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Author Topic: How can we encourage local businesses to accept BTC?  (Read 184287 times)
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February 09, 2017, 07:14:08 AM
 #921

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.

Try talking about BTC to your friends or your local shops. You will see the same eye rolling and gaping with their mouth open. Those people will think that youre crazy. We know all the information is available online theres no shortage of it. Everyday something new is available. What we do have a shortage on is a supply of smart people who will try to listen and understand.

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February 09, 2017, 09:22:16 AM
 #922

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.

Try talking about BTC to your friends or your local shops. You will see the same eye rolling and gaping with their mouth open. Those people will think that youre crazy. We know all the information is available online theres no shortage of it. Everyday something new is available. What we do have a shortage on is a supply of smart people who will try to listen and understand.

I have had this similar experience myself and ended up making myself a laughing stock among my friends. They think that its a hoax and that bitcoin is made to steal people money when they buy bitcoins. They think its related to hackers and other creepy people who are trying to hack into their bank accounts.

Gaining trust in people is a very tough job. For them bitcoin will remain a scam type of money.

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February 09, 2017, 12:41:02 PM
 #923

For this, at first you need to have active bitcoin users in real life because if people don't know it, you can't encourage local business to accept btc. At first here is a need of bitcoin's popularity, well it's not easy job but internet makes great actions for that, many people gets information from blogs, news websites and etc. At last, I want to say, if they won't accept bitcoin, they smally affect their business. <-- that's main reason why they have to accept.

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February 09, 2017, 12:51:35 PM
 #924

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.

Try talking about BTC to your friends or your local shops. You will see the same eye rolling and gaping with their mouth open. Those people will think that youre crazy. We know all the information is available online theres no shortage of it. Everyday something new is available. What we do have a shortage on is a supply of smart people who will try to listen and understand.

I have had this similar experience myself and ended up making myself a laughing stock among my friends. They think that its a hoax and that bitcoin is made to steal people money when they buy bitcoins. They think its related to hackers and other creepy people who are trying to hack into their bank accounts.

Gaining trust in people is a very tough job. For them bitcoin will remain a scam type of money.
Hackers every where, they are currently hacking into thousands of bank accounts and pay them millions of dollars instead of taking their money.
There is absolutely no link whatsoever between a bitcoin transaction and bank accounts other than when you sell btc to someone they could send to your bank or pay you in cash. how is that for preventing theft? those are just lame excuses of lazy people not wanting to use their brains.

Only thing that could lead to merchants and local businesses to adopt bitcoin payment is for us to demand and demand as well providing them with detailed information on how to setup every thing perfectly to receive the coins and then either hold for profit in future or sell immediately after receiving, but the problem comes to the light when they try to use payment processors and their high fees takes away the incentive.

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checkmatesir
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February 09, 2017, 01:15:44 PM
 #925

For this, at first you need to have active bitcoin users in real life because if people don't know it, you can't encourage local business to accept btc. At first here is a need of bitcoin's popularity, well it's not easy job but internet makes great actions for that, many people gets information from blogs, news websites and etc. At last, I want to say, if they won't accept bitcoin, they smally affect their business. <-- that's main reason why they have to accept.
but I think if first local businesses start accepting bitcoin than the real life users will use bitcoin. because if there will not be any use of bitcoin why they get btc.. when people see a Bitcoin Accepted Tage in a door of a shop. they'll know bitcoin is accepted there and they'll come there to spend their bitcoins..

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February 09, 2017, 01:24:29 PM
 #926

For this, at first you need to have active bitcoin users in real life because if people don't know it, you can't encourage local business to accept btc. At first here is a need of bitcoin's popularity, well it's not easy job but internet makes great actions for that, many people gets information from blogs, news websites and etc. At last, I want to say, if they won't accept bitcoin, they smally affect their business. <-- that's main reason why they have to accept.

its really hard convincing local businesses to use this system because most of them is not familiar with this type of currency convincing them needs to be more tricky like showing them whats the benefits of fluctuations and how much earnings that they got if they start bitcoin service for sure because its new and there non competition they will be visited with bitcoin holders from that such place.

