Bitcoin adoption: Don't just sit down, do something

[ranman09]

If your country allows it and you can manage the volatility today then why not? I think this is one of the best methods to actually amplify the noise of the usage of bitcoin.

[Kakmakr]

I have done something similar with quite a few merchants and shops in my area and it has paid off in the long run. We are hosting several Bitcoin evenings <meetups> at one of our local bars, where the owner accepts Bitcoin payments. It has been so successful that other bars have contacted us to ask if we can have these events at their bars too. 

A lot of small fires, will start a wild fire that would become uncontrollable.    <Just do your small part and ask, you have nothing to lose> 

[tbossmitche]

I couldn't agree more with you more on this, to enhance widespread adoption of cryptocurrencies, we all have our role to play. However, the bitter truth is that the so called whales wouldn't be interested as they benefit a lot from keeping cryptocurrencies (especially Bitcoin) where it is at the moment. Some people are simply involved in trading and making cool profits through price fluctuation. This post actually did serve as a wake up call. It is not about talking, but doing.

[Atheneum Blockchain]

Perhaps, the answer also comes from the specialization of altcoins and being able to trade between coins used in different industries for specific needed purposes.

The value that is assigned to each coin is assigned by its community and their participation, which is then relative to another coin.

As this industry grows so too do all the values. We are now at the edge of not relating coins to fiat currency but only to each other and this is a very good step.

[nizamcc]

Your story inspires me.
But it's not simple as it seems for the first.
Firstlt, the use of cryptocurrency is illegal in many countries. What to do with it? To promote cryptocurrency and go to jail for it?
Secondly. It's difficult. Who would not say, but to use BTC or ETH for small transactions is stupid and meaningless. It is not suitable for this.

[imstillthebest]

Both ETH and BTC have huge fees from time to time and I can't in good faith recommend them to anyone.

not all times . they are only expensive when their value is also high but thesedays tx fees are freakin cheap . thats why using btc or eth isnt really a headache .

I made the mistake of recommending BCH to merchants, but the hash war destroyed its stability, too.

bch didnt ever become stable because bch is still a crypto and all cryptos will always be volatile  . but your recomendation is good , bch is more lighter and has a smaller fee compare to eth and btc  .

I am also a merchant and would love to accept crypto payments but the volatility is one issue for me.

thats good if you will  add the suport of crypto payments but you must adjust your pricing depending on the current value of the coins so that you wont loose . 

[ribowo76]

Personally, I basically want to do as you do. But unfortunately, there are restrictions for cryptocurrency in my country. There is a rule from the central bank which states that only fiat money is a legitimate payment instrument. That was a problem for us

[.gustafson]

At the moment I'm thinking about creating a specialized online store (for the first time), where Bitcoin will be the main payment method. I think about details, but it seems to me this idea will more than pay off. In addition, it is a great contribution to the development of Bitcoin.

[Ridwan Fauzi]

I will do something as I can. I can't force someone to use bitcoin, they have their own assessment of something new. I once promoted bitcoin on my insta story, but no one was interested and even no one asked me about it. Perhaps, in the next few years when payment instruments are more popular using virtual money, I'm sure it is a gap for someone to know bitcoin.

[Dudeperfect]

Well, improving ground level use of cryptocurrencies for day to day transactions is the intention of the creator but sadly we are involved in speculation so giving second priority to the fundamental aspect of decentralized cryptocurrencies. I do see transaction fee as a barrier for day to day transactions because most of the things of daily needs are available at the cost of the Bitcoin transaction fee in my country so we need to find some better solution to optimise the usage of cryptocurrencies and improve the utility value of it.

[marjil]

Well i think that is a good idea.A lot of investors who have little shops, or little businesses , like the man with a barber shop can accept the payment in BTC and and let other people know about the existence of this coin and make Bitcoin useful in everyday situations.

by marketing bitcoin to the public it will greatly help the spread and adoption, in the near term I will make a service business,
and I am ready to accept payments with bitcoin, at least that will give little help to bitcoin

There's no harm in setting up businesses and then accepting bitcoin as a form of payment. Obviously most people don't use bitcoin so you would not make as much money if you decided to restrict payments just to bitcoin.

[Escf4]

Bitcoin adoption, the good things we can do for bitcoin is really good for bitcoin and cryptocurrency, I will continue to support bitcoin  and scattered every news about bitcoin to other friends through social media, and encourage them to invest and join bitcoin, and so for this let us support amd promote bitcoin to be more popular than ever.

[ynatopak14]

We all want bitcoin to be globally adopted right, you want to be able to use your bitcoin as a currency to buy foodstuffs, goods or service in your local community then what are you doing to encourage that? No one here can tell me that he/she hasn't sold anything before, so you have no excuse of not accepting bitcoin in exchange for what you sold be it your books, gadget or anything salable expect you never knew of bitcoin then.
I walked into my barbers shop yesterday then notice something was different (i took a closer look at what was printed on the A4 paper pasted on the notice board and it reads "We now accept Bitcoin & ETH as payment options" it went on to explain that ETH will be accepted for the $2 and below fees and bitcoin accepted for fees above that. It gave me joy because I was the one who introduced him to bitcoin few years back. As an act of encouragement I have promise to promote his business both online and in popular blockchain related gathering I attend.
Few of my previously sold gadget monetary value were received in cryptocurrency and i have come to realize if we want the world to take us seriously we have to act ourselves so I'm encouraging the service providers and others we have on forum to start accepting bitcoin, charity begins at home.  

