1. I checked with several small enterprises. Reason given they don’t support is because of its volatility.
A solution to this is one where on settlement it converts to their fiat, at fraction compared if they were to use visa, instead.
2. Some who do support it initially, did not have an increase in customers or rarely, so they discontinued.
A solution to this is to start on islands where there can be concentrated demand. I stayed in one, it was pleasure to use lightning from haircuts to dinner.
3. Small enterprises don’t have the bandwidth for tax implications and treating. Most places regulations are grey. They can’t deal with that headache.
A solution is industry specific meet-ups where accountants show them easy reporting, but it will still be a problem.
4. A general mistrust of bitcoin as ‘crypto’.
A solution is industry specific meet-ups by ceos where trust is drummed up through peers.
