Does anyone know of retailers which sell goods/services for crypto only with no option of payment made in fiat?
Could this represent a good business model for a small store with an online only presence?
There must be some holding alts who are fustrated by the lack of options in terms items they can spend their coins on. While there are many options for bitcoin, for the most part alts are neglected and there isn't a huge market where they can be utilized without first having to convert to btc.
Could support for ripple, eth, bcc, doge, ltc, dash and other alts be a good foundation upon which to build a small business?
Could this represent a good business model for a small store with an online only presence?
There must be some holding alts who are fustrated by the lack of options in terms items they can spend their coins on. While there are many options for bitcoin, for the most part alts are neglected and there isn't a huge market where they can be utilized without first having to convert to btc.
Could support for ripple, eth, bcc, doge, ltc, dash and other alts be a good foundation upon which to build a small business?
I would really appreciate if there is any in my locality but it's really difficult to get one. The only place I see it happening will be countries where the popularity of bitcoin has reached a point where entrepreneurs can have a move to establish their project and because of the popularity, there is hardly need to do much publicity as the market is already aware of bitcoin.
Over here on the otherhand, the market is not there yet as the first few years will be about enlightening the entire populace and if the money is not coming in fast, business cash flows runs into problem, the end is in sight. But this is a fertile ground to be assessed because buying from abroad will make it more expensive.
Business oppurtunity with bitcoin cannot be find any location but the normal business can be done yourself or anyone. If you want to start your business in your location with you need to spread the bitcoin and its features to the people. Then you will be able to use the business as payment option, investment based business like trading or mining also possible.