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Author Topic: How can we encourage local businesses to accept BTC?  (Read 184287 times)
vasrasus
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December 09, 2016, 10:50:59 AM
 #701

It is basically on the owner's experience and way of thinking. If they are an experimental type of business man then explaining to them what bitcoin can really provide is such an easy task but when it comes to those who are too careful about their business the only thing that could convinced them is that let them experience first what can bitcoin provide.

Right,I think those who really uses bitcoin must the one to do business. In this case he will able to encourage people to use btc that can lessen their spends and they'll be able to save. For example id like to establish a service transmitting business using btc wallets.

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December 09, 2016, 11:29:13 AM
 #702

Business wills adopt bitcoin on their own when they see an opportunity to make lots of money, currently this is not the case for most business for the lack of people using bitcoin but this is bound to change.
Usually businesses will think about different type of payment processor just to have more number of customers. Because some people will choose a particular services based on their available payment options. So along with profit making, business owners are mostly looking for customer base.

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December 19, 2016, 01:49:31 PM
 #703

Business wills adopt bitcoin on their own when they see an opportunity to make lots of money, currently this is not the case for most business for the lack of people using bitcoin but this is bound to change.

The transaction is too slow currently. So it is not good for the adoption of the bitcoin, at least from the time being.
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December 19, 2016, 03:26:54 PM
 #704

Business wills adopt bitcoin on their own when they see an opportunity to make lots of money, currently this is not the case for most business for the lack of people using bitcoin but this is bound to change.

The transaction is too slow currently. So it is not good for the adoption of the bitcoin, at least from the time being.

Its not the case if proper mining fees are paid. However I do accept the fact that the transaction time differences do give other modes of payment an edge over bitcoin payments.

Adopting bitcoin in the point-of-sale (pos) may not happen anytime soon in many countries but it will happen maybe in the next 2 decades.

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December 19, 2016, 09:15:56 PM
 #705

I will say its not in our place to encourage businesses to accept Bitcoin that is the responsibility of government because how do I begin to start answering the question concerning legality or whether government will wake up and ban the currency or even allow it? Another is the fact that no business owner will want to find himself on the other side of the law.
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December 20, 2016, 01:16:54 AM
 #706

I will say its not in our place to encourage businesses to accept Bitcoin that is the responsibility of government because how do I begin to start answering the question concerning legality or whether government will wake up and ban the currency or even allow it? Another is the fact that no business owner will want to find himself on the other side of the law.

Don't always rely to the government for they have a lot of things to fix, poverty, crime and everything.

And with this simple encouragement for the bitcoin community you can simply help out those local businesses, small to medium enterprises.

The law is just there for legality you can just simply do some research about it if you think that you are violating for teaching businesses to adopt bitcoin.

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December 20, 2016, 05:42:46 AM
 #707

If you really want to encourage then exert more effort, like you can conduct a free seminar explaining the importance, benefits and advantages of having a bitcoin. Let them see the goodness inside the bitcoin by influencing them, have some testimony why they should try this.

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December 20, 2016, 08:06:48 AM
 #708

If you really want to encourage then exert more effort, like you can conduct a free seminar explaining the importance, benefits and advantages of having a bitcoin. Let them see the goodness inside the bitcoin by influencing them, have some testimony why they should try this.

Well, that's true. But it won't be easy. A merchant consider dead time outside just listening without earning is a waste of time and their loss. The easier approach to that is to come to their place and explain bitcoin slowly so they could understand what really bitcoin is. But never force them to believe you or force them to accept bitcoin, that would just make them think that you are a scammer.

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December 20, 2016, 09:35:56 AM
 #709

a free seminar explaining the importance, benefits and advantages of having a bitcoin

LOL

Business is about to have profit. No one of them need BTC.
What benefit is if no customer will spend BTC?

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December 20, 2016, 10:46:33 AM
 #710

It is hard to encourage if the one you are inviting is not open-minded. But we can make it easy if we really know the prospects, we should know who are targets are. Having a business with bitcoin is great because it has unique features that we can't see and use in others.



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December 20, 2016, 12:52:36 PM
 #711

Encourage local businesses by explaining to them the benefits of using bitcoins. Businesses might not accept bitcoins unless there is some people will use bitcoins to purchase their goods or services.

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December 20, 2016, 02:02:05 PM
 #712

It is hard to encourage if the one you are inviting is not open-minded.

Test it to convert someone, You will see how this is a loss of time and energy.

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December 20, 2016, 07:56:43 PM
 #713

It is hard to encourage if the one you are inviting is not open-minded.

Test it to convert someone, You will see how this is a loss of time and energy.
I have tried that a few months ago and I found that it require some time to convert her to use bitcoin but it was not the waste of my time and energy as she understood that and now using bitcoin for her different needs of the day.

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December 20, 2016, 09:18:08 PM
 #714

now using bitcoin for her different needs of the day.

No customers with BTC?

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December 21, 2016, 03:07:34 AM
 #715

Encourage local businesses by explaining to them the benefits of using bitcoins. Businesses might not accept bitcoins unless there is some people will use bitcoins to purchase their goods or services.
The better strategy would be to convince people/customers to use bitcoins. Businesses just go with the flow of the customers. If they see that customers use bitcoins to pay for goods or they see potential from these customers to use bitcoins as their payment method. If the businesses were the ones who adopt bitcoin then they will just get tired getting people to use bitcoins.
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December 21, 2016, 02:26:49 PM
 #716

If they see that customers use bitcoins to pay for goods or they see potential from these customers to use bitcoins as their payment method.

The petroleum and Gas is payd in US Dollars or in Euro.
For this reason there is no space for Bitcoin.

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December 21, 2016, 03:38:13 PM
 #717

The question I would like to ask is, "How is it my civic responsibility to determine or even advise local businesses to accept Bitcoin?" I believe that should be the function of government. Aside that talking about local businesses, then it means after explaining Bitcoin to them, then I will need to also show them how to transfer to wallet and the likes but what if they now sell accepting Bitcoin and their own suppliers does not accept, then it means they have to convert to Fiat in which in the process, they might be scammed... And I will be blamed for that... Hopefully government can take the responsibility then I can give support...
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December 21, 2016, 04:39:12 PM
 #718

a free seminar explaining the importance, benefits and advantages of having a bitcoin

LOL

Business is about to have profit. No one of them need BTC.
What benefit is if no customer will spend BTC?


Exactly, someone who is running a business would probably not like to accumulate and hold bitcoins like an individual, but they will have to run their business no matter how, so all they will need are customers and profit out of what they do, they don't need a proof of having a coin is profitable.
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December 21, 2016, 05:41:25 PM
 #719

I will say its not in our place to encourage businesses to accept Bitcoin that is the responsibility of government because how do I begin to start answering the question concerning legality or whether government will wake up and ban the currency or even allow it? Another is the fact that no business owner will want to find himself on the other side of the law.
Governments don't want to encourage bitcoin adoption at all, in fact they are trying to discourage it by all the possible ways imaginable, they are using the media to misinform the public and make them think bitcoin is only used by drug dealers and people like that.
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December 21, 2016, 06:32:59 PM
 #720

and make them think bitcoin is only used by drug dealers and people like that.

Does Your local Food Shop or Supermarket accept BTC?

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