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RE: Introducing Steem Business Arena #Week 1 [13 July, 2022]25% to @null |#Burnsteem25

in STEEM FOR BETTERLIFE2 years ago

This initiative is very very good. I love it. I myself I'm about to start an African wear design clothing business and I'm looking for international markets for my products when I fully begin.

The fear with the steem payment method is that what if you leave the money gotten in your wallet and value drops just when you need it.

Most vendors have suppliers so we will have to cash out and buy. This will affect the club status for me because for example I might choose to power up my profit and withdraw my capital for re stock. What if my profit doesn't sum up to 75% of my capital withdrawn?

That'll mean I'll have to be in club5050 right? And in bad times maybe no club. So the steem payment might have an issue with club status.

What I recommend is that the steem payment should be made on binance. At least there transactions won't affect the club. In that way people who own different coins there can convert to steem and purchase.

Nevertheless I still love the idea
Best regards

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