I have come to realize that mostly on daily basis, petty traders; hawker stall, street vendors, street hawkers, market men and women, kiosks do transactions often and frequently and they are not amongst the top class citizens in the society. Some are uneducated and are not anywhere near technology to get acquainted with blockchain and Bitcoin. I believe if they are informed and have knowledge about Bitcoin properly they will want to key into it so as to save themselves of unnecessary stress and expenses from banks and other groups.
What's your opinion in educating these petty traders and letting them know more about Bitcoin because I believe this is amongst the grassroot adoption which starts from the base as they do transact more often than some of the big companies we hear of. Although the petty traders do little amount but it is most often on daily basis.
What steps would you take in drawing the attention of the traders to Bitcoin?
I don't think it is suitable for them to use bitcoin. They are small sellers and do transactions frequently. Unless both the seller and the buyer uses the same centralized wallet/service (which then destroys the purpose of using bitcoin), it is not worth waiting for the confirmation time. Again, the fees might sometimes be half of what they purchasing.
Bitcoin is good, but not suitable for everything.