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Author Topic: How can we encourage local businesses to accept BTC?  (Read 184770 times)
moneyangel
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March 01, 2018, 10:44:53 AM
 #1781

Perhaps, a good idea would be to give bitcoins to the development of a real business with the condition that the future company will be accept bitcoins as a payment for its services
As the price of bitcoin becomes more erratic and the high transactions cost will be a hindrance not to accept the local businesses into bitcoin. I think bitcoin will be a valuable commodity rather than a currency as we are now adopting that name to bitcoin.

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onebtcforlife
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March 01, 2018, 11:51:16 AM
 #1782

Perhaps, a good idea would be to give bitcoins to the development of a real business with the condition that the future company will be accept bitcoins as a payment for its services
As the price of bitcoin becomes more erratic and the high transactions cost will be a hindrance not to accept the local businesses into bitcoin. I think bitcoin will be a valuable commodity rather than a currency as we are now adopting that name to bitcoin.

Exactly, if we treat it as currency then it will really affect a lot of loss to the local business. Still, it is not suggestable to the local business person because he might afraid of graph ups and downs in short period of time. People who have ability to understand the market how Bitcoin works maybe he will accept Bitcoin as the payment method.
CarltonWyatt
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March 02, 2018, 12:52:08 AM
 #1783

We have to do what the weapon sellers do to congress. Lobby lobby lobby! I think we have to just ask them "can I pay in cryptocurrency please" eventually they will fomo into accepting crypto. This strategy would require a large portion of us to get active though which I can't see happening soon
etron
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March 02, 2018, 02:11:29 AM
 #1784

this is a good idea, for bitcoin users may be happy if you do business like that, but before starting it you have to hold a seminar in advance so that others know what the process is like, or you advertise on youtube, and promote in campaign about your business and people will surely be interested in what you offer.
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March 02, 2018, 05:19:50 AM
 #1785

I think we can tell them about value of btc, it will help their company save money, time, and maybe ensure safety transaction
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March 02, 2018, 08:19:07 AM
 #1786

one way is we have to approach the local businessman, we explain the excess bitcoin currency for payment system and business investment. it should be emphasized that bitcoin prices are currently experiencing unstable fluctuations, which is why local businesses are reluctant to choose bitcoin for payment or business investment, maybe in the coming years if bitcoin prices can be stable it is not impossible they can use BTC digital currency for their business.
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March 02, 2018, 09:39:12 AM
 #1787

one way is we have to approach the local businessman, we explain the excess bitcoin currency for payment system and business investment. it should be emphasized that bitcoin prices are currently experiencing unstable fluctuations, which is why local businesses are reluctant to choose bitcoin for payment or business investment, maybe in the coming years if bitcoin prices can be stable it is not impossible they can use BTC digital currency for their business.

Many people said that if bitcoin can be regulatize and control by governments or banks it can become stable but even though many countries has now accepting and legalizing bitcoin it is still unstable? and with that i guess bitcoin wont be stable anymore maybe becausw that is its real nature , satoshi was intendedly built bitcoin to become a highly volatile coin. but despite that, there were still many business and merchants that still accepts bitcoin as their payment partner.
human2021
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March 02, 2018, 11:01:34 AM
 #1788


Using bitcoin for purchases encourages mainstream adoption and will thusly contribute to the value of your long term holdings as well. If more businesses had the ability to accept bitcoin, it might encourage consumers to start obtaining and spending it.
burnato
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March 07, 2018, 03:43:18 PM
 #1789

Perhaps showing them the price of how btc goes down and raises back to get them confident into a cryptocurrency as i suppose right now because its digital,
people can't see the physical product they might just use back the original currency.
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March 07, 2018, 05:52:18 PM
 #1790

Before you want to advance bitcoin by buying and selling bitcoin first you introduce bitcoin for what And what does it do if people want to accept it and can use it in everyday life, that's the easiest way to advance bitcoi

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inthelongrun
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March 08, 2018, 09:09:24 AM
 #1791

Tell them about bitcoin. How bitcoin works and why it is better to use it rather than fiat. That bitcoin has its own secured but decentralized blockchain where everything is fixed and irreversible. Lastly bitcoin will continue to grow in prices as it will continue to expand its users.

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March 08, 2018, 10:23:19 AM
 #1792

It's actually very easy to get a local business to receive bitcoin, the first thing to do is to introduce bitcoin to people, once it's done then push the government to legalize bitcoin, if everything is done then local businesses will be able to receive payments using BTC ..
human2021
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March 08, 2018, 01:08:05 PM
 #1793

You can encourage local businesses to accept bitcoin by providing information to those local businesses.
For example you could hand out info flyers with information about bitcoin pros and cons for businesses and a link for more information. They have to get to know more about it before they will accept it.
supercanada1
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March 08, 2018, 08:36:56 PM
 #1794

Tell them about bitcoin. How bitcoin works and why it is better to use it rather than fiat. That bitcoin has its own secured but decentralized blockchain where everything is fixed and irreversible. Lastly bitcoin will continue to grow in prices as it will continue to expand its users.
It will be much better if you can convince your 2-3 friends and start some business in your community with acceptance of the crypto currencies, soon this new facility which you are providing will become the source of advertising for you and then you can give the real time example to the people in the community about how you are getting more profits than them while using the bitcoin. This will make a lot of people to understand the overall concept of the bitcoin.
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March 09, 2018, 02:00:08 AM
 #1795

hey there! i guess we need to show them how important and useful the money raised from activities (that use btc payments or a blockchain technology) could be . i am a firm believer in that that's why i'm investing in various ico now, for instance, vlb that is a storage with info on a car ownership, insurance, repair and maintenance records. the point is they try optimizing the car industry which is no doubt one of the most imporant ones.
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March 09, 2018, 12:25:23 PM
 #1796

hey there! i guess we need to show them how important and useful the money raised from activities (that use btc payments or a blockchain technology) could be . i am a firm believer in that that's why i'm investing in various ico now, for instance, vlb that is a storage with info on a car ownership, insurance, repair and maintenance records. the point is they try optimizing the car industry which is no doubt one of the most imporant ones.
I think that first of all, with the help of Bitcoin Gold, settlements are made for large services or goods at large cost. This does not apply to clothes or food. Although clothes can be quite expensive and a note can be bought. But due to the fact that bitcoin does not have a stable price, it will be very difficult to regulate the market, due to price fluctuations.
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March 27, 2018, 10:02:50 AM
 #1797

I think its important to find out what concerns local businesses might have about accepting altcoins and addressing these. They might be concerned about the losing profits or any legal implications this might have on their business.
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March 27, 2018, 09:03:22 PM
 #1798

I have found the main issue is to get solid banking behind btc payment processing.

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April 13, 2018, 05:12:52 AM
 #1799

We can try to introduce Bitcoin to them and explain how it works and how to make money. You can also advertise, through the website, through advertising.
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April 14, 2018, 06:43:25 AM
 #1800

tell them about bitcoin and blocking technology, if the owner of the enterprise wants to be better than others and modern he will take bitcoin.

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