How can we encourage local businesses to accept BTC?

[ivanst776]

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.

Firstly bitcoin is not much popular which means that there will not be much transaction in bitcoin.

And if they don't have any profit they wouldn't start so I will not encourage them now but after a year.

but actually they can get a profit with this if they target the market of bitcoin users and also it can give them great impact and exposure since only few merchant for now are accepting this coin, so if they will grab this oppurtunity well they can possibly get an free advertisement since their name will be stick to bitcoins fame if they accepted it, so thats why i think its win-win situation for online business sector to accept bitcoin since bitcoin craze are spreading globally.

There is win-win situation but not always, they should hire someone to maintain the bitcoin wallets, transactions and other stuff related to bitcoin and money.

They got mentioned in popular crypto news and it's true that they will get our support but the starting is the hardest.

[Skaven]

we should show them how the bitcoin works. we have to prove its existence and the big question ia that bitcoin price is so voilent

Yes the big problem not question is that the price is so volatile and all over the place, this is not assuring at all for any company so they wouldn't want to adopt it.
As the price gets more stable we can start to encourage them, they'd like the idea more and would see the benefits over the cons that bitcoin has.

[maudevang]

The good we do introduce it to people who do not yet know . Teach them how to use it and explain to them that bitcoin is a very fast way of payment . We should teach them step by step how to use it and how they can be converted into cash . The principle should be that many of them can be put to the bitcoin .

it is not that easy as you said. it needs a lot of planing and need team work, I can teach some peoples in my family or my street (same everyone can do) but we cannot change the overall situation.. using bitcoin is very easy but only at the web,
but when it comes to local businesses the situaiton will get change completely.. and it can be only possible if big companies get involved in it to promote bitcoin in local businesses,

Yes you are right just thinking about it we need a hard work plan before we introduce it in many businesses. Bitcoin is easy to use in web and i think the big companies their no time to do it so encourage local business to use bitcoin is not easy. Maybe do they own research if bitcoin become popular in all country.

The infrastructure of the bitcoin payment is not fully built yet, so the shops accepting the bitcoin is still very few.

Yes exactly first of all they have to improve the technology and keep improving. After that there has to be more advertising about bitcoin to get more people using it. Then also a requirement I think is to have a stable price. Stable prices or prices which only go up are very attractive to a business.

[shinratensei_]

we should show them how the bitcoin works. we have to prove its existence and the big question ia that bitcoin price is so voilent

Yes the big problem not question is that the price is so volatile and all over the place, this is not assuring at all for any company so they wouldn't want to adopt it.
As the price gets more stable we can start to encourage them, they'd like the idea more and would see the benefits over the cons that bitcoin has.

The company is considering, about the volatility of the price their the value of their product can decreasing for instantly and that is very bad for them maybe just waiting about if there are a tool can controlling or matching the price of the stuff and rate in the market for instantly maybe a lot of them will encourage bitcoin.

[BitFinnese]

Initially understanding about the digital currency as well it's alternates is a must for bitcoin acceptance on local businesses. Without understanding it implementing surely gets ended in loss. Better is to start on small scale trades and move on.

This is true, we should first establish the basic understanding of people about bitcoin.  While making them understand bitcoin we should emphasize the  strenght of and features of bitcoin that can be use for everyone's benefit. We don't need to defame the current financial system, doing so will just annoy some of the people.  We should at least tell  them how bitcoin and fiat money coexist and at the same time can tell them the potential earnings  using both.

[TastyChillySauce00]

we should show them how the bitcoin works. we have to prove its existence and the big question ia that bitcoin price is so voilent

Yes the big problem not question is that the price is so volatile and all over the place, this is not assuring at all for any company so they wouldn't want to adopt it.
As the price gets more stable we can start to encourage them, they'd like the idea more and would see the benefits over the cons that bitcoin has.

volatility of the price could be resolved by using bitcoin payment API that exchange the bitcoin equivalent amount to dollar directly when the bitcoin just received and being confirmed so there's no point worrying about volatility unless you're not using the API

[martinacar]

We can encourage local businesses by putting less pressure and showing more results. Showing results of the growth of bitcoin and how many people us it.
Once they see that they will decide by themselves that's it's a good move to implement bitcoin into their business as payment method.

[dunfida]

we should show them how the bitcoin works. we have to prove its existence and the big question ia that bitcoin price is so voilent

Yes the big problem not question is that the price is so volatile and all over the place, this is not assuring at all for any company so they wouldn't want to adopt it.
As the price gets more stable we can start to encourage them, they'd like the idea more and would see the benefits over the cons that bitcoin has.

volatility of the price could be resolved by using bitcoin payment API that exchange the bitcoin equivalent amount to dollar directly when the bitcoin just received and being confirmed so there's no point worrying about volatility unless you're not using the API

Thats right because no matter how volatile of the bitcoins price when you use API the conversion would be still the same and it equals to the  value  in dollar rate. If  any company would use it then there would be  no hindrance about price movements.

