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Author Topic: How can we encourage local businesses to accept BTC?  (Read 184287 times)
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December 29, 2016, 11:26:32 AM
 #761

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.
It would really be helpful and you are right business nowadays and their owners are already aware regarding on the tech that is being developed on this era and we could say that they could easily understand if we tend to explain to them about bitcoin but the big question is the adoption of bitcoin on the place on where those businesses located.

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December 30, 2016, 04:52:26 AM
 #762

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.
Unless your area has a big amount of users of bitcoin I don't see a lot of businessmen adopting bitcoin because it is not going to make sense to accept this new currency if no one is using it.
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December 30, 2016, 10:27:50 AM
 #763

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.
It would really be helpful and you are right business nowadays and their owners are already aware regarding on the tech that is being developed on this era and we could say that they could easily understand if we tend to explain to them about bitcoin but the big question is the adoption of bitcoin on the place on where those businesses located.

That's why it is not going to be hard enough especially if you have enough knowledge in bitcoin even the simplest one. And you just need to explain what is bitcoin, how to obtain and use bitcoin. That is a very easy thing, the only problem is that we know that businessmen are not interested if there is no user in his place except from you.

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December 30, 2016, 04:36:35 PM
 #764

i don't think that we can help them, they have to decide on their own
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December 31, 2016, 04:35:21 PM
 #765

i don't think that we can help them, they have to decide on their own

Yes we can, we can encourage them. We can explain them what are the benefits, like those related to taxes or that they will maybe easier find bitcoin investors then fiat investors or that with using bitcoins they could be more competitive. There are risks too, ofw course, but it's worth trying.

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January 02, 2017, 07:51:52 AM
 #766

i don't think that we can help them, they have to decide on their own

Yes we can, we can encourage them. We can explain them what are the benefits, like those related to taxes or that they will maybe easier find bitcoin investors then fiat investors or that with using bitcoins they could be more competitive. There are risks too, ofw course, but it's worth trying.

Suggesting is the only thing we can do in that case, because a local business would only start accepting bitcoins if they see any progress of bitcoin around them, and for that they should know at least a few people around which are interested in using or spending bitcoins so that they can add bitcoin to their payment systems, otherwise they wont look it as a good idea.
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January 02, 2017, 11:58:02 AM
 #767

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.
Unless your area has a big amount of users of bitcoin I don't see a lot of businessmen adopting bitcoin because it is not going to make sense to accept this new currency if no one is using it.

Yeah and it is not that easy as we think to spread the news about bitcoin in your community if you are the only user that can be found there.

And those businessmen will not believe in this project if only people are using it way back then.

But if we can see the situation now, if you will just show them what is the value of bitcoin then it can get their interest after all.

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January 02, 2017, 12:32:03 PM
 #768

if you will just show them what is the value of bitcoin

About what "value" are You talking now?

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January 02, 2017, 01:52:21 PM
 #769

if you will just show them what is the value of bitcoin

About what "value" are You talking now?


I'm talking about the price of bitcoin there. Because if those businessmen will see the price/value of bitcoin today.

It can make them encourage that bitcoin is really a real currency that can be used for good whether you are transacting with merchants or other user.

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January 02, 2017, 02:28:55 PM
 #770

i don't think that we can help them, they have to decide on their own

We can help them, we just need to explain to them on how bitcoin can be good to their business and how it can boost their sales. Especially if their business is an online business, their transactions can be on instant and while bitcoins is in their wallet. The chance of getting higher profit as the price increase is happening, it can give them another opportunity.

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January 02, 2017, 06:26:06 PM
 #771

i don't think that we can help them, they have to decide on their own

We can help them, we just need to explain to them on how bitcoin can be good to their business and how it can boost their sales. Especially if their business is an online business, their transactions can be on instant and while bitcoins is in their wallet. The chance of getting higher profit as the price increase is happening, it can give them another opportunity.
Interestingly I have convinced my local shopkeeper to start accepting bitcoin payments, but unfortunately he is not finding many bitcoin payments and no significant improvements in sales.

This may be due to lack of bitcoin adoption in my area and also even some people are adopting bitcoin still they are not ready to spend bitcoins right now.

