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Author Topic: Is small business ready to sell for cryptocurrency?  (Read 4984 times)
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February 08, 2019, 03:06:52 PM
 #521

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 do think my country are not ready to accept cryptocurrency. In my country indonesia there is only 50% people who owns bank accounts and so many of them dont understand how to do online transactions. But despite all of that indonesia do has a big opportunities for crypto businesses. For example pundi x who trying to make transactions possible and easier are from indonesia, and they do think this kind of situations as opportunities to introduce cryptocurrency to people of indonesia.

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February 10, 2019, 12:07:19 PM
 #522

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 do think my country are not ready to accept cryptocurrency. In my country indonesia there is only 50% people who owns bank accounts and so many of them dont understand how to do online transactions. But despite all of that indonesia do has a big opportunities for crypto businesses. For example pundi x who trying to make transactions possible and easier are from indonesia, and they do think this kind of situations as opportunities to introduce cryptocurrency to people of indonesia.
Indonesia is a well developed country people are well educated so they must be aware of it and within few years I am sure same as America and Africa, Indonesia they will accept bitcoin for payment and they will use it openly on public places, they will use job opportunities and in my country bank system is now almost being vanish and digital system is being use.
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February 10, 2019, 12:57:00 PM
 #523

Actually it is nothing to worng to small business with the crypto market.but many of them have to face some problems.the government of many countries could not accept bitcoin yet legal.banks of many countries still do not support it.crypto small business good ways to Eran extra more money but if your country account in the crypto market.
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February 10, 2019, 12:59:09 PM
 #524

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 service businesses are starting to respond to new trends and they are confident that the crypto market will soon grow again.
The reason is because blockchain technology is essential for the financial and commercial sectors in the future. everything needs to be fast and inexpensive, blockchain technology meets that and without any mistakes. that is the standard of the future. Grin

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February 11, 2019, 12:39:18 AM
 #525

in fact this is still very difficult to apply, even though at present many small shops accept payments using digital money other than cash, but it still uses government digital products or banks instead of cryptos, so even though the crypto currency is already very popular and has become the community but there are many countries that still consider transactions using crypto a violation of the law even though there has been no firm action from the government but it remains an obstacle, besides volatile price fluctuations and no definite controls, making sellers difficult to determine prices and it is difficult to calculate profit (that's an important consideration because no one wants to sell just to lose). but if you accept bitcoin as a payment tool just as a side (as an alternative promotion to attract interest from the crypto user community), that might be one of the reason.
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February 11, 2019, 09:07:04 AM
 #526

If small business/man look far behind obstacles, hindrances or whatever barrier he think will be the cause not to engaged into crypto and will stick to its target and desired plan which is to succeed in any way possible.. he will be like facing the giant and dare to risk everything they had just to start business using bitcoin they will do so, I think they are ready as long as they're well prepared.

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February 11, 2019, 09:31:35 AM
 #527

Actually it is nothing to worng to small business with the crypto market.but many of them have to face some problems.the government of many countries could not accept bitcoin yet legal.banks of many countries still do not support it.crypto small business good ways to Eran extra more money but if your country account in the crypto market.
you're right, there's nothing wrong with that, but it all depends on government regulations. if you want to do that, maybe it's better to open an online store, because on the internet I think that can. however, opening a small business that accepts cryptocurrency is very difficult to do in a place that has regulations that are contrary to cryptocurrency.
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February 11, 2019, 09:45:29 AM
 #528

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 tell friend, many people are in support of the concept of crypto and are ready to integrate it into their payment systems. The issue now is the unapproved usage of cryptocurrency by  governments of some countries. Personally, I have introduced cryptocurrency to some stores and they showed interest yet they are afraid of the legal issues behind it because the government here still remains neutral about it which means it is very difficult to decide whether it is authorized or not.
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February 11, 2019, 10:34:31 AM
 #529

International companies will love Crypto. Makes it easier to repatriate profits... Instantly.

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February 11, 2019, 01:57:07 PM
 #530

If I would base my answers just in my location, I would say cryptocurrency is yet a bit partially applied or is not known as much. There is so much to work on so that it could become easy to use. The main problem that hinders is the idea that money has to pass exchanges and payment for conversion is a bit high in my locality. These results in people not being able to weigh or see the advantages of using cryptocurrency. Although for money transfer it could work because it is helpful for performing a speedy transaction with no hassle especially if it has to cross borders or cross countries. This works very well in my area unquestionably positive.


