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Author Topic: How can we encourage local businesses to accept BTC?  (Read 184287 times)
Jambolb2
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November 02, 2016, 07:57:01 PM
 #601

However internet advertising of bitcoin can help local business if and only if they are themselves willing to accept it - which I am afraid from my own personal experience, not.
You cannot say that local businesses will not prefer adopt bitcoins. There are reasons why they are now willing and not willing to do so for now maybe one simple reason must be they know little or nothing about bitcoin. But, as time goes on, it will get to a time that most of those businesses will be begging you to pay them through bitcoin. I am sure those magic times will come in real soon.

The time when almost everyone would be using bitcoins will come for sure... but i don't think anyone would beg someone to pay them with bitcoins as in that time there will be a lot of customers for them willing to pay them with bitcoins so they wont need to do anything like that i guess...
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November 02, 2016, 08:21:13 PM
 #602

However internet advertising of bitcoin can help local business if and only if they are themselves willing to accept it - which I am afraid from my own personal experience, not.
You cannot say that local businesses will not prefer adopt bitcoins. There are reasons why they are now willing and not willing to do so for now maybe one simple reason must be they know little or nothing about bitcoin. But, as time goes on, it will get to a time that most of those businesses will be begging you to pay them through bitcoin. I am sure those magic times will come in real soon.

The time when almost everyone would be using bitcoins will come for sure... but i don't think anyone would beg someone to pay them with bitcoins as in that time there will be a lot of customers for them willing to pay them with bitcoins so they wont need to do anything like that i guess...
Do not you ever see some banks are proving special discounts for using on particular shop ?
Why not we may consider them like begging to use their cards? similarly we may get times shops will provide huge offers for bitcoin payments to enforce people to pay in bitcoins.



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November 02, 2016, 10:24:45 PM
 #603

However internet advertising of bitcoin can help local business if and only if they are themselves willing to accept it - which I am afraid from my own personal experience, not.
You cannot say that local businesses will not prefer adopt bitcoins. There are reasons why they are now willing and not willing to do so for now maybe one simple reason must be they know little or nothing about bitcoin. But, as time goes on, it will get to a time that most of those businesses will be begging you to pay them through bitcoin. I am sure those magic times will come in real soon.
The only reasons I can think of is that merchants either haven't heard of Bitcoin yet, or they are afraid to incorporate Bitcoin payments into their site due to the volatility. In case of the latter option, they are wrong.

Volatility isn't something merchants have to deal with as 95% of the merchants are using a payment processor to have all their Bitcoin sales converted to fiat directly. They don't risk anything.

I think that's something a lot merchants don't seem to realize. They probably think that when they sell something for $100 in BTC, and the price goes down, that they lose money.

If that's really the case, then more needs to be done to inform merchants about the benefits of having a payment processor such as BitPay to work for them.

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November 03, 2016, 01:16:08 AM
 #604

However internet advertising of bitcoin can help local business if and only if they are themselves willing to accept it - which I am afraid from my own personal experience, not.
You cannot say that local businesses will not prefer adopt bitcoins. There are reasons why they are now willing and not willing to do so for now maybe one simple reason must be they know little or nothing about bitcoin. But, as time goes on, it will get to a time that most of those businesses will be begging you to pay them through bitcoin. I am sure those magic times will come in real soon.

The time when almost everyone would be using bitcoins will come for sure... but i don't think anyone would beg someone to pay them with bitcoins as in that time there will be a lot of customers for them willing to pay them with bitcoins so they wont need to do anything like that i guess...
Do not you ever see some banks are proving special discounts for using on particular shop ?
Why not we may consider them like begging to use their cards? similarly we may get times shops will provide huge offers for bitcoin payments to enforce people to pay in bitcoins.
It is still hard if people especially the business owner did not believe in bitcoin they still have a lot of doubt.
And it was the biggest problem that bitcoin have to solved.
As tine goes by indeed people will say welcome to bitcoin , but looks like it is required time longer than expected.
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November 03, 2016, 01:29:04 AM
 #605

the business owner did not believe in bitcoin they still have a lot of doubt.

Who sell the frozen dog meat for Bitcoin in China?



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November 03, 2016, 01:42:10 AM
 #606

However internet advertising of bitcoin can help local business if and only if they are themselves willing to accept it - which I am afraid from my own personal experience, not.
You cannot say that local businesses will not prefer adopt bitcoins. There are reasons why they are now willing and not willing to do so for now maybe one simple reason must be they know little or nothing about bitcoin. But, as time goes on, it will get to a time that most of those businesses will be begging you to pay them through bitcoin. I am sure those magic times will come in real soon.

