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Author Topic: How can we encourage local businesses to accept BTC?  (Read 184063 times)
choppork
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February 01, 2017, 06:54:36 AM
 #901

Local businesses should actually find it easy to adopt bitcoin on the security side of things as holding fiat in their safes or tills attracts robbers unlike a bitcoin wallet which would be safer for them and might encourage their customers to use btc  for secure  cashless transactions.

How come that there are hacked wallets? I think fiat is still safer when it comes to security of your money. Robbers won't rob you if they see you on busy streets. They attack when you are alone and helpless. If you are holding a bitcoin and you walk on the street and the robber has an idea about bitcoin, then if they rob you, they'll definitely get your bitcoin.

Anyway, to encourage them, don't push them to dislike bitcoin. What I mean is explain it few times only and don't be an annoyance. That's all.

I'd like to think that robbers have different kinds. There are some that attacks you when they're in stealth mode but there are some that takes advantage of the crowd. If you're in a busy street or a crowded place, when he robs you, you'll easily lose track of him since there's a lot of people. Most people on the street won't help you chase the robber since they have other things to be busy about and mostly the robber have other friends to whom he passes the thing that he snatched from you so they can easily get out of the robbery scene.

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February 01, 2017, 07:03:21 AM
 #902

If the business is sending money to other country.
Than I think is good to tell them that Bitcoin is a solution because is faster and cheaper.

informing your international clients that the best way to receive payment fast and earlier is through bitcoin. The fees charge by money gram and western union money transfer is too high. Another way I think we can promote bitcoin is by informing  family and friends about it. Informing family and friends will create trust and first hand explanation about bitcoin and cryptocurrencies in general.
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February 01, 2017, 07:46:13 AM
 #903

Local businesses should actually find it easy to adopt bitcoin on the security side of things as holding fiat in their safes or tills attracts robbers unlike a bitcoin wallet which would be safer for them and might encourage their customers to use btc  for secure  cashless transactions.

The fact in real life turns out totally opposite of your motif. Many of the local merchants are not technically aware of the ways bitcoin can be stolen and hence fail to secure them - as a result they end up with robbed coins and they spread the news that bitcoin is a "scam"

Then they get hold of the person who introduced the bitcoin payment system to them and put them to jail - because none of the legal people even know about bitcoin or crypto-currency.

The fact is we need to make people aware of bitcoin first - but the explaining and trust gaining part is extremely difficult.

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February 01, 2017, 12:15:16 PM
 #904

People should consider bitcoin as one of the payment method for buying any thing in local areas, before that we have to explain in detail about bitcoin advantages to them. So local people should can do two types of business with bitcoin and as well as with their store business.


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February 01, 2017, 01:14:14 PM
 #905

People should consider bitcoin as one of the payment method for buying any thing in local areas, before that we have to explain in detail about bitcoin advantages to them. So local people should can do two types of business with bitcoin and as well as with their store business.
I think first of all it applies to those shop, markets and stores owners, than the common people will consider bitcoin as one of the payment method.
shop owners must allow bitcoin as a accepted method. just like how lots of shops accept credit cards. same they need to accept bitcoin.

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February 01, 2017, 02:16:47 PM
 #906

People should consider bitcoin as one of the payment method for buying any thing in local areas, before that we have to explain in detail about bitcoin advantages to them. So local people should can do two types of business with bitcoin and as well as with their store business.
I think first of all it applies to those shop, markets and stores owners, than the common people will consider bitcoin as one of the payment method.
shop owners must allow bitcoin as a accepted method. just like how lots of shops accept credit cards. same they need to accept bitcoin.

i think your idea can work properly if there are any community or group that giving tutorial or lesson for people so they can trying to search the shop or build their own shop in their city and start to accept bitcoin as their payment. we still having difficulties to find local store that accept bitcoin because the bitcoin education is not much in one city. we should trying to introduce bitcoin into more people and if we have money, then we can build local store and see if there is any progress or not.
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February 02, 2017, 03:31:40 AM
 #907