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February 09, 2017, 01:30:24 PM
 #927

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.
Despite the large volume of information, there are people who take a long time to get to know the cryptocurrency. I think this is due to the fact that there are few mainstream communication channels that cover this technology, unfortunately most of these sites only transmit the information to people when Bitcoin is climbing a lot in value.
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February 09, 2017, 01:46:25 PM
 #928

It depends on where you are and if the local business works online or just offline. I have a few places around me and I want them to accept BTC but they do not even use internet. It is a really tough sell for them. On the other hand, if its a online store and you know the owner then tell them how bitcoin is growing and how it is the future of currency. Would be helpful for him as well especially if he gets some orders internationally.
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February 10, 2017, 12:14:50 PM
 #929

It will be very easy for us to explain to people who wants to setup online shop selling their product for bitcoin. We have explain the benefits that he is going to get with bitcoin and at the same time we have to help him to learn about bitcoin trading. Bitcoin acceptance is a good idea but the price is varying so he may face some looses when price decreases, so we have to train him about trading in this way he may convince about it.


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February 10, 2017, 12:21:50 PM
 #930

It will be very easy for us to explain to people who wants to setup online shop selling their product for bitcoin. We have explain the benefits that he is going to get with bitcoin and at the same time we have to help him to learn about bitcoin trading. Bitcoin acceptance is a good idea but the price is varying so he may face some looses when price decreases, so we have to train him about trading in this way he may convince about it.

Explaining is very easy, but convincing them to use bitcoin is the hard part. I am sure that there will always be a hesitation from merchants side as this is new to them and most probably telling them about trading would just make them think that it is risky. I think it should be told when they are already using bitcoin. They should know first that the price of bitcoin fluctuates a lot, so they won't regret it later on that they accept bitcoin.

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February 10, 2017, 03:41:10 PM
 #931

For this, at first you need to have active bitcoin users in real life because if people don't know it, you can't encourage local business to accept btc. At first here is a need of bitcoin's popularity, well it's not easy job but internet makes great actions for that, many people gets information from blogs, news websites and etc. At last, I want to say, if they won't accept bitcoin, they smally affect their business. <-- that's main reason why they have to accept.

its really hard convincing local businesses to use this system because most of them is not familiar with this type of currency convincing them needs to be more tricky like showing them whats the benefits of fluctuations and how much earnings that they got if they start bitcoin service for sure because its new and there non competition they will be visited with bitcoin holders from that such place.
This is something that, in fact, will depend more on users. Some merchants may not even be interested in decentralization, but certainly they care about profit, so if they realize that there is a high number of active Bitcoin users, they would certainly have an incentive to adopt the currency. If the merchant did not take such measure, the merchant would be at risk of losing customers to a competitor who would use Bitcoin.
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February 15, 2017, 12:37:01 AM
 #932

i think by Next 5 year 99.9% companies will accept Bitcoin  Wink
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February 15, 2017, 01:46:42 AM
 #933

Yes we can encourage local businesses to accept bitcoin by means of letting those business owners to register at online wallet of bitcoin and fiat currency exchange. He/she will appreciate the advantages and usefullness of digital and fiat currency in terms of fast service and low transaction fees. In that aspect of bitcoin overview that online wallet that he/she will be using is a mediator of any currency that will be paid or converted as form of payment which can cash out as profit to them, through recommended bank.

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February 16, 2017, 12:42:09 PM
 #934

You could also make flyers with info on it linking them to a website that has info about bitcoin

You could hand them out personally and talk to them, give them a short explantion as to why you support bitcoin
Yeah flyers and handling them o personally will help you alot in encouraging local businesses to accept bitcoins payments

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rekinthis
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February 16, 2017, 03:48:53 PM
 #935

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 there is alot of information about bitcoin in the internet, but problem is that there is too much of information, and when people try to find information about them they simply get lost, they can find what is bitcoin pretty easily but nothing more. And this will happen till someone will create ads/shows about bitcoins and show them to people using tv, that's how we can encourage people and businesses to use bitcoins
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February 16, 2017, 06:18:05 PM
 #936

Yes we can encourage local businesses to accept bitcoin by means of letting those business owners to register at online wallet of bitcoin and fiat currency exchange. He/she will appreciate the advantages and usefullness of digital and fiat currency in terms of fast service and low transaction fees. In that aspect of bitcoin overview that online wallet that he/she will be using is a mediator of any currency that will be paid or converted as form of payment which can cash out as profit to them, through recommended bank.

