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Author Topic: How can we encourage local businesses to accept BTC?  (Read 184176 times)
novemberwoah
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December 24, 2016, 06:36:11 AM
 #741

I think to push local businesses to accept bitcoin on the area the government should legalize bitcoin. Because if bitcoin became legal there certainly local businesses feel safe to accept bitcoin. In addition bitcoin should have a lot to ease adoption. You also have to convince if accept bitcoin will have benefits for the local business.
Common people still looks very confused about how bitcoin works
But with government make it legal and support it , i think it's gonna be the best lesson to know bitcoin
As once bitcoin legalized it's give people a safe feeling to not worrying bitcoin as a scam thing
Things will run smoothly if government follows to support bitcoin too i guess.

You're a hero member and by the time that you've spent in this forum, you should know by now that the government will never legalize bitcoin. Legalizing bitcoins means it's okay for them to ditch their own currency.

The people that don't feel safe using bitcoin has to do their research. They wouldn't feel unsafe when they know what they're doing. You don't need the government to lecture yourself about these things and no one in this forum has been spoon fed by the government for the very knowledge about bitcoin. We all learned it by ourselves. It's pretty basic once you start reading a couple of articles about bitcoin.
Not all countries whose governments are declares illegal use bitcoin, there are some countries that legalize bitcoin especially in developed countries. As in the Russian state, previously banned the use of crypto like bitcoin, and even those who violate them will be punished. But last November, Russia officially legalize bitcoin. It proves that the government policy of each country to bitcoin could change. Most importantly how to make bitcoin get confidence in a country. It also will encourage local businesses to accept bitcoin.

I think even the country doesn't declare it illegal, it doesn't means they declared the Bitcoin legal. The countrie's governments don't say anything about Bitcoins, if they like it, if they endorse this idea... I believe they are just watching the Bitcoin movements to impose a jurisdiction on the moment they can take advantage of it. I would like that things continue as it is now, if Bitcoin becomes legal, it would be worse for us.
Yes indeed there are countries that declared bitcoin is not illegal and not legal so people allowed to use but must be cautious and if any undesirable it have to be borne alone. But there are some countries which explicitly declares illegal and legalize bitcoin. It depends on each country's policy. Why do not you want bitcoin be legal? Not that it makes it easier the adoption process bitcoin so it will easily grow? But indeed I do not like there will be tax to be paid when a transaction.


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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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December 24, 2016, 09:09:24 AM
 #742


I think to push local businesses to accept bitcoin on the area the government should legalize bitcoin.
Because if bitcoin became legal there certainly local businesses feel safe to accept bitcoin. In addition bitcoin should have a lot to ease adoption.
You also have to convince if accept bitcoin will have benefits for the local business.

Exactly, the first one that must accept bitcoin is the government because it is the one who will legalize to ones country before the local businesses accept the bitcoin as their way of payment. Once the Govt. Make it legalized then it is will easy for the local Business to follow and accept bitcoin without any fear.

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December 24, 2016, 11:22:35 AM
 #743


I think to push local businesses to accept bitcoin on the area the government should legalize bitcoin.
Because if bitcoin became legal there certainly local businesses feel safe to accept bitcoin. In addition bitcoin should have a lot to ease adoption.
You also have to convince if accept bitcoin will have benefits for the local business.

Exactly, the first one that must accept bitcoin is the government because it is the one who will legalize to ones country before the local businesses accept the bitcoin as their way of payment. Once the Govt. Make it legalized then it is will easy for the local Business to follow and accept bitcoin without any fear.


Yeah that is one of the dilemmas a business owner will need to handle. The government can charge than anytime with tax evasion cases just by having Bitcoin with them. But we also have this local Bitcoin Wallet provider in which we have the option to pay our bills online, I don't now their process but it is legal that even electric, internet companies accept the payment. I think it is better that way than the government handling to pass another law for legalizing Bitcoin in their country.

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novemberwoah
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December 25, 2016, 08:04:44 AM
 #744


I think to push local businesses to accept bitcoin on the area the government should legalize bitcoin.
Because if bitcoin became legal there certainly local businesses feel safe to accept bitcoin. In addition bitcoin should have a lot to ease adoption.
You also have to convince if accept bitcoin will have benefits for the local business.

Exactly, the first one that must accept bitcoin is the government because it is the one who will legalize to ones country before the local businesses accept the bitcoin as their way of payment. Once the Govt. Make it legalized then it is will easy for the local Business to follow and accept bitcoin without any fear.


