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Author Topic: How can we encourage local businesses to accept BTC?  (Read 184287 times)
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October 21, 2016, 09:40:42 AM
 #561

Well, we obviously have to tell them about the pros of it. For instance, say that using $ or some other currency, if they don't violate the law, they have to pay huge taxes, which can destroy their business making it unprofitable. BTC is tax-free and you can manage to exchange it for some $ if you like.

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October 21, 2016, 09:53:27 AM
 #562

Well, we obviously have to tell them about the pros of it. For instance, say that using $ or some other currency, if they don't violate the law, they have to pay huge taxes, which can destroy their business making it unprofitable. BTC is tax-free and you can manage to exchange it for some $ if you like.

The tax man can easily get the information about the gross sales of a merchant if all the sales are done via bitcoins, since its a public information to check all the transactions.

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October 21, 2016, 12:47:24 PM
 #563

Small local businesses are always interested to accept something that will make their business cheaper, simpler and more afortable and atractive to people. So a good will and patience is needed to explain them how can they improve their business by accepting Bitcoin.

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October 21, 2016, 01:12:32 PM
 #564

Small local businesses are always interested to accept something that will make their business cheaper, simpler and more afortable and atractive to people. So a good will and patience is needed to explain them how can they improve their business by accepting Bitcoin.

Yeah that's something indeed desired by all entrepreneurs not only small entrepreneurs. However before doing something I think we should be able to think of something that it is possible to happen in the future, for something to do in the absence of a good plan will give results that are less well. Businesses should have to do something than to have planned things concerned with the emotional. It is indeed good to use bitcoin as payment or transaction, but if you can not use the bitcoin perfectly then I think it has not been able to give a good effect




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October 21, 2016, 02:39:22 PM
 #565

Small local businesses are always interested to accept something that will make their business cheaper, simpler and more afortable and atractive to people. So a good will and patience is needed to explain them how can they improve their business by accepting Bitcoin.

But as long as in that area of concern, bitcoin is not that famous, owners will think of accepting bitcoin is just useless since no one will try that.

But if the owner is bitcoin enthusiast then it's not a problem since part of it may be considered as bitcoin promotion in that specific area.

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October 21, 2016, 03:28:08 PM
 #566

Small local businesses are always interested to accept something that will make their business cheaper, simpler and more afortable and atractive to people. So a good will and patience is needed to explain them how can they improve their business by accepting Bitcoin.
While businesses are always looking for ways to optimize themselves they will do so only if it brings profits, so a wide user base must be in place in order to allow this to happen, in my opinion this could only be possible in some modern cities.
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October 21, 2016, 05:04:38 PM
 #567

Small local businesses are always interested to accept something that will make their business cheaper, simpler and more afortable and atractive to people. So a good will and patience is needed to explain them how can they improve their business by accepting Bitcoin.
While businesses are always looking for ways to optimize themselves they will do so only if it brings profits, so a wide user base must be in place in order to allow this to happen, in my opinion this could only be possible in some modern cities.

Yes more users in a certain area, more chances of that specific stores to accept and hug bitcoin as mode of payment since the services will be now regularly used.

But like what I said above, if the owner somehow knows bitcoin and in any cases they are also a bitcoin enthusiast, they can start accepting bitcoin in their store even there is no much people using it in their place.

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October 21, 2016, 05:32:44 PM
 #568

Small local businesses are always interested to accept something that will make their business cheaper, simpler and more afortable and atractive to people. So a good will and patience is needed to explain them how can they improve their business by accepting Bitcoin.
While businesses are always looking for ways to optimize themselves they will do so only if it brings profits, so a wide user base must be in place in order to allow this to happen, in my opinion this could only be possible in some modern cities.

Yes more users in a certain area, more chances of that specific stores to accept and hug bitcoin as mode of payment since the services will be now regularly used.