[serjent05]

There are lots of approach on how to encourage local businesses to accept bitcoin but the first move should be educating them.  You cannot just barge in and offer stuff and tell them use BTC or adopt BTC you will earn plenty using this.  This kind of approach open ended in a bad thing.  Simply by being consistent with educating people with bitcoin, showing possible venture they can do with bitcoin,  and telling the advantage without criticizing the current financial system.  This way we can earn the local business trust and may probably open their minds and heart to new venture with bitcoin.

[Bitcoinsummoner]

We can encourage local businesses by putting less pressure and showing more results. Showing results of the growth of bitcoin and how many people us it.
Once they see that they will decide by themselves that's it's a good move to implement bitcoin into their business as payment method.

Its depends of there business honestly business is always looking for more impressions if they service or business is not fit for bitcoins i think they can not accept bitcoin but they can try for the first time so that they know if it will work for their business or not..

[BitcoinPanther]

I think we can encourage local businesses by setting an example.  Instead of suggesting them to put up a merchant store for bitcoin, why not , if we have fund, put up a merchant store ourselves.  if we prove to them that it is very profitable using bitcoin  then they will automatically inquire about the new technology and then setup their own bitcoin accepting stores.

[crairezx20]

I think we can encourage local businesses by setting an example.  Instead of suggesting them to put up a merchant store for bitcoin, why not , if we have fund, put up a merchant store ourselves.  if we prove to them that it is very profitable using bitcoin  then they will automatically inquire about the new technology and then setup their own bitcoin accepting stores.

If you holding bitcoins we i think we are starting business just holding bitcoins.. so if we offer bitcoins in any company they should accept it to increase their leads or sales.. because many people right now are using bitcoins.

[South Park]

There are lots of approach on how to encourage local businesses to accept bitcoin but the first move should be educating them.  You cannot just barge in and offer stuff and tell them use BTC or adopt BTC you will earn plenty using this.  This kind of approach open ended in a bad thing.  Simply by being consistent with educating people with bitcoin, showing possible venture they can do with bitcoin,  and telling the advantage without criticizing the current financial system.  This way we can earn the local business trust and may probably open their minds and heart to new venture with bitcoin.

To show the business owners the pros of bitcoin without polarizing the topic is a good idea, I think but business owners care the most about a single thing, profit, right now I don’t think there is enough persons using bitcoin at the moment.

[JeanMcCoy]

The problem is not many people know about bitcoin, especially in my country. So, if a shop accepted bitcoin, it's like a useless move. Because nobody in my area using bitcoin.

Yes this is the number one problem alot more people have to know about bitcoin for bussinesses to accept them because if nobody uses them anyways why would they do the effort to implement them and learn about them. First get mass adopted then more stores accept.

[subhiii]

One of the strategy to let local businesses around your area get to adopt bitcoin is to present and introduce this to the one's who are definitely active in using the current technology.  Because they are the one's who is gonna demand for its market usage.   It is like inquiring to any establishment if "Do you accept bitcoins here?"  So if the demand goes higher then the local businesses will find ways to address the payment mode of the costumer.  So if possible you have to educate both.

[TastyChillySauce00]

The problem is not many people know about bitcoin, especially in my country. So, if a shop accepted bitcoin, it's like a useless move. Because nobody in my area using bitcoin.

Yes this is the number one problem alot more people have to know about bitcoin for bussinesses to accept them because if nobody uses them anyways why would they do the effort to implement them and learn about them. First get mass adopted then more stores accept.

well i should agree that it's such a useless move by implementing bitcoin as payment option when it's not really popular among people nearby the shop but if the shop just selling their stuffs online then bitcoin could be a little bit more useful because as you know,by selling online the shop could cover way wider buyers than only having offline shop so it's actually not a useless move

[Newcoins2020]

You can encourage your local business to accept BTC if you go to educate them about it. Also I agree with people maybe just not enough people use it or show that they use it. The business owners have to see the interest in bitcoin with their own eyes.

[praprata]

To encourage local businesses we have to encourage more people to use bitcoin. Why would shops do effort for it if they don't know what it is and people don't use it. Get it more well known, more used by people ( cause most just keep their money in btc wallet) and also educate the businesses about bitcoin.

[X-ray]

You can encourage your local business to accept BTC if you go to educate them about it. Also I agree with people maybe just not enough people use it or show that they use it. The business owners have to see the interest in bitcoin with their own eyes.

local business don't need you to educate them because they will learn about bitcoin if it's popular around them,they need people to buy their goods and whatever the payment option they really don't care as long they can make profit,they will use it whatever it's about

[Altynbekova]

Don't encourage them just let them decide by themselves with no pressure. We have to get bitcoin more known trough commercials etc.
If they see it trough ads they will look it up by their free will and they will see all the benefits and people using it so it will be very attractive.