I'm considering to possibly add Bitcoin and other altcoins as a way to pay for goods purchased on my online store.
Is this a good idea? Are there any risks (other than the volatility)?
Is anyone really going to use this?
I'm afraid that my customers may not be much into cryptos, but I guess that it's hard to tell until you try ...
I also have some doubts on the technical side.
Thoughts?
Thanks in advance
Eventhough there are no guarantees that your customer owns cryptocurrency and use it as a mode of payment. Adding it as one will definitely create an idea that your business is evolving and adjusting to the new environment and trends of the market. This will give you advantage to your competitors.
To give you an example: For traditional business not to use online as a medium too for selling would be one of the conclusions that your business is slowing down. This is for the reason that you need to adjust to the new development. More people tend to spend time in their phones and that will give gou more advantage in advertising your product.