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Author Topic: How can we encourage local businesses to accept BTC?  (Read 184290 times)
portotoi
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January 25, 2018, 11:05:35 AM
 #1761

Encouraging the local business in the acceptance of bitcoin is a very hard thing to do especially to those closed minded person. But we we try to explain the feature of bitcoin which is volatility and this is also a digital currency. Maybe they will like the idea.

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RodeoX
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January 25, 2018, 02:41:30 PM
 #1762

It's not complicated. Just tell them you will only buy from them if they take bitcoin. I have convinced about 10 businesses to accept my bitcoin. Later this week I get a haircut from someone who agreed to take BTC. Want my money, then take my bitcoin. Bitcoin is "my" money.

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January 26, 2018, 10:34:14 AM
 #1763

First of all we should tell them what bitcoins is and how it works and then explain it carefully and when you got their trust and starting to believe you, that's the time your bitcoins will be accepted.
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January 26, 2018, 01:21:23 PM
 #1764

People are generally afraid of the things that they don't understand. And in today's world, not giving a sh.t is a result of being afraid in my opinion.

So, if people understand the system more, they will be less afraid to get into it. Bitcoin seems to be a huge hype and people are wondering what it is but in today's term, without any governmental actions & regulations & stuff, people won't be interested into the stuff that speakers from Bitcoin world says.
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January 26, 2018, 07:17:32 PM
 #1765

It's not complicated. Just tell them you will only buy from them if they take bitcoin. I have convinced about 10 businesses to accept my bitcoin. Later this week I get a haircut from someone who agreed to take BTC. Want my money, then take my bitcoin. Bitcoin is "my" money.
Although it is not complicated but i think that still it is not so easy, specially in backward countries where the traders are mostly illiterate and they do not have enough knowledge about computer and internet, I think it will take a long time when the new generation investors and traders will get education and will taking interest in bitcoin. May be it will take more than decades.
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January 26, 2018, 07:38:36 PM
 #1766

By explaining how much exposure (media coverage) a business gets when starts accepting bitcoins...
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January 26, 2018, 10:08:13 PM
 #1767

In my experience, if your going to go one by one and try to introduce them to BTCitcoin and explain how it works in order for them to accept payments of BTC , it would be really a lengthy process and you'll stop doing it before you start so the best suggestion I could make is either by making a mini seminar wherein you invite them altogether and talk about it and even show some of the YouTube videos that well known speakers of community are in and they cover almost everything... And in cases of online local businesses, you could try to send them a support ticket regarding the matter and I've had luck that they answered, "were already reviewing BTCitcoin payments and will consider it for the future" .

There has been success by us in Miami with meetups for newbies, smbs and general public. Most smbs near us simply don't understand how it can be beneficial to move into bitcoin or other and I honestly dont think it is for most smbs until the volatility stabilizes but good luck!
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January 27, 2018, 06:42:28 PM
 #1768

Encouraging the local business in the acceptance of bitcoin is a very hard thing to do especially to those closed minded person. But we we try to explain the feature of bitcoin which is volatility and this is also a digital currency. Maybe they will like the idea.
That is too much important and is in favour of Bitcoin. Through this way bitcoin will become more stronger and more popular. Currently local businessmen are not taking more interest in bitcoin and the reason can be that still they do not have enough knowledge about bitcoin, i think they need proper knowledge about bitcoin, so that they can also start taking interest in bitcoin.
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January 28, 2018, 02:44:44 PM
 #1769

Bitcoin in our country is not that popular enough that even our local businesses would venture and explore. But a way to encourage them is to make bitcoin more popular in the country then explain everything about bitcoin all its advantages and benefits. This will make local businesses increase their investments and widen their business not just offline but also online since bitcoin is a cryptocurreny. There are lots of benefit bitcoin can give let us show them what are those and prove to them that bitcoin will give them postive outcomes for their business.

