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Author Topic: How can we encourage local businesses to accept BTC?  (Read 183798 times)
newcoins1978
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September 30, 2016, 08:24:27 AM
 #441

We can encourage local businesses more to use bitcoin by telling them information about bitcoin but I also think we need more advertisement for bitcoin.
The owner or creator of bitcoin should be advertising it more so more shops get to know the key information
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September 30, 2016, 10:26:22 AM
 #442

if you want find a bitcoin accepting shops in your local then tell your story of successful buisiness and earning in bitcoin . in this way local businesses and shop holder will take interest in your matter .

Do you think owners will just hear to that kind of statement without demands from most of it's customers?

If those owners really getting high and good profits out of their usual way then they will just hear the idea of accepting bitcoin but will not take serious of it.

Yeah i don't think that owner will just jump in for some inspirational word without analyzing the consequences of things.  they need to have proof and solid feasibility study on how they can earn a profit from this kind of venture.  Only inexperience investors will just jump without having this knowledge of pros and cons of the thing they need to invest in or put up.

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September 30, 2016, 12:35:56 PM
 #443

We can encourage local businesses more to use bitcoin by telling them information about bitcoin but I also think we need more advertisement for bitcoin.
The owner or creator of bitcoin should be advertising it more so more shops get to know the key information
Are you joking ? I guess you are treating bitcoin similar to other altcoins ?
But, it must be one of important responsibility for every bitcoiners here. We must spread out the awareness of bitcoin ecosystem by educating the advantages of adopting bitcoin payments to merchants and also to every human we know personally.
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September 30, 2016, 02:52:36 PM
 #444

We can encourage local businesses to accept btc by giving local businesses more information about bitcoin so they know the benefits.
Also prices HAVE to stay stable before locals will even consider accepting it else it will not be worth it for them.
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September 30, 2016, 02:59:01 PM
 #445

We can encourage local businesses to accept btc by giving local businesses more information about bitcoin so they know the benefits.
Also prices HAVE to stay stable before locals will even consider accepting it else it will not be worth it for them.
Not the best way to go about. Tbh there isn't any big advantage of accepting bitcoins, except for just offering the customers an extra choice or method to pay with.

As for your second point, prices don't have to be stable. They can sign up for something like bitpay which allows the money to be transferred to their bank accounts directly, while allowing customers to pay with bitcoin.

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October 01, 2016, 04:01:54 PM
 #446

We can encourage local businesses to accept btc by giving local businesses more information about bitcoin so they know the benefits.
Also prices HAVE to stay stable before locals will even consider accepting it else it will not be worth it for them.

Stable price would be a curse for bitcoin users as if the price of bitcoins starts being stable no one would be able to earn profits by holding their coins while almost every bitcoin users has holding right now, so if the price starts being stable there would be less investments in bitcoin.

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October 01, 2016, 04:10:06 PM
 #447

We can encourage local businesses to accept btc by giving local businesses more information about bitcoin so they know the benefits.
Also prices HAVE to stay stable before locals will even consider accepting it else it will not be worth it for them.

Stable price would be a curse for bitcoin users as if the price of bitcoins starts being stable no one would be able to earn profits by holding their coins while almost every bitcoin users has holding right now, so if the price starts being stable there would be less investments in bitcoin.

For me it seems that business are like consumers and they want something. If bitcoin becomes more popular they will more likely start informing themself about itcoin.
That could be the start of a new era.
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October 01, 2016, 04:12:57 PM
 #448

We can encourage local businesses to accept btc by giving local businesses more information about bitcoin so they know the benefits.
Also prices HAVE to stay stable before locals will even consider accepting it else it will not be worth it for them.

Stable price would be a curse for bitcoin users as if the price of bitcoins starts being stable no one would be able to earn profits by holding their coins while almost every bitcoin users has holding right now, so if the price starts being stable there would be less investments in bitcoin.
Yes you are right, if It be looked from viewpoint as traders but bitcoin's high fluctuation will become scary, for users who use bitcoins for transaction daily on real life are like local stores. They never use bitcoins for payment method on their local business.
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October 01, 2016, 05:08:30 PM
 #449

Right now I don’t think there’s is much that we can do in order to encourage adoption, adoption should be organic that way the growth will be a real growth on the user base of bitcoin and not some kind of fad.