The time when almost everyone would be using bitcoins will come for sure... but i don't think anyone would beg someone to pay them with bitcoins as in that time there will be a lot of customers for them willing to pay them with bitcoins so they wont need to do anything like that i guess...
Do not you ever see some banks are proving special discounts for using on particular shop ?
Why not we may consider them like begging to use their cards? similarly we may get times shops will provide huge offers for bitcoin payments to enforce people to pay in bitcoins.
It is still hard if people especially the business owner did not believe in bitcoin they still have a lot of doubt.
And it was the biggest problem that bitcoin have to solved.
As tine goes by indeed people will say welcome to bitcoin , but looks like it is required time longer than expected.

This is really a very hard thing that we are going to encourage them to use bitcoin. But I think by just simply showing them the value of bitcoins today for sure they are going to get excited to it and will going to be a good start for them that will make a new unique trend in your community if they are going to accept bitcoin.



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November 03, 2016, 01:48:52 AM
 #607

But I think by just simply showing them the value of bitcoins today for sure they are going to get excited to it

WOW

Try to show it to some business owner in the first person.
You will fail.

Business owners need customers, no "the value of bitcoins today".



No usual people is paid in bitcoin to spend them.

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November 03, 2016, 02:21:24 AM
 #608

However internet advertising of bitcoin can help local business if and only if they are themselves willing to accept it - which I am afraid from my own personal experience, not.
You cannot say that local businesses will not prefer adopt bitcoins. There are reasons why they are now willing and not willing to do so for now maybe one simple reason must be they know little or nothing about bitcoin. But, as time goes on, it will get to a time that most of those businesses will be begging you to pay them through bitcoin. I am sure those magic times will come in real soon.

The time when almost everyone would be using bitcoins will come for sure... but i don't think anyone would beg someone to pay them with bitcoins as in that time there will be a lot of customers for them willing to pay them with bitcoins so they wont need to do anything like that i guess...
Do not you ever see some banks are proving special discounts for using on particular shop ?
Why not we may consider them like begging to use their cards? similarly we may get times shops will provide huge offers for bitcoin payments to enforce people to pay in bitcoins.
It is still hard if people especially the business owner did not believe in bitcoin they still have a lot of doubt.
And it was the biggest problem that bitcoin have to solved.
As tine goes by indeed people will say welcome to bitcoin , but looks like it is required time longer than expected.

Its indeed very hard to let people believe in the bitcoin and if they are already not doing it and not like it they will without any doubts not step into it.
The bitcoin is a great currency but it needs more positive publicity.
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November 03, 2016, 05:47:22 PM
 #609

Its indeed very hard to let people believe in the bitcoin

Open yourself a shop, and show, how it work, positively.

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November 03, 2016, 07:38:13 PM
 #610

Its indeed very hard to let people believe in the bitcoin

Open yourself a shop, and show, how it work, positively.

It is actually not so easy to make a shop and accept bitcoins for it as a payment... because maybe people around you are still not aware of it and making them know about it would take some time... first someone should try to do some survey in the town to know the interests of different kind of people and if you really find it in their interests then go for it...
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November 03, 2016, 08:23:06 PM
 #611

accept bitcoins for it as a payment...

If You offer a good product, you will have customers for sure.
For example, in my signature Bitcoin Cam Site are Adult Shows for free. (NSFW)
It work as BTC business model.

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November 03, 2016, 11:29:49 PM
 #612

However internet advertising of bitcoin can help local business if and only if they are themselves willing to accept it - which I am afraid from my own personal experience, not.
You cannot say that local businesses will not prefer adopt bitcoins. There are reasons why they are now willing and not willing to do so for now maybe one simple reason must be they know little or nothing about bitcoin. But, as time goes on, it will get to a time that most of those businesses will be begging you to pay them through bitcoin. I am sure those magic times will come in real soon.
The only reasons I can think of is that merchants either haven't heard of Bitcoin yet, or they are afraid to incorporate Bitcoin payments into their site due to the volatility. In case of the latter option, they are wrong.

Volatility isn't something merchants have to deal with as 95% of the merchants are using a payment processor to have all their Bitcoin sales converted to fiat directly. They don't risk anything.

I think that's something a lot merchants don't seem to realize. They probably think that when they sell something for $100 in BTC, and the price goes down, that they lose money.

