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Author Topic: How can we encourage local businesses to accept BTC?  (Read 173482 times)
GoblinBountyHunter
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July 01, 2017, 05:52:32 PM

I have found that food truck operators that have the ability (and familiarity) to use an electronic payment system, are often really eager to hear about bitcoin. I'm guessing those guys aren't too picky about their customer base, but we got a snowball stand and a cupcake truck to accept btc after kicking it with the owners a bit. To be fair, they were hipster (not saying this as a slight, but a indication they are familiar with current consumer technology) but hey, adoption is adoption.
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July 02, 2017, 06:20:40 AM

there is a lot of those businessmen who deals with that kinds of invesrments you've mentioned, but the probleme is how it iw to be implemented. One ways to implement this is you should be developing a seminars for these people who engaged on a particular business. It can be consumers, owners and other people who planned a future business ahead. The aim is to attract those people regarding the profit that they may gain if they will accept bitcoin as payment of their businesses, more importantly is the time consumed of transactions; and it's a cashless type of spending. Let them register an online wallet in order for them to have assurance on the earnings they will.be having soon bitcoiners will transact in a test run to those businessmen.
That is good explanation but what about the fluctuation of bitcoin price. I think it will be the single point which will make It more difficult to convince them to invest their money in bitcoin, or use bitcoin for their business. I think it will become easier if the price of bitcoin become stable and when we become able to expect less fluctuation in the price of bitcoin otherwise they will fell hesitation to add bitcoin in their business.














 

 

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dimonstration
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July 02, 2017, 01:41:00 PM

there is a lot of those businessmen who deals with that kinds of invesrments you've mentioned, but the probleme is how it iw to be implemented. One ways to implement this is you should be developing a seminars for these people who engaged on a particular business. It can be consumers, owners and other people who planned a future business ahead. The aim is to attract those people regarding the profit that they may gain if they will accept bitcoin as payment of their businesses, more importantly is the time consumed of transactions; and it's a cashless type of spending. Let them register an online wallet in order for them to have assurance on the earnings they will.be having soon bitcoiners will transact in a test run to those businessmen.
That is good explanation but what about the fluctuation of bitcoin price. I think it will be the single point which will make It more difficult to convince them to invest their money in bitcoin, or use bitcoin for their business. I think it will become easier if the price of bitcoin become stable and when we become able to expect less fluctuation in the price of bitcoin otherwise they will fell hesitation to add bitcoin in their business.

Yes your right if the price of bitcoin will be stable theres a way that some of local business will encourage to accept and if the owner has a knowledge about bitcoin. Hope it would be pass very soon ive only imagine it if some of them would accept bitcoin.


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batang_bitcoin
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July 03, 2017, 06:15:56 PM

perhaps by introducing bitcoin to the community, and local sellers. besides that we also have to explain the advantages and benefits bitcoin transactions are easy and fast. simply multiply excellence in bitcoin might also be introduced. so maybe they would be interested to receive and use bitcoin

You need to elaborate on how you are going to introduce bitcoin to your community. The normal way is by just showing them the price of bitcoin and let them think if they are interested to know on how bitcoin is going to help them with their business. That's the major help they need on how bitcoin can boost their business.

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July 03, 2017, 08:43:18 PM

there is a lot of those businessmen who deals with that kinds of invesrments you've mentioned, but the probleme is how it iw to be implemented. One ways to implement this is you should be developing a seminars for these people who engaged on a particular business. It can be consumers, owners and other people who planned a future business ahead. The aim is to attract those people regarding the profit that they may gain if they will accept bitcoin as payment of their businesses, more importantly is the time consumed of transactions; and it's a cashless type of spending. Let them register an online wallet in order for them to have assurance on the earnings they will.be having soon bitcoiners will transact in a test run to those businessmen.
That is good explanation but what about the fluctuation of bitcoin price. I think it will be the single point which will make It more difficult to convince them to invest their money in bitcoin, or use bitcoin for their business. I think it will become easier if the price of bitcoin become stable and when we become able to expect less fluctuation in the price of bitcoin otherwise they will fell hesitation to add bitcoin in their business.

Yes your right if the price of bitcoin will be stable theres a way that some of local business will encourage to accept and if the owner has a knowledge about bitcoin. Hope it would be pass very soon ive only imagine it if some of them would accept bitcoin.