But like what I said above, if the owner somehow knows bitcoin and in any cases they are also a bitcoin enthusiast, they can start accepting bitcoin in their store even there is no much people using it in their place.

I think it is better to let many online bitcoin accepters appear before the local shops to accept the bitcoin.


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Newcoins2020
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October 21, 2016, 07:27:34 PM
 #569

All company's are interested in making profit and with the bitcoin this possible, you can let anyone pay with the bitcoin that are coming from all over the world and you can control it yourself too.
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October 22, 2016, 02:44:54 AM
 #570

All company's are interested in making profit and with the bitcoin this possible, you can let anyone pay with the bitcoin that are coming from all over the world and you can control it yourself too.

I agree that all company are interested in profit.  May it be bitcoin or fiat, there is nothing else in their mind but profit.  And these businessmen are smart too; others are clever enough to make a profit even if everyone else thinks that it is a loss.  But you need more than a concept to persuade this kind of people.  You need to show all the technicalities and proof, the pros and cons.  The add-on financial investment and the impact on their business if they adopt bitcoin.
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October 22, 2016, 05:11:50 AM
 #571

All company's are interested in making profit and with the bitcoin this possible, you can let anyone pay with the bitcoin that are coming from all over the world and you can control it yourself too.

I agree that all company are interested in profit.  May it be bitcoin or fiat, there is nothing else in their mind but profit.  And these businessmen are smart too; others are clever enough to make a profit even if everyone else thinks that it is a loss.  But you need more than a concept to persuade this kind of people.  You need to show all the technicalities and proof, the pros and cons.  The add-on financial investment and the impact on their business if they adopt bitcoin.
But comparatively, a shop owner will be gaining more profit by accepting bitcoin payments and more business too. With the adoption of bitcoin payment, a business may attract more number of people than without having bitcoin payment options.

But obviously, the business owners must promote their bitcoin acceptances so that they will get more businesses and comparatively more profits by saving in transaction fees.



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Fatamorgana
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October 22, 2016, 08:52:02 AM
 #572

In my opinion as long we accept scam like ponzi, hyip and all the other shit which destroy the image of this wonderfull invetion there will be no good future for bitcoin. It still will be a currency of the criminals. There have to be a rethinking.
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October 22, 2016, 08:29:24 PM
 #573

Small local businesses are always interested to accept something that will make their business cheaper, simpler and more afortable and atractive to people. So a good will and patience is needed to explain them how can they improve their business by accepting Bitcoin.
While businesses are always looking for ways to optimize themselves they will do so only if it brings profits, so a wide user base must be in place in order to allow this to happen, in my opinion this could only be possible in some modern cities.

Yes more users in a certain area, more chances of that specific stores to accept and hug bitcoin as mode of payment since the services will be now regularly used.

But like what I said above, if the owner somehow knows bitcoin and in any cases they are also a bitcoin enthusiast, they can start accepting bitcoin in their store even there is no much people using it in their place.
I have not think of that, but you are correct if a business owner is a bitcoiners then he can accept bitcoin even if there is not a large user base since accepting bitcoin does not require any kind of special technology and it’s free for anyone.
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October 23, 2016, 07:25:46 AM
 #574

In my opinion as long we accept scam like ponzi, hyip and all the other shit which destroy the image of this wonderfull invetion there will be no good future for bitcoin. It still will be a currency of the criminals. There have to be a rethinking.

And yeah that is going to make the businessman who have good business in local places doubtful if they are going to know that there are some investment scams like hyip and ponzi scams but I think if you are going to explain them that you are not going to make business agreement with those sites or you are not being like that, then that would be fine.

All these things have given a bad name to bitcoin and this cannot be undone. What needs to be done is an aggressive advertising/crowdsale in countries where bitcoin is not accepted yet.

