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Author Topic: How can we encourage local businesses to accept BTC?  (Read 184290 times)
Hartmas
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November 14, 2017, 08:39:50 AM
 #1541

Actually business is in favor of Bitcoin but governments are opposed to it.

Yes most of the business are in favor of bitcoin but government and banker will always oppose bitcoin as they do not get any profit from bitcoin and try their best to term bitcoin as illegal by linking it to terrorism.

Every day a lot of people join the bitcoin community. And in a short time, businessmen will also conduct their business using crypto currency. It is necessary to wait a little

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November 14, 2017, 06:51:27 PM
 #1542

You no need to encourage local businesses to accept Bitcoin. It is in near feature the local business people start accepting bitcoin. Crytocurrency is the future now most of people start analyzing and start doing business with bitcoin.

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November 14, 2017, 08:01:37 PM
 #1543

Providing them with an atm where people can withdraw their bitcoins can help businesses to accept BTC as they would know that there is a possibility to make fiat money
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November 16, 2017, 02:27:04 PM
 #1544

No need to motivate or encourage local business to accept btc because I believe in the near future where Bitcoin become popular and recognize as currency that's the time that local businesses will operate using bitcoins

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November 16, 2017, 02:38:46 PM
 #1545

Today, people willingly sell cars and real estate for bitcoins. An increase in the value of the crypto currency stimulates them to this.
If you’re going to try and encourage local businesses in your country to accept bitcoin, then you first of all have to encourage about 60% percent of the citizens to start making use of Bitcoin, without that, then no local business will be interested to accept Bitcoin as a mode of payment. But that doesn’t mean there isn’t any accepting Bitcoin, you can find them, but no one’s interested. The only place you can find people use bitcoin is online.

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November 16, 2017, 03:07:10 PM
 #1546

I think you should do is tell everyone of youre country and share youre ideas to others and they share to others too and btc is known to all is it easy to them accept that btc is more easy way to pay and  accept payments that incloud bitcoin and easiest to earn.  Smiley
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November 17, 2017, 12:38:43 AM
 #1547

If the owner is a millenial or a psrt of the gen x generation, they might be open new ideas that they can price their items using bitcoins, however the owner must also be aware.of the volatility of bitcoin we should just not force them to be adding bitcoin into their system, for a start, we can convimce them to price certain products that they can sell using bitcoin, and they should also be awate that they can scan a qr code or do it via online. I think in this caee we can start out, like a vending machine wherein just scan you wallet,in order to pay, in a way leading uw more closer to further acceptance of bitcoin, just make sure the owner is very much aware of what bitcoin is.
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November 17, 2017, 08:14:28 AM
 #1548

To be honest encouraging local businesses to accept Bitcoin is easy, the problem is that the legality of the transaction. Some countries still don't accept Bitcoin as a form of payment or so and Local Businesses are bound to disclose it's earnings yearly (Based from our country) and if the Government finds out that they didn't disclose/declare the profit of the Business, It has punishable offense of prison and/or for closure of the Business.

In our country, The numbers of the Bitcoin users is relatively high so these local businesses don't need to be concern about the how many people will use it. Also, there are already owners who are aware of this currency so having that said it's not that hard to adjust once a law is passed. Allowing Bitcoin to be used for any transactions.

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November 17, 2017, 11:20:56 AM
 #1549

Some government doesn't allow using a different currency than the official fiat in daily life. As long as every country has a functioning government like that, no chance for BTC.

