An example would be buying something in bulk e.g. some gadgets on Chinese markeplaces like Alibaba (providing that I find someone happy to take BTC instead of FIAT) and resell this stuff locally, on ebay, etc. Other example: rent bare metal servers for BTC, reconfigure and resell as VPSs or run some hosting service on them (minecraft server or whatever).
Any other ideas?
Conditions are:
- this will be a legit business under my real name so must be legal
- it must be possible to fund all expenses with crypto directly, so no exchanging BTC for FIAT first
- I'm in the EU (it may matter for things like customs, taxes, legality)
Good ideas.
There appears to be some plastic bottle waste in the world. With not many good methods of recycling.
Many discarded bottles are composed of PET plastic which can be recycled into PLA filament for 3d printers, without specialized skillsets or tools being necessary. The following youtube clip demonstrates the process.
https://www.youtube.com/watch?v=Eecbdb0bQWQPerhaps
BTC can be exchanged for parts and equipment necessary to achieve this, in which case it would also serve as a positive environmental process.
There are many different niche ideas flying below the radar which are not currently being used.
Being a local business it would depend upon the needs of your area.
In my case, electricity is expensive here. Alternatives are in high demand. If I was starting a business it would revolve around methods to diminish electrical consumption. Which might invoke things like solar panels, windmills or solar water heaters.
In europe's case, it might be alternatives to natural gas. Things like firewood. If someone had space to grow trees or plants, they might invest in fast growing trees to quickly generate and replenish firewood stock. If they were serious they might learn to turn wood into charcoal using 55 gallon drums for higher efficiency. There are instructional clips on youtube demonstrating the process:
https://www.youtube.com/watch?v=0_CK1nSD9Q4Most believe they need a big down payment to start a business. I think producing charcoal from woodstock and turning PET bottles into FLA filament are both businesses which could be started for less than $500. There are a lot of businesses which could be founded without a large capital investment.