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Author Topic: How can we encourage local businesses to accept BTC?  (Read 184188 times)
Obito
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June 11, 2017, 11:13:17 AM
 #1161

Just introduced first the bitcoin in the local business to accept it. Because if the local business not know the BTC as currency they cannot use it in exchange of their products or service. However, if the local business accept it as currency it was easy to encourage the other business to accept it.
Precisely, just introduced to them about bitcoin, tell them what are the advantages of it. If they will be known and have a background to it they might accept it as mode of payment. Aside from that if few local business is accepted the bitcoin there's a possibility for you to encourage the others too.

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June 11, 2017, 11:38:11 AM
 #1162

It's really possible for local businesses to accept bitcoin, the problem is, are all your customers also use bitcoin for their business ? If not, it's like useless though. Because no one use bitcoin on their area, they even don't know what and how is bitcoin works. My solution is we must encourage other people to use bitcoin first, tell them the benefit of using bitcoins.


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June 11, 2017, 11:54:42 AM
 #1163

With crypto in general hitting mainstream these days, I'm pretty positive adoption would spike up too. Everyone knows BTC, the problem is they know it as an investment and not as a means to buy or sell something.

That's where we're gonna have problems in terms of adoption.


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June 11, 2017, 02:41:51 PM
 #1164

I think for the first time, we should let them know what Bitcoin is, how to use Bitcoin and how to exchange Bitcoin into cash, show them why using Bitcoin is better than using money so that they can start eccepting Bitcoin for their bussiness
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June 11, 2017, 04:02:40 PM
 #1165

I think you should introduced them or give them what bitcoin is or how does it work convince them that bitcoin is real money that can are stored in the internet show to them its legitimacy, show them the value of bitcoins and tell them or show some proof that the bitcoins is raging up it's value in the market or maybe show to them different businessmen in internet that uses bitcoins in their business maybe they'll will be convinced to accept bitcoins as a payment.
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June 11, 2017, 05:01:19 PM
 #1166

I think for the first time, we should let them know what Bitcoin is, how to use Bitcoin and how to exchange Bitcoin into cash, show them why using Bitcoin is better than using money so that they can start eccepting Bitcoin for their bussiness
They need to spend more time to learn about bitcoin and the inside technology. I do not believe a local business can easily understand bitcoin in a day or even a month. Moreover, bitcoin is a future, show them that bitcoin is used by many people around the planet so that they can start learning and earning with bitcoin

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June 11, 2017, 06:02:44 PM
 #1167

With crypto in general hitting mainstream these days, I'm pretty positive adoption would spike up too. Everyone knows BTC, the problem is they know it as an investment and not as a means to buy or sell something.

That's where we're gonna have problems in terms of adoption.

Mainstream??? Adoption??? Everyone???

Where, exactly? Which dimension? Cryptocurrencies are so faaaaaar away from hitting mainstream. We're barely a million users but if you call that "mainstream", then go ahead. But AFAIK mainstream means a lot of people know it. And 1 million is much less than 1% of the 7 billion people in the world. The adoption can spike up or whatever but we're still going to be less than 1% in population. Bitcoin becoming mainstream is still decades ahead.

"Everyone" knows about BTC? Go outside and ask someone if they know about bitcoins. If you live in a first world country, chances are they already heard about it somewhere but don't really know what it is. But if you live in a third world country, nope, it's very hard to find another guy that knows about cryptocurrencies.

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June 11, 2017, 06:06:56 PM
 #1168

It's really possible for local businesses to accept bitcoin, the problem is, are all your customers also use bitcoin for their business ? If not, it's like useless though. Because no one use bitcoin on their area, they even don't know what and how is bitcoin works. My solution is we must encourage other people to use bitcoin first, tell them the benefit of using bitcoins.

If you start accepting dollars in your place, people wouldn't use it too just because you're accepting it. They aren't going to exchange their local currency to dollar just so they can buy using dollars. But in bitcoins, it's different. They are going to be intrigue what it is and why are you even accepting it. They would take a quick search about it, and maybe even if you got to talk to them, they might be encouraged to become a part of the community.

When you put a sign in your store that you accept bitcoins, you might even make friends because there might be a bitcoin user around your place. Simply put, you never know. You never know that there's actually a lot of people using bitcoins in your place. Besides, there's not much hassle when you accept bitcoins since you already know how to use it.

