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Author Topic: How can we encourage local businesses to accept BTC?  (Read 184073 times)
batang_bitcoin
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October 30, 2017, 06:09:44 AM
 #1481

I would rather emphasize the uniqueness of using btc vs fiat currency. Well for local businesses, they should know how bitcoin works in real life, It is fast, It decentralized, It is globally accepted and its value continues rising,  Just like my friend encourage me about using btc trigger us to be millionaire someday, then this method might be effective to them.Smiley

It's a good that you'll emphasize the uniqueness of using bitcoin. And you have to firm and strong while explaining that to the businesses because just like these days, there are so many scam websites that can destroy the trust of those businesses and it will affect each and everyone of us so that's really a trial to someone that's going to encourage a local business to accept bitcoin.
its hard to explain what bitcoin is for those who dont know, especially in country which not support bitcoin, most people outside crypto world may treat bitcoin as a pyramid, so i think the first should be the government announce that bitcoin is legal
It's hard to explain it to them if they don't have the willingness to listen what bitcoin is. Well bitcoin has been degraded but those people that are remaining in bitcoin and those local businessmen who are believing to bitcoin will be benefiting to it. And if those people you are talking about bitcoin and not willing to listen, just forget about them and don't push them into bitcoin.

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October 30, 2017, 07:05:45 AM
 #1482

I would rather emphasize the uniqueness of using btc vs fiat currency. Well for local businesses, they should know how bitcoin works in real life, It is fast, It decentralized, It is globally accepted and its value continues rising,  Just like my friend encourage me about using btc trigger us to be millionaire someday, then this method might be effective to them.Smiley

It's a good that you'll emphasize the uniqueness of using bitcoin. And you have to firm and strong while explaining that to the businesses because just like these days, there are so many scam websites that can destroy the trust of those businesses and it will affect each and everyone of us so that's really a trial to someone that's going to encourage a local business to accept bitcoin.
its hard to explain what bitcoin is for those who dont know, especially in country which not support bitcoin, most people outside crypto world may treat bitcoin as a pyramid, so i think the first should be the government announce that bitcoin is legal
It's hard to explain it to them if they don't have the willingness to listen what bitcoin is. Well bitcoin has been degraded but those people that are remaining in bitcoin and those local businessmen who are believing to bitcoin will be benefiting to it. And if those people you are talking about bitcoin and not willing to listen, just forget about them and don't push them into bitcoin.
This is actually the hardest part on where you do try to convince those people but yet they do just easily neglect you because they are not interested at all.Its really a frustrating thing but you cant blame them since we do have our own minds regarding on things as long we do already took our part on sharing then it would be just fine.It would really depend if they would accept it or not.If they pass then they did let the opportunity on earning profits in future.



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October 30, 2017, 08:14:03 AM
 #1483

It not easy to encourage local business owner to accept bitcoin because most of the bitcoin network base on the internet and some of the local business owner are not educative or surfing the internet.  Therefore, if you want to encourage a local business person make sure he/she is education, have an internet and provide him/her the right article to read so the business owner will understand the benefit in accepting bitcoin.
There is no doubt to deny this fact that it is not an easy task to convince and encourage the ones sitting in the local market that they should accept bitcoins. Most of the investors and traders sitting in the local market are unaware of this concept of digital currency.

We need to tell them about bitcoin and other digital currencies and after that, we need to tell them what all wonders this bitcoin can bring.

But why would they accept bitcoin, there is no real benefit to them, they would have to be very aware of the price. Imagine you get paid in bitcoins at your store and you get 2 bitcoins that month, and you find out that bitcoin is now worth 1000$ less, you have to instantly sell your bitcoins and pay more fees, there is no benefit for stores.

There are services like Bitpay that auto converts it to your currency on the spot at that value at that moment and auto send it to your account straight up. Sure, we understand bitcoin is volatile, but that does not mean it cannot still be used in real life sense and as we start seeing more innovations around how this can be worked out, then we will obviously start seeing more adoptions.


But the transaction fee on bitcoin is very high,so still do you think the local traders will accept bitcoins because the profit might decrease while getting bitcoins as their payment than the fiat currency.So we need to take some measures to decrease the transaction fees then every traders will start to accept bitcoins also as their payment.
This is right that the transaction fee is very much high but if you compare it with the amount of profit which you can earn by having bitcoin, then it will hardly make any difference. For me, the best way is to tell them about bitcoin and the worth of bitcoin.

If you’ll be able to convince them that bitcoin can actually change your life, then encouraging them will hardly be a big deal.