Everything is fine, I have a doubt about how in bitcoin we can manage the taxes and payments which involves the legalized platform in decentralized currency. Then all kind of payments would against legal rules right. I think first we need bitcoin to accept by government then only your view possible in real life.
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February 16, 2017, 09:00:50 PM
 #937

This is a mammoth task convincing local businesses but the best easy targets should be those that provide digital content that might be easy targets for charge backs and fraud, and introducing them to bitcoins should cut down on those scams to zero which should be a huge benefit to use btc!


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February 17, 2017, 08:06:13 AM
 #938

Yes we can encourage local businesses to accept bitcoin by means of letting those business owners to register at online wallet of bitcoin and fiat currency exchange. He/she will appreciate the advantages and usefullness of digital and fiat currency in terms of fast service and low transaction fees. In that aspect of bitcoin overview that online wallet that he/she will be using is a mediator of any currency that will be paid or converted as form of payment which can cash out as profit to them, through recommended bank.

Ok then who will be their customers thats using BTC? Its already hard to start a Bitcoin accepting online shop because most BTC hodlers would select to keep their coins or sell it for cash because its more convenient for them than buying stuff directly with BTC. Theres no need for your local shops to accept BTC.

Do this. Name what local shops in your area should accept BTC and discover why havent they accepted it.

https://www.burst-coin.org/proof-of-capacity - Ensuring Maximum Fairness And Trivial Energy Consumption
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February 17, 2017, 12:23:52 PM
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Yes we can encourage local businesses to accept bitcoin by means of letting those business owners to register at online wallet of bitcoin and fiat currency exchange. He/she will appreciate the advantages and usefullness of digital and fiat currency in terms of fast service and low transaction fees. In that aspect of bitcoin overview that online wallet that he/she will be using is a mediator of any currency that will be paid or converted as form of payment which can cash out as profit to them, through recommended bank.

Everything is fine, I have a doubt about how in bitcoin we can manage the taxes and payments which involves the legalized platform in decentralized currency. Then all kind of payments would against legal rules right. I think first we need bitcoin to accept by government then only your view possible in real life.
I agree with you, Bitcoin's cureency is legal. Taxes abd payments can be added by a country's government if they want through giving taxes for every single transaction, cashing in, and cashing out. Some government support Bitcoin already to be used in legal business purposes and payments for online transaction. It's indication that Bitcoin has a future in the market.

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February 17, 2017, 03:53:23 PM
 #940

Yes we can encourage local businesses to accept bitcoin by means of letting those business owners to register at online wallet of bitcoin and fiat currency exchange. He/she will appreciate the advantages and usefullness of digital and fiat currency in terms of fast service and low transaction fees. In that aspect of bitcoin overview that online wallet that he/she will be using is a mediator of any currency that will be paid or converted as form of payment which can cash out as profit to them, through recommended bank.

Ok then who will be their customers thats using BTC? Its already hard to start a Bitcoin accepting online shop because most BTC hodlers would select to keep their coins or sell it for cash because its more convenient for them than buying stuff directly with BTC. Theres no need for your local shops to accept BTC.

Do this. Name what local shops in your area should accept BTC and discover why havent they accepted it.

I doubt that there would be a reasonable reason why should they accept bitcoins. Local shops would always have local customers that have local fiat. Only reason for a local shop to accept bitcoins is if there's a lot of tourists coming to his shop. Example of this is in Hawaii, tourists all over the world are there and using bitcoins would save customers the hassle to convert their money to your local currency. Same advantage to you, you wouldn't have to convert their money to your local currency before you can use it.

In other words, bitcoin is the only true universal currency and a local shop would only be needing to accept bitcoins if they have customers from all over the world.

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