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Author Topic: I have failed too severely, time to give up?  (Read 441 times)
Japinat
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March 13, 2023, 02:58:46 AM
 #41

The OP just happened to be in a good time but wrong place.

I mean that is already expected that nobody would know about the existence of what you're saying or get interested about it especially if you're doing that in a rural place. OP has also said it to himself and already knew that most of his customers are illiterate and old, so that's totally understandable that no one would by the OP's bags of cocoa in the form of cryptocurrency even if it is on a discounted price, surely that discount is not as big as 40 to 50 percent because you can tell why they are not interested at it.

I know your motive OP and I totally understand it, you just want to tell them that there is bitcoin and it's a gift given to us by Satoshi Nakamoto but you should also understand why they wouldn't want to convert their fiats into crypto just to buy your bags of cocoa. First it is a hassle to them because they are illiterate, 2nd is they have no reasons at all to have their funds converted in a form of crypto because their funds is just enough for them to survive on a daily basis.

That is why I said that you are in a wrong place, try to sell your bags of cocoa in an urban area with that same discount, I bet you will have such customers who are willing to buy it in a form of crypto.

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March 13, 2023, 03:11:06 AM
 #42

~
Is there anyone into agriculture and farming that are accepting Bitcoin?

What advice do you have for me at this point?

Should I just give up for now and wait for the future maybe when Bitcoin gets more popular? Or Bitcoin and farming makes no sense together?
You forgot to make a research regarding these old people that you are saying.

You said already that they're old therefore, they didn't encounter things like Bitcoin or cryptocurrencies in general, and will never try to learn it anymore because they're old already. At least you consider that factor as well, but you didn't, and even though you encouraged them to use it, they didn't even care at all because they don't want to learn it or use it.

Just give up accepting Bitcoin in your current business especially if you knew already that it will not work. As per my observation, those establishments who are accepting Bitcoin are establishments that have been built in an area where there's many people like in malls. I didn't even see anything that's related to agriculture that accepted Bitcoin as a payment. Saying that it makes no sense isn't the word, but maybe it's better to say that we aren't ready for that thing.

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March 13, 2023, 03:35:45 AM
 #43

I come from a hard-core farming family, and we are all involved in agriculture. I was able to get ( inherit) an acre of land from my parents, and I started my cocoa farming business in 2010. Since then, it has improved greatly, and I have been able to purchase a sizable amount of Bitcoin with the business, even though it is seasonal and can produce both good and bad results.

Although I did everything in my power to increase business adoption of cryptocurrencies, I gave away some Bitcoin and some other coins too, and Bitcoin was my primary goal to use as means of exchange , yet, I have failed badly.

Those who buy bags of cocoa from my farm are older illiterate people, I wasted my energy,  trying to even tell them the benefits that comes with paying with Bitcoin, they are not even ready to take advantage of my discount, then I stopped.

In 2020, two special buyers are now handled by younger guys, the sons, I thought I will be able to handle them and make Bitcoin payment a possibility,  it still doesn't work, these young lads are just like their old men.

So I give up, I decided to talk about this because I still find it hard to believe that no where in this world of agriculture is accepting Bitcoin as means of payment. 

Is there anyone into agriculture and farming that are accepting Bitcoin?

What advice do you have for me at this point?

Should I just give up for now and wait for the future maybe when Bitcoin gets more popular? Or Bitcoin and farming makes no sense together?
In South America it is very likely that you will find what you are saying, there are many with money who do not mind selling, buying something called money AND BTC, but coming to South America like Ecuador, Colombia, Venezuela,Brazil is something that people in Europe do not know if They can with that change, it is difficult, it is another lifestyle.

Some get sick because they face many things, climate change,the Tropical makes them like it, the water has more minerals,the food is more natural,there are almost no synthetic foods, the lifestyle you lead changes but agriculture would go no problem, accepting btc.

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March 13, 2023, 03:42:54 AM
 #44

I know how you feel OP, but don't give up because a time will come all your customers will change their minds to purchase goods from you and pay with Bitcoin which is your heart desire in your business. You have not fail yet than to continuing spreading the information across to your customers in the environment that you accept Bitcoin as a payment in your farm crops. I think, you need to explain to the old men and women very well, how important Bitcoin transaction is to humanity and how safe and secure Bitcoin is in the process of translation.

