Accepting Bitcoin

[salad daging]

-snip- am currently working on convincing my mom to accepting Bitcoin in her tailoring shop i Also intend on hodling those Bitcoins

Why you need to convince your mom to accept Bitcoin? You can't force any one to accept Bitcoin. You only need to share Bitcoin information to your mom. Whether he will accept it or not, it is up to her. I think you are better to focus on planning to hold Bitcoin for you own investment. However, you must buy the Bitcoin with your own money, don't use your mom's money.

A mother will find it difficult to understand bitcoin even if she has told any information about bitcoin, this is clearly not forced let your mother choose what she likes because your mother will control this business not you.

Don't think about the others and obviously focus more on your own plans and I agree with you that this all has to start alone without involving or inviting others.

Since this thread has been a few months so don't know if he has convinced his mom or not.

[armanda90]

You need research early before accepting bitcoin as payment currency for your mother  tailoring shop, are there your mother costumer dominance by young or old people and how their knowledge about bitcoin. Actually is worth when accepting bitcoin as payment currency for your mother tailoring shop not only get an easily for transaction payment but also you have give good opportunity for your mother investing in bitcoin. Your mother have understand well with bitcoin?

Before accepting as payment currency he needs understand well what is bitcoin and how payment process when accepting bitcoin beside make little research or survey about your mother costumer respond are agree or not using Bitcoin as kinds of payment currency transaction.

[WatChe]

Some country really banned crypto due to mining that has an impact to the economy and to the environment as well. But if the case that wouldn't reach that far like going to jail then it's worth a try. I have read here that in the China crypto were banned like the IP address but still most of them are still usign crypto as source of income via what? Of course the VPN thing. Only problem is when they tried to cash out a huge amount from crypto for sure they would be asked where it came from and they would asked them for a proof like a salary income which I have experienced in the bank. But I wouldn't risk myself using crypto in a country that prohibited it depends on the case like behind the bars sht.

Of course there is no way government can ban decentralized bitcoin but government ban can impact fiat to crypto conversions. If you investing in bitcoin only and don't wanna convert to local currency you don't need to worry about government ban. My country has banned Crytpo (Pakistan) and this really has a negative impact on crypto here. Don't think that government ban has zero impact on cryptocurrency.

[Ricardo11]

I am always with Bitcoin. Because Bitcoin has made me much more financially independent. Bitcoin has made my life much easier and better. I have made good money from Bitcoin trading. I always trade in Bitcoin. Although I lost some time, I have no regrets. Because I was able to earn many times more than what I lost. Also I can safely transact money in bitcoins. There is no chance of losing any money in peer-to-peer transactions of Bitcoin. So I can safely transact money in Bitcoin.

So I will always accept and support Bitcoin.

[Blitzboy]

You need research early before accepting bitcoin as payment currency for your mother  tailoring shop, are there your mother costumer dominance by young or old people and how their knowledge about bitcoin. Actually is worth when accepting bitcoin as payment currency for your mother tailoring shop not only get an easily for transaction payment but also you have give good opportunity for your mother investing in bitcoin. Your mother have understand well with bitcoin?

Before accepting as payment currency he needs understand well what is bitcoin and how payment process when accepting bitcoin beside make little research or survey about your mother costumer respond are agree or not using Bitcoin as kinds of payment currency transaction.

Bitcoin isn't just a "cool kid currency" anymore. Young, old, hipsters, and even grandpas - many are learning bitcoin. But I do laugh at the image of her mother explaining blockchain and decentralized systems to her regulars. Imagine: "That'll be 0.0002 BTC, and by the way, remember to keep your private keys safe!"

Your point is golden though. Research. Yes, before her shop becomes the Wall Street of tailoring, understanding the customer base is crucial. And if her clientele does lean towards a more tech-savvy demographic, why not?