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Author Topic: How can we encourage local businesses to accept BTC?  (Read 184188 times)
rifiuti
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October 16, 2016, 10:37:56 PM
 #541

To encourage small businesses to accept BTC, first there should be enough demand for paying with BTC. During the crisis in Greece, we could push the Bitcoin to the country, place the BTC ATM's, "Square"(the company) style BTC swipers and encourage people to buy Bitcoin from a greek BTC exchange website.
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October 17, 2016, 03:59:08 PM
 #542

To encourage small businesses to accept BTC, first there should be enough demand for paying with BTC. During the crisis in Greece, we could push the Bitcoin to the country, place the BTC ATM's, "Square"(the company) style BTC swipers and encourage people to buy Bitcoin from a greek BTC exchange website.
Times of crisis are also times of opportunity while I have no knowledge about the Greece situation I do know that in Argentina during the crisis bitcoin adoption grew because of the tight control of the government.

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October 17, 2016, 04:03:47 PM
 #543

Encouraging small businesses and local is very difficult in many countries because of price and some other factors specially in developing countries because peoples have many problems related to networks and electricity its need time and some special effort which is doing by some hope this could be good in near future for bitcoins and all of us
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October 17, 2016, 04:58:36 PM
 #544

To encourage small businesses to accept BTC, first there should be enough demand for paying with BTC. During the crisis in Greece, we could push the Bitcoin to the country, place the BTC ATM's, "Square"(the company) style BTC swipers and encourage people to buy Bitcoin from a greek BTC exchange website.

The point about demand is absolutely correct and i have no knowledge that crisis thing in Greece or anywhere, but i surely know that a local business before starting to accept bitcoin as a payment system should make sure if bitcoin is in demand in that location so that if he adopts it he do not face failure.
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October 18, 2016, 08:03:44 AM
 #545

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.
I think that Bitcoin is already making good moves with making a deal with Steam now they have to get amazon as well. If they manage to get amazon then they will get more popular.
Bitcoin needs to get popular among the people so that the local businesses will get interested.
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October 18, 2016, 04:45:47 PM
 #546

To encourage small businesses to accept BTC, first there should be enough demand for paying with BTC. During the crisis in Greece, we could push the Bitcoin to the country, place the BTC ATM's, "Square"(the company) style BTC swipers and encourage people to buy Bitcoin from a greek BTC exchange website.

The point about demand is absolutely correct and i have no knowledge that crisis thing in Greece or anywhere, but i surely know that a local business before starting to accept bitcoin as a payment system should make sure if bitcoin is in demand in that location so that if he adopts it he do not face failure.
Accepting bitcoins does not cost anything so I have my doubts that any business is going to lose anything by accepting bitcoin, if in the other hand the business only accepted bitcoin then that would be different, but no one here is recommending that.

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October 18, 2016, 05:11:22 PM
 #547

Hmm that might be a very difficult thing to do as a bitcoin user no? To just encourage a business to accept bitcoin you need a lot of convincing power and proof that it's profitable for them.
I wouldn't know how we could reach this together but I do hope it happens.

You really need to encourage them indeed but I think with sone good words its already possible and they just have to look it up and they will see why its than a pretty good currency to use and also to hold..
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October 18, 2016, 08:35:11 PM
 #548

Yes we can do this but its not very easy to do this, its all about what business see in it and its also what they are doing.
Some businesses are selling other things that makes it not even interesting.
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October 18, 2016, 09:44:48 PM
 #549

There is no many ways how to encourage business to accept bitcoins. They are afraid of unstable price of bitcoin, it's hard to declare and pay taxes for it and finally, they still need to exchange received btc their local currency. And most imprtant thing - there is still not enough people who will pay in bitcoin. And it's like closed circle - many people don't use bitcoin, because it's hard to find places where bitcoin accepted.

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October 19, 2016, 01:36:27 AM
 #550

Yes we can do this but its not very easy to do this, its all about what business see in it and its also what they are doing.
Some businesses are selling other things that makes it not even interesting.


Well this is really hard just like you are going to proposed a project to the big investors but in this case you are going to make bitcoin as your mainstream. And the question is how you are going to make the businessmen in your place to say yes for bitcoin is not yet popular in your place. Just make some good presentation for it.



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October 19, 2016, 01:51:42 AM
 #551

Hmm that might be a very difficult thing to do as a bitcoin user no? To just encourage a business to accept bitcoin you need a lot of convincing power and proof that it's profitable for them.
I wouldn't know how we could reach this together but I do hope it happens.

