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Author Topic: How can we encourage local businesses to accept BTC?  (Read 170921 times)
traderbit
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November 24, 2015, 07:09:48 PM
 #21

If you or we run a business then it is the best way to start from ourselves.
If not then we should tell and show them how other big businesses are accepting bitcoins.
Telling them the bitcoin opportunities and how they can earn more if the price increases after the sales.

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November 27, 2015, 02:49:14 AM
 #22

maybe this one can help.
Merchant bitcoin point-of-sale (POS) solutions.
There is also a growing number of commerce-specific options that aim to streamline the process of taking bitcoin payments. The following services offer a variety of POS solutions for merchants, both online and off.
Coinify
Coinify, a Danish firm that acquired BIPS and Coinzone, offers POS solutions for both brick-and-mortar and online stores. Merchants can get paid in bitcoin or fiat currency – or a mixture of the two – and its mobile app, Coinify POS, works with both Android and iOS devices.

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November 28, 2015, 05:28:56 AM
 #23

The only way to convince local businesses to accept a cryptocurrency is to offer them an incentive. They are highly unlikely to start accepting it just because they think the idea of a cryptocurrency is "cool" after learning about it in a seminar, as someone suggested earlier. This is the problem with BTC that Zeden (http://zeden.io/) tries to address. Zeden's referral program offers this incentive: refer someone to start using/accepting it, get 70% of all their transaction fees for the next 2 years. Therefore, someone who refers a local business to start accepting Zeden can benefit, and the local business can benefit by referring its customers. The local business can choose to discount its goods if the customers pay with Zeden, since after all, the local business could potentially receive a steady flow of passive income for the next 2 years from the people it refers. Therefore, local businesses and its customers may finally have an incentive to use it.
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November 29, 2015, 12:51:06 AM
 #24

You should make a group that you can explain to them what bitcoin is, how to use bitcoin and other. If you tell them one by one it will took a longer time.
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November 29, 2015, 06:23:35 AM
 #25

tell them about bitcoin is ease to use.
Bitcoin is a great alternative because of the ease of use, ease of storage, security of storage,and it's also the only thing in the world you can send halfway around the world in less time than it takes to snap your fingers, and for free.
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November 29, 2015, 09:13:30 PM
 #26

This is what I do:

1) Don't buy from them if they don't accept bitcoin. When I have extra time, I'll let their manager know that if they accepted the easiest non-paper payment method on earth to accept... they would not only get me as a customer, but a very loyal customer. When it is companies like a coffee place, i'll tell them why I buy Starbucks coffee instead of their coffee: simply because I can buy a gift card for Starbucks with bitcoin.

2) When EVER I tip someone, it's in bitcoin. Don't have a bitcoin wallet on your smart phone, eh? Then sorry... no tip for you. Actually, I've tipped easily over 100 individuals. I've only had 2 people refuse a tip--1 person who's phone died and they wouldn't accept a paper wallet, and another person who rudely tried to educate me on how to write a tip amount onto a merchant receipt. If it were worth my time, I would've showed them how to download apps on their phone Smiley

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November 29, 2015, 09:16:36 PM
 #27

You should all know: businesses don't care about accepting another form of money. They're flooded with requests from all sorts of companies. HOWEVER, they just want to know that they're going to get more customers. And the more loyal these customers, the better!

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November 29, 2015, 09:19:41 PM
 #28

It is really not easy since a low percentage of people know Bitcoin, especially explain to merchands.
It is easier to explain to people who send/receive money internacionally the benefits of using Bitcoin.
Introducing friends to start at Bitcoin world even collecting some sats from faucets is also a good idea.

 

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November 30, 2015, 06:55:41 AM
 #29

It is really not easy since a low percentage of people know Bitcoin, especially explain to merchands.
It is easier to explain to people who send/receive money internacionally the benefits of using Bitcoin.
Introducing friends to start at Bitcoin world even collecting some sats from faucets is also a good idea.

Yess i agree, in this case we need some support to convince our local business to start accepting bitcoin.
The most affected support i think is government. Once they declare to support bitcoin , it will make easy task to do this.

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November 30, 2015, 07:17:26 AM
 #30

Just when you see that chart and bitcoin value if going up, you might want to announce discount sale and maybe 20% discount for buyers who will use BTC to buy your items. Once people asks about what BTC is, you show them some inforgraphic of BTC, there are infographics that already exist online.

Sooner they might just buy btcs to you Smiley

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November 30, 2015, 09:02:33 AM
 #31

tell the about all advantage of bitcoin,the them that you also easy to use bitcoin.
tell them bitcoin is a great alternative because of the ease of use, ease of storage, security of storage,and it's also the only thing in the world you can send halfway around the world in less time than it takes to snap your fingers, and for free.

