My Experience in Adopting Venezuela in the year 2021

I am curious to know how a small shop owner (as shown in a photo in your post) manages to take micro payments in BTC?

¡Hola! Es increíble todo lo que estas haciendo, porque no todos se atreven a tratar de buscar una solución para mejorar la situación que se esta viviendo, evidentemente te enfrentaras a muchas personas dudosas, porque se desconoce muchas cosas al respecto sobre las cryptos, además que no todas las personas tienen cabeza para entender sobre dicho mercado. En mi opinión se debería tratar de dar más charlas sobre el tema, pero no solamente a negocios, sino también a gente común, porque no solamente hay que educar al comerciante con lo nuevo que se viene, sino también al cliente, ya que ellos son un factor vital en toda esta cuestión.

Realmente te animo a continuar y que logres avanzar mucho más, porque no todos tienen esa valía para llevar a cabo algo que parece no muchos aceptaran. Excelente artículo.

Very interesting article. Thanks for sharing. I am Venezuelan and I have little time in the world of cryptocurrencies but every day I want to learn much more about them, they are already the present of the economy.

I am Venezuelan and cryptocurrencies have relieved me in the economic environment in these times of crisis. In my case, I was able to sell a couple of local animal photos to a person in Australia. It wasn't much in quantity, but it was liberating in many ways. I'm thankful.

I have asked previously many Venezuelans from read.cash about this matter and concluded that adoption of Bitcoin Cash is not following a rapid pace. Frankly, I would prefer Venezuelans to comment here, even in Spanish, we can use translators and understand the issues. This would be the best approach and I will write on noise.cash as this is exactly what we know so far.

While shops accept sometimes BCH it is discouraging to see they find no consumers wanting to pay with Bitcoin Cash. Marc De Mesel explained this previously in videos, it is a lengthy process and results may not be what we expected.

I have also noted the fact that many Venezuelans have had knowledge of Bitcoin and cryptocurrency since 2017-2018. I remember the Dash campaigns in Venezuela as well, and it seems that Dash was more known to Venezuelans than BCH from the conversations I've had. However, once the funding ended for this campaign, there was no adoption of Dash left and gradually (within a few months) the Dash movement in Venezuela declined.

For me what matters most is to TRACK adoption at all levels.

Currently, BCH has various initiatives around the world, but we don't have some data that is rather important.

We need to know sales per merchant with BCH used, how the merchants use BCH (liquidate to fiat, use to buy from other BCH merchants) and the volumes of BCH in each city campaigns are running (i.e. Caracas in total). Tracking may be difficult, though, and may require an additional monthly report by the merchant. Perhaps the onboarding service can incentivize the merchants further to fill a google sheet with data like a wallet address, volumes produced, number of BCH customers.

This feedback is required, otherwise, we don't know how BCH performs and what we should change to make things better. Perhaps there are 100 users of BCH in one shop for December but nobody used BCH in January. Maybe they had none at all. Have we onboarded enough users of BCH as well and are they able to buy Bitcoin Cash with fiat money? Do they want to use BCH or do they prefer the Bolivar with a 2000% inflation instead?

Are the debit cards working with such inflation in Venezuela? I am sure that Venezuelans understand money better than anyone else right now, after years of hyperinflation.

I hope Venezuelan friends give us their viewpoint, since this is how we can gather the most information possible.

Recuerdo cuando empezó lo del Petro, todos compraban con Petro porque eran bonos del gobierno. El incentivo aquí siempre es el dinero gratis. Pero no puede ser así para todo. La verdad es que debería de hacerse publicidad en los medios, mostrar como el uso de cryptomonedas es útil, seguro y rápido. Y como puede ser también una forma para resguardar tu dinero de la devaluación, y un método de ahorro eficaz.

Y si, falta educación en estos temas para que la población lo entienda, incluso, hay jóvenes que no lo entienden, o que no desean hacerlo solo porque no se hacen millonarios en un día. Tienen expectativas muy irreales. Les falta madurez a mi parecer, y también mucha información.

this made me to finally put my thoughts on this topic into an article https://read.cash/@tula_s/sustainable-next-level-merchant-onboarding-de9944dc

If a merchant is willing to accept Bitcoin Cash, the most important thing is that there are customers who pay with BCH. It is therefore necessary that people come into possession of BCH. It would be best if they could earn BCH somewhere, such as on read.cash or noise.cash. If a merchant can sell his goods in BCH, he will not stop accepting BCH. It is ten times harder to convince a new merchant than to keep one.

even here in our country I haven't seen and establishment or ant business that accepts BCH as payment. Often time people are paying in cash or cards. It is because BCH is not campaign. Still, I believe time will come crypto currencies will be accepted as we can see the world was slowly adapting cashless transactions.

First they ridicule you, then they follow you

Change never comes overnight it is a continuation process. Yes lot of hurdles in cryptoworld especially adoption by simply people. Only way is awareness because we can't force anyone to jump in. Fresh college/ university graduate can help in this cause because it is easy to convey them. Even they continue in fiat also but some portion of their utility buy through BCH and then may later it becomes habit or BCH get their confidence.