract people. Some also may act like they can handle a lot of requests, hold bitcoin and cover fees from their pocket in usd, wait for rise and then sell bitcoins.

[CryptoMoar]

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?

if I'm not going to sell the business that I have built for cryptcurrency. because starting a business is difficult even though it's a small business. better if I want to invest in crypto then I will save then start investing. so that I will continue to run my business and also start trading or investing in crypto. I am sure I can do both well. cryptocurrency business and investment.

[Naida_BR]

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 a double edge sword for small businesses. First of all, they need to make an investment in order to get an ATM or equipment that will help them make these transactions. Also, this kind of companies needs liquidity for their operations so they need to cash out instantly within a short period of time. On the other hand, they will be able to attract a new market where people are able to make crypto payments anonymously.
If I had an online shop I would totally accept crypto as a payment method. Nothing to lose only to earn!