People should consider bitcoin as one of the payment method for buying any thing in local areas, before that we have to explain in detail about bitcoin advantages to them. So local people should can do two types of business with bitcoin and as well as with their store business.
I think first of all it applies to those shop, markets and stores owners, than the common people will consider bitcoin as one of the payment method.
shop owners must allow bitcoin as a accepted method. just like how lots of shops accept credit cards. same they need to accept bitcoin.

i think your idea can work properly if there are any community or group that giving tutorial or lesson for people so they can trying to search the shop or build their own shop in their city and start to accept bitcoin as their payment. we still having difficulties to find local store that accept bitcoin because the bitcoin education is not much in one city. we should trying to introduce bitcoin into more people and if we have money, then we can build local store and see if there is any progress or not.

I think most of the people are not completely belief in bitcoin, even though we provide good articles to them they are uncomfortable using it. Because bitcoin price is completely depend on market so many people will not show any interest towards trading side. Bitcoin is mainly depend upon the market.

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February 02, 2017, 05:43:56 AM
 #908

Local businesses should actually find it easy to adopt bitcoin on the security side of things as holding fiat in their safes or tills attracts robbers unlike a bitcoin wallet which would be safer for them and might encourage their customers to use btc  for secure  cashless transactions.

Yes the security can be a good thing to encourage those local business owners to adopt bitcoin. And it's the fact with bitcoin has a very good security and its network is going to be tight against intruders. But still it's going to be hard for them if they don't have customers who are using bitcoin, that's why we need also to empower those people who are nearby to his business.

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February 02, 2017, 10:55:11 AM
 #909

Local businesses should actually find it easy to adopt bitcoin on the security side of things as holding fiat in their safes or tills attracts robbers unlike a bitcoin wallet which would be safer for them and might encourage their customers to use btc  for secure  cashless transactions.

Yes the security can be a good thing to encourage those local business owners to adopt bitcoin. And it's the fact with bitcoin has a very good security and its network is going to be tight against intruders. But still it's going to be hard for them if they don't have customers who are using bitcoin, that's why we need also to empower those people who are nearby to his business.

Two things are important in a proper business payment system - the buyer and the seller and in this aspect it is the users of bitcoin. There must be sufficient sellers/merchants accepting bitcoin and even more buyers/customers who are using bitcoin as a currency.

This condition is far from the actual in the global economy in the current phase. It is expected that it will improve in the next few decades.

Once that happens, the store owners are bound to accept bitcoin as payments due to public demand.

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Choy13
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February 02, 2017, 02:40:26 PM
 #910

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.
Business companies should accept BTC because it has an easy transaction characteristic . It is hassle free for them Smiley I think that's the best reason for them to accept Bitcoin . Aside for that the value of bitcoin depend to our support so we should support bitcoin to increase it's value .

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February 02, 2017, 07:44:21 PM
 #911

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.
Business companies should accept BTC because it has an easy transaction characteristic . It is hassle free for them Smiley I think that's the best reason for them to accept Bitcoin . Aside for that the value of bitcoin depend to our support so we should support bitcoin to increase it's value .

Hassle free?

Proper banks, which businesses in most cases use, have several things like:

- generate automated monthly payments to your employees
- generate automated monthly payments to your bills (gas, electricity, internet etc)
- SEPA transfers
- different users under one account
- templates for your most common transfers
- last but not least - everyone supports them, every business, you don't have to even ask

etc
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February 03, 2017, 08:40:20 AM
 #912

Local businesses should actually find it easy to adopt bitcoin on the security side of things as holding fiat in their safes or tills attracts robbers unlike a bitcoin wallet which would be safer for them and might encourage their customers to use btc  for secure  cashless transactions.

Yes the security can be a good thing to encourage those local business owners to adopt bitcoin. And it's the fact with bitcoin has a very good security and its network is going to be tight against intruders. But still it's going to be hard for them if they don't have customers who are using bitcoin, that's why we need also to empower those people who are nearby to his business.

