Is small business ready to sell for cryptocurrency?

[incomefromcoins]

small business are fast to get adopted for cryptocurrency more the small business adoption we may see the most percentages of business are into crypto merchant acceptance

[mrdeposit]

small business are fast to get adopted for cryptocurrency more the small business adoption we may see the most percentages of business are into crypto merchant acceptance

If dealer buys the goods to be sold with crypto, he could. Because the price volatility is the best reason not to accept crypto as payment. Otherwise, you will trade crypto, get with dollar and sell for crypto.

[Astvile]

Im sure there are alot of people ready to sell their goods for bitcoin or any cryptocurrency.This sellers can be motivated by first,the cryptocurrency popularity and technology nowadays,we all know that most people do transaction online plus there are alot of users of cryptocurrency  who wants to spend their bitcoin for goods then creating such services will make you earn a fortune if you are lucky

[tadpole_bitfrog]

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 that's the potential of crypto. Because this is a very good time to businesses hold the coins. We have not yet escaped the economic downturn. We are at a recovery level and other businesses are trying to pay with BTC or ETH to get a great interest rate after 1-2 years.

[SvonioneFromMangoCoinz]

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?

There are many reasons for businesses to accept payment by crypto and hold them. We always know that crypto and blockchain are big topics and are interested in the world. That is a good sign.
In addition, blockchain technology can make payment easier and faster than ever. The convenience will attract more customers.

[nerlial]

People can and are ready to sell products for cryptocurrency. But there is one very important problem that hinders this. The government does not recognize cryptocurrency, and this makes it impossible to sell for cryptocurrency.

[loopes]

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?

The reasen is to sell more goods by reach new market. There are many cryptocurrency holders who want to spend their cryptocurrency so if businessmans want to increase their selling then they can do it by accept cryptocurrency as medium of exchange. They don't need to take big risk to hold it for long term, they can use vendor service so those businessman still can get profit in form of fiat but if there are some of businessmans who smart and brave then those businessman can save their profit in form of bitcoin or other cryptocurrencies.

[niteroy]

The problem with the integration of cryptocurrency in small business is that most entrepreneurs are faced with the fact that they need to pay taxes, and given that in most countries there are no prescribed rules that would regulate taxation, trade and exchange for Fiat. In addition, the volatility of cryptocurrencies scares many business representatives, but they can use services with instant conversion of cryptocurrency, for example, into stablecoin USDT and thus the volatility is reduced to zero and the business does not lose money on this.

[btcmegastar]

Now, most of the small level business people are adopting the cryptocurrency as one of the payment options for the payments because now PundiX is providing POS machines to a small business holder for the payments. Now it makes easier to sell their product for cryptocurrencies too.

[shesheboy]

People can and are ready to sell products for cryptocurrency. But there is one very important problem that hinders this. The government does not recognize cryptocurrency, and this makes it impossible to sell for cryptocurrency.

In what country you are living ?  Only few left that does not allow cryptos but the rest are now hundred percent legal to use cryptos  but theres still lots of problem that we must face  . few are , the volatility  .  cryptos are volatile and the prices can fluctuate from time to time .

 you will find it hard to adjust your pricing if you are using a price tag ( if its an offline store )  or some cases you might loose   .

  next one could be the adoption  , people on your country or on your place might not be aware on what is it but who says that you will only be using cryptos alone  ?  Cryptos can only be an alternative next to fiats  and credit cards  .

[Betwrong]

~ cryptos are volatile and the prices can fluctuate from time to time .

 you will find it hard to adjust your pricing if you are using a price tag ( if its an offline store )  or some cases you might loose   .
~

It's a double-edged sword actually. You can equally lose or gain because of the volatility and you are going to be more or less even in the long run. So, I would say if the government allows you to accept crypto as payment, being a good businessman you should rather accept it, because otherwise you are risking to lose the competition to those who do.

[Umkar]

A business could go well, there is everything necessary for this, but there are examples of how small businesses provided their customers with the service of paying for cryptocurrency, but there were very few people willing to pay for cryptocurrency and they had to abandon this idea. Although there are examples of where cryptocurrency is used as an additional service and it works well, the truth is now that few people spend cryptocurrency, many people just keep it and wait for growth.

