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Author Topic: Are you talking to merchants about Bitcoin?  (Read 186 times)
mikki14
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June 10, 2018, 03:43:10 PM
 #21

I sometimes talk to someone when taking a bus about butcoin. He noticed that I was browsing this forum and we also exchange some views about bitcoin and how helpful this forum is. It was really nice to tlak to some strangers that you have something in common.

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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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June 10, 2018, 03:46:55 PM
 #22

Indeed, you are right. WE have to discuss Bitcoin more for its introduction. The more is the presentation, its more request will increment. Accordingly, quite possibly the costs may likewise increment.
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June 10, 2018, 04:49:53 PM
 #23

Are you talking to your local merchants about Bitcoin?

Today I was buying a coffee at a local shop, cost $2.75. I hand over a card and the gal says, "sorry, do you have cash? We have a $5 minimum for cards...you know...fees." I said, "I only have $2." And the gal replied, that's fine.

So as they're pouring their finest for me I ask "Do you guys accept bitcoin?" And the gal says, "No, do people use that now?" Another gal walks up, "is that a thing?"

Best words I've heard all week. Of course, I come back with - "Yeah! It's a thing! It's great to use, you know...low fees." Then this gal mentions "some documentary about Bitcoin on Netflix, I guess I should watch it." I left them with, "It's called Banking on Bitcoin, check it out."

My point with all this extremely riveting dialogue ( Tongue) is that a simple question like "Do you accept Bitcoin?" turned into a full on conversation. The more each of talks about Bitcoin, the more we start to raise the local awareness, interest, and eventually adoption...the rest takes care of itself!

My honest opinion is that merchant adoption and trying to get people to use BTC for their daily purchases and such isn't particularly important for the success or failure of Bitcoin itself. No matter how you slice it, for the consumer, using a card with rewards and perks is going to be better. Sure the merchant takes the hit on fees. But the consumer also gets protection. Right now consumers have the advantage, and while merchants might like BTC better as it's better for them, trying to sell it to a population is difficult. Selling it to them as an investment asset makes more sense. Buy BTC for savings, spend your fiat.
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June 10, 2018, 07:20:04 PM
 #24

Basically most of them are don do this the users of crypto currency should tell about their coins also crypto world and we should encourage people and let them know about this coins facilities also this may helpful for all of us so its very common many people doesn’t know but we should let them know about this coins.
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June 14, 2018, 10:44:52 AM
 #25

not me just a beginner i do not know anything i just always learn to try to find out about bitcoin in the forum and try to become a member of a quality forum and able to master the world of bitcoin
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