Easy to say but how is it going to be done exactly? will you be controlling the supply and demand which is clearly impossible. manipulation is another thing which doesn't last for

too long. with bitcoins high volatility rate i say its a dream within a dream. even if the price is not stable there is still a huge potential that the local businesses will accept it.


to the best of my knowledge a number of local businesses on japan are currently accepting bitcoin so far so good because there will be more stores that plans to accept it.

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July 04, 2017, 10:57:48 AM

It depends where do you live. In my country it would be hard to encourage someone to accept btc for some product or service.
Soon, many countries are going to recognise btc and they will try to regulate it somehow. We will see how is it going to look like.  Probably btc is going to be widely used then.

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July 04, 2017, 11:52:30 AM

Well, i guest one of the struggle is also the number of scams and illegal history in relation to the bitcoin world. It will be hard for the business to trust and risk especially this is with regards to the actual economy. If only we will decrease the number of fraid in relation to bitcoin, i guess they will have a chance to venture this kind of transaction.
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July 04, 2017, 03:15:55 PM

We must encourage the local bussiness to accept BTC in their bussiness, so that they are updated to the latest bussiness transaction in our networking society. Many bussiness sector use BTC as their bank account or we should say their money. BTC is the most legal way to transact bussiness using bitcoin as your money. As the year passes by many bussiness sector overcome the network society where online bussiness already produced. So the needs of the local bussiness  must required through BTC, and they must know the good benefits of btc in their bussiness cycle.
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July 04, 2017, 03:22:05 PM

Nothing could beat testimonials. If all btc holders make a testimonials with proofs. This will make the btc users increase.

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July 04, 2017, 04:24:31 PM

I think online store can be a way to develop bitcoin in all communities, with the rapid business selling online nowadays I think bitcoin is perfect for this business.

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July 05, 2017, 02:51:35 AM

We must encourage the local bussiness to accept BTC in their bussiness, so that they are updated to the latest bussiness transaction in our networking society. Many bussiness sector use BTC as their bank account or we should say their money. BTC is the most legal way to transact bussiness using bitcoin as your money. As the year passes by many bussiness sector overcome the network society where online bussiness already produced. So the needs of the local bussiness  must required through BTC, and they must know the good benefits of btc in their bussiness cycle.

Unless you transgressed through time, then you're just being delusional. All of what you're saying belongs to the future and we're still not 100% sure if it's going to be that way. "Many" business sector? Can you name them? I doubt that there's more than 10 businesses out there that's been using bitcoin as a way to store their money. Of course companies that started in bitcoin don't belong here like the ICOs/crowdsale. Many merchants are interested in accepting bitcoin because of the hype but then they learn that the transaction fee would be a huge percentage of the money transferred for microtransactions.


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July 07, 2017, 06:44:54 AM

If Businesses starts accepting Bitcoin, it will boost their business in a very high quality. But looking at the point of a long time for confirming transactions, this might be a problem, but if it is resolved, then it will be the best for business.

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July 07, 2017, 11:01:18 AM

I am looking to help move BTC forward into our economy more and would like to get some suggestions on how we can get more retailers to accept BTC as a payment.  The best part about accepting BTC is that they do not have any threat of charge-back from the customer.  I am just looking for some more input before I start approaching some of these local retailers.

A precisce explanation is a must, a presenation with reading materials will be a good medium for a discussion

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July 07, 2017, 12:01:41 PM

Right now we have many proofs like countries legalizing the bitcoins. Now it won't hard be to convince the local business people for accepting bitcoin as a payment method.

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July 07, 2017, 12:13:36 PM

Right now we have many proofs like countries legalizing the bitcoins. Now it won't hard be to convince the local business people for accepting bitcoin as a payment method.
That's making the job easier, we don't have to encourage them to accept bitcoin. They will just adopt it when they read about the news that Japan and South Korea starts adopting bitcoin.

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July 07, 2017, 12:56:37 PM

Right now we have many proofs like countries legalizing the bitcoins. Now it won't hard be to convince the local business people for accepting bitcoin as a payment method.
That's making the job easier, we don't have to encourage them to accept bitcoin. They will just adopt it when they read about the news that Japan and South Korea starts adopting bitcoin.
Indeed, because I do believe that we don't need to encourage them to use bitcoin because we'll just annoyed them. Hence, the better way to encourage them is to give some articles about bitcoin and its up to them if they will adopt it or not.