I am agree with your opinion. We are just small community who has no any power over big governments which have all resources for accepting new laws. Few years back everything was different and enjoyable. Everyone want to take profit from markets so no need to force this community.

Bitcoin reached the demand it needs and the market showed the price of it.
This is so hard for some sectors especially banks and government.
Many government seen the power of BTC and they need to step forward to regulate the currency "BTC".
Before it gets too late to control. there are big  amount in risk if they will let this one go with out any regulation which government can earn.

[buwaytress]

Good to see that people are thinking like this. Me, personally, I've got nothing against people who have Bitcoin and support it, but don't ever really use it. That's perfectly fine for me. I like to think I'm doing the best I can, every small effort I make where I successfully spend bitcoin instead of "regular money", I feel happy and satisfied knowing I've done my very small part for adoption.

I would like to say here also that a little bit of awareness can go a long way too. Whenever we can, remind people that storing Bitcoin at exchanges, or on Coinbase wallets, aren't really the same as owning and using Bitcoin. Also, using Bitpay or 3rd party processors - yes, it's convenient, but that's also a step away from true Bitcoin adoption. Always encourage actual bitcoin transfer, from peer to peer, from buyer to seller, without any 3rd party involved. Even if it's just a few cents worth, it's something and the way it was intended.

[johnny508]

We all want bitcoin to be globally adopted right, you want to be able to use your bitcoin as a currency to buy foodstuffs, goods or service in your local community then what are you doing to encourage that? No one here can tell me that he/she hasn't sold anything before, so you have no excuse of not accepting bitcoin in exchange for what you sold be it your books, gadget or anything salable expect you never knew of bitcoin then.
I walked into my barbers shop yesterday then notice something was different (i took a closer look at what was printed on the A4 paper pasted on the notice board and it reads "We now accept Bitcoin & ETH as payment options" it went on to explain that ETH will be accepted for the $2 and below fees and bitcoin accepted for fees above that. It gave me joy because I was the one who introduced him to bitcoin few years back. As an act of encouragement I have promise to promote his business both online and in popular blockchain related gathering I attend.
Few of my previously sold gadget monetary value were received in cryptocurrency and i have come to realize if we want the world to take us seriously we have to act ourselves so I'm encouraging the service providers and others we have on forum to start accepting bitcoin, charity begins at home.  

I totally agree with you because we all know bitcoin is a decentralized currency which has no centralized party to make it successful so as users we are the only people that can decide its future to be bright and successful or not so we are the only people who has the power to make bitcoin expand in the financial and non financial world through adoption by contributing as a community to make it more usable as a currency not just as a investing asset by implementing more options to use it as a means of payment in the real world

[deisik]

We all want bitcoin to be globally adopted right, you want to be able to use your bitcoin as a currency to buy foodstuffs, goods or service in your local community then what are you doing to encourage that? No one here can tell me that he/she hasn't sold anything before, so you have no excuse of not accepting bitcoin in exchange for what you sold be it your books, gadget or anything salable expect you never knew of bitcoin then

I'm afraid it doesn't work that way

Neither is it supposed to work that way, strictly speaking. When you want to sell something and offer it for selling, it is called a buyer's market, i.e you can't demand someone to pay in something other than an established means of payment used in your quarters. Otherwise, it wouldn't be a sell but rather an exchange of things. In this case, you would be striking a barter deal like an exchange of apples for oranges

On the other hand, if you are given a choice as you describe further in your post, that would be a different situation since you are not being limited in your payment options

[wxa7115]

It is not that easy in the past I tried to convince people of joining bitcoin and I failed but then when they saw bitcoin going up in price all they wanted to know was where to buy it so they could earn money with it, I refused to help them since I knew that if they were only interested in making money they will lose it if they did that, my friends were not very happy with my response and then the price crashed, they understood that I did it to protect them but I still had to endure several weeks of difficulties.

So while trying to make people adopt cryptocurrencies seems like a good idea it is not as easy as many people think since any losses that are caused by people following your advice will make your relationship very difficult.

[Marbelli]

Be sure to maximize the promotion of Bitcoin to the masses, as it is quite likely that this will help it to scale.

[pixie85]

I would love to encourage people to accept cryptos as a payment option, but if I try to do it, I will be arrested by Police because bitcoin or any other cryptos are notified illegal tender in my country. Can you do something about it? No!

Don't just blame the community! Try to know why they are not able to help in the adoption process! Majority of them are legally bound like me!

99% of the world has a neutral or positive stance towards Bitcoin. You are in a very small group of people that not only can't formally use Bitcoin but can also get arrested for doing it. There are some crazy places like Venezuela where police steals mining equipment and arrests people for mining but it can't be treated like something normal.

Most people aren't doing anything because they aren't paid to do so. Are we to take a day off and walk around town persuading merchants to use Bitcoin?

[Finestream]

Be sure to maximize the promotion of Bitcoin to the masses, as it is quite likely that this will help it to scale.

I think i have promoted bitcoin in my own way.I used to share ideas about bitcoin with my family,relatives and even closest friends.Some of them may seem to be interested while others just ignore about it.So i just told them if you want to make sure if bitcoin is legit,you can try to make some studies about it by reading related articles available in the internet.