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January 02, 2017, 06:50:37 PM
 #772

feels like it is still 2013
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January 03, 2017, 12:07:23 AM
 #773

feels like it is still 2013

Except there are more stores that accept bitcoin, and more lunatic bitcoin enthusiast than before  Tongue.  It is still not easy to convince people to establish business and accept bitcoin as payment.  The high volatility is the culprit behind this hardship in my opinion.

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January 03, 2017, 06:03:43 AM
 #774

i don't think that we can help them, they have to decide on their own

We can help them, we just need to explain to them on how bitcoin can be good to their business and how it can boost their sales. Especially if their business is an online business, their transactions can be on instant and while bitcoins is in their wallet. The chance of getting higher profit as the price increase is happening, it can give them another opportunity.
Interestingly I have convinced my local shopkeeper to start accepting bitcoin payments, but unfortunately he is not finding many bitcoin payments and no significant improvements in sales.

This may be due to lack of bitcoin adoption in my area and also even some people are adopting bitcoin still they are not ready to spend bitcoins right now.

That's good to know if you had convinced your local shopkeeper, don't worry it is a step by step process. So the next thing that you need to do is advertise and let those customers know that the shop that you are sharing knowledge about bitcoin is already accepting it. It may took a little time before those customers will have total adoption in bitcoin but what is important that you already advertise bitcoin to them.

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January 03, 2017, 07:19:25 AM
 #775

if you will just show them what is the value of bitcoin

About what "value" are You talking now?


I'm talking about the price of bitcoin there. Because if those businessmen will see the price/value of bitcoin today.

It can make them encourage that bitcoin is really a real currency that can be used for good whether you are transacting with merchants or other user.

That doesn't give any sense, why would a business care for the price of a coin if they want to use it or not? They wont get anything extra for using bitcoin no matter what is its price. If they are selling shoes then they will just get the payment for that, no matter if you pay it with bitcoins or dollars you will have to give the same price for that.
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January 03, 2017, 07:45:45 AM
 #776

if you will just show them what is the value of bitcoin

About what "value" are You talking now?


I'm talking about the price of bitcoin there. Because if those businessmen will see the price/value of bitcoin today.

It can make them encourage that bitcoin is really a real currency that can be used for good whether you are transacting with merchants or other user.

That doesn't give any sense, why would a business care for the price of a coin if they want to use it or not? They wont get anything extra for using bitcoin no matter what is its price. If they are selling shoes then they will just get the payment for that, no matter if you pay it with bitcoins or dollars you will have to give the same price for that.

What? You don't have an idea regarding business profit pricing and everything? Business will care about a price of a coin.

Because they are a profitable establishment that aims for profit so that they can keep on operating.

They will get something extraordinary upon acceptance of bitcoin, it is a matter of uniqueness.

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January 03, 2017, 04:46:55 PM
 #777

feels like it is still 2013

Except there are more stores that accept bitcoin, and more lunatic bitcoin enthusiast than before  Tongue.  It is still not easy to convince people to establish business and accept bitcoin as payment.  The high volatility is the culprit behind this hardship in my opinion.

Like PayPal if they could announces or paste they avcoets bitcoins means its really amazing and people who uses bitcoin will utilise it for sure. But due to idiot government we any small businesses or grocery could do that easily.
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January 03, 2017, 05:24:55 PM
 #778

bitcoins means its really amazing

For sure, it provide suicides, when the exchange rate go down at 80% in few days.
There are no people who will have such risky currency in hands.
Business people need a stable currency, such fluctuations are unaccettable.
In normal way they exchange BTC to $ or € at the same moment of payment in BTC.

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January 04, 2017, 04:37:26 AM
 #779

i don't think that we can help them, they have to decide on their own
Yes you are right but we can help them by explaining them what are the uses of bitcoins there are many local businesses dont know about bitcoins so we can help them by our suggestions it's up to them if they are really convinced for your suggestions.

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January 04, 2017, 08:29:47 AM
 #780

i don't think that we can help them, they have to decide on their own
Yes you are right but we can help them by explaining them what are the uses of bitcoins there are many local businesses dont know about bitcoins so we can help them by our suggestions it's up to them if they are really convinced for your suggestions.
Even if you can encourage them to accept Bitcoin, how can you able to change the government rule. I mean, In my country, the government has promulgated restrictions on Bitcoin and other currencies and warn the people the Bitcoin is dangerous which can steal people money. Because of those rules, Bitcoin can not be used here.

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