I agree that the way to mass adoption is to start using EOS as a currency. The Greymass guys are super helpful and I would suggest engaging with them on how mobile payment works…
See Anchor for Mobile - a portable EOSIO Authenticator | Greymass
I can imagine that tying up USD working capital in your business must be tough. Ideally you want pre-payments from customers upfront i.e. some form of loyalty scheme with discounted pricing. Or better yet, some chance for a reward. Volatile exchange rates make it tricky but EOS is still useable at current prices in that regard.
First I would look to trial EOS payments using Anchor internally in your business with staff. You would need to assist with onboarding them to Anchor and a suitable exchange (preferably not Binance from what I hear) for them to cash out to USD when they need the fiat. Only thing to watch is tax implications here… I assume staff don’t pay much employee tax at the moment, but if they’re seen to be trading a crypto currency, many governments appear to want to tax that heavily…
In regards to customers, here is an idea…
- Assume a pizza costs US$10
- I assume that around US$4 is wages (W), US$3 is cost of sales & overheads (O) and maybe US$3 is profit ( P )… I don’t know your business so am guessing…
- How about creating a customer rewards fund ( R ) as well, perhaps taking US$1 from your US$3 profit margin, or using your marketing and advertising budget for it instead…
- So now every pizza price = W+O+P+R where O+P probably need to be kept in USD, whilst W+R can be converted to EOS
Now get customers to buy upfront vouchers for x amount of fiat value. Immediately take the fiat and convert W+R to EOS. This is fine as long as your staff have agreed to take EOS price risk… Keep O+P in fiat for operating costs and reserves.
The R pot should build up and creates customer excitement. Distribute the pot in EOS maybe quarterly to customers, pro-rata based on their business with you. I reckon you could build a nice marketing campaign around that… Enjoy experimenting.