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Author Topic: How can we encourage local businesses to accept BTC?  (Read 184287 times)
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October 14, 2017, 01:25:37 PM
 #1421

Just tell to those local business that bitcoin is really improve and it can help our economic ,if they have knowledge about bitcoin im pretty sure that they really accept bitcoin for payment.  And also if they know how fast and easily use bitcoin.
The knowledge is just what is important. Most of them are still in the dark and as much as some have been getting the hint, they are still very lazy to research on their own and find out all about it except the owners of the local businesses themselves are very much conversant and decides to take the step.

Those are the kind of people that can still be encouraged. However, I feel there is no need to rush, everything will take its course in due time and you won't even need to encourage local businesses as they will see what others are doing themselves and find out how to imbibe such as well in their business.

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October 15, 2017, 01:41:49 AM
 #1422

If the business is sending money to other country.
Than I think is good to tell them that Bitcoin is a solution because is faster and cheaper.


It was a good idea to send money through bitcoins since the value is higher and it is easier to transport but it is online and there is so many hackers out there waiting for that pot so it was less safe to transfer money through online but it was easier and faster at the same time.

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October 15, 2017, 03:58:02 AM
 #1423

If the business is sending money to other country.
Than I think is good to tell them that Bitcoin is a solution because is faster and cheaper.


It was a good idea to send money through bitcoins since the value is higher and it is easier to transport but it is online and there is so many hackers out there waiting for that pot so it was less safe to transfer money through online but it was easier and faster at the same time.
till now bitcoin blockchain can not be hacked and sending bitcoin is not issue ,it just time issue depending on your transaction fees.and every other online payment gateway is hacker proof as they hire good amount hacker to find bugs in their payment solution.sending money through bitcoin is not a solution if you are doing business.bitcoin is investment asset and not a normal online currency which can be used to pay to pay service.bitcoin price fluctuate so much that it can create dilemma in mind of client if he/she is new to crypto.

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October 15, 2017, 07:34:55 AM
 #1424

I think if a group of btc enthusiast or supporters held a event inviting many entrepeneurs in their local area that will tackle the use of cyptocurrency will make it very easy. It's the best method that I can think if because I often see companies promote their products by doing that.
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October 15, 2017, 10:57:58 AM
 #1425

Businesses that offers digital goods or operates online is very easy to be encouraged. Just state the facts that many online stores accepts btc already and local businesses will surely follow.
This will still take a lot of saliva from your mouth as well as encouragement to get them to understand unless they themselves are already familiar with the crypto ecosystem. Stating the facts that so many online stores are already beginning to accept it as payment method worldwide is one thing, but making them know what is all about, how transaction works and all they need to know is another thing.



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October 15, 2017, 05:11:18 PM
 #1426

Just tell to those local business that bitcoin is really improve and it can help our economic ,if they have knowledge about bitcoin im pretty sure that they really accept bitcoin for payment.  And also if they know how fast and easily use bitcoin.
The bitcoin payment service is getting now common and the future is going to be the future of the money. The value of the bitcoin is getting high and the people are having the future, in the coming days the bitcoin will become the 4th most used currency, the bitcoin is going to be the world most wanted currency and the future with the money is going to be the future of the user, the importance of the bitcoin is increasing.
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October 16, 2017, 06:25:57 AM
 #1427

Businesses that offers digital goods or operates online is very easy to be encouraged. Just state the facts that many online stores accepts btc already and local businesses will surely follow.

Eventually they will adopt the payment of bitcoin if they can see that others are doing it. Many are still not considering adopting it because of the volatility of bitcoin so they still need to find a way to have profits even if bitcoin price is going down. They may have to sell their products higher than its usual value to avoid the difference of volatility or they would buy their products in a store that sell it in bitcoin so that fiat value would not matter as all their prices would be base on bitcoin.

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October 16, 2017, 09:14:18 AM
 #1428

Ask management in major stores if or when they will accept bitcoin payments.

That's effective, however, it won't be that easy, there is also a tendency that they would not accept bitcoin, so by that, you don't convince anyone.

How about proposing a discount or some kind of giving a few incentives each time they accept bitcoin? I think it's a good start up, then later on you could stop giving few cents if you see that they are already accepting bitcoin and everything works fine.

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October 16, 2017, 09:20:43 AM
 #1429

Ask management in major stores if or when they will accept bitcoin payments.

That's effective, however, it won't be that easy, there is also a tendency that they would not accept bitcoin, so by that, you don't convince anyone.

How about proposing a discount or some kind of giving a few incentives each time they accept bitcoin? I think it's a good start up, then later on you could stop giving few cents if you see that they are already accepting bitcoin and everything works fine.
Well if you are willing to take a risk since we knew that bitcoin have a lots of fluctuations, bitcoin is a good alternative way to deal with payment transactions to those who are open minded and willing to the risk and we knew that its not everywhere maybe we can meet people we do have some interest like ours but most of the case they will just ignore it.

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October 16, 2017, 12:03:19 PM
 #1430

I think if you want businesses in your country accept BTC I think at first Bitcoin need to be legalized in your country. After Bitcoin legalized it'll become a hot trend soon then every business in your country will accept BTC and you don't have to anything to do that Smiley). But to legalize Bitcoin in any country is very difficult cause Bitcoin also has some disadvantages that why it's not legalized worldwide
You are correct! It is not as if without legalizing it, there won't still be some making use of it anyway, but they will be scanty and more like a drop of paint in the middle of an ocean. However, the government declaring their stand on the usage of bitcoin and having no problem with it will generate huge awareness for the cryptocurrency and will cause mass adoption in such country. However, no government want to thread on that part yet.

