Post
Topic
Board Bitcoin Discussion
Re: How do you educate petty traders in adopting Bitcoin?
by
CryptSafe
on 12/06/2022, 23:30:00 UTC
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 am assuming petty traders here means the people who are trading goods for leaving like small shopkeepers and hawkers as you have mentioned and not crypto traders. So educating them is a hard task because these people aren't that literate they will adopt a change only if it is advantageous for them so if you can offer them some real quick incentive if they adopt Cryptocurrencies only then they will be interested in listening to you otherwise they would barely implement it. The best thing you can do is advise them to start accepting payments in bitcoin however that too won't really be directly profitable for them so I doubt they will do such a thing.
If I may ask what incentives are you referring to. Mention it so we can be informed and if applicable, we can give it a try.