You really need to encourage them indeed but I think with sone good words its already possible and they just have to look it up and they will see why its than a pretty good currency to use and also to hold.
You need for researching about some fact in the environment of the store before giving a suggest to the store for accepting bitcoin and I just say this for preventing if there is not enough bitcoiners in the environment and why the store are really need for accepting bitcoin?

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October 19, 2016, 03:07:00 PM
 #552

Yes we can do this but its not very easy to do this, its all about what business see in it and its also what they are doing.
Some businesses are selling other things that makes it not even interesting.


Well this is really hard just like you are going to proposed a project to the big investors but in this case you are going to make bitcoin as your mainstream. And the question is how you are going to make the businessmen in your place to say yes for bitcoin is not yet popular in your place. Just make some good presentation for it.
Shops are in business for a single reason profit, if they don’t see a clear way to profit from bitcoin they are not going to adopt it, it’s that simple and if they cannot profit from it then the decision to not adopt it is savvy business decision.

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October 20, 2016, 08:05:33 AM
 #553

Hmm that might be a very difficult thing to do as a bitcoin user no? To just encourage a business to accept bitcoin you need a lot of convincing power and proof that it's profitable for them.
I wouldn't know how we could reach this together but I do hope it happens.

You really need to encourage them indeed but I think with sone good words its already possible and they just have to look it up and they will see why its than a pretty good currency to use and also to hold.
You need for researching about some fact in the environment of the store before giving a suggest to the store for accepting bitcoin and I just say this for preventing if there is not enough bitcoiners in the environment and why the store are really need for accepting bitcoin?

Exactly, if a place has not bitcoin users at all or if has then they are really few in number so how come you can encourage a local business to accept bitcoin as a way of payment? They would only do it if they see some great potentials in it but if they see nothing about it around the they would probably say no to it.


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October 20, 2016, 11:48:07 AM
 #554

Right now only way of encouraging bitcoin in business is in the hands of big offline shops. Let that be a grocery, stationary, food court or anything. Always small shops follow business methods of big shops. So this will encourage the small scale business to use bitcoin in their services as an additional option.
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October 20, 2016, 03:00:12 PM
 #555

Right now only way of encouraging bitcoin in business is in the hands of big offline shops. Let that be a grocery, stationary, food court or anything. Always small shops follow business methods of big shops. So this will encourage the small scale business to use bitcoin in their services as an additional option.
Businesses’ follows the money, bitcoin has not reached a point in which adoption is a necessity for a business to survive, the same happen to credit cards when they were first introduced it took some time for them to be accepted and now a business that does not accept credit cards is destined to failure.

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October 20, 2016, 03:40:30 PM
 #556

Right now only way of encouraging bitcoin in business is in the hands of big offline shops. Let that be a grocery, stationary, food court or anything. Always small shops follow business methods of big shops. So this will encourage the small scale business to use bitcoin in their services as an additional option.
Businesses’ follows the money, bitcoin has not reached a point in which adoption is a necessity for a business to survive, the same happen to credit cards when they were first introduced it took some time for them to be accepted and now a business that does not accept credit cards is destined to failure.

For now it definitely has not reached the tipping point, but its adoption spreading greatly anyway. We will definitely see traditional businesses turning to bitcoin sooner or later and for obvious reasons those selling digital goods will lead the way.
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October 20, 2016, 03:44:16 PM
 #557

In my country lots of people don't use bitcoins because they don't know how to operate. Bitcoins is new system and it will take some time to understand it to most of people.
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October 20, 2016, 07:55:24 PM
 #558

In my country lots of people don't use bitcoins because they don't know how to operate. Bitcoins is new system and it will take some time to understand it to most of people.
While bitcoin can be very easy to use, it can be really difficult to explain it to some persons; they don’t understand the concept of a digital p2p currency.
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October 20, 2016, 08:00:45 PM
 #559

In my country lots of people don't use bitcoins because they don't know how to operate. Bitcoins is new system and it will take some time to understand it to most of people.
While bitcoin can be very easy to use, it can be really difficult to explain it to some persons; they don’t understand the concept of a digital p2p currency.

This is true fro my city as well, while other states in my country have accepted it to some extent. It is like a cultish following here. However the number of users is growing slowly. Local shops are not accepting it and hence people are not learning about it. A very aggressive advertising/crowd-sale may change the scenario here.

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October 21, 2016, 01:17:31 AM
 #560

In my country lots of people don't use bitcoins because they don't know how to operate. Bitcoins is new system and it will take some time to understand it to most of people.
While bitcoin can be very easy to use, it can be really difficult to explain it to some persons; they don’t understand the concept of a digital p2p currency.
Abby are already explaining about most of the people in their country are not know how to operating the bitcoin but somehow you're repeating that again. if they are don't know how to operate and how they can understand the concept of the cryptocurrency? Huh



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