Two things are important in a proper business payment system - the buyer and the seller and in this aspect it is the users of bitcoin. There must be sufficient sellers/merchants accepting bitcoin and even more buyers/customers who are using bitcoin as a currency.

This condition is far from the actual in the global economy in the current phase. It is expected that it will improve in the next few decades.

Once that happens, the store owners are bound to accept bitcoin as payments due to public demand.

And that's why it is going to be hard for us to encourage those business owners if we are not going to inform the people near his business to get into bitcoins. Because business is not going to keep on moving if there are no people that are ready to purchase his products and services with bitcoin. Your discussion to him about bitcoin will be void if his customers are not going to support it.

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February 07, 2017, 07:37:55 AM
 #913

Local businesses should actually find it easy to adopt bitcoin on the security side of things as holding fiat in their safes or tills attracts robbers unlike a bitcoin wallet which would be safer for them and might encourage their customers to use btc  for secure  cashless transactions.

Yes the security can be a good thing to encourage those local business owners to adopt bitcoin. And it's the fact with bitcoin has a very good security and its network is going to be tight against intruders. But still it's going to be hard for them if they don't have customers who are using bitcoin, that's why we need also to empower those people who are nearby to his business.

Oh sure. Keep talking. So what if the network is being spammed just like it is now? Theres over 65000 unconfirmed transactions stuck and we have to wait for more than 8 hours to get 1 confirmation. Is your local business willing to wait that long? Are you? Wait there's a better option. Use cash for your local stores.


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February 07, 2017, 08:40:47 AM
 #914

Local businesses should actually find it easy to adopt bitcoin on the security side of things as holding fiat in their safes or tills attracts robbers unlike a bitcoin wallet which would be safer for them and might encourage their customers to use btc  for secure  cashless transactions.

Yes the security can be a good thing to encourage those local business owners to adopt bitcoin. And it's the fact with bitcoin has a very good security and its network is going to be tight against intruders. But still it's going to be hard for them if they don't have customers who are using bitcoin, that's why we need also to empower those people who are nearby to his business.

Oh sure. Keep talking. So what if the network is being spammed just like it is now? Theres over 65000 unconfirmed transactions stuck and we have to wait for more than 8 hours to get 1 confirmation. Is your local business willing to wait that long? Are you? Wait there's a better option. Use cash for your local stores.
Well these cases of a big unconfirmed transactions do happen rarely and its not happening all the times but you are right its quiet hassle for business owners on waiting for that long before the payment would go to their wallets but still its good to consider since bitcoin transactions arent irreversible which means that money will surely be credited on their wallets.

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lionheart78
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February 07, 2017, 09:34:27 AM
 #915

Local businesses should actually find it easy to adopt bitcoin on the security side of things as holding fiat in their safes or tills attracts robbers unlike a bitcoin wallet which would be safer for them and might encourage their customers to use btc  for secure  cashless transactions.

Yes the security can be a good thing to encourage those local business owners to adopt bitcoin. And it's the fact with bitcoin has a very good security and its network is going to be tight against intruders. But still it's going to be hard for them if they don't have customers who are using bitcoin, that's why we need also to empower those people who are nearby to his business.

Two things are important in a proper business payment system - the buyer and the seller and in this aspect it is the users of bitcoin. There must be sufficient sellers/merchants accepting bitcoin and even more buyers/customers who are using bitcoin as a currency.

This condition is far from the actual in the global economy in the current phase. It is expected that it will improve in the next few decades.

Once that happens, the store owners are bound to accept bitcoin as payments due to public demand.

And that's why it is going to be hard for us to encourage those business owners if we are not going to inform the people near his business to get into bitcoins. Because business is not going to keep on moving if there are no people that are ready to purchase his products and services with bitcoin. Your discussion to him about bitcoin will be void if his customers are not going to support it.


Aside from that am sure you will not push it since there is no incentives if you do that stuff.  Remember we need to do some thorough studies, examples, and present it to the business owner.  Unless we are a supplier, where we can use Bitcoin as means of payment presented with our products.  This way we have profits.  But if we do not have anything to profit from that deal i doubt we will push it.