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November 18, 2017, 02:02:45 PM
 #1550

Some shops already have quick response rules to pay for. Show them how simple and easy , inexpensive it is to setup a qr deal and the way to consist of intirgrate of bitcoin within the shop and let them know more about bitcoin by itself.
Exactly! The only thing which can help you in encouraging the ones who are there in the world of local business is to tell them as much as you can about bitcoin. This will help them in better understanding of this concept of bitcoin. Once they will get to know about the features of bitcoin, they will for sure go for accepting bitcoin. In addition to this, international market can have a strong influence in this regard.
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November 18, 2017, 09:22:16 PM
 #1551

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.
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November 18, 2017, 10:58:05 PM
 #1552

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.
Introducing bitcoin in the market is the best way to encourage local businesses to accept bitcoin in the market, also maybe we need to explain the good and bad effect of bitcoin in the local because I think if they can't know that. They were scared to used bitcoin as cash for the future.
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November 19, 2017, 12:56:09 AM
 #1553

I think the best way to achieve this goal is to present Bitcoin as an alternative to credit card or paypal, presenting as something really progressive secure, and with all the advantages that Bitcoin have.

Also the best thing to talk about is the cost, aside from the fee for the transfer there is nothing else
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November 19, 2017, 03:48:58 AM
 #1554

El bitcoin podría entrar con buen pie en Australia para motivar a las startups tecnológicas del .... Dope, la primera película en aceptar Bitcoins como método de pago
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November 19, 2017, 04:36:00 AM
 #1555

I am having my won hardware retail shop in India dealing with all building materials. The thing is rate of bitcoin is every now and then changing basic mentality (phycology) is if rate high only says its ok when price goes down we will be very much upset. So because of that only business people not accepting bitcoin. Everybody want changes but who will change the big question is raised every time. So time will tell the answer for this. I believe people like me are getting knowledge about bitcoin and we are working to accept bitcoin as payment practically saying it need more few years to fully implemented.

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November 19, 2017, 01:29:46 PM
 #1556

I think depending on the country you live in, your government has accepted bitcoin as a payment method or there are policies that encourage virtual currency payment that can encourage local businesses to accept receive bitcoin.

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November 20, 2017, 05:49:02 AM
 #1557

I think we first need encourage the government to recognized bitcoin, cause most of the citizen trust government in this kind of thing if thew saw the potential of bitcoin they will realize that bitcoin really is worth it, when the government announce in one country that bitcoin is reliable the a lot of people will get interested in bitcoin and they are the ones that's gonna use and accept bitcoin themselves, there will be a mass adoption and not just local business but even the big name's in the industry might accept bitcoin as well.
Funny, there is nothing left for the government to recognize here, right from the time Bitcoin was launched the government knew about it and has followed up till now.

Those of them who feels it will disfavor them in one way or the other has decided to ban once and for all, and the rest continues to watch and see what comes of it. They won’t accept it as payment method. And by the way, if you need anything, you better buy it online.

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November 20, 2017, 07:24:46 AM
 #1558

Well, you need to promote it by yourself. All of us can help spread awarness bout bitcoin by doing simple things like sharing articles through social media sites or giving satoshis to others. I'm sure that those act will lead to encourage local businesses easily.
Exactly! The most important thing which we need to do is to make people aware of this word of bitcoin as well as crypto currency. If the traders sitting in the local business market will get to know about bitcoin, then they will for sure go for accepting of bitcoin.

In addition to this, the role of international market also carries a significant importance in this regard. They can also motivate the local market to go for accepting of bitcoins.


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November 20, 2017, 12:06:41 PM
 #1559

I think depending on the country you live in, your government has accepted bitcoin as a payment method or there are policies that encourage virtual currency payment that can encourage local businesses to accept receive bitcoin.

As long your country is not banning bitcoin you can encourage local businesses out there. But it's a struggle and the question of how you'll convince them to start accepting bitcoin that's merely a hard thing for new developing countries and still not knowledgeable about bitcoin nor blockchain. Take step at a time, tell bitcoin is like a PayPal or remittance service where it has faster transaction.

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November 20, 2017, 05:12:30 PM
 #1560

I think this is only possible if bitcoin prices stabilize. As of now prices are quite volatile and it will be hard to use bitcoins to buy anything reliably. For example you both something just now and the price is $8,000 and after just a few minutes the price is already $8,100 that means you kind of overpaid.
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