Yeah that is one of the dilemmas a business owner will need to handle. The government can charge than anytime with tax evasion cases just by having Bitcoin with them. But we also have this local Bitcoin Wallet provider in which we have the option to pay our bills online, I don't now their process but it is legal that even electric, internet companies accept the payment. I think it is better that way than the government handling to pass another law for legalizing Bitcoin in their country.
I think to encourage local businesses accept bitcoin still requires the legality from government. Because it will help local businesses accept bitcoin widely. In my country bitcoin is not illegal and not legal, there is no certainty about the law use of bitcoin but they impose a tax on transactions in the local wallet. It's not fair in my opinion because if the government imposes a tax on local wallet they should also legalize bitcoin. Because if the government legalizes bitcoin bitcoin I believe adoption will increase.


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December 25, 2016, 06:11:46 PM
 #745

Making the local businesses accept bitcoin will be a hard job. So if there's non then make one yourself. If you have

the money make a business that accepts bitcoin even as an alternative payment. First, You should spread it, Start

with the people around you. Ask them what business is good these days and smoothly add that you'll accept btc as

an alter payment. If you don't have money then just wait for a massive popularity bitcoin bomb in your country.

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December 25, 2016, 06:36:29 PM
 #746


I think to push local businesses to accept bitcoin on the area the government should legalize bitcoin.
Because if bitcoin became legal there certainly local businesses feel safe to accept bitcoin. In addition bitcoin should have a lot to ease adoption.
You also have to convince if accept bitcoin will have benefits for the local business.

Exactly, the first one that must accept bitcoin is the government because it is the one who will legalize to ones country before the local businesses accept the bitcoin as their way of payment. Once the Govt. Make it legalized then it is will easy for the local Business to follow and accept bitcoin without any fear.


Yeah that is one of the dilemmas a business owner will need to handle. The government can charge than anytime with tax evasion cases just by having Bitcoin with them. But we also have this local Bitcoin Wallet provider in which we have the option to pay our bills online, I don't now their process but it is legal that even electric, internet companies accept the payment. I think it is better that way than the government handling to pass another law for legalizing Bitcoin in their country.
I think to encourage local businesses accept bitcoin still requires the legality from government. Because it will help local businesses accept bitcoin widely. In my country bitcoin is not illegal and not legal, there is no certainty about the law use of bitcoin but they impose a tax on transactions in the local wallet. It's not fair in my opinion because if the government imposes a tax on local wallet they should also legalize bitcoin. Because if the government legalizes bitcoin bitcoin I believe adoption will increase.
Well if that local wallet are asking for a tax maybe they are just legal business that they need to pay for a tax.. also for their maintenance of the site.. this is the same as in my country since bitcoin legal but the company which is business is bitcoin service and bitcoin localwallet for it is just a small amount than using other service to other that it needs to pay more fee to be ship your money..

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December 26, 2016, 02:25:47 PM
 #747

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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December 26, 2016, 02:48:31 PM
 #748

Earlier I was thinking that it is easy to encourage the people to accept online money directly in bank . But at the current time problem of change of currency in my country ( India) is going on .
To complete my daily need I don't have cash than I asked many shopkeeper to accept online bank money but no one was satisfied with me .
Now , So how can we encourage to accept Bitcoin , while they are not accepting own local fiat online .
I think should not be forced by us . We need to show only our success life to them , So they will attract toward Bitcoin .

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December 26, 2016, 02:52:21 PM
 #749

It depends on the government. If the government does not accept bitcoin or does not support it, it is very hard to convince local business to choose bitcoin as a currency. In my region, there is only one shop which allow user to pay by Bitcoin. It is like nightmare here. I love Bitcoin but I do not know how to use it in my country


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December 27, 2016, 09:53:09 PM
 #750


I think to push local businesses to accept bitcoin on the area the government should legalize bitcoin.
Because if bitcoin became legal there certainly local businesses feel safe to accept bitcoin. In addition bitcoin should have a lot to ease adoption.
You also have to convince if accept bitcoin will have benefits for the local business.

Exactly, the first one that must accept bitcoin is the government because it is the one who will legalize to ones country before the local businesses accept the bitcoin as their way of payment. Once the Govt. Make it legalized then it is will easy for the local Business to follow and accept bitcoin without any fear.