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July 07, 2017, 01:13:59 PM

Right now we have many proofs like countries legalizing the bitcoins. Now it won't hard be to convince the local business people for accepting bitcoin as a payment method.
That's making the job easier, we don't have to encourage them to accept bitcoin. They will just adopt it when they read about the news that Japan and South Korea starts adopting bitcoin.
Just because Japan and South Korea legalized bitcoin common users who were aware about bitcoin won't start accepting bitcoin into their business. The adoption or the acceptance happens only when the user himself realize that bitcoin acceptance will increase business. For this the users need to explain or else he himself need to get interested towards it.

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July 07, 2017, 05:21:05 PM

We must encourage the local bussiness to accept BTC in their bussiness, so that they are updated to the latest bussiness transaction in our networking society. Many bussiness sector use BTC as their bank account or we should say their money. BTC is the most legal way to transact bussiness using bitcoin as your money. As the year passes by many bussiness sector overcome the network society where online bussiness already produced. So the needs of the local bussiness  must required through BTC, and they must know the good benefits of btc in their bussiness cycle.

Unless you transgressed through time, then you're just being delusional. All of what you're saying belongs to the future and we're still not 100% sure if it's going to be that way. "Many" business sector? Can you name them? I doubt that there's more than 10 businesses out there that's been using bitcoin as a way to store their money. Of course companies that started in bitcoin don't belong here like the ICOs/crowdsale. Many merchants are interested in accepting bitcoin because of the hype but then they learn that the transaction fee would be a huge percentage of the money transferred for microtransactions.
Organizing small seminars about the benefits of using bitcoins in business. You can also show them a little about setting it up and using how it works, this way they would fall in love the modesty of the system. Show them stats about the success of biotin in your community and the future speculations so they are confident to accept it.

If one of the business owners starts using bitcoin system for payment other will be automatically attracted to it in no time.



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Fatanut
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July 08, 2017, 10:04:45 AM

We must encourage the local bussiness to accept BTC in their bussiness, so that they are updated to the latest bussiness transaction in our networking society. Many bussiness sector use BTC as their bank account or we should say their money. BTC is the most legal way to transact bussiness using bitcoin as your money. As the year passes by many bussiness sector overcome the network society where online bussiness already produced. So the needs of the local bussiness  must required through BTC, and they must know the good benefits of btc in their bussiness cycle.

Unless you transgressed through time, then you're just being delusional. All of what you're saying belongs to the future and we're still not 100% sure if it's going to be that way. "Many" business sector? Can you name them? I doubt that there's more than 10 businesses out there that's been using bitcoin as a way to store their money. Of course companies that started in bitcoin don't belong here like the ICOs/crowdsale. Many merchants are interested in accepting bitcoin because of the hype but then they learn that the transaction fee would be a huge percentage of the money transferred for microtransactions.
Organizing small seminars about the benefits of using bitcoins in business. You can also show them a little about setting it up and using how it works, this way they would fall in love the modesty of the system. Show them stats about the success of biotin in your community and the future speculations so they are confident to accept it.

If one of the business owners starts using bitcoin system for payment other will be automatically attracted to it in no time.

That's what I really doubt. Why? Because steam, Microsoft, and Starbucks are already accepting bitcoins yet here we are. Unless the majority of merchants are already accepting bitcoins and a lot of people are looking for it, merchants, especially the small ones, will still not accept bitcoins. It's not a chain reaction that if your neighboring store is accepting bitcoins, you're inclined to accept it as well.

I think the only way to truly encourage local businesses to accept bitcoin is for customers to go ask for it. One customer asks for bitcoin payment, the store owner doesn't take notice. But if in a day, 10 people are asking for it, then they will be intrigued and start searching about it. He might even look for a guy that can implement it to his store system.

But that's not going to happen today unless we hire 10 different guys to pretend that they are looking for bitcoin payment. Of course they have to know about bitcoin in order to qualify because the store owner might start asking questions.


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leirou
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July 11, 2017, 03:29:27 AM

For me I think the way to encourage them is giving them all the needed information about BTC. If they know what it truly worth they might accept it.

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