Is small business ready to sell for cryptocurrency?

[bhabygrim]

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 can tell you that everyone can sell their good or service in exchange of Crypto.
Most people sell goods and services wants to make profit fast and big in instant. But once you are in business and you are running good, like business mans they don't risk their business and just want to play safe but still earn.

[logicgate]

I believe that many small businesses would like to accept payment in cryptocurrency, this is due to the fact that cryptocurrency is not taxed, and therefore net profit will be higher.

 Well your suggestion is pretty nice but I think it depends on the owner if he is investor or the holder some bitcoin that he can manage to accept bitcoin in his payment system, because when a person invests his money he invest because of awareness about the market value of bitcoin, so I think bitcoin investment is a business itself and no other business will be better than investing in bitcoin.

[jackblacksparrow]

I think that a small business is ready to work with cryptocurrency.  Because they have nothing to lose.  They have no more risks.  But, they will attract the use of cryptocurrency.

[MalakEnay]

Unfortunately, there does not seem to be sufficient incentives for small businesses to accept cryptocurrencies as a payment system, as many of them are not even aware of them, and the tax authorities could establish a series of legal impediments for their use to become popular. While it is true there do not seem to be too many technical problems for this to happen, I doubt very much that this will happen massively for the next ten years.

[Moiyah]

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?

Oh well, if I would have just a small business. I will not hesitate to  accept bitcoin as a payment. But not all of the customer has btc. Anyway, it would be beneficial for the owner and for the customer if they will accept and pay btc. The only problem is that, btc transactions is slow and the fees are high.

[Kimonoe]

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?

Oh well, if I would have just a small business. I will not hesitate to  accept bitcoin as a payment. But not all of the customer has btc. Anyway, it would be beneficial for the owner and for the customer if they will accept and pay btc. The only problem is that, btc transactions is slow and the fees are high.

but do you think if you have a small business, of course the money is small. so if there is a dump, do you still have capital security? of course your capital will be depleted and cannot buy your small industry raw materials

[Leyss]

Now there is not so much a question about the readiness of small businesses to use cryptocurrency, as the legal readiness of the state to ensure this process. Until a small business settles all the issues of practical use of cryptocurrency as a means of payment, and primarily with the tax authorities, it is unlikely that it will begin to do so on a massive scale. Here, we first speak about financial reporting to tax authorities and auditing, since the use of cryptocurrency significantly alters such reporting and in many cases makes it impossible on individual issues.

[mirawantirinjana]

a small business certainly uses a small amount of capital and it is possible to be able to sell it for crypto currencies. even some giant businesses decide to involve crypto currencies on their business trips.

[AjithBtc]

Small businesses adopting bitcoin will happen in large scale over the coming years. From my understanding what we lay as a base at the moment might not get immediate profit on the investment. It surely requires time, because more and more people are getting into bitcoin. Only when the usage increases we'll get big profits. Initiate a business with bitcoin acceptance and have patience to get back the profit.

[fauzan Ichsan]

Small businesses adopting bitcoin will happen in large scale over the coming years. From my understanding what we lay as a base at the moment might not get immediate profit on the investment. It surely requires time, because more and more people are getting into bitcoin. Only when the usage increases we'll get big profits. Initiate a business with bitcoin acceptance and have patience to get back the profit.

of course the one who can be patient is profit from the company. because as a small business, of course capital is not strong, so I think it can only set aside profit from the rest of its business in the form of crypto

[amonymous]

In fact, crypto should be used in small businesses, and of course, it is necessary to focus on the conditions of that country. Because it has been proven many times in your country if there is a ban on the use of crypto, there will be a lot of difficulty in using your crypto. So in the case of crypto business, the country's contribution will play a big role.

[Tylev]

The point is not the willingness of small businesses to use cryptocurrency as a means of payment when selling goods or providing services. Business structures should have a legal justification for using cryptocurrency. The accountant must have instructions on how to practically document the arrival of a cryptocurrency and the further processing of accounting entries with a cryptocurrency, and how to report to the tax inspectorate. Therefore, not everything is as simple as it seems.

[onrise]

I believe that businessmen are still a little afraid to put their business at risk, which brings cryptocurrency.  And while they seem to me will not go to this step.

Not many are ready to take that risk as price is not stable and also many government do not support the way they should be doing for accepting the digital payment as a mode . This discourages people from accepting the payment from crypto .

[angel55]

Very few business are actually accepting crypto directly for their goods and services.  They use 3rd party middleman services like bitpay so they end up getting paid in cash anyways.  Many people don't want to deal with the volatility that bitcoin brings.

[sarmrakib]

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?

Actually a number of people of the earth are now depend on online marketing .You can buy anything via online in globally .I have seen lot's of time in different site their using crypto as a payment system .I think the security and easy transaction system would be the main motivational speech for first level of person who meet first time to crypto. However it will be largely use when government give the legality vastly to use it as a transaction system .Hopefully the platform will be created everywhere.

[breathlessz]

Very few business are actually accepting crypto directly for their goods and services.  They use 3rd party middleman services like bitpay so they end up getting paid in cash anyways.  Many people don't want to deal with the volatility that bitcoin brings.

right, especially for small businesses. very risky for them with volatility, moreover they really need fresh money to support the continuity of their business. therefore third parties are the solution

[avarnet]

Actually development with blockchain technology can be done but readiness is the most important thing. most of them I think they only want to get funding and for less readiness so that when running the projeck many people don't match expectations even most fail.that's the reason why there must be readiness before expansion or system switching.

[blockchainwriters]

The real adoption of market is there in small business if we take japan as example most of merchants are small business owners who accepted bitcoin after then japan govt made it legal soon the same kind of adoption will happen all over world

[arifteguhr]

Very few business are actually accepting crypto directly for their goods and services.  They use 3rd party middleman services like bitpay so they end up getting paid in cash anyways.  Many people don't want to deal with the volatility that bitcoin brings.

right, especially for small businesses. very risky for them with volatility, moreover they really need fresh money to support the continuity of their business. therefore third parties are the solution

as far as I know that small business, when using crypto it is quite a big risk. because crypto is not easily controlled. of course it requires a maximum hard work to avoid the risks that occur. so for crypto small business, in my opinion it is not so suitable.

[lousie9]

can be started with small exchange services that continue to be developed, for some countries, this does not violate the rules as long as they do not intersect with products that have legitimate trade rights. I think many people / companies are very ready for this, the key is how they can continue to synergize with the government on a number of things that can continue to be a positive influential solution.