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Author Topic: How can we encourage local businesses to accept BTC?  (Read 184290 times)
Opuriankk
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January 01, 2018, 05:13:19 PM
 #1721

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
 #1722

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
 #1723

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
 #1724

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
 #1725

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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January 03, 2018, 01:38:19 AM
 #1726

The first thing you need to do is introduce bitcoin to the local because there are still many people that know how and what is bitcoin is. How to encourage people if they don't even know how to use bitcoin ? After they know bitcoin, you can tell them the benefits of using bitcoin
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January 03, 2018, 08:57:36 AM
 #1727

Explaining them the benefits of bitcoin that can help in their businesses for example as a payment method that can increase because of the price value.We all know its a long due process but somehow somewhere in the near future everbody would appreciate the importance of bitcoin.
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January 03, 2018, 12:58:24 PM
 #1728

I think it's simple to encourage local businesses to accept Bitcoin now a days. Because crypto world use different strategy like social internet and media too. If you are a local business you need to evolve too like Bitcoin and other alternative coins as well. It's a demand to upgrade technology to sustain your online business for a future references. Simple, you need to evolve to survive.
It's not simple to encourage local businesses to accept bitcoin even for today. Not all of them are educated about modern technology and some are still skeptic about bitcoin. Although if the country or government your living in has approved the usage of bitcoin then that's a good initiative for anyone to start a conversation on a businessman about bitcoin and he'll take it lightly but seriously since it was advised.

For me, if you encourage a local business that is not educated like you've said in previous comment. It's totally problematic in the first place. Why you create or build local business if you are not educated in that particular business. Now a days, it almost 80 percent of local business use technology like computer and many more. So don't target those not educated because they will not understand it. I said it's simple cause if they are connected in internet they will easily understand it because of many facts about bitcoin.
Making someone aware of this technical concept of bitcoin to the one who is not that much good academically is really a difficult thing to do. You really need to put in lot of efforts in order to make them aware of the bitcoin and how this all work.

Till the time, they will not be knowing about bitcoin, they will never ever go for acceptance of bitcoin. After that you can motivate them to start accepting bitcoins.

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January 03, 2018, 03:42:57 PM
 #1729

Explaining them the benefits of bitcoin that can help in their businesses for example as a payment method that can increase because of the price value.We all know its a long due process but somehow somewhere in the near future everbody would appreciate the importance of bitcoin.

We need to teach them about bitcoin and it's uses , it is one of the great way to encourage the local shops and also we need to tell about how to exchange ,sell, buy, and trade online currencies it give them a good hope about online currencies .

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January 03, 2018, 03:52:26 PM
 #1730

Nowadays, the bitcoin became more popular and even some other businesses adopted bitcoin and accept this as one of the mode of payment and it is making us to easy encourage the local businesses to accept BTC, just like my neighbor who had a small store in our village, she is now accepting BTC due to it's popularity and the fast rising of it's price.

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January 04, 2018, 05:04:28 AM
 #1731

We can encourage local businesses to accept bitcoin by explaining them the benefits of accepting bitcoin as a payment method in their business
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January 04, 2018, 06:07:05 AM
 #1732

I think it's simple to encourage local businesses to accept Bitcoin now a days. Because crypto world use different strategy like social internet and media too. If you are a local business you need to evolve too like Bitcoin and other alternative coins as well. It's a demand to upgrade technology to sustain your online business for a future references. Simple, you need to evolve to survive.
It's not simple to encourage local businesses to accept bitcoin even for today. Not all of them are educated about modern technology and some are still skeptic about bitcoin. Although if the country or government your living in has approved the usage of bitcoin then that's a good initiative for anyone to start a conversation on a businessman about bitcoin and he'll take it lightly but seriously since it was advised.

For me, if you encourage a local business that is not educated like you've said in previous comment. It's totally problematic in the first place. Why you create or build local business if you are not educated in that particular business. Now a days, it almost 80 percent of local business use technology like computer and many more. So don't target those not educated because they will not understand it. I said it's simple cause if they are connected in internet they will easily understand it because of many facts about bitcoin.
Making someone aware of this technical concept of bitcoin to the one who is not that much good academically is really a difficult thing to do. You really need to put in lot of efforts in order to make them aware of the bitcoin and how this all work.

Till the time, they will not be knowing about bitcoin, they will never ever go for acceptance of bitcoin. After that you can motivate them to start accepting bitcoins.