Yeah that is one of the dilemmas a business owner will need to handle. The government can charge than anytime with tax evasion cases just by having Bitcoin with them. But we also have this local Bitcoin Wallet provider in which we have the option to pay our bills online, I don't now their process but it is legal that even electric, internet companies accept the payment. I think it is better that way than the government handling to pass another law for legalizing Bitcoin in their country.
I think to encourage local businesses accept bitcoin still requires the legality from government. Because it will help local businesses accept bitcoin widely. In my country bitcoin is not illegal and not legal, there is no certainty about the law use of bitcoin but they impose a tax on transactions in the local wallet. It's not fair in my opinion because if the government imposes a tax on local wallet they should also legalize bitcoin. Because if the government legalizes bitcoin bitcoin I believe adoption will increase.
It depends from country to country and the interpretation of the law but in my country what it is not forbidden then it’s allowed, since there is not a ban on bitcoin then you can use it freely but you must report your earnings if you sell it but there is no problem to just  hold it.



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December 27, 2016, 11:19:55 PM
 #751

It depends on the government. If the government does not accept bitcoin or does not support it, it is very hard to convince local business to choose bitcoin as a currency. In my region, there is only one shop which allow user to pay by Bitcoin. It is like nightmare here. I love Bitcoin but I do not know how to use it in my country
No it do not depend on the governments but it depends on the people of that country. If people will like to adopt bitcoin and they will like to use bitcoin for their country then they have to promote it to every part of the country and they have to start some services like offline shops in their areas to accept only bitcoin as the payment then everyone will go that way.

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December 28, 2016, 06:25:51 AM
 #752

There are many reason to encourage local business to accept btc because till now government are not completely involved in bitcoin, if the shopkeeper is ready to pay taxes means than he is ready to pay tax. So daily bitcoin is emerging to every parts of the country so it will be good to accepts bitcoins at the beginning. Even though bitcoin price is not stag net better if will good for him also because once the price of the bitcoin is increasing definitely he will make more money on it.

There is big difference between bitcoin and fiat is fiat will remain the same rate until the governments changes it, where as bitcoin will change it's price without any governments involvement. The value of bitcoin is more compared to fiat currency so in this we have to convince the local business people to accept bitcoin. 

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December 28, 2016, 06:57:19 AM
 #753

There are many reason to encourage local business to accept btc because till now government are not completely involved in bitcoin, if the shopkeeper is ready to pay taxes means than he is ready to pay tax. So daily bitcoin is emerging to every parts of the country so it will be good to accepts bitcoins at the beginning. Even though bitcoin price is not stag net better if will good for him also because once the price of the bitcoin is increasing definitely he will make more money on it.

There is big difference between bitcoin and fiat is fiat will remain the same rate until the governments changes it, where as bitcoin will change it's price without any governments involvement. The value of bitcoin is more compared to fiat currency so in this we have to convince the local business people to accept bitcoin. 

Yes you are right but many people are not believing the bitcoin because of the price variation, only few people are ready to accept bitcoin for thei local business, even we have explained to them lot more about bitcoin. But local business people are afraid because of the government, why means according the user base of the country and their transaction government are charging more on taxes. Once they identify means definitely it will leads to different task so many people are not showing any interest towards it.

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December 28, 2016, 07:04:16 AM
 #754

It depends on the government. If the government does not accept bitcoin or does not support it, it is very hard to convince local business to choose bitcoin as a currency. In my region, there is only one shop which allow user to pay by Bitcoin. It is like nightmare here. I love Bitcoin but I do not know how to use it in my country
I think this is not depends on the government, we all know there is nothing the government that approves bitcoin, if we are depends to the government of course nobody using bitcoin. We have to be creative so that local businesses can accept bitcoin, simple step is to introduce our business that accept bitcoin, and then we try to do any transaction with bitcoin (send and receive).
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December 28, 2016, 03:47:57 PM
 #755

It depends on the government. If the government does not accept bitcoin or does not support it, it is very hard to convince local business to choose bitcoin as a currency. In my region, there is only one shop which allow user to pay by Bitcoin. It is like nightmare here. I love Bitcoin but I do not know how to use it in my country
I think this is not depends on the government, we all know there is nothing the government that approves bitcoin, if we are depends to the government of course nobody using bitcoin. We have to be creative so that local businesses can accept bitcoin, simple step is to introduce our business that accept bitcoin, and then we try to do any transaction with bitcoin (send and receive).
It would really hard to impose bitcoin payments on local merchants specially when government is strict when it comes to taxation and if they knew that you are accepting bitcoin in your business then they might be alarmed that you are evading to pay tax and might not pay the exact amount since they can't know how much did you profits or income.

