Is small business ready to sell for cryptocurrency?

[matchi2011]

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 it depend on individual awareness and government regulations on crypto in various locations.

It's influenced the most in terms of services, when government accept and adopt this system it will bring trust and interest from small
businesses to use it and adopt as well. But since there are still a lots of discussions and positions regarding to this matter most people
including small business still keeping away from this chain.

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[Mihaylovic]

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 talk only about my country and my city. To be honest they are not ready yet. But they will get ready sooner or later. It is a fact that nobody can escape. crypto is going to dominate traditional financial system soon.

[julius caesar]

Please do consider the rules and laws of your country first about cryptocurrency because we all know that some countries does not allow crypto do be part of their business. But it will for surely gonna be good since it is digital that provides a good transaction speed. It will gonna have a huge impact to the income of the business if it will be implemented or accepted.

[CarnagexD]

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 it depend on individual awareness and government regulations on crypto in various locations.

I don't feel like most "small businesses" are ready to take on their daily lives with cryptocurrency-backed purchases. Cryptocurrencies are no stranger to high volatility levels that could drastically change the prices that they may put in their counters. If in any case they will however, they might put some allowance on the prices of their goods which you could otherwise just buy with fiat in a much lower price. So until the issue with volatility is fixed, the latter will be the only viable option these businesses can take on.

[btccashacc]

I don't think they're ready, even if they're ready the community is not ready, yup less adoption. There are still many people who do not know what crypto is, and how to transact with it still confusing for some people, besides that there are still many competitors who offer the best features comparing to crypto such simplicity and the fee. And don't forget about the regulation, some countries can't use crypto freely due to the regulation.

[johnwest]

The problem with this implementation is that small businesses wont be having a bigger investment so they will not be able to sustain a loss if the coin is dumped or even the ability to hold the coin for some time until the price comes back up. If you convert the coin as soon as you get it to your local currency then they might agree to accept it.

[ScamViruS]

Small businesses are not ready yet. There are many reasons. The main reason is that bitcoin is not yet legal in countries. Because of this, the business company could not accept bitcoin even though they wanted it. Many small businesses have tried to accept Bitcoin but now it is very difficult. If there is regulation there is a chance. You will not be able to accept Bitcoin in your business even if you want to. Unless the government of your country validates Bitcoin. The way Bitcoin is spreading around the world may not be long before all the big business companies that accept Bitcoin. I look forward to that day.

[Gozie51]

I know that it is a process that is already going on for the adoption of bitcoin. The challenge that I see for small businesses is on transaction fee. We do know that the fee for bitcoin transaction is sometimes higher than usual and this is a challenge for small businesses.

[sonofliberty]

no problem at all if you always correlate it with dollar plus some percentages than it's totally fine 

[Aaroenz0r]

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 only happens when that small business wants to hoard crypto at a specified time. I actually bought computer parts at a private store, the first time they received payment when bitcoin was at $ 6k3. 1 month later I needed to buy a GPU and he didn't receive any more bitcoins. so I conclude that the demand for crypto payments is there but it depends on the needs of the person. It seems that Bitcoin's fluctuations are quite frightening, and they never want to pay with bitcoin anymore. That is the weakness of bitcoin in particular and cryptocurrency in general.

[rodskee]

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 only happens when that small business wants to hoard crypto at a specified time. I actually bought computer parts at a private store, the first time they received payment when bitcoin was at $ 6k3. 1 month later I needed to buy a GPU and he didn't receive any more bitcoins. so I conclude that the demand for crypto payments is there but it depends on the needs of the person. It seems that Bitcoin's fluctuations are quite frightening, and they never want to pay with bitcoin anymore. That is the weakness of bitcoin in particular and cryptocurrency in general.

I don't think that only those Hoarder will benefits from this because we are now 2020 and not 2018 mate people are
now ready to accept or sell their products in return for cryptocurrency specially Bitcoin mate and the Only problem is
the availability of crypto in each places I mean if the country we are staying
is accepting or not Banning  Bitcoin then
i thing the market will starts to Buy or sell with the presence of Cryptocurrency .

[Reatim]

I have small Business and i start accepting Bitcoin 2 years ago and i must admit that here there are only limited people that Knows and use Bitcoin and other cryptocurrency that is why i only gather small amount of crypto for that almost 2 years of operation.

But i am not losing Hope because i know that soon when adoption starts happening from the Big countries all my waiting will be awarded and people will purchase using crypto and this is soon to come.

[bits4books]

It depends on the state where this business is located and what this business is doing.
If the status of crypto in the country is legal/at least gray, then any small shopkeeper with hot dogs or some other food or clothes or something else can safely use crypto.
Well, we also need a demand and good payment gates for this. If there is no demand , then there will be no motivation to use such opportunities.