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Author Topic: How can we encourage local businesses to accept BTC?  (Read 184770 times)
bhadz
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December 28, 2017, 11:32:14 AM
 #1701

As per my opinion, Social media marketing takes a big role if you want to promote or sell something on local or globally.
Start to convince all local retailers through SMM to accept Bitcoins.

When there's SMM involve that's all about advertising of such service and I don't think we need it for bitcoin's acceptance and encouragement for local business just to adopt bitcoin. We just need to have some small talk and take time to let them know that bitcoin is something that we can use for their business and at the same time for investment too so it's a 3 in 1 for them. Currency, payment method and investment.

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December 28, 2017, 11:47:22 AM
 #1702

I think if you manage to tell them there won't be no fees like no structure behind to regulate the transactions and slow it down, no intermediates well yes they might accept this whole thing. But don't just go there trying to explain them this whole thing, they wouldn't understand.

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December 29, 2017, 02:36:55 PM
 #1703

i would do it simple, tell them the advantages of bitcoin, the fact about very low or zero fee, and the fact that is less trouble some than fiat

you can also add that the payment and confirmation can be instant, if they ask about it, just need to work with an off chain system liek bitpay
Yes sir i follow your method. Firstly i discuss about bitcoin popularity and advantage over the world, then i inspire them about low fee of bitcoin and transaction method is so easy. I hope i will get their feedback.
I agree with you. We need to show them the value and advantages of bitcoin. Then we tell them how easily they can make profit by bitcoin. I also hope that they use bicoin and accept it cordially.

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December 29, 2017, 04:24:28 PM
 #1704

I live in Lithuania, EU member state, and i can see more vendors accepting bitcoin, most of the bigger electronic good sellers accept bitcoin now
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December 29, 2017, 04:34:53 PM
 #1705

if the business man does not fully understand of Bitcoin,  you can tell the 10K btc 1 pizza story,  the guy who sold out pizza and accepted BTC did the best deal in his life.  Cheesy
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December 29, 2017, 07:39:46 PM
 #1706

As per my opinion, Social media marketing takes a big role if you want to promote or sell something on local or globally.
Start to convince all local retailers through SMM to accept Bitcoins.
Yes the fact is if you will brief the things related to bitcoin and crypto currency to anyone in your social circle in the best possible way and in a way which can help them in learning the things more efficiently, then they will listen to you as this is thing which will help them at the end in making more money. Same is the case for the ones who are sitting there in local market, you do need to convince them in a way they find it beneficial for them.
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December 29, 2017, 10:14:23 PM
 #1707

Let them personally experience bitcoin. It really is hard for them to accept something they do not know. Social media also helps a lot. Spread the news on the popular social media sites, groups and pages. Highlight on the advantages. Make comparisons so that they may realize how easy and safe it is to use bitcoin.

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December 29, 2017, 10:38:23 PM
 #1708

Let them personally experience bitcoin. It really is hard for them to accept something they do not know. Social media also helps a lot. Spread the news on the popular social media sites, groups and pages. Highlight on the advantages. Make comparisons so that they may realize how easy and safe it is to use bitcoin.
You can also give them those websites that are related to bitcoin and that's going to give them an idea about bitcoin. Lack of knowledge is the first problem that we will face when it comes to encouraging these local businesses but once they already know what they are taking that will give them some idea on what bitcoin really is and in the end they might be encouraged alone.



 

 

 

 

 

 


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December 29, 2017, 11:50:10 PM
 #1709

Just tell them that bitcoin price is amazingly crazy that is very volatile and ideal for their business. And show them the graph of bitcoin for them to be impressed.

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December 30, 2017, 04:05:05 AM
 #1710

The purpose of a business is profit. If you don't explain what the BTC is, what benefits will it bring to the enterprise, and the company will not venture to invest.
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December 30, 2017, 11:27:13 AM
 #1711

All sorts of payment in a business is acceptable, it's rational and it's
practical. How on earth will your trade and venture survive if one
fails or refuses to adapt an emerging solution and option in finance.
Bitcoin is no exception, if businesses big or small would integrate
and implement the usage of bitcoins it will bring more profits and
attract customers. It's the next thing to speed up transactions and
offer more alternative means of payment and investment.
You could show them websites that have btc payments to encourage
them the new trend and explain how such an innovation could aid
businesses to the next level. Let them try and experience bitcoins.
micher143
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December 31, 2017, 04:39:54 AM
 #1712

It's not as easy as you think, they're not going to start accepting because one person wants to pay with it, with time more people will start to use BTC and then it will happen automatically but still you can plant the idea in their head and explain to them what it is but only if they seem interested.

Better idea is if you use some online stores/services tell them how you would have loved to pay with bitcoin.
We all know that the support of people serve as one of the vital factor for bitcoin to experience development and growth when it comes to its price and value. So we don't really need to encourage people n a manner that we need to put much effort because our support is enough for business and institutions to see the range of bitcoin when it comes to transactions and businesses.
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December 31, 2017, 06:28:46 AM
 #1713

The only way we can encourage the local businesses to accept bitcoin is to tell them the advantages that's there
bhadz
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December 31, 2017, 10:42:21 AM
 #1714

The only way we can encourage the local businesses to accept bitcoin is to tell them the advantages that's there
The thing is how you will encourage them and tell them the advantages of bitcoin. If you are really want to uplift the cryptobusiness near you then you have to do something like to sacrifice few of your mBTC and show them on how bitcoin transactions are working for those who wants to get in. Also tell them the pros and cons of having it, focus mainly with the volatility of it as if they are enthusiasts and economists they will understand the positivity and advantage of it.

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pavingyucky
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January 01, 2018, 04:06:31 AM
 #1715

One way to help convince retailers would be to say that bitcoin is safe and secure. It is also a fast way to pay for goods and services.
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January 01, 2018, 05:13:19 PM
 #1716

One way to help convince retailers would be to say that bitcoin is safe and secure. It is also a fast way to pay for goods and services.
safe and secure isnot real  encourage for people to accept using bitcoin.

i found it is better to explain them about bitcoin and they take apply or not.
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January 01, 2018, 10:27:58 PM
 #1717

This is heavily influenced by the policies of the country you are living in. If the government accepts bitcoin in the deal, convincing local businesses is not too difficult if you let them understand the blockchain application for payment. But if your government does not accept bitcoin in the deal then this is really a big problem for your team.
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January 02, 2018, 05:39:22 AM
 #1718

I would approach small businesses and explain to them the benefits of the blockchain and use Bitcoin as an example. Maybe create a PowerPoint slide to show them.

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January 02, 2018, 07:24:35 AM
 #1719

The basic thing to do is explaining to them the benefits of bitcoins. But it is a long process to them in order to understand the bitcoin. They maybe invest some of it in order them to allow or accepting bitcoin as a payment. The best way to do is part by part saying that bitcoin can help them in their local business.
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January 03, 2018, 12:32:02 AM
 #1720

I think it is more up to the government to specify bitcoin as an official mean of payment. Governments can e.g. lower taxes for businesses using bitcoin for their transactions to stimulate the use of bitcoin. In reality, more and more governments are taking measurements against bitcoins and other cryptocurrencies because they are losing control of al the transaction details etc, and that needs to be prevented by pointing out the significant advantages of paying with cryptocoins.
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