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March 13, 2023, 04:00:36 AM
 #45

Leave it for the buyers convenience. On the bill provided or through some source publish about your business accepting bitcoin. That is true, even the young generation aren't ready to do business with bitcoin for different reasons. Main thing is the lack of knowledge and not understanding cryptocurrency in the right way.

When you have bitcoin accepted signage, someone will prefer to do business with you. Maybe this doesn't happen in the short term. On the long run new buyers preferring bitcoin payments could contact you. Just think of the buyers, at the beginning they might've preferred only cash for business, slowly they might've moved to card and wallet based transactions. Every form of transition requires time. So, wait for the right moment than giving up with the bitcoin acceptance into business.

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March 13, 2023, 05:13:35 AM
 #46

A payment can be made using bitcoin. However in your situation, where not many people are familiar with bitcoin, I advise you to continue sending payments as usual without first introducing bitcoin to anyone. Maybe individuals who are used to using traditional payment methods still find bitcoin challenging. Hence, it appears that they will not be interested at all even if you go into greater depth regarding bitcoin. Although it is a challenge for you, this is not the time or place to explain bitcoin.
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March 13, 2023, 06:21:34 AM
 #47

actually, there's nothing wrong with your way. you don't need to force buyers to pay using bitcoin even though there is a discount if using payment using bitcoin. let your buyers buy with cash, or with fiat. providing a payment alternative should not force them to use it. let your business continue to accept bitcoins. if the person understands and uses bitcoins I'm pretty sure they will buy using bitcoins. however, if not, then they will use cash. well, no harm to that. we don't know when our buyers bring us bitcoins. besides, not everyone understands the use of bitcoins. so, continue your business as usual, and you can also introduce bitcoin to your prospective buyers if they still don't know about it.

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March 13, 2023, 06:41:20 AM
 #48

Those who buy bags of cocoa from my farm are older illiterate people, I wasted my energy,  trying to even tell them the benefits that comes with paying with Bitcoin, they are not even ready to take advantage of my discount, then I stopped.
Your biggest mistake is trying to use a payment pattern using bitcoin to illiterate people, how is it possible that they will be interested in the concept you are developing, on the other hand they don't know bitcoin. One stupid mistake you make that causes your time to be wasted and you need to think of other ways to generate income from the bitcoins you have.

In 2020, two special buyers are now handled by younger guys, the sons, I thought I will be able to handle them and make Bitcoin payment a possibility,  it still doesn't work, these young lads are just like their old men.
If people are not tech savvy, never offer them bitcoins, because for them using fiat as a transaction is the most appropriate move. Therefore you must do a study before imposing your desire for bitcoin on other people, not everyone thinks the same about using bitcoin in their life.

So I give up, I decided to talk about this because I still find it hard to believe that no where in this world of agriculture is accepting Bitcoin as means of payment. 
We also need to know which country you live in, so there will be a big review of why the bitcoin payment option isn't working for your farming business.

Many countries have not been able to accept bitcoin as a means of payment, because many things have caused it to not work properly, while your desire to accept bitcoin as a means of transaction will face big challenges. The most appropriate step to stop this mess, the concept of using payment using bitcoin will never work in your place, it takes time for them to accept all of that and you can't force it to run fast.

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March 13, 2023, 06:46:34 AM
 #49

I think it has a lot to do with the kind of produce that are being sold. We have young farmers in our area that are selling flowers and they accept Bitcoin, but it has been over a year since I have seen them, so I do not know if they still do.

I would do some research to find out what kind of agricultural products are being imported the most and then focus on the first world countries, where Bitcoin are more popular. (You might find something where people will import directly from you..and where you can offer them Bitcoin payments)  Cool

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March 13, 2023, 06:55:00 AM
 #50

in doing business, of course we have to follow what is in the field in real terms, considering that cryptocurrency has just existed and not many people know about it, and there is no support from the government, then its development will be more hampered, that's what makes us feel understandable, and of course if there isn't who are competent to use crypto payments, we can only provide it as an alternative, and basically still deal with fiat primarily, who knows there are transaction partners who are already using crypto as well

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March 13, 2023, 07:09:13 AM
 #51

What advice do you have for me at this point?