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October 16, 2017, 01:39:12 PM
 #1431

Businesses that offers digital goods or operates online is very easy to be encouraged. Just state the facts that many online stores accepts btc already and local businesses will surely follow.

Eventually they will adopt the payment of bitcoin if they can see that others are doing it. Many are still not considering adopting it because of the volatility of bitcoin so they still need to find a way to have profits even if bitcoin price is going down. They may have to sell their products higher than its usual value to avoid the difference of volatility or they would buy their products in a store that sell it in bitcoin so that fiat value would not matter as all their prices would be base on bitcoin.
The only reason is that bitcoin is not a wastage of time and also don’t want anything that bitcoin will effect local businesses, I think we all need to do local business instead of bitcoin and also doing investment in bitcoin the advantage here is that the profit will become double and also business will not be affect by bitcoin.

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October 16, 2017, 01:40:14 PM
 #1432

Ask management in major stores if or when they will accept bitcoin payments.

That's effective, however, it won't be that easy, there is also a tendency that they would not accept bitcoin, so by that, you don't convince anyone.

How about proposing a discount or some kind of giving a few incentives each time they accept bitcoin? I think it's a good start up, then later on you could stop giving few cents if you see that they are already accepting bitcoin and everything works fine.
Well if you are willing to take a risk since we knew that bitcoin have a lots of fluctuations, bitcoin is a good alternative way to deal with payment transactions to those who are open minded and willing to the risk and we knew that its not everywhere maybe we can meet people we do have some interest like ours but most of the case they will just ignore it.
I think we need to keep in mind and show the world that bitcoin is not a rubbish thing and also accept with local business because bitcoin will recover the lose in local business and also will double the profit for anyone. That’s why I like bitcoin in this time.

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Kevondo
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October 16, 2017, 04:44:41 PM
 #1433

Just show them the real money behind bitcoins and voila! Grin It is about the paper and cards for them to see what can bitcoins do Cheesy

The bitcoin is easy to show and they will trust the bitcoin now, the price of the bitcoin is increasing more and more, holding the bitcoin and the value of the bitcoin will be high in the future, the users of the bitcoin are getting the income to the high stage and it is very important to encourage the people to use the bitcoin and to promote the bitcoin to the huge circle of our present society and the businessmen of the society.

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October 16, 2017, 07:27:29 PM
 #1434

Ask management in major stores if or when they will accept bitcoin payments.

That's effective, however, it won't be that easy, there is also a tendency that they would not accept bitcoin, so by that, you don't convince anyone.

How about proposing a discount or some kind of giving a few incentives each time they accept bitcoin? I think it's a good start up, then later on you could stop giving few cents if you see that they are already accepting bitcoin and everything works fine.
Well if you are willing to take a risk since we knew that bitcoin have a lots of fluctuations, bitcoin is a good alternative way to deal with payment transactions to those who are open minded and willing to the risk and we knew that its not everywhere maybe we can meet people we do have some interest like ours but most of the case they will just ignore it.
What you think is the reason for majority of local persons to ignore this bitcoin business? For me, I think it is the virtually of bitcoin. Humans have mindset of accepting all those things which are physical in nature. Like if you make a whole one day teaching any layman about bitcoin he will not accept it, just show him your account balance and he is agreed.


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October 17, 2017, 06:21:01 AM
 #1435

Businesses that offers digital goods or operates online is very easy to be encouraged. Just state the facts that many online stores accepts btc already and local businesses will surely follow.
At present, it is very much easy to encourage not only local business but many others to start accepting bitcoin. There are so many online shopping stores which have started accepting bitcoin. Moreover, mostly of the traders sitting in the international market have started trading in bitcoin. So you can support your argument with so many facts.


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October 17, 2017, 05:45:00 PM
 #1436

Ask management in major stores if or when they will accept bitcoin payments.
Yes the management must be aware of the ups and the down of the bitcoin as the bitcoin is being invest by the people of the other countries and the income of the country is getting affected by the bitcoin then the circle of the bitcoin must be higher and the circle must be wider, most of the people are aware of the bitcoin and the investors are investing in the bitcoin fearlessly because they are trusting the bitcoin now.

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October 17, 2017, 09:25:43 PM
 #1437

Ask management in major stores if or when they will accept bitcoin payments.
Yes the management must be aware of the ups and the down of the bitcoin as the bitcoin is being invest by the people of the other countries and the income of the country is getting affected by the bitcoin then the circle of the bitcoin must be higher and the circle must be wider, most of the people are aware of the bitcoin and the investors are investing in the bitcoin fearlessly because they are trusting the bitcoin now.

Bitcoin can be trusted, but this does not protect your business. The fluctuations in prices will negatively affect the business that bitcoin is taking. That's why businessmen do not want to use Bitcoin

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October 17, 2017, 09:51:14 PM
 #1438

Ask management in major stores if or when they will accept bitcoin payments.

It's easy to ask but the initiative should come to you, you can never encourage a small business to accept bitcoin by simply asking them if they want to or when they'll accept bitcoin payments. You must educate them, try to conduct some short time interviews and you are good to go. There's a lot of things that you should tell them in bitcoin since not all of them are completely full of bitcoin information and this is the reason why you should encourage them in a no tricky way.

       
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October 19, 2017, 12:07:29 AM
 #1439

we don't need to bother ourselves about them, the sudden change will make them run in to bitcoin
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October 19, 2017, 10:44:02 AM
 #1440

we don't need to bother ourselves about them, the sudden change will make them run in to bitcoin
according to my opinion we should need to work hard and give information about the bitcoin that what are the benefits of accepting bitcoins and what are the uses of bitcoins. when local business start accepting bitcoins then with them automatically big business also start accepting bitcoins and with time the whole world start accepting bitcoin and in last bitcoin will become the unique currency of the whole world.
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