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January 28, 2018, 04:26:24 PM
 #1770

I think the only problem of BTC is the lack of stable prices (its price up and down 1000-2000 $ is a story frequent). Furthermore BTC not optimal as ETH. if BTC solve this they will be the water and organizations in the world. but this requires BTC to innovative technology and this must be the consent of investors. this is difficult to happen for the sake of them. so story that BTC accepted payment is a hard work to trade-in both the money and time of thousands of people.
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January 30, 2018, 06:07:32 PM
 #1771

Bitcoin in our country is not that popular enough that even our local businesses would venture and explore. But a way to encourage them is to make bitcoin more popular in the country then explain everything about bitcoin all its advantages and benefits. This will make local businesses increase their investments and widen their business not just offline but also online since bitcoin is a cryptocurreny. There are lots of benefit bitcoin can give let us show them what are those and prove to them that bitcoin will give them postive outcomes for their business.
Exactly bitcoin has a lot of benefit for them and if they will explore bitcoin forum they will get to know bitcoin benefits in real life. It is not hard to encourage them if they are really a big and huge level businessman as now bitcoin is common all people are aware of bitcoin, bitcoin can be sue as side source of income for them if they will invest the spare money in bitcoin and then hold it for long time along with bitcoin a person can start some other business as well and it will support him in time of sudden crises.

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emirkalyoncu
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January 30, 2018, 06:55:03 PM
 #1772

I think that is not possible right now as the price of bitcoin goes down business owners wil find it too risky and the price is flactuates too much.I think it is only possible if the owner is a trader himself.He could use that btc to make some moves on the market.
Konyox
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January 31, 2018, 07:49:57 AM
 #1773

before we introduce bitcon into people, i think we should give them an explaining about bitcoin and we can give them an example of how to using bitcoin and make any transaction with easy. it should need hard work and there is no one can do without other people. so maybe you can make little group with your friends which using bitcoin and start to make a community and make meeting discussion group and ask people to join, then in that meeting group you can tell them about bitcoin. its really need hard work to do this but after you success, then people in your city will appreciate to you and make bitcoin as payment soon
portotoi
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January 31, 2018, 11:45:42 AM
 #1774

I think that is not possible right now as the price of bitcoin goes down business owners wil find it too risky and the price is flactuates too much.I think it is only possible if the owner is a trader himself.He could use that btc to make some moves on the market.

Right...he can be a trader. You can encourage the local business owner to take advantage on the flactuation of the bitcoin and other crypo currencies. He can trade the crypto currencies since the value today is still low.

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January 31, 2018, 06:00:48 PM
 #1775

I think that is not possible right now as the price of bitcoin goes down business owners wil find it too risky and the price is flactuates too much.I think it is only possible if the owner is a trader himself.He could use that btc to make some moves on the market.

Yes you are right but we need to teach them to get into bitcoin because the world is moving so fast but many of us still don't about technologies and it's use so we need make awareness about bitcoin in all possible ways this is only way to encourage local businesses to get into bitcoin.

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February 01, 2018, 08:25:45 AM
 #1776

Encouraging People are very difficult task for us but if we can explain properly what bitcoin really is, and what it uses and its beauty and purpose, I'm sure, we can attract them to join and invest in bitcoin. Also, all people only wants to earn money, want their business to grow and have more income. 
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February 03, 2018, 09:09:12 AM
 #1777

Perhaps, a good idea would be to give bitcoins to the development of a real business with the condition that the future company will be accept bitcoins as a payment for its services
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February 05, 2018, 10:54:29 PM
 #1778

Kind of touched on already but convincing businesses of the benefits of BTC right now what with the current value and uncertainty wouldn't be wise!
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February 06, 2018, 05:58:12 AM
 #1779

bitcoin in my country is doing great and it has a lot of benefits for example paying bills online remittances . banking / buying prepaid loads and recently they some restaurant are already listed and they are accepting bitcoin as a payment so much innovation is happening in bitcoin.
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February 06, 2018, 07:35:21 AM
 #1780

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.

Making them see the change and how your trading life has bloomed over the years of use because local users will find it difficult to believe without testimonies.
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