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October 01, 2016, 10:10:31 PM
 #450

Encouraging local businesses is not a thing for users of bitcoin to do, it will feel more like pressure cause you just want to use it.
They have to be informed via commercials for example and then they will find out about bitcoin and it's benefits.
That does not make much sense, who is going to pay for those commercial that you speak of? The investors, users of bitcoin, the developers, the exchanges?

The commercials are supposed to be paid by the businesses accepting bitcoin because if they start doing business with bitcoin they would probably need bitcoin customers and for getting bitcoin customers they would probably need to promote their business combined with bitcoin.
But unless the business is bitcoin related then bitcoin will not get a lot of exposure as it will be mentioned in passing with the other payment methods accepted in the business.

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October 02, 2016, 07:42:13 AM
 #451

Encouraging local businesses is not a thing for users of bitcoin to do, it will feel more like pressure cause you just want to use it.
They have to be informed via commercials for example and then they will find out about bitcoin and it's benefits.
That does not make much sense, who is going to pay for those commercial that you speak of? The investors, users of bitcoin, the developers, the exchanges?

The commercials are supposed to be paid by the businesses accepting bitcoin because if they start doing business with bitcoin they would probably need bitcoin customers and for getting bitcoin customers they would probably need to promote their business combined with bitcoin.
But unless the business is bitcoin related then bitcoin will not get a lot of exposure as it will be mentioned in passing with the other payment methods accepted in the business.

Thats actually right, if the business is not bitcoin related then it might get customers but bitcoin wont get much out of that because that would only be a success for that particular business but nothing good for bitcoin, in terms of bitcoin to get something out of it the business must be related to bitcoin somehow, just payments in bitcoin wont make a big difference.
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October 02, 2016, 11:19:36 AM
 #452

Encouraging local businesses is not a thing for users of bitcoin to do, it will feel more like pressure cause you just want to use it.
They have to be informed via commercials for example and then they will find out about bitcoin and it's benefits.
That does not make much sense, who is going to pay for those commercial that you speak of? The investors, users of bitcoin, the developers, the exchanges?

The commercials are supposed to be paid by the businesses accepting bitcoin because if they start doing business with bitcoin they would probably need bitcoin customers and for getting bitcoin customers they would probably need to promote their business combined with bitcoin.
But unless the business is bitcoin related then bitcoin will not get a lot of exposure as it will be mentioned in passing with the other payment methods accepted in the business.

Thats actually right, if the business is not bitcoin related then it might get customers but bitcoin wont get much out of that because that would only be a success for that particular business but nothing good for bitcoin, in terms of bitcoin to get something out of it the business must be related to bitcoin somehow, just payments in bitcoin wont make a big difference.

Yes its because they would surely select their markets and if there are only few of their neighbors or possible prospect are using this coin i don't think they would accept bitcoins for that scenario, so we can't convinced them literaly if their people are not bitcoin users, so for now i think bitcoins need to grow for mor first and make a great noise so it will reach to those people who doesn't know about it, and maybe if that happen we can really see the fast growing of business acceptance with bitcoins.

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October 02, 2016, 07:52:36 PM
 #453

I 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.
if you want find a bitcoin accepting shops in your local then tell your story of successful buisiness and earning in bitcoin . in this way local businesses and shop holder will take interest in your matter .

It can happen if the owners of local shops and markets are educated at least to know about to run computer and will have knowledge of English language. In my area most of shop keepers are uneducated and do not speak English language. so in my place only super markets can start bitcoin.

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ajun96
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October 03, 2016, 06:28:19 AM
 #454

Encouraging local businesses is not a thing for users of bitcoin to do, it will feel more like pressure cause you just want to use it.
They have to be informed via commercials for example and then they will find out about bitcoin and it's benefits.
Right, as they as want for know bitcoin just causing by their intention and not from the another people's advice and that's will not giving them pressure and i agree with it, and especially they will wanna for learning bitcoin caused by their intention.
I thought you did not need to push them. yeah I'm sure that one day many stores or local binsis will flock accept bitcoin. because they see the enthusiasm of many people using bitcoin, I'm sure sooner or later bitcoin will make them be interested. You do not need to force them to join


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maydna
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October 03, 2016, 12:47:29 PM
 #455

