NYC food trucks takin bitcoin now? but how do we get their suppliers too?

[micky123]

Imho you missed a point which is the actual reason why merchants can't hold or use their earned bitcoins. It's volatility.
Even if every part in the circle accepts bitcoin each merchant will immediately convert their btc to fiat because they can't play with bitcoins volatility, it's too risky to keep btc until they buy something with it.

Which is what i think banks are hoping for, they do not want BTC to succeed simply because they are losing their hefty fees that they would otherwise charge. I think the reason BTC is volatile is because banks have bought a fair bit of bitcoin and play around with them to show normal folk that BTC is very volatile, which in turn scares away the average joe from investing in BTC. Dirty game, but they need to do it to survive i guess

[skyzer]

OP just seems like another one of this people who wants to get rich quick.
If you want Bitcoin to succeed the exchange price is not important. The important thing is, that people can use bitcoins and get used to using it.
Success is about gaining acceptance.
Vendors will keep more and more of the bitcoins they earn eventually .
And don't worry, the exchange price will follow eventually.
But that is a slow process.

If you want to get rich quick, you can try daytrading, but that is a big risk and I personally wouldn't recommend it.

OP is at least pushing bitcoin to the masses. Eventually won't happen by doing nothing. Introducing bitcoin to new merchants through videos is IMHO brilliant. First they convert their bitcoins to fiat, but while they learn more and more about bitcoin, will begin to understand it and try it out themselves. Slow process indeed, but some of people in crypto space are taking actions.
As I see OP has bitcoin payment processor and foursquare style map means easybitz is here for a long term

[Ghaleon16]

I know there's at least one cattle ranch taking coin. So.... supply and demand. If there should eventually be a significant number of food trucks taking bitcoin, it's more likely their suppliers will. It all snowballs, or branches out... whatever you want to call it. Customers service end-business which takes coin, ranch services end-business, farm services ranch, and now the bakery has the option of a supplier taking coin, too. Assuming the end-business isn't immediately converting coin, they may be particularly interested in being able to buy their needed supplies for coin - in which case, more BTC customers = more coin = higher likelihood of trying to find suppliers taking BTC.

Exactly.

The fun part will be seeing how fast it all happens and at what moment business realize they don't need dollars anymore to sustain their business or daily life. Then the volatility will disappear because people can just stick to bitcoins. Not everyone will be out to day trade btc to dollars even if they can make a profit, just like most folks don't go trading fiat currencies every day.

The key is retail acceptance. this is the best chance to close the circle. I am trying to signup shops nar NYC now.

[turvarya]

OP just seems like another one of this people who wants to get rich quick.
If you want Bitcoin to succeed the exchange price is not important. The important thing is, that people can use bitcoins and get used to using it.
Success is about gaining acceptance.
Vendors will keep more and more of the bitcoins they earn eventually .
And don't worry, the exchange price will follow eventually.
But that is a slow process.

If you want to get rich quick, you can try daytrading, but that is a big risk and I personally wouldn't recommend it.

OP is at least pushing bitcoin to the masses. Eventually won't happen by doing nothing. Introducing bitcoin to new merchants through videos is IMHO brilliant. First they convert their bitcoins to fiat, but while they learn more and more about bitcoin, will begin to understand it and try it out themselves. Slow process indeed, but some of people in crypto space are taking actions.
As I see OP has bitcoin payment processor and foursquare style map means easybitz is here for a long term

Did OP make that video? I thought he just found it on YT.
But sure, if he did, kudos to him

[Ghaleon16]

OP just seems like another one of this people who wants to get rich quick.
If you want Bitcoin to succeed the exchange price is not important. The important thing is, that people can use bitcoins and get used to using it.
Success is about gaining acceptance.
Vendors will keep more and more of the bitcoins they earn eventually .
And don't worry, the exchange price will follow eventually.
But that is a slow process.

If you want to get rich quick, you can try daytrading, but that is a big risk and I personally wouldn't recommend it.

Not sure what the "get rich quick " plan. If you see it please let me know. I don't day trade, suck at it.

Did you read the article? what it is talking about is essentially economic terraforming. This is a long painstaking process frought with risks, obstructed by ignorance and loaded with clogs and blockages. Essentially it is economic terraforming, the exact opposite of a "get rick quick" anything. Nothing quick about it. Not sure where my riches come into play either. lol Only got a few coins left, maybe not even two.

I spend alot of time educating merchants and folks. Just gave away some btc to break dancers and a poet and spent time telling them about Bitcoin. Please feel free to donate to me so I can get rich quick.

19t6Y7DXyh3jseYt3CtrWGXH3sEmrDhR7W

Every lil  bit helps lol.

We all need to work together to close the circle on the street, where it counts.

[turvarya]

OP just seems like another one of this people who wants to get rich quick.
If you want Bitcoin to succeed the exchange price is not important. The important thing is, that people can use bitcoins and get used to using it.
Success is about gaining acceptance.
Vendors will keep more and more of the bitcoins they earn eventually .
And don't worry, the exchange price will follow eventually.
But that is a slow process.

If you want to get rich quick, you can try daytrading, but that is a big risk and I personally wouldn't recommend it.

Not sure what the "get rich quick " plan. If you see it please let me know. I don't day trade, suck at it.

Did you read the article? what it is talking about is essentially economic terraforming. This is a long painstaking process frought with risks, obstructed by ignorance and loaded with clogs and blockages. Essentially it is economic terraforming, the exact opposite of a "get rick quick" anything. Nothing quick about it. Not sure where my riches come into play either. lol Only got a few coins left, maybe not even two.

I spend alot of time educating merchants and folks. Just gave away some btc to break dancers and a poet and spent time telling them about Bitcoin. Please feel free to donate to me so I can get rich quick.

19t6Y7DXyh3jseYt3CtrWGXH3sEmrDhR7W

Every lil  bit helps lol.

We all need to work together to close the circle on the street, where it counts.

I honestly apologize. I obviously judged to early.
But looking at your profile: you are pretty new here and you have some strange url in your signature, I thought it was some get-free-bitcoins-referal-link(I don't click on every url I see), combined with your implicit statement that (short time) Bitcoin Price matters set up the "oh, damn, another newbie"-alarm.