defi_whaleFull Member
Posts: 140 · Reputation: 461
#1Nov 23, 2024, 05:15 PM
The core concept of the Bitcoin trade partnership is all about getting more folks, especially locals, involved in trading products and services within the Bitcoin ecosystem.
(My earlier thoughts on this trade partnership are posted here: https://this forum/5585527.0. This one picks up where that left off.)
A fantastic way to pull in a bunch of traders or potential partners into Bitcoin is by encouraging local Bitcoin traders to start swapping goods and services. You could pitch it like this: "How about we trade the stuff we actually need for bitcoins instead of just trading bitcoins?" Think about it, like if I say, "You sell me feed for my chickens, and when they’re ready, I’ll sell you the chickens. You can then process them and sell to our local coffee shops and restaurants for bitcoins, and we’ll buy things from those same spots using bitcoins too. Then we can do this across other Bitcoin businesses.
If a Bitcoiner knows they’ll have customers, they’re more likely to launch a business, especially something they care about. We could also reach out to existing businesses and encourage them to start accepting bitcoins, which could lead to a mutual trading relationship with steady support from us Bitcoin users.
Of course, they might worry about stuff like trade disputes, Bitcoin's price swings (which we can manage), transaction fees, speed of transactions, record-keeping, transparency, fund safety, and potential confiscation. But these worries can be easily managed.