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RE: Do We Have A Project Hijacker In Hive?? // Whats Going On With Distriator Businesses In Aba, Abia State Nigeria???

in #waiv17 days ago

Spendhbd is actually a nice initiative.

The problem with using crypto for payments is that it only really works when the owner of the business is in the mood to accept crypto. I suspect that few owners are willing to train employees on crypto.

True. Not many people are willing to leave the usual mode of payments and incorporate spendhbd as a means of payments. Though it's not impossible to convince businesses to accept it. It will take some time, patience and training as well.

PS: it is really sad to see people downvoting your posts as it looks like you are writing your own posts and are engaging in the platform.

I don't really know why's this. I don't just let it bother me anymore. Thanks for asking.

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I suspect that acceptance of crypto will start with business to business transactions. Such transactions center on well defined contracts and with people who are seeking streamlined alternatives to banks and cash.

B2B transactions often involve accountants. Accountants are more likely to learn new payment techniques than cash register clerks.

!ALIVE

Adopting crypto payments in our daily shopping is not something that can be easily done. It requires intense training, and a lot of learning resources to ensure that the user gets every bit of it. I think it's not just about teaching the slender and receive about the given project, but going a step forward to give them the basics of how the Blockchain works and what happens behind the scenes.

Crypto adoption for daily transactions would not happen immediately, but it will take time.