Everyone is starting from scratch if he's not that much knowledgeable in such concepts like in bitcoin. Putting too much effort will be worth it when the right time comes. But with what you said that they will never ever accept bitcoin? That's the big doubt that I'm thinking for now when someone is saying this without basis without any positive mentally, you really can't encourage a business or individual.

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January 04, 2018, 06:12:59 AM
 #1733

Target single industry, find out the current pain points in that business and explain how accepting Bitcoin can address those pain points. All the best! Keep sharing your knowledge as you progress. Thanks
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January 04, 2018, 08:10:53 AM
 #1734

We just need to encourage them to use the bitcoin more and more, I'm pretty sure that we can encourage them by motivating them and tell them they can make profit and can accept it easily.
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January 04, 2018, 09:25:49 AM
 #1735

Many business owners and entrepreneurs has no enough knowledge in cryptocurrency and others has even zero understanding on how bitcoin works as an online currency. They need to educate them first and explain how the use of bitcoin would benefit their businesses in many ways. But you must also inform them the risks of using bitcoin and how to manage it to avoid those risks that associated with bitcoin like price volatility and hacking.    

 

 
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January 04, 2018, 03:25:10 PM
 #1736

Many business owners and entrepreneurs has no enough knowledge in cryptocurrency and others has even zero understanding on how bitcoin works as an online currency. They need to educate them first and explain how the use of bitcoin would benefit their businesses in many ways. But you must also inform them the risks of using bitcoin and how to manage it to avoid those risks that associated with bitcoin like price volatility and hacking.    

If we try to introduce btc some local business that are not familiar with it may find that btc is a scam. Nevertheless, there are still lots of ways wherein they can learn to adopt this new trend. It can be done with the help of the right people to explain to them. Maybe send them to a business orientation seminars and then maybe there is a part that btc will be introduced. And who knows even small business will accept BTC as payment for their goods or services.
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January 04, 2018, 06:26:10 PM
 #1737

In order to encourage local business to accept bitcoin, the first thing we should do is the fee issue. No business would allow for every transaction a fee of ~ $ 20.

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January 04, 2018, 08:04:45 PM
 #1738

encouraging local businesses to accept not only bitcoin but some other worthy cryptocurrency seems not to be so hard nowadays, it is due to the innovations and the influence of the information technology and the help it will bring to everyday's life.
for someone who can show the advantage of the information technology, he or she can easily encourage the business owner to accept or use bitcoin into his or her business.
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January 05, 2018, 11:10:43 AM
 #1739

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.
I believe that there is no way that you can force anyone for using this bitcoin or investing their money in order to have some bitcoins for himself.

You can only tell them about bitcoin in a way that you need to tell them all the advantages and plus points of investing in bitcoin as well as encouraging them for accepting of bitcoins. Till the time, you will not tell them in the best possible way about bitcoin, things will not change.

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January 05, 2018, 01:23:27 PM
 #1740

Explaining them the benefits of bitcoin that can help in their businesses for example as a payment method that can increase because of the price value.We all know its a long due process but somehow somewhere in the near future everbody would appreciate the importance of bitcoin.
The most important thing which we do need to do is to fist make them convince about this thing that bitcoin is really a beneficial thing and it has got number of advantages. This will not benefit or will work out in favor of bitcoin only, but it will be you who will be getting more benefit out of this. This will help you in having a very good amount of money and this is the thing which the modern world will be using.

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               ▓▓▓▓▓▓▓▓▓▌▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ ▓▓▓▄▄
               ▓▓▓▓▓▓▓▓▓▌▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ ▓▓▓▓▌
             ▄▄▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀▀▀▀▀▀            ▀▀▀▀▀▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓
             ▓▓▓▓▓▓▓▓▀▀▀                                         ▀▀▀▓▓▓▓▓▓
           ▄▓▓▀▀                                                        ▀▀▀▓▄▄
       ▄ ▀                                                                    ▀▀▄

.........CRYPTO SOUK                ▄▄█▄
             ▄█████████▄
           ▐██▀  ███ ▀▀██
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        █▌  █    ███   ▐▌  ▐█
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     █▀ ▐▌  █    ███   ▐▌  █  ▐█
     █  ▐▌  █    ███   ▐▌  ▐  ▐█
     █████▄▄█▄▄▄▄███▄▄▄██▄▄█████
     █   ▌  █▀▀▀▀███▀▀▀▐▌  ▐  ▐█
     █▄ ▐▌  █    ███   ▐▌  ▐  ▐█
     ██████▄█▄   ███  ▄▐█▄██████
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