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October 30, 2017, 08:19:03 AM
 #1484

It's not easy to make a local business accept BTC cause Bitcoin is not popular as all you guys think so maybe these businesses don't even know about it but if there are a lot of people ask them for accepting Bitcoin everyday maybe they will explore about Bitcoin and maybe they will accept Bitcoin but at first Bitcoin need to be legalized or at least not banned in your country.
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October 30, 2017, 07:41:06 PM
 #1485

It not easy to encourage local business owner to accept bitcoin because most of the bitcoin network base on the internet and some of the local business owner are not educative or surfing the internet.  Therefore, if you want to encourage a local business person make sure he/she is education, have an internet and provide him/her the right article to read so the business owner will understand the benefit in accepting bitcoin.
There is no doubt to deny this fact that it is not an easy task to convince and encourage the ones sitting in the local market that they should accept bitcoins. Most of the investors and traders sitting in the local market are unaware of this concept of digital currency.

We need to tell them about bitcoin and other digital currencies and after that, we need to tell them what all wonders this bitcoin can bring.
Except you even know the right person to meet which most of them are usually behind the scenes as the only set of people you may end up seeing are just the staff. However, for a shop manager who understands how bitcoin works, it can be so easy to throw it to the owner of such stores and see how it plays out cause the owners are apparently the decision makers.

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October 30, 2017, 08:16:38 PM
 #1486

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.
Well, all what the local retailers need is education of what Bitcoin potential is all about and other crypto currency has in stock if they should invest start accepting Bitcoin as a mode of payment in there various shop's and the rest of them.
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October 30, 2017, 10:15:19 PM
 #1487

I would rather emphasize the uniqueness of using btc vs fiat currency. Well for local businesses, they should know how bitcoin works in real life, It is fast, It decentralized, It is globally accepted and its value continues rising,  Just like my friend encourage me about using btc trigger us to be millionaire someday, then this method might be effective to them.Smiley

It's a good that you'll emphasize the uniqueness of using bitcoin. And you have to firm and strong while explaining that to the businesses because just like these days, there are so many scam websites that can destroy the trust of those businesses and it will affect each and everyone of us so that's really a trial to someone that's going to encourage a local business to accept bitcoin.
its hard to explain what bitcoin is for those who dont know, especially in country which not support bitcoin, most people outside crypto world may treat bitcoin as a pyramid, so i think the first should be the government announce that bitcoin is legal
It's hard to explain it to them if they don't have the willingness to listen what bitcoin is. Well bitcoin has been degraded but those people that are remaining in bitcoin and those local businessmen who are believing to bitcoin will be benefiting to it. And if those people you are talking about bitcoin and not willing to listen, just forget about them and don't push them into bitcoin.
This is actually the hardest part on where you do try to convince those people but yet they do just easily neglect you because they are not interested at all.Its really a frustrating thing but you cant blame them since we do have our own minds regarding on things as long we do already took our part on sharing then it would be just fine.It would really depend if they would accept it or not.If they pass then they did let the opportunity on earning profits in future.

The only hardest part is always the beginning of something but once you've established yourself well on introducing and convincing businessmen about adoption to bitcoin. The next part of your introduction to the other businessmen will be easy, you'll deal with those people that are not really interested but wants to hear you out but don't get pissed off to them just do your best and explain everything you know.

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October 31, 2017, 02:38:36 AM
 #1488

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.



Faster and cheaper? I think you will just going to upset those local merchants because you are lying. Just tell them that bitcoin is going to be the main currency of the future and many countries are accepting and adapting it.

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October 31, 2017, 05:44:50 AM
 #1489

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.



Faster and cheaper? I think you will just going to upset those local merchants because you are lying. Just tell them that bitcoin is going to be the main currency of the future and many countries are accepting and adapting it.
I'll help with own my thought about faster and cheaper. Faster in a way for transactions as the most popular way of paying is through PayPal and it takes a lot of time there before your payment. In bitcoin, it will only take a couple of minutes with the regular transaction. With cheaper, the fee is cheaper than PayPal when sending and also with other remittance services.

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October 31, 2017, 05:59:46 AM
 #1490

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.



Faster and cheaper? I think you will just going to upset those local merchants because you are lying. Just tell them that bitcoin is going to be the main currency of the future and many countries are accepting and adapting it.
I'll help with own my thought about faster and cheaper. Faster in a way for transactions as the most popular way of paying is through PayPal and it takes a lot of time there before your payment. In bitcoin, it will only take a couple of minutes with the regular transaction. With cheaper, the fee is cheaper than PayPal when sending and also with other remittance services.
if bitcoin can establish or have some grounds regarding to its fluctuations I think more people will use this for transacting their money, the only problem now is the volatility of its value if this trend continue the adoptions will still be in slow face but if this will be resolved for sure more businesses will adopt the system.

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October 31, 2017, 06:37:36 AM
 #1491

Every time goes by some of countries starting to build a learning about bitcoin technology i think in the near future bitcoin will be more popular around the world and each country will build their own digital system to accept bitcoin then that is the time to encourage small business to make a step to accept bitcoin as part of their business its hard for now because bitcoin is not yet fully legalized that is why we need to wait for the moment that all people know about bitcoin.
Obviously, it is going to be more popular at the end. I have been reading so many technology news and I have been seeing so many innovations going on lately revolving around the blockchain technology and apparently, more will keep coming as we keep moving on, which would make the crypto space become an easy usage in real life terms.

