this post was submitted on 06 Jun 2024
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Monero

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Why should businesses use Monero? This question when answered will raise adoption objections of some kind.

If building a Monero circular economy requires the adoption and use of XMR payments from small and medium sized businesses, then potential objections must be preemptively addressed.

My background is in marketing. I've helped many small and large businesses grow and reach more users/customers.

The goal in presenting these insights with my unique experience in product/service adoption is to better equip you to persuade others to consider accepting Monero payments for their business.

Read: https://moneromaster.substack.com/p/adoption-objections

Here is the TLDR: When overcoming Monero adoption objections it is important to not only address a particular concern but to focus on the overall solution Monero presents to businesses that are relevant to their personal experiences and challenges.

In some instances, Monero payment processing can be 43 times cheaper than fiat. Businesses have an opportunity to increase their profits should they readily and widely accept Monero over digital fiat payments.

Many are feeling the weight of inflation and the rise of corporate and government overreach through technology. Presenting Monero as a solution in this context is a great first step in encouraging Monero adoption.

The convenience of transacting with Monero should likewise be stressed when discussed in the context of international payments.

Monero users should be as friendly and helpful as possible in order to encourage others to consider the usefulness of Monero payment processing.

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[–] [email protected] 1 points 5 months ago

I agree, however, this can be rather challenging to communicate and convince people of due to the vast amount of social engineering people have been exposed to via centralized information systems.

Imo it's better to focus on the direct and immediate benefit to the individual as to encourage mass adoption. It will be much harder to pass and, more importantly, enforce laws that restrict/limit defi if more people are using Monero for legitimate and legal business.