Most business are not ready to accept it because of flux in price and the bad name that has been brought, for them bitcoin=scam

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October 23, 2016, 10:12:42 AM
 #575

I don't think that we can help them, as there are not enough people that wants to pay in bitcoins yet so there is no point for them to let us pay in bitcoins yet
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October 23, 2016, 01:57:34 PM
 #576

It is all about proper impartation of or knowledge about bitcoin and we have to educate them very precisely on what are the benefits that they can get if theycarw going to use bitcoin as a payment

Indeed but as a business aren't you looking for a stable currency instead of a volatile one where anything could happen?
What if you make a big sale like 2k at once in a mediocre shop and then bitcoin drops by 50% and you lose half that would kill you.
That is only a problem if they keep their bitcoin, with third party services it may be possible to accept bitcoin in the store but to receive fiat directly instead of bitcoin.


If you wanted to have a business that is no volatile  , then i think you should not enter into a trading business we all know that even fiat's price is also volatile it keeps on fluctuating, only those who do not do trading can't feel the effects but this is the reality of currency world
Any businesses is risky and volatile, there is no business that can guarantee success; you admitted that even fiat is volatile which means that the rest of the economy is volatile as well.

yes course FIAT is also volatile. In the first place i've only said that you should never be on the trading business, of course most the business are risky but the % of that risk is not the same as trading you still go to a much lower % of risk type of business.

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October 23, 2016, 05:48:41 PM
 #577

I don't think that we can help them, as there are not enough people that wants to pay in bitcoins yet so there is no point for them to let us pay in bitcoins yet


Why not buddy If you are running any business like shops, trade business, hotel and etc.. you can able to initiate the bitcoin as the payment in buying or selling things in your business. This thing can help the people with the local business.
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October 27, 2016, 10:17:11 PM
 #578

In my opinion as long we accept scam like ponzi, hyip and all the other shit which destroy the image of this wonderfull invetion there will be no good future for bitcoin. It still will be a currency of the criminals. There have to be a rethinking.

And yeah that is going to make the businessman who have good business in local places doubtful if they are going to know that there are some investment scams like hyip and ponzi scams but I think if you are going to explain them that you are not going to make business agreement with those sites or you are not being like that, then that would be fine.

All these things have given a bad name to bitcoin and this cannot be undone. What needs to be done is an aggressive advertising/crowdsale in countries where bitcoin is not accepted yet.

Most business are not ready to accept it because of flux in price and the bad name that has been brought, for them bitcoin=scam
It can be undone; if it was not then there will not be any new users, personally I disagree with spending money in advertising since adoption must be organic so we can avoid bubbles and stuff like that.
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October 28, 2016, 12:02:59 AM
 #579

In my opinion as long we accept scam like ponzi, hyip and all the other shit which destroy the image of this wonderfull invetion there will be no good future for bitcoin. It still will be a currency of the criminals. There have to be a rethinking.
Holy cow but I not have seen the relationship of the ponzi and hyip, it's bad for the investing person and the image of bitcoin but for to encourage local store for accepting bitcoin and i not seem any trouble with it, and are you refer the image will affecting the potentially of local store accepting bitcoin? I can say no this is just the relationship about the profitable.

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October 28, 2016, 12:10:12 AM
 #580

In my opinion as long we accept scam like ponzi, hyip and all the other shit which destroy the image of this wonderfull invetion there will be no good future for bitcoin. It still will be a currency of the criminals. There have to be a rethinking.
Holy cow but I not have seen the relationship of the ponzi and hyip, it's bad for the investing person and the image of bitcoin but for to encourage local store for accepting bitcoin and i not seem any trouble with it, and are you refer the image will affecting the potentially of local store accepting bitcoin? I can say no this is just the relationship about the profitable.
I don't think that is related bro, because even fiat money is being used by criminals not only Bitcoins. The progress of bitcoin is slow in terms of how businesses accept it is because they still don't know it yet, even if they accept bitcoin will their ever be a customer who will pay bitcoin also their is a problem with their government's taxes on how will they tax something that only virtually exist.

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