Should I just give up for now and wait for the future maybe when Bitcoin gets more popular? Or Bitcoin and farming makes no sense together?

Sorry to hear that you have such troubles to promote bitcoins in your sector. I have no background in agriculture at all, I only know a few farmers from my home town. All of them are now 50+ years old and none of their children are interested in farming. I also wouldn't expected them to move to crypto currencies in their lifetime. From friends family that rents them a lot of farming land I know that most transactions are still being done in cash. It would make sense to switch to a crypto framework, the problem is to establish trust and get the whole industry to switch to bitcoins. But as long as there is a lot of volality in the market its difficult. In case bitcoins would be stable around the 20k USD for a few years it would be easier. I would recommend to you to stay at least partially in the crypto community and not  go fully back to fiat money.
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March 13, 2023, 07:14:10 AM
 #52

Why are you forcing the older generation to be able to accept and make payments with crypto? that's so ridiculous. You also have to be able to see the situation and conditions in your environment, you can't force someone to make payments with crypto where just being able to use a smartphone is good enough for them, let alone making payments with crypto, it's definitely quite complicated for them. To be honest, even in urban areas nowadays it's quite difficult to be able to implement crypto payments, especially in rural areas like where you are. And for payments, I don't really agree with using Bitcoin, because the value of BTC tends to be unstable and it's much easier to use fiat for offline payments nowadays.

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March 13, 2023, 07:15:44 AM
 #53

I come from a hard-core farming family, and we are all involved in agriculture. I was able to get ( inherit) an acre of land from my parents, and I started my cocoa farming business in 2010. Since then, it has improved greatly, and I have been able to purchase a sizable amount of Bitcoin with the business, even though it is seasonal and can produce both good and bad results.

Although I did everything in my power to increase business adoption of cryptocurrencies, I gave away some Bitcoin and some other coins too, and Bitcoin was my primary goal to use as means of exchange , yet, I have failed badly.

Those who buy bags of cocoa from my farm are older illiterate people, I wasted my energy,  trying to even tell them the benefits that comes with paying with Bitcoin, they are not even ready to take advantage of my discount, then I stopped.

In 2020, two special buyers are now handled by younger guys, the sons, I thought I will be able to handle them and make Bitcoin payment a possibility,  it still doesn't work, these young lads are just like their old men.

So I give up, I decided to talk about this because I still find it hard to believe that no where in this world of agriculture is accepting Bitcoin as means of payment.  

Is there anyone into agriculture and farming that are accepting Bitcoin?

What advice do you have for me at this point?

Should I just give up for now and wait for the future maybe when Bitcoin gets more popular? Or Bitcoin and farming makes no sense together?
Quote
Why are you forcing the older generation to be able to accept and make payments with crypto? that's so ridiculous. You also have to be able to see the situation and conditions in your environment, you can't force someone to make payments with crypto where just being able to use a smartphone is good enough for them, let alone making payments with crypto, it's definitely quite complicated for them. To be honest, even in urban areas nowadays it's quite difficult to be able to implement crypto payments, especially in rural areas like where you are. And for payments, I don't really agree with using Bitcoin, because the value of BTC tends to be unstable and it's much easier to use fiat for offline payments nowadays.

you can sell your cocoa bags to whole sale buyer or like shop owner, there are many shop owner and whole sale businesses to find a educated one, who may listen and find interesting and beneficial to buy from you and make payment in bitcoin,
you already said you have only one acre of land so obviously you does not cultivate in large quantity so your can try my idea, to sell all your cocoa to a whole sale bussinesman ,
but if your customer are regular and you love them(you are running this business for 13 years so you may have a good bonding between customers) than you can try this: after selling to your customer, other left cocoa you can sell in whole sale market, by finding educated one who know about bitcoin.
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March 13, 2023, 08:00:54 AM
 #54

If accepting bitcoins doesn't benefit your business but, on the contrary, it frustrates you, then you should stop accepting bitcoin and wait until bitcoin is more popular. Accepting bitcoins into your business doesn't matter, what matters is your revenue. It's not worth your confusion or sadness because, as we all know, bitcoin is not very popular, nor is it an official currency.