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michkima
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December 28, 2016, 04:06:38 PM
 #756

It depends on the government. If the government does not accept bitcoin or does not support it, it is very hard to convince local business to choose bitcoin as a currency. In my region, there is only one shop which allow user to pay by Bitcoin. It is like nightmare here. I love Bitcoin but I do not know how to use it in my country
I think this is not depends on the government, we all know there is nothing the government that approves bitcoin, if we are depends to the government of course nobody using bitcoin. We have to be creative so that local businesses can accept bitcoin, simple step is to introduce our business that accept bitcoin, and then we try to do any transaction with bitcoin (send and receive).
It would really hard to impose bitcoin payments on local merchants specially when government is strict when it comes to taxation and if they knew that you are accepting bitcoin in your business then they might be alarmed that you are evading to pay tax and might not pay the exact amount since they can't know how much did you profits or income.

Accepting bitcoins or real money, tax is no different. The government taxes income the same way. It will just depend if the government will impose a tax on every bitcoin transaction for purchases. But regardless if you use bitcoin or real money, what matter is that someone profited. That profited is taxable. What is hard is convincing people to use bitcoin.
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December 28, 2016, 05:52:27 PM
 #757

It depends on the government. If the government does not accept bitcoin or does not support it, it is very hard to convince local business to choose bitcoin as a currency. In my region, there is only one shop which allow user to pay by Bitcoin. It is like nightmare here. I love Bitcoin but I do not know how to use it in my country
I think this is not depends on the government, we all know there is nothing the government that approves bitcoin, if we are depends to the government of course nobody using bitcoin. We have to be creative so that local businesses can accept bitcoin, simple step is to introduce our business that accept bitcoin, and then we try to do any transaction with bitcoin (send and receive).

I hope in most of the commercial businesses could able to accept the bitcoin partially like Amazon doing with purse.io If you have trade with international businesses you could to do payment or transaction via bitcoin. For example, perfume businesses, import and export spices and etc...

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Gotottack
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December 29, 2016, 02:13:32 AM
 #758

It depends on the government. If the government does not accept bitcoin or does not support it, it is very hard to convince local business to choose bitcoin as a currency. In my region, there is only one shop which allow user to pay by Bitcoin. It is like nightmare here. I love Bitcoin but I do not know how to use it in my country
I think this is not depends on the government, we all know there is nothing the government that approves bitcoin, if we are depends to the government of course nobody using bitcoin. We have to be creative so that local businesses can accept bitcoin, simple step is to introduce our business that accept bitcoin, and then we try to do any transaction with bitcoin (send and receive).

I hope in most of the commercial businesses could able to accept the bitcoin partially like Amazon doing with purse.io If you have trade with international businesses you could to do payment or transaction via bitcoin. For example, perfume businesses, import and export spices and etc...

The problem is Purse.io is not affliliated with amazon in anyway. They are just a service that buys whatever you want from Amazon and they pay for it, then the customer pays purse.io. That is so different from paying directly to Amazon, which would be nice if it does happen. Imagine buying things you want from amazon without even using a third party payment processor like purse.io.
Crypto Girl
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December 29, 2016, 08:29:13 AM
 #759

encouraging local businesses to accept not only bitcoin but some other worthy cryptocurrency seems not to be so hard nowadays, it is due to the innovations and the influence of the information technology and the help it will bring to everyday's life.
for someone who can show the advantage of the information technology, he or she can easily encourage the business owner to accept or use bitcoin into his or her business.


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passwordnow
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December 29, 2016, 10:48:17 AM
 #760

encouraging local businesses to accept not only bitcoin but some other worthy cryptocurrency seems not to be so hard nowadays, it is due to the innovations and the influence of the information technology and the help it will bring to everyday's life.
for someone who can show the advantage of the information technology, he or she can easily encourage the business owner to accept or use bitcoin into his or her business.

If you are talking about innovations and technology, I guess that is going to be an advantage and good front liner for those local business that wants to adopt modern technology. Since everything has been now improving by means of tech, its going to be an easy thing if you are going to explain how bitcoin and crypto's are working that can help their business to boost, locally, globally and online.

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