If that's really the case, then more needs to be done to inform merchants about the benefits of having a payment processor such as BitPay to work for them.
Personally I think one of the bigger problems with bitcoin is that although is very easy to use, it can be difficult to grasp for the average person; the concept of an electronic currency with no government to back it up seems odd for the average person.
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November 04, 2016, 02:13:14 AM
 #613

However internet advertising of bitcoin can help local business if and only if they are themselves willing to accept it - which I am afraid from my own personal experience, not.
You cannot say that local businesses will not prefer adopt bitcoins. There are reasons why they are now willing and not willing to do so for now maybe one simple reason must be they know little or nothing about bitcoin. But, as time goes on, it will get to a time that most of those businesses will be begging you to pay them through bitcoin. I am sure those magic times will come in real soon.
The only reasons I can think of is that merchants either haven't heard of Bitcoin yet, or they are afraid to incorporate Bitcoin payments into their site due to the volatility. In case of the latter option, they are wrong.

Volatility isn't something merchants have to deal with as 95% of the merchants are using a payment processor to have all their Bitcoin sales converted to fiat directly. They don't risk anything.

I think that's something a lot merchants don't seem to realize. They probably think that when they sell something for $100 in BTC, and the price goes down, that they lose money.

If that's really the case, then more needs to be done to inform merchants about the benefits of having a payment processor such as BitPay to work for them.
Personally I think one of the bigger problems with bitcoin is that although is very easy to use, it can be difficult to grasp for the average person; the concept of an electronic currency with no government to back it up seems odd for the average person.

I agree this is one of the concern of the merchants.  Basically legit merchants wants to use things that are approved by the government so they don't have to worry about tax evasion and other issue that arise with non-compliance issue.  They also wanted their business to be covered with insurance so when something unexpecte happen they have someone to back them.  With bitcoin, there is no such thing as insurance company that will back you in case you got problem with bitcoin.
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November 04, 2016, 02:17:34 AM
 #614

With bitcoin, there is no such thing as insurance company that will back you in case you got problem with bitcoin.

Just check how it work in my signature website. (NSFW)
No such problems.

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November 04, 2016, 09:53:20 AM
 #615

With bitcoin, there is no such thing as insurance company that will back you in case you got problem with bitcoin.

Just check how it work in my signature website. (NSFW)
No such problems.

How come an NSFW sites offer a insurance company? Or you just miss quoted this message? And maybe you need to make your own thread and don't stumble your site in the comment section people don't ask about that and its Out of topic since the question is not similar to your posted messages, and if you really running one of those how can you make sure that you would not run their money?

MoozicoreWORLDS FIRST MUSIC STREAMING SERVICE ON BLOCKCHAIN
 
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November 04, 2016, 10:04:57 AM
Last edit: November 04, 2016, 10:30:24 AM by kanazawa
 #616

It's quite hard to convince people who doesn't have at least a reasonable knowledge about this "new" payment system... I sell musical instruments and electronics cheaper (10%) if the client negotiate with Bitcoin. I also sell shirts and lotta music related stuffs. I put in local newspaper that I accept Bitcoin, but I just sold ~10 itens directly.


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ekoice
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November 04, 2016, 02:28:33 PM
 #617

You should explain them the benefits of accepting Bitcoins as payment. Your transactions cannot be traced by government and so your income will be tax free.Payments once you got through bitcoin  cannot be replaced to customers.You should explain these benefits. Rather you could show them video documentaries about bitcoin to make them understand easily.
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November 04, 2016, 05:36:19 PM
 #618

How come an NSFW sites offer a insurance company?

Easy. Just test it. No problems with bitcoin accepting.

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November 04, 2016, 05:37:44 PM
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You should explain them the benefits of accepting Bitcoins as payment. Your transactions cannot be traced by government and so your income will be tax free.

LOL
The product delivery is traced by post or locally by agents.

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November 04, 2016, 05:40:46 PM
 #620

It's quite hard to convince people who doesn't have at least a reasonable knowledge about this "new" payment system... I sell musical instruments and electronics cheaper (10%) if the client negotiate with Bitcoin. I also sell shirts and lotta music related stuffs. I put in local newspaper that I accept Bitcoin, but I just sold ~10 itens directly.

The most basic thing is the mentality of people living around you, if they have any interest in something like bitcoin then you will probably get some customers but if the environment around you is quite of old mentality who does not like any change then it would become hard for you to run a business accepting bitcoins as a payment for it.
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