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March 13, 2023, 08:09:04 AM
 #55

It will be a waste of time if you force someone to use bitcoin. Truthfully, if I am your customer, exchanging my business funds for bitcoin in real-world business will be a hassle unless you have a good offer for them to gain. And the price of bitcoin fluctuates. How can you deal with it if you're the customer? If the value of bitcoin dumps, you can only buy a smaller portion of cocoa. A smaller amount of cocoa makes less profit than usual. As a business man would you take that risk for the sake of using cryptocurrency in your business?
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March 13, 2023, 08:33:11 AM
 #56

I completely read your story. According to me, many people in the rural area aren’t aware of cryptocurrencies yet. This might be the main reason they don’t know how to use it, and hence they don’t show any interest in buying it, holding it, and at last paying you with it. Moreover, I have also come across many people who treat Bitcoins as an asset and not as a mode of payment, so yes, definitely for this as well, with many people not paying you with Bitcoins. The solution to this is nothing; you cannot do anything or force people. Just wait for someday, and some people will come who will definitely pay with bitcoins.

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March 13, 2023, 08:49:33 AM
 #57

You should continue promoting Bitcoin like always but your target population needs to change. Daily wage workers don't like complicated payment systems or something that needs them to do something extra which in case is installing a wallet software, setting it up with a seed, keeping the seed secure and converting to fiat needed, instead they would just accept fiat.

Just ask yourself, why would these simple people go through so much trouble when th end result is right in front of them?

That is where you come in. Your job is to make them take th difficult route because of some discount or something extra. This is how you should plan and not just talk but also show how easy it can be, how Bitcoin can be a good investment for future.

Just don't forget that when bitcoin drops, you will have a mob of uneducated sharp axe weilding people at you.

R


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March 13, 2023, 08:58:33 AM
 #58

   I think op should only have a proper approach. You're only sharing with the local community, so you don't lose them if they reject what you offer them.

   Then in the end they will also realize that when they hear bitcoin again. As long as you're the important thing, don't change or lose your positive view of bitcoin. Because not everyone is called to believe in bitcoin like you.

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March 13, 2023, 09:46:20 AM
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 #59

First of all everyone should do the work where they are experts in. A person should not spray himself on different areas with a goal to get success everywhere. A person should focus on where he is expert in. Have primary and additional goals. Second, have you made a proper research of your business. It is nice that you want to implement cryptocurrency in your business, but in the very beginning, have you asked yourself if your business really needs cryptocurrency? Third, you will fail only if you give up. Until your continue to implement Bitcoin and trust in its future, you havent failed.

R


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March 13, 2023, 09:58:35 AM
 #60


PERSISTENCE

Persistence is the most important characteristic that we should have, it is considered an essential factor that transmutes our desire into monetary equivalent. This is the quote that is really memorable for me "EVERY ADVERSITY, EVERY FAILURE, AND EVERY HEARTACHE CARRIES WITH IT THE SEED OF AN EQUIVALENT OR A GREATER BENEFIT" Through persistence, we can achieve the desires that we want but if we just surrender or give up to our desire then 100% we will fail.  Without any persistence, we will be defeated even before we start. With persistence, we will surely WIN. I do not have any give-up mentality and I'm really sure that I'm a persistent person and I can overcome any obstacle that I may face. If I give up before my goal, I'll be called a quitter and I do not want to become a quitter. I want to become a WINNER.

When I read the subject, I suddenly remember the thread I created regarding the Philosophy of Success and also the steps required for it. One of the steps is that you should persist, there will be a times in our life that it seems that our plan is not working but what seperate from man to a boy is that a man continue because he has faith in his abilities. With persistence, I am sure that you can able to sell your cocoa and any agriculture product using bitcoin and other cryptocurrencies. Make a definite plan where it is really organized on how you will start it to how it will end. You asking if you should just give up, my advice to you is do not and continue it because I know that you will paid in the future. Remember that once you quit, you will always be a quitter because winners do not ever quit no matter the situations. Learn from your experience, maybe there is wrong in your system and it is the reason why you cannot sell your cocoa in form of cryptocurrencies. Try to learn from other businesses who succesfully sold agricultural products in crypto, study their system and maybe you can get idea from that you can use in your own business. Quitting should not be your option because it can become a habit that it is hard to remove.
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