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acekamath
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February 08, 2017, 05:48:46 AM
 #916

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.
As bitcoin is a way to conduct transactions through means of the internet and not cash most of the business owners will tin twice before considering to accept payment in btc rather credit or cash.

there is no transaction fees as such
Try explaining them about the benefits of bitcoin
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February 08, 2017, 07:12:35 AM
 #917

Local businesses should actually find it easy to adopt bitcoin on the security side of things as holding fiat in their safes or tills attracts robbers unlike a bitcoin wallet which would be safer for them and might encourage their customers to use btc  for secure  cashless transactions.

Yes the security can be a good thing to encourage those local business owners to adopt bitcoin. And it's the fact with bitcoin has a very good security and its network is going to be tight against intruders. But still it's going to be hard for them if they don't have customers who are using bitcoin, that's why we need also to empower those people who are nearby to his business.

Oh sure. Keep talking. So what if the network is being spammed just like it is now? Theres over 65000 unconfirmed transactions stuck and we have to wait for more than 8 hours to get 1 confirmation. Is your local business willing to wait that long? Are you? Wait there's a better option. Use cash for your local stores.
Well these cases of a big unconfirmed transactions do happen rarely and its not happening all the times but you are right its quiet hassle for business owners on waiting for that long before the payment would go to their wallets but still its good to consider since bitcoin transactions arent irreversible which means that money will surely be credited on their wallets.

Im sorry to tell you that you are wrong. It has been happening quite a lot than usual. It happened twice this week alone and the length of the mempool being at over 50,000 transactions will almost cover the whole week.

The hassle alone is not worth for the shop owners. It would be best for them to stick to what works best. Cash.


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OrangeSeller
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February 08, 2017, 08:15:49 AM
 #918

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.
As bitcoin is a way to conduct transactions through means of the internet and not cash most of the business owners will tin twice before considering to accept payment in btc rather credit or cash.

there is no transaction fees as such
Try explaining them about the benefits of bitcoin

nowadays explaining someone about bitcoin is not a big deal. internet is full of data, contents and details about bitcoin. thousands of websites wrote about bitcoin and it's benefits. so it should be easy for any adult person to get knowledge about bitcoin.

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TheUltraElite
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February 08, 2017, 08:49:51 AM
 #919

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.
As bitcoin is a way to conduct transactions through means of the internet and not cash most of the business owners will tin twice before considering to accept payment in btc rather credit or cash.

there is no transaction fees as such
Try explaining them about the benefits of bitcoin

nowadays explaining someone about bitcoin is not a big deal. internet is full of data, contents and details about bitcoin. thousands of websites wrote about bitcoin and it's benefits. so it should be easy for any adult person to get knowledge about bitcoin.

Of course if that adult has proper access to internet and let alone electricity as well. Grin

In our country most of the people are below poverty line. They will rob kill or do anything to earn cash and pure cash. They dont trust any cyber coin that floats in midair.

Its difficult to explain to them since they dont really care about it. They are poor and if they suspect you of scamming (which they obviously will since for them everything is a scam) - then they will run at you and murder you. So good luck with that Wink

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Superways
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February 08, 2017, 03:37:02 PM
 #920

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.
As bitcoin is a way to conduct transactions through means of the internet and not cash most of the business owners will tin twice before considering to accept payment in btc rather credit or cash.

there is no transaction fees as such
Try explaining them about the benefits of bitcoin

nowadays explaining someone about bitcoin is not a big deal. internet is full of data, contents and details about bitcoin. thousands of websites wrote about bitcoin and it's benefits. so it should be easy for any adult person to get knowledge about bitcoin.
Yes the knowledge about bitcoin is available everywhere but a person himself cannot learn about its benefits and cannot adopt it without the assistance of any other person. Because he will not know that the adoption of bitcoin will help that person in particularly his own business on which he is now and a person who is already in bitcoin know well that bitcoin is help full in almost every field and he can guide him to follow to that steps.

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