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February 11, 2019, 05:11:51 PM
 #531

If small business/man look far behind obstacles, hindrances or whatever barrier he think will be the cause not to engaged into crypto and will stick to its target and desired plan which is to succeed in any way possible.. he will be like facing the giant and dare to risk everything they had just to start business using bitcoin they will do so, I think they are ready as long as they're well prepared.
Yes, man look far behind obstacles it will engaged into crypto but the major problem which hinder small and local business owner in joining crypto currency is the state which their government endorse it and I could remember when Japanese legalized bitcoin every stores and retailers business owner start to accept crypto currency as payment.

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February 11, 2019, 05:40:54 PM
 #532

Both small and large enterprises will all be skeptical about accepting bitcoins due to instability and various restrictions,that is why adoption is very important in the cryptocurrency market,with more adoption cryptocurrency will spread for and wide and be legal in more countries as well
And on the issue of instability which leads to volatility,it has remained a pressing issue that has dissuaded small and large enterprises from fully giving in to the bitcoin

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February 11, 2019, 05:42:35 PM
 #533

Many companies needs liquidity for their operations. First of all they need cashouts within a same period of time.
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February 11, 2019, 06:41:22 PM
 #534

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?
And what's the problem, now create a store? It is not difficult to implement, the problem is that people do not use cryptocurrency so often. As soon as the situation changes, everyone will connect the payment in cryptocurrency.
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February 11, 2019, 09:25:15 PM
 #535

If you have a project that has a firm footing on the ground, and your primary goal is to improve your business and you provide quality products or services not only for profit but in the long run, you will profit from everything at the end.
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February 11, 2019, 09:41:11 PM
 #536

Small businesses that are scattered can actually start by adopting the blockchain as has happened a lot recently, I'm sure with the massive adoption made by small to large businesses, then over time they will accept bitcoin as a payment tool. I'm sure this will happen someday, because as far as I know the issue of legality is not a big problem at the moment, because has there are many countries that legalize bitcoin.

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February 11, 2019, 11:44:17 PM
 #537

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?
As we can right now many merchants adopt crypto or bitcoin use as a payment to their goods or food. So I think even a small store can use it as payment. And we all know that every year crypto is develop so I think it's not surprising that some small businesses use crypto as a payment.

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February 12, 2019, 01:36:00 AM
 #538

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?
One way to motivate people  to start a crypto business would be the government's support. If there is a strong support from the government then that would the easiest way to do it. So basically, it depends on how the government looked on Crypto. Second is probably if price fluctuation will be minimized then it would be easy to convince people to have crypto business.

Without government support on regulation, merchant must be afraid to accept crypto for payment. This will happen in near future and government will regulate cryptocurrency as currency

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February 12, 2019, 02:04:32 AM
 #539

Small businesses that are scattered can actually start by adopting the blockchain as has happened a lot recently, I'm sure with the massive adoption made by small to large businesses, then over time they will accept bitcoin as a payment tool. I'm sure this will happen someday, because as far as I know the issue of legality is not a big problem at the moment, because has there are many countries that legalize bitcoin.
it can be applied to countries that have legalized bitcoin as a means of payment, but for countries that have not legalized it, they will certainly face the law. with small businesses using blockchain, of course, it will help promote blockchain for the wider community
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February 12, 2019, 02:14:02 AM
 #540

Small businesses that are scattered can actually start by adopting the blockchain as has happened a lot recently, I'm sure with the massive adoption made by small to large businesses, then over time they will accept bitcoin as a payment tool. I'm sure this will happen someday, because as far as I know the issue of legality is not a big problem at the moment, because has there are many countries that legalize bitcoin.
it can be applied to countries that have legalized bitcoin as a means of payment, but for countries that have not legalized it, they will certainly face the law. with small businesses using blockchain, of course, it will help promote blockchain for the wider community
actually many benefit if government legalized cryptocurrency for their income source.they could attrack taxes from it.but it will not significant if merchants that approved btc as payment only few merchants.

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