This is good for the development of bitcoin and makes it even more unstoppable by the governments.
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October 31, 2017, 10:51:48 AM
 #1492

To encourage local businesses to accept BTC, you need to find out about the development model of that business. If business is paying high security, bitcoin is the right choice. If there are incentives, discounts will stimulate them to give bitcoin as a method of payment.
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October 31, 2017, 12:20:04 PM
 #1493

In our local country our other local business accepted bitcoin because we have called coins.ph maybe they know about bitcoin too because all the banks there we can transfer money with wallet coins. ph. For others who do not know about bitcoin they simply need to understand the content of bitcoin maybe the seminars will also be able to conduct what are the benefits they will get with bitcoin. Because bitcoin is too complicated so you need to apply for a study to better understand bicoin.
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October 31, 2017, 03:06:58 PM
 #1494

I think it is very difficult because the countries in the world have only a few countries to recognize the existence of bitcoin and very few policies support it but if you want you to make a proposal With the local business you are in, you want to pay by bitcoin if they agree, we can exchange payment method instead of cash you will pay by bitcoin.

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October 31, 2017, 04:49:09 PM
 #1495

Every time goes by some of countries starting to build a learning about bitcoin technology i think in the near future bitcoin will be more popular around the world and each country will build their own digital system to accept bitcoin then that is the time to encourage small business to make a step to accept bitcoin as part of their business its hard for now because bitcoin is not yet fully legalized that is why we need to wait for the moment that all people know about bitcoin.
It is going to happen for sure because the value and the popularity of the bitcoin is increasing more and more in the future and it is the time be the most rich person of the world. The value and the price of the bitcoin is now getting high and the price of the bitcoin will be the best thing in the future, I like to have the bitcoin and get in the bitcoin for the long time so get in the bitcoin and buy the more to encourage the other people.
You are right the price is increasing and it is the best business for a lot of the people the bitcoin income is the good source for all the people because as much as this time you will invest in the bitcoin you will get the profit and the income and the other resources for the bitcoin will be there for you. I am very happy to buy the bitcoin and to hold till the price of the bitcoin it will grow more and more as the best business.

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November 02, 2017, 03:14:31 AM
 #1496

I suppose that the best idea I can think of is you build a business like a buy and sell store and then post it in your banners that you accept btc. It would be a good start and then more and more merchants will be encourage to follow what you did.

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November 02, 2017, 01:06:32 PM
 #1497

Every time goes by some of countries starting to build a learning about bitcoin technology i think in the near future bitcoin will be more popular around the world and each country will build their own digital system to accept bitcoin then that is the time to encourage small business to make a step to accept bitcoin as part of their business its hard for now because bitcoin is not yet fully legalized that is why we need to wait for the moment that all people know about bitcoin.
It is going to happen for sure because the value and the popularity of the bitcoin is increasing more and more in the future and it is the time be the most rich person of the world. The value and the price of the bitcoin is now getting high and the price of the bitcoin will be the best thing in the future, I like to have the bitcoin and get in the bitcoin for the long time so get in the bitcoin and buy the more to encourage the other people.
You are right the price is increasing and it is the best business for a lot of the people the bitcoin income is the good source for all the people because as much as this time you will invest in the bitcoin you will get the profit and the income and the other resources for the bitcoin will be there for you. I am very happy to buy the bitcoin and to hold till the price of the bitcoin it will grow more and more as the best business.
Yeah now all the people are aware of the bitcoin price and the profit, I hope in the future all the people will start the business with the bitcoin and the value of the bitcoin will be more than this if the local businessmen will invest in the bitcoin and they will trust the bitcoin and will take the risk of the bitcoin at the same time I hope this will make the bitcoin better than before and all the people will invest in the bitcoin.

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November 02, 2017, 03:26:15 PM
 #1498

I can encourage local merchants to accept the bitcoin as money,first i explain about the bitcoin uses and details of transactions.i give clear debate on bitcoin and i will show with examples.
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November 02, 2017, 09:43:54 PM
 #1499

Encouraging local business to use bitcoin would be really hard though because most of them even didn’t heard about bitcoin and   they would surely refuse to use it. Convincing them would really a problem though except to those merchants who already accepts bitcoin as   a payment. But still I believe that this adoption would really spread all over the world.
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November 03, 2017, 08:42:55 AM
 #1500

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.
Well, all what the local retailers need is education of what Bitcoin potential is all about and other crypto currency has in stock if they should invest start accepting Bitcoin as a mode of payment in there various shop's and the rest of them.
Local business mans should know that there are many  opportunity in bitcoin and bitcoin can lead them  to profit. as they start accepting  bitcoin the will get high profit and also if they hold then they will earn also from bitcoin price increase.

Business mans will have large amount to invest in and they will also get big investors to support them. They can earn more profit than stocks in bitcoin and its exchange and the income will always increase in the future.

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