[Farma]

People can and are ready to sell products for cryptocurrency. But there is one very important problem that hinders this. The government does not recognize cryptocurrency, and this makes it impossible to sell for cryptocurrency.

you're right, in this case there are many problems that need to be considered. selling small businesses for cryptocurrency, is a pretty good thing. but support from the places around us, risks, and other things need to be considered.

[traderethereum]

Actually, I don't have any idea for this. Maybe they are ready to sell for cryptocurrency but maybe they are not ready. The point is if the small business ready to accepting the cryptocurrency, then they will try to use the other payment method than to use Paypal, Credit Card, Debit Card only in their website or offline store.
We can try to motivate them to use cryptocurrency because we have so many coins in the cryptocurrency that will suit for the payment method and we don't have to use bitcoin only.
If the customer doesn't want to wait for a long time, then they can use dogecoin, litecoin or the other fast transaction coins while they can use bitcoin too.

[Pab]

It is very much depend where
Small business can have problems to manage bitcoin
They can accept bitcoin through services like coinpayments etc but  they will receive fiat
There is also not so much people who will like to spend bitcoin on shopping

[Saf1211]

Not at all, in my opinion a lot more need to be done before small businesses can use what they are accustomed to in every day life with crypto.

example integration with accounting software for wallets

currently most accounting software allows direct integration with bank account no such things for crypto with whats gone in and out.

[Pamadar]

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 that's the potential of crypto. Because this is a very good time to businesses hold the coins. We have not yet escaped the economic downturn. We are at a recovery level and other businesses are trying to pay with BTC or ETH to get a great interest rate after 1-2 years.

The interest and knowledge of business owners will allow them to accept transactions between their goods and bitcoin, crypto volatility is the major factor why merchants are having issue adopting this chain, without proper knowledge they will be afraid losing money if the market fluctuates against them, but f they have enough idea that time also will come that pumped will add more profits, it's just need to build strong foundations and trust.

[Naida_BR]

Not at all, in my opinion a lot more need to be done before small businesses can use what they are accustomed to in every day life with crypto.

example integration with accounting software for wallets

currently most accounting software allows direct integration with bank account no such things for crypto with whats gone in and out.

How is this connected with the investors decision and the fact that they are going to sell their cryptos or not?
Do you mean that if they are to sell them, they should sell them in return of products that are going to be acquired from the companies?
I like your idea though about the integration of crypto wallets in accounting softwares.

[Irvinn]

If you don't want to innovate, you can be sure to be left behind, bitcoin is already popular and widely used for direct or online transactions, the presence of bitcoin certainly helps the business small to go international.

You probably are not an entrepreneur yourself and have no idea about running a business. First of all, there are strict financial statements in business. Reporting is not on the fingers, and not on the link of the blockchein protocol, where you conducted thousands and tens of thousands of transactions in the process of running your business. Tax authorities need to provide real documents on which they could calculate your profit. Such documents are now given by banks, where business structures are serviced. If you do not provide such documents to the tax authorities, then you will be fined so that your business will be unprofitable.
The second point is the high price volatility of cryptocurrencies. Business must be predictable. If business structures use cryptocurrency, it will no longer be a business, but a roulette game where you can either win or lose. This business is not engaged. For this there is a casino.

[Spaffin]

If you don't want to innovate, you can be sure to be left behind, bitcoin is already popular and widely used for direct or online transactions, the presence of bitcoin certainly helps the business small to go international.

You probably are not an entrepreneur yourself and have no idea about running a business. First of all, there are strict financial statements in business. Reporting is not on the fingers, and not on the link of the blockchein protocol, where you conducted thousands and tens of thousands of transactions in the process of running your business. Tax authorities need to provide real documents on which they could calculate your profit. Such documents are now given by banks, where business structures are serviced. If you do not provide such documents to the tax authorities, then you will be fined so that your business will be unprofitable.
The second point is the high price volatility of cryptocurrencies. Business must be predictable. If business structures use cryptocurrency, it will no longer be a business, but a roulette game where you can either win or lose. This business is not engaged. For this there is a casino.

Well said. In order for business structures to start accepting cryptocurrency, at a minimum, it needs legalization by the government, after which all government agencies, including tax authorities, should receive certain instructions on how to use cryptocurrency in practice.
There are many examples when enterprises, especially in trade, first began to accept bitcoins or other cryptocurrency as payment for goods, and then refused to do it because of organizational difficulties and especially because of its high level of price volatility.