Encouraging local businesses is not a thing for users of bitcoin to do, it will feel more like pressure cause you just want to use it.
They have to be informed via commercials for example and then they will find out about bitcoin and it's benefits.
Right, as they as want for know bitcoin just causing by their intention and not from the another people's advice and that's will not giving them pressure and i agree with it, and especially they will wanna for learning bitcoin caused by their intention.
I thought you did not need to push them. yeah I'm sure that one day many stores or local binsis will flock accept bitcoin. because they see the enthusiasm of many people using bitcoin, I'm sure sooner or later bitcoin will make them be interested. You do not need to force them to join

its true because for now, i think many store will be attract to receive bitcoin as their payment and bitcoin is really makes customer payment with easy and less fee of transaction. we can see that there is a third party that integrated with store online and used bitcoin as payment.

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serjent05
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October 03, 2016, 03:40:44 PM
 #456

I 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.
if you want find a bitcoin accepting shops in your local then tell your story of successful buisiness and earning in bitcoin . in this way local businesses and shop holder will take interest in your matter .

I think it is not  that easy.  There  are lots of things to consider.  Besides if  a shop is to implement  bitcoin,the owner of the shop  have to make sure that there is an internet access in his place, and had his net open to the customers, if  he needs to encrypt it and give password to the  user who wants to pay with bitcoin, it will sure delay the transaction.  Then they  need to scan send and wait for the confirmation.  we all know confirmation takes sometime and it is not practical for a store to make customer wait for 10 to 30  min to finish the transaction.

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October 03, 2016, 04:21:08 PM
 #457

I 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.
if you want find a bitcoin accepting shops in your local then tell your story of successful buisiness and earning in bitcoin . in this way local businesses and shop holder will take interest in your matter .

Your success story or bitcoin earnings can only impress an individual to come towards bitcoin but the case is not the same with a business because in a business bitcoin wont be used as it is used by an individual, they cannot hold the coins nor they can be trading them on exchanges but they will just have to keep running their business with it which would need further considerations.

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October 03, 2016, 09:21:21 PM
 #458

Encouraging local businesses is not a thing for users of bitcoin to do, it will feel more like pressure cause you just want to use it.
They have to be informed via commercials for example and then they will find out about bitcoin and it's benefits.
That does not make much sense, who is going to pay for those commercial that you speak of? The investors, users of bitcoin, the developers, the exchanges?

The commercials are supposed to be paid by the businesses accepting bitcoin because if they start doing business with bitcoin they would probably need bitcoin customers and for getting bitcoin customers they would probably need to promote their business combined with bitcoin.
But unless the business is bitcoin related then bitcoin will not get a lot of exposure as it will be mentioned in passing with the other payment methods accepted in the business.

Thats actually right, if the business is not bitcoin related then it might get customers but bitcoin wont get much out of that because that would only be a success for that particular business but nothing good for bitcoin, in terms of bitcoin to get something out of it the business must be related to bitcoin somehow, just payments in bitcoin wont make a big difference.
There are only 2 types of business that have the muscle to do this exchanges and bitcoin casinos, but for them there is not a lot of reasons to do so, after all why spend  so much money in untargeted ads when they can obtain better results with targeted ads?

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October 03, 2016, 09:39:16 PM
 #459

I think in my own opinion, we are not in the position of encouraging them to accept bitcoin, it is the function of government to do that because I know that no business man will want to go against any government law and as LOCAL as they are, they tend to avoid taking any risk of flouting a non-existent law. What I think we can do is to show them the benefits of BITCOIN and why it is in their best interest to accept and they are responsible for whatever follows.

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October 03, 2016, 11:43:17 PM
 #460

Encouraging local businesses is not a thing for users of bitcoin to do, it will feel more like pressure cause you just want to use it.
They have to be informed via commercials for example and then they will find out about bitcoin and it's benefits.
Right, as they as want for know bitcoin just causing by their intention and not from the another people's advice and that's will not giving them pressure and i agree with it, and especially they will wanna for learning bitcoin caused by their intention.
yeah true what you say. You do not need to be engaged in encouraging and forcing them to use bitcoin. I'm sure one day they will be keen to accept bitcoin. This is just about the time bitcoin is growing each time. we just have to wait many local businesses will accept bitcoin later. I am sure of it

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