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Author Topic: How can we encourage local businesses to accept BTC?  (Read 184770 times)
BUK2016
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October 30, 2017, 08:16:38 PM
 #1481

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.
Well, all what the local retailers need is education of what Bitcoin potential is all about and other crypto currency has in stock if they should invest start accepting Bitcoin as a mode of payment in there various shop's and the rest of them.
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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October 30, 2017, 10:15:19 PM
 #1482

I would rather emphasize the uniqueness of using btc vs fiat currency. Well for local businesses, they should know how bitcoin works in real life, It is fast, It decentralized, It is globally accepted and its value continues rising,  Just like my friend encourage me about using btc trigger us to be millionaire someday, then this method might be effective to them.Smiley

It's a good that you'll emphasize the uniqueness of using bitcoin. And you have to firm and strong while explaining that to the businesses because just like these days, there are so many scam websites that can destroy the trust of those businesses and it will affect each and everyone of us so that's really a trial to someone that's going to encourage a local business to accept bitcoin.
its hard to explain what bitcoin is for those who dont know, especially in country which not support bitcoin, most people outside crypto world may treat bitcoin as a pyramid, so i think the first should be the government announce that bitcoin is legal
It's hard to explain it to them if they don't have the willingness to listen what bitcoin is. Well bitcoin has been degraded but those people that are remaining in bitcoin and those local businessmen who are believing to bitcoin will be benefiting to it. And if those people you are talking about bitcoin and not willing to listen, just forget about them and don't push them into bitcoin.
This is actually the hardest part on where you do try to convince those people but yet they do just easily neglect you because they are not interested at all.Its really a frustrating thing but you cant blame them since we do have our own minds regarding on things as long we do already took our part on sharing then it would be just fine.It would really depend if they would accept it or not.If they pass then they did let the opportunity on earning profits in future.

The only hardest part is always the beginning of something but once you've established yourself well on introducing and convincing businessmen about adoption to bitcoin. The next part of your introduction to the other businessmen will be easy, you'll deal with those people that are not really interested but wants to hear you out but don't get pissed off to them just do your best and explain everything you know.



 

 

 

 

 

 


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October 31, 2017, 02:38:36 AM
 #1483

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.



Faster and cheaper? I think you will just going to upset those local merchants because you are lying. Just tell them that bitcoin is going to be the main currency of the future and many countries are accepting and adapting it.
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October 31, 2017, 05:44:50 AM
 #1484

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.



Faster and cheaper? I think you will just going to upset those local merchants because you are lying. Just tell them that bitcoin is going to be the main currency of the future and many countries are accepting and adapting it.
I'll help with own my thought about faster and cheaper. Faster in a way for transactions as the most popular way of paying is through PayPal and it takes a lot of time there before your payment. In bitcoin, it will only take a couple of minutes with the regular transaction. With cheaper, the fee is cheaper than PayPal when sending and also with other remittance services.

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October 31, 2017, 05:59:46 AM
 #1485

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.



Faster and cheaper? I think you will just going to upset those local merchants because you are lying. Just tell them that bitcoin is going to be the main currency of the future and many countries are accepting and adapting it.
I'll help with own my thought about faster and cheaper. Faster in a way for transactions as the most popular way of paying is through PayPal and it takes a lot of time there before your payment. In bitcoin, it will only take a couple of minutes with the regular transaction. With cheaper, the fee is cheaper than PayPal when sending and also with other remittance services.
if bitcoin can establish or have some grounds regarding to its fluctuations I think more people will use this for transacting their money, the only problem now is the volatility of its value if this trend continue the adoptions will still be in slow face but if this will be resolved for sure more businesses will adopt the system.
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October 31, 2017, 06:37:36 AM
 #1486

Every time goes by some of countries starting to build a learning about bitcoin technology i think in the near future bitcoin will be more popular around the world and each country will build their own digital system to accept bitcoin then that is the time to encourage small business to make a step to accept bitcoin as part of their business its hard for now because bitcoin is not yet fully legalized that is why we need to wait for the moment that all people know about bitcoin.
Obviously, it is going to be more popular at the end. I have been reading so many technology news and I have been seeing so many innovations going on lately revolving around the blockchain technology and apparently, more will keep coming as we keep moving on, which would make the crypto space become an easy usage in real life terms.

This is good for the development of bitcoin and makes it even more unstoppable by the governments.

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October 31, 2017, 10:51:48 AM
 #1487

To encourage local businesses to accept BTC, you need to find out about the development model of that business. If business is paying high security, bitcoin is the right choice. If there are incentives, discounts will stimulate them to give bitcoin as a method of payment.
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October 31, 2017, 12:20:04 PM
 #1488

In our local country our other local business accepted bitcoin because we have called coins.ph maybe they know about bitcoin too because all the banks there we can transfer money with wallet coins. ph. For others who do not know about bitcoin they simply need to understand the content of bitcoin maybe the seminars will also be able to conduct what are the benefits they will get with bitcoin. Because bitcoin is too complicated so you need to apply for a study to better understand bicoin.
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October 31, 2017, 03:06:58 PM
 #1489

I think it is very difficult because the countries in the world have only a few countries to recognize the existence of bitcoin and very few policies support it but if you want you to make a proposal With the local business you are in, you want to pay by bitcoin if they agree, we can exchange payment method instead of cash you will pay by bitcoin.
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October 31, 2017, 04:49:09 PM
 #1490

