Why we use Bitcoin Cash to run our business

2 546
Avatar for beanimal
3 years ago

In the years before the pandemic, our business was to bring groups of students from Europe and other parts of the world to India. The purpose of these tours was to show them a part of the world that they had never seen before and to bring them closer to nature and themselves.

We run a backpacker hostel, a tour company, a cake brand, and an artisanal gourmet market called BeAnimal Gourmet in the city of Bangalore, India. We are also a non-profit working towards improving the quality of environmental education that people receive. Bangalore is a huge city of almost 11 million people. Many people here work in the tech industry and the city is generally quite affluent by Indian standards. Our job is to inform people about the utility of Bitcoin Cash and provide them with products and services that they can receive in exchange for it. This is something that I feel has been missed by the global crypto movement. We’ve focussed too much on speculation and too little on application and education.

The benefits of using Bitcoin cash to run a business of any size are immense. You can send money to anyone, in any part of the world, instantly and pay only a tiny fraction of the fees it would normally cost. You have the benefit of being your own bank and managing your funds in the way that you want. There are no withdrawal limits or transaction limits to deal with – no bureaucracy means less time wasted and more time to get things done. This means that you can operate your business on a global scale without worrying about the red tape.

The most important thing is that your money is secure and available on the blockchain at any point of time. Bitcoin cash is decentralized – this means that no one can prevent you from having access to your funds. Your account can’t get blocked and no one can place restrictions on your ability to send or receive money freely. Freedom is a big part of the reason why BCH is a game changer. As the fiat currency system begins to crumble, governments around the world will crack down on the rights of common people and force them to pay more and more to keep a sinking system afloat. While fiat currencies are marred by inflation, the value of your Bitcoin Cash will remain steady and will tend  to grow relative to fiat currencies. This is because the supply of Bitcoin Cash is limited to 21 million coins – 89% of which have already been minted.  

We have seen the benefit that Bitcoin Cash has brought to our business and we want to help other businesses do the same. This is why we launched a Flipstarter less than a month ago. A Flipstarter is a decentralized fundraising platform that is censorship free. Anyone can donate to a Flipstarter by using Bitcoin Cash. Our Flipstarter has 3 days left to be completed and we are so close to our goal. We only have 1.73 BCH left to raise from a total of 15 BCH. These funds come at a time when businesses have been devastated by the pandemic and lockdown measures. Our goal is to help connect small food businesses with more customers and grow the bitcoin cash ecosystem in India. If you’d like to help us on our mission, please click here –

https://flipstarter.beanimaljourney.com/

This where we come in. With our growing customer base in the city, we can nudge people towards using bitcoin cash to avail discounts on products and cashbacks. This means that our marketing efforts can serve more than one purpose – we can promote Bitcoin Cash and grow our BeAnimal Gourmet customer base at the same time. We need to think about a smart way in which we can get people to start using BCH without overloading them with information. Most people have never thought twice about how currency works or how central banks and governments operate. They know that government officials are corrupt and that’s pretty much the extent of their knowledge. These are people who never question the status quo and probably never will.

I see our role as an intermediary between these two worlds. The group that knows a lot and believes that things can change for the better isn’t always the best to convey these messages to the public. Many times, people just shut off when we start talking about how cryptocurrencies work. I think we need to bridge this information divide in a smart and sustainable way. Bring people into the fold and get them to start interacting with Bitcoin Cash directly. We can then incentivize them to learn more about this system by giving them discounts and other benefits.

Another thing we need to look into is making the conversion from fiat to crypto as smooth as possible. The government here regulates these types of financial transactions quite strictly and it’s hard to find banks that agree to play ball. They also have high processing fees and sometimes require users to identify themselves while transacting larger amounts. These roadblocks slow down crypto adoption and make it trickier to get people on board.

People also have this idea that using crypto might land them in jail. There has been so much spoken about banning cryptocurrencies lately that people just don’t know what to believe anymore. On one end, there’s this frenzied gold rush and on the other people are weary that cryptocurrencies are a scam or even worse are exclusively used by criminals and fraudsters. The fact of the matter is that unless they dive deep and understand how this system works, they will never find out what’s going on for themselves.

I know that we have a long way to go – but we know our goal and what it takes to get there. We believe that empowering small businesses to make a huge difference to all of us. BCH is a tool that gives back control to the common man and that’s what makes it special. Let me know in the comments how BCH can help your business grow!

You can find out more about us at - www.beanimaljourney.com

(We are working on some exiting new updates for our website! Should be done in a few days)

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Avatar for beanimal
3 years ago

Comments

Your are so close to get 100% funded !! Advance congratulations!!! #BCH for the win in India ✨

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3 years ago

Thank you!

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3 years ago