Do You Accept Bitcoin!? #Challenge
Do You Accept Bitcoin?
Shouldn’t every store accept crypotcurrencies by now? Or at least start to toy with the idea of integrating cyptocurrencies as an acceptable form of payment. Well I believe it is up to us to as crypto enthusiast, Hodlers, traders, investors and overall consumers to spread the word about accepting cryptocurrencies as payment in our favorite restaurants and stores.
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Do You Accept Bitcoin Challenge
I challenge you, next time you go to your favorite restaurant, Starbucks, local grocery store or any place you go to buy anything at all for that matter. Ask your waiter or cashier “Do you accept bitcoin?”. Now you can replace “Bitcoin” with your crypto of preference. I literally ask this question any place I go to buy anything at all. Of course at first I get looked at like I have 3 heads but what is interesting is that the second time or third time I go to the same restaurant and ask them the same question they sometimes tell me “not yet” or “we are looking into it”. This proves it, we as the consumers make the final choice of what we want to pay with and how we want to pay. The ball is in our court.
Law of supply and demand
As the saying goes “where there is demand there will be supply”. The more you ask the more familiar vendors will be with accepting cryptocurrencies. As a business owner it would only make sense for them to start thinking of integrating and accepting cryptos. So like I Said I invite everyone to accept and share this challenge! Next place you go and pay with fiat currency remember right before you hand your cash or credit ask the magic question “do you accept bitcoin?”. Please share all your stories in the comment section and be sure to resteem, upvote and share this challenge!!!
It's harder for smaller businesses to accept bitcoin, as the price fluctuates a whole lot. The reason being is, paying wages, bills and restocking items that were sold in return for bitcoin from the wholesalers and such.
Example....
We spend 1btc at a coffee shop in town, that coffee shop has to use that 1btc to repurchase the coffee, milk, sugar and all other items and on top of that pay their employees which makes it almost impossible to do, especially if your only making enough to get by.
That is true but the point is to spread awareness about cryptos thats why I said "replace bitcoin with your crypto of preference". Its up to the businesses to do their due diligence and in the end make the correct financial decision.
Great Challenge will be doing this everywhere I go!
I completely agree with this idea and will begin to implement this in my every-day life starting today. :) great post, loving this style
Thanks! be sure to share share your experience
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