People aren't going to use bitcoins because they don't know about it and merchants wouldn't accept bitcoins because no one's actually using it. So we have to start somewhere. If you are a merchants, accept bitcoins in your store. If you're just a user, then maybe ask a local shop if they accept it and maybe they'll take a look at it.
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June 11, 2017, 08:08:45 PM
 #1169

We can courage them absolutely but not in the way faster than you thought ofcourse we introduce first what is bitcoin to them second give them some proofs that bitcoin has a big potential and it is legit ...in that way you can courage them to use bitcoin also to use bitcoin in your local business.
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June 11, 2017, 09:21:26 PM
 #1170

We need to introduce first the bitcoin in the local businesses and their principle, because if the user can't know how to use it theirs a chance that Bitcoin will become useless due to unknown using of the users
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June 12, 2017, 07:09:00 AM
 #1171

It will just be easy to push up those businessman to accepts bitcoins to their businesses,when a huge country will adopt bitcoins businesses out there will accept it for sure so push the government not eacg business to accept for a total effect


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Omega Weapon
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June 13, 2017, 01:19:33 AM
 #1172

With crypto in general hitting mainstream these days, I'm pretty positive adoption would spike up too. Everyone knows BTC, the problem is they know it as an investment and not as a means to buy or sell something.

That's where we're gonna have problems in terms of adoption.
The problem we have with bitcoin is the same problem marketers have with almost everything, making people know about your product is easy, making those same people buy your product and use it is hard, people don’t really care about the ways things work until they don’t, that is when they begin to search for answers, so I think we will need a more crippling effect on the economy of the average person so they can realize the potential of bitcoin.
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June 13, 2017, 12:31:34 PM
 #1173

If you tell them the advantages about bitcoin that would be the best way to encourage them to accepr BTC. Hoping soon local business would accept btc.
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June 13, 2017, 07:29:42 PM
 #1174

If you tell them the advantages about bitcoin that would be the best way to encourage them to accepr BTC. Hoping soon local business would accept btc.
I do not even understand How a small business can switch to Bitcoin. The fact is that this is a completely different form of calculation. If you take into account that for the country you need to leverage Bitcoin another league, then you still need to accept it for taxation. How will a businessman keep a record of the income and expenditure of finance? This is a rather complex question and it is worth saying that it requires study.

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June 14, 2017, 11:11:25 AM
 #1175

Simply aware them with the advantages of bitcoin. This can happen if we arrange a particular business sessions and awareness programs of bitcoin in our local areas which will attract the local business persons to start using bitcoins.
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June 15, 2017, 09:27:36 PM
 #1176

Simply aware them with the advantages of bitcoin. This can happen if we arrange a particular business sessions and awareness programs of bitcoin in our local areas which will attract the local business persons to start using bitcoins.
So that cocaine came into use, you must first understand it from the bottom. And this means that you need a simple person to tie Bitcoin and this can only be done when simple stores where people buy sheets will buy goods for Bitcoin. Only in this way can it be popular to collect Bitcoin in society. And as for large companies, this is already a business project, How will it be possible to deal with crypto currency.

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June 16, 2017, 02:36:57 AM
 #1177

If they want to encourage local business to accept BTC, we need to introduce them the using of bitcoin and their advantages to the paper money. Also create an advertisement with simple and understanding to encourage the people to accept bitcoin in local businesses
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June 16, 2017, 08:00:07 AM
 #1178

If they want to encourage local business to accept BTC, we need to introduce them the using of bitcoin and their advantages to the paper money. Also create an advertisement with simple and understanding to encourage the people to accept bitcoin in local businesses
This won't be that effective, because now only the scenario has changed a little from hard cash usage to card, e wallet and so on. Right now once again making an addition to the payment system takes time but the same can be made perfect in a day if a giant online store promote by accepting it in a large scale.

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June 16, 2017, 01:37:58 PM
 #1179

Honestly, I have no clue on encouraging local businesses to accept BTC yet, if it's a nee kind of business and it's not popular one, and if the businessman takes the risk,of course BTC can really help that business to expand. However taxes are still involve in businesses. Probably taxes are not that high and only if the negotiators are willing to listen and accept BTC openly without hesitation that is to be encouraged not just one local business but also to everybody's sake in industries.
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June 17, 2017, 08:03:00 AM
 #1180

Bitcoin nowadays is making its way to stardom , It is widely recognize now and those people who invested on it even before the program started already earned a lot of money. It was just like last year when this was introduced to me by a friend I didn't know how to use it I so busy listening to him by that time. Me and my girlfriend now is trying to invest to this kind of work. I am looking forward for us to earn money as well for we are trying to get married this year. Local business should accept this kind of transaction for they will also benefit from it. If given a chance I would to introduce this to our office management maybe sooner or later they will accept my proposal.

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