Every time goes by some of countries starting to build a learning about bitcoin technology i think in the near future bitcoin will be more popular around the world and each country will build their own digital system to accept bitcoin then that is the time to encourage small business to make a step to accept bitcoin as part of their business its hard for now because bitcoin is not yet fully legalized that is why we need to wait for the moment that all people know about bitcoin.
It is going to happen for sure because the value and the popularity of the bitcoin is increasing more and more in the future and it is the time be the most rich person of the world. The value and the price of the bitcoin is now getting high and the price of the bitcoin will be the best thing in the future, I like to have the bitcoin and get in the bitcoin for the long time so get in the bitcoin and buy the more to encourage the other people.
You are right the price is increasing and it is the best business for a lot of the people the bitcoin income is the good source for all the people because as much as this time you will invest in the bitcoin you will get the profit and the income and the other resources for the bitcoin will be there for you. I am very happy to buy the bitcoin and to hold till the price of the bitcoin it will grow more and more as the best business.

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November 02, 2017, 03:14:31 AM
 #1491

I suppose that the best idea I can think of is you build a business like a buy and sell store and then post it in your banners that you accept btc. It would be a good start and then more and more merchants will be encourage to follow what you did.
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November 02, 2017, 01:06:32 PM
 #1492

Every time goes by some of countries starting to build a learning about bitcoin technology i think in the near future bitcoin will be more popular around the world and each country will build their own digital system to accept bitcoin then that is the time to encourage small business to make a step to accept bitcoin as part of their business its hard for now because bitcoin is not yet fully legalized that is why we need to wait for the moment that all people know about bitcoin.
It is going to happen for sure because the value and the popularity of the bitcoin is increasing more and more in the future and it is the time be the most rich person of the world. The value and the price of the bitcoin is now getting high and the price of the bitcoin will be the best thing in the future, I like to have the bitcoin and get in the bitcoin for the long time so get in the bitcoin and buy the more to encourage the other people.
You are right the price is increasing and it is the best business for a lot of the people the bitcoin income is the good source for all the people because as much as this time you will invest in the bitcoin you will get the profit and the income and the other resources for the bitcoin will be there for you. I am very happy to buy the bitcoin and to hold till the price of the bitcoin it will grow more and more as the best business.
Yeah now all the people are aware of the bitcoin price and the profit, I hope in the future all the people will start the business with the bitcoin and the value of the bitcoin will be more than this if the local businessmen will invest in the bitcoin and they will trust the bitcoin and will take the risk of the bitcoin at the same time I hope this will make the bitcoin better than before and all the people will invest in the bitcoin.
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November 02, 2017, 03:26:15 PM
 #1493

I can encourage local merchants to accept the bitcoin as money,first i explain about the bitcoin uses and details of transactions.i give clear debate on bitcoin and i will show with examples.
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November 02, 2017, 09:43:54 PM
 #1494

Encouraging local business to use bitcoin would be really hard though because most of them even didn’t heard about bitcoin and   they would surely refuse to use it. Convincing them would really a problem though except to those merchants who already accepts bitcoin as   a payment. But still I believe that this adoption would really spread all over the world.
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November 03, 2017, 08:42:55 AM
 #1495

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.
Well, all what the local retailers need is education of what Bitcoin potential is all about and other crypto currency has in stock if they should invest start accepting Bitcoin as a mode of payment in there various shop's and the rest of them.
Local business mans should know that there are many  opportunity in bitcoin and bitcoin can lead them  to profit. as they start accepting  bitcoin the will get high profit and also if they hold then they will earn also from bitcoin price increase.

Business mans will have large amount to invest in and they will also get big investors to support them. They can earn more profit than stocks in bitcoin and its exchange and the income will always increase in the future.

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nagatraju
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November 03, 2017, 01:26:51 PM
 #1496

Firstly, we need to explain to investors how cool and convenient it is to use bitcoins in working with their business, where they need so little time to work with every transaction and that the time it takes to complete one transaction effectively using bitcoins rather than physical currency...but it's not so easy so far ... bitcoin is not so common ... only really far-sighted businessmen will see a good idea in this

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November 04, 2017, 12:19:34 AM
 #1497

if you are targeting for a local business then you should first ensure btc interest locally, whether there has many miners or btc users as they will eventually make the business grow.

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November 04, 2017, 01:58:22 AM
 #1498

Now bitcoin name is spreading compare with last few months and the awareness of cryptocurrencies is very much noticeable and people are looking into it now keeping mind of future money transactions. About encourage local businesses to accept Bitcoin is not that much problematic now the local exchange are making our life more easy to convert bitcoin in local currencies. So expecting in near feature every business people will associate with bitcoin for their payments.

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November 04, 2017, 03:30:29 AM
 #1499

It will take more few years to bring people on track to accept bitcoin for their business. I am having building material shop in India and I am planning to accept bitcoin but I am not having Idea of how to create this as I am very much happy about bitcoin performance so I got the thought of bitcoin acceptance in my own business itself. Let me work on it I believe I will be establish this as soon as possible.

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November 04, 2017, 04:48:51 AM
 #1500

Local Retailers are difficult to be convinced, my only suggestion is that maybe you should let them try Bitcoin Transacting. For Example: introduce them a secured wallet site where they are going to put the amount of Bitcoin, But First Make a Demonstration on how is it able to process in Legit way.

I think you should target local Retailers who Has Advertisement Through Internet because if they are your First costumer and your Plan runs smoothly and would be successful then it is easy to convince others retailers also.
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