Post
Topic
Board Bitcoin Discussion
Re: 67,1% of micro businesses do not know what cryptocurrencies are.
by
darkangel11
on 13/01/2020, 16:21:32 UTC
What you think?
-Why does the population know cryptocurrencies?
-What would happen if at least 67.1% of microenterprises accepted Bitcoin as payment methods?
-Could it be that there are more countries like Mexico in which the population does not know or fear this new technology?

I guess you wanted to ask why the population does not know cryptocurrencies because most businesses are unaware according to the data.
They don't know because they don't care about improvements in this sector. When you're running a business you care about your revenue, your suppliers, your loan, but not about new types of payments. Most people know that you get paid with fiat money and that's it. They don't have time to do research.

If it was 67% of enterprises in Mexico probably nothing serious would happen. If it was 67% of businesses in the USA... Let's say that paying 100k for BTC would be getting it cheap.