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November 30, 2015, 02:17:11 PM
 #32

tell them about bitcoin is ease to use.
Bitcoin is a great alternative because of the ease of use, ease of storage, security of storage,and it's also the only thing in the world you can send halfway around the world in less time than it takes to snap your fingers, and for free.

But unfortunately bitcoin is not that easy to use, besides they will probably want to exchange the bitcoins into cash sooner or later, there are systems for online business but for physical business using bitcoins is a bit more complicated.



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December 01, 2015, 10:25:42 AM
 #33

It is really not easy since a low percentage of people know Bitcoin, especially explain to merchands.
It is easier to explain to people who send/receive money internacionally the benefits of using Bitcoin.
Introducing friends to start at Bitcoin world even collecting some sats from faucets is also a good idea.

Yess i agree, in this case we need some support to convince our local business to start accepting bitcoin.
The most affected support i think is government. Once they declare to support bitcoin , it will make easy task to do this.
Nah, I agree over these two guys, your point is so great. yeah, government will takes great impact if they "say" will adopting bitcoin, then we'll see bitcoin will be well known for a huge people..
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December 06, 2015, 11:59:55 AM
 #34

I asked a friend t accept bitcoin. He told me it is too risky. The price is too volatile, he does not know the price for the next day.
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December 06, 2015, 10:17:49 PM
 #35

its very hard to explain bitcoin to a non-computer guy, no matte the age ...
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December 06, 2015, 11:50:50 PM
 #36

Even with the volatility risk, I think that business who accept Bitcoin could have a significant advantage from their competitors as more and more people become aware of Bitcoin everyday.
IMO, business who accept Bitcoins can attract a new type of customers and makes them loyal.
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December 07, 2015, 04:34:19 AM
 #37

This is what I do:

1) Don't buy from them if they don't accept bitcoin. When I have extra time, I'll let their manager know that if they accepted the easiest non-paper payment method on earth to accept... they would not only get me as a customer, but a very loyal customer. When it is companies like a coffee place, i'll tell them why I buy Starbucks coffee instead of their coffee: simply because I can buy a gift card for Starbucks with bitcoin.

2) When EVER I tip someone, it's in bitcoin. Don't have a bitcoin wallet on your smart phone, eh? Then sorry... no tip for you. Actually, I've tipped easily over 100 individuals. I've only had 2 people refuse a tip--1 person who's phone died and they wouldn't accept a paper wallet, and another person who rudely tried to educate me on how to write a tip amount onto a merchant receipt. If it were worth my time, I would've showed them how to download apps on their phone Smiley

I mean that's great and all to try and promote Bitcoin that way, I mean I'm still working through an internship program at the moment and work in the food/service industry still and would love to get a tip and talk about Bitcoin with someone like yourself, but fuck... Just because they don't feel like learning something when they are probably extremely busy and just want the convenience in receiving a normal tip is to be expected, shouldn't be considered "rude". They work hard, and litterally served you.. Why should you deny them tip when they are probably working for way under minimum wage?

If I were you I would still offer the Bitcoin tips and promote them to getting a wallet, but if they don't want it, just say ok and move on to giving them that dirty fiat. You're essentially trying to tell them that fiat is no good and they should accept your digital gold, and it would make more of a statement if you tipped them more in fiat than you would have in Bitcoin.

I would also suggest making a little business card or flyer to leave business or people who serve you, so when they do have a chance to sit down and relax after a hard days work, they might get really interested in what you had to say after all, and start reading what you left them. You don't have to completely stiff them a tip, now that's "rude".

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December 08, 2015, 07:32:19 AM
 #38

I always use this method, when I approach them. I ask them if they accept Bitcoin. If the reply is NO, I ask Why not?

~ If they say, What is Bitcoin - I would explain it shortly and direct them to online Bitcoin processors.
~ If they say, What is the advantage for them? - I would highlight the cost savings and the edge they have over
   other companies that did not accept it yet.
~ If they say, There is not enough demand for it - I send friends to their business to ask this same question.

It works 9 out of 10 times for me. Try that, it just works. ^hmf^

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December 09, 2015, 04:34:30 AM
 #39

Maybe sellers who fund retailers could give a discount for people who pay in bitcoin. This will encourage retailers to use bitcoin, and in turn, maybe ask their customers for bitcoin for their good.


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December 15, 2015, 11:17:18 AM
 #40

I think the easiest way is still a payment processor.
- registration is free
- they receive the full amount without paying any fees
- there is no risk of holding any bitcoins
- receiving fiat currencies is easier to handle for them in terms of accounting, taxes etc.
basically its just like paypal minus the fees.
They dont even have to know anything about bitcoins.

Once they accept bitcoin and do actually have a significant number of bitcoin customers they can allways switch to accepting bitcoins directly and selling them on their own.


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