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Theoboy (OP)
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December 25, 2020, 03:56:05 PM
 #1

I work in a small business , so earlier this month I talk to my boss about the idea of introducing bitcoin as a means of payment in our work, I gave him so articles to read on about bitcoin and how it works , after much explanation he came to an agreement to introduce bitcoin into the business for  the Christmas period and if it works out he will accept it.
 We open a wallet and we are open for business and now accepting Crypto payment.
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December 25, 2020, 04:00:15 PM
 #2

That's great! You value the bitcoin even more this Christmas and I hope you will become successful so that you can help to spread bitcoin to other people and those who want to use bitcoin as payment in that business can use it. And also, I like the attitude of your boss towards bitcoin, very open minded.

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December 25, 2020, 04:14:54 PM
 #3

Appreciate your efforts, I hope the article you have shared with your boss about Bitcoin covers both the positive and negative sides of bitcoin's, accepting payments in terms of bitcoin is really good until you convert the received payment into a stable coin to avoid fluctuations.

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December 25, 2020, 04:15:56 PM
 #4

Gradual process aims to perfection,nice news and thumbs up to you to advice ur boss on bitcoin, I hope it turns out well .kudos again
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December 25, 2020, 04:16:57 PM
 #5

That is welcoming news, at least your boss is open minded and willing to try this so called crypto and blockchain technology. You said you are a small business, and for sure your customers will be surprised to find out that bitcoin is one of your payment method.

And this could arouse interest on some of your clients as well. So better be prepared to answer questions as well and just maybe you can sway some of them to invest on bitcoin as well, win-win for both bitcoin market and your company as well.

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December 25, 2020, 05:02:13 PM
 #6

I work in a small business , so earlier this month I talk to my boss about the idea of introducing bitcoin as a means of payment in our work, I gave him so articles to read on about bitcoin and how it works , after much explanation he came to an agreement to introduce bitcoin into the business for  the Christmas period and if it works out he will accept it.
 We open a wallet and we are open for business and now accepting Crypto payment.
This is a great news even if it is a small business the fact that the business is now accepting crypto or Bitcoin is a huge help for promoting it.
If I would have a business I would surely accept it too and also give my people a chance to chose how their salary would be given to them if they want it to be in crypto or cash or maybe half in crypto and half would be in cash.

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December 25, 2020, 05:04:28 PM
 #7

It is an innovative idea that may help the development of the business. By implementing it, the customers can purchase a service easily and quickly. Besides that, the customers will have an option of a mode of payment based on their preferences. It is an advantage for the buyer because it minimizes the cost as they don’t necessarily need roaming around to purchase it. Regardless, it is a good start, and I hope the successful result for your business.
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December 25, 2020, 05:07:14 PM
 #8

I work in a small business , so earlier this month I talk to my boss about the idea of introducing bitcoin as a means of payment in our work, I gave him so articles to read on about bitcoin and how it works , after much explanation he came to an agreement to introduce bitcoin into the business for  the Christmas period and if it works out he will accept it.
 We open a wallet and we are open for business and now accepting Crypto payment.
I hope that you use 3rd party payment services to automatically convert the BTC payment into Fiat if you want to adapt the use of BTC for the long run. The BTC price is not stable and the current price is near the current ATH, Your business might suffer loss in case price correction occur. I'm concern on profitability of your business so I suggest to use a safe to incorporate BTC to your business payment system.

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December 25, 2020, 07:22:41 PM
 #9

I work in a small business , so earlier this month I talk to my boss about the idea of introducing bitcoin as a means of payment in our work, I gave him so articles to read on about bitcoin and how it works , after much explanation he came to an agreement to introduce bitcoin into the business for  the Christmas period and if it works out he will accept it.
 We open a wallet and we are open for business and now accepting Crypto payment.
Good news and congratulations to your business. I want to say congratulations as early as I've read this post.

Your boss seems to be open with the adoption of bitcoin payment to his business and are you guys going to receive your salary in bitcoin too? if not, that's fine as long as you're maintaining the bitcoin payment option to your store/business.

What third party service you use to make it automatically converted into USD? or you're just using a plain wallet and does the calculation manually when someone purchases? I wish the success for your boss' business and to your job to prolong the acceptance of bitcoin and make it part of the entire business.

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December 25, 2020, 07:36:55 PM
 #10

I work in a small business , so earlier this month I talk to my boss about the idea of introducing bitcoin as a means of payment in our work, I gave him so articles to read on about bitcoin and how it works , after much explanation he came to an agreement to introduce bitcoin into the business for  the Christmas period and if it works out he will accept it.
 We open a wallet and we are open for business and now accepting Crypto payment.

Good thing that you had able to convinced your boss on making some transition or making it as a payment option.Is he already aware that crypto is volatile and would
mainly affect your profits as the market do continuously moving?

When you do tend to accept crypto payments then you would really be needing bitcoin payment gateways.

Coingate
BitPay

These are the common gateways on most been using.

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December 25, 2020, 07:39:40 PM
 #11

I do not see this surprising but it is a very good idea. I do not see it surprising because bitcoin is getting more popular day after day, there will be a time bitcoin will be used directly as a payment means and which will mmbe more common than today. Bitcoin is just what we can call money, and can be used for payment. It will be good to make use of price correction algorithm that can make bitcoin price equals to fiat price as mentioned before so to make it perfect for price fluctuations.

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December 25, 2020, 07:41:57 PM
 #12

I work in a small business , so earlier this month I talk to my boss about the idea of introducing bitcoin as a means of payment in our work, I gave him so articles to read on about bitcoin and how it works , after much explanation he came to an agreement to introduce bitcoin into the business for  the Christmas period and if it works out he will accept it.
 We open a wallet and we are open for business and now accepting Crypto payment.
I think it's a welcomed development because if the company to accept payment with bitcoin that shows that the country  the company is sited have also adopt bitcoin, so in another perspective such payment now that bitcoin is going up it will consume a lot of money from the company, I suggest that let your boss wait until btc come down in price



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December 25, 2020, 07:42:51 PM
 #13

I work in a small business , so earlier this month I talk to my boss about the idea of introducing bitcoin as a means of payment in our work, I gave him so articles to read on about bitcoin and how it works , after much explanation he came to an agreement to introduce bitcoin into the business for  the Christmas period and if it works out he will accept it.
 We open a wallet and we are open for business and now accepting Crypto payment.
Congratulations on convincing your boss to accept bitcoin as payment. I hope that bitcoin won't get a correction after your agreement date so that you can continue your bitcoin payment into the business. I don't know if your boss knows the risk of having crypto payment in the business especially in this season where bitcoin is prone to a price correction.

Also, try to tell your boss to add a Third-party service if your boss decided to stick with accepting crypto payments.

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December 25, 2020, 07:49:53 PM
 #14

It's not easy to persuade business owners to start taking in some processes that are completely alien to them, especially if not everyone is doing it. Your boss might be the adventurous type of businessman that knows where opportunities rest, and knows when to take some gambles. Not much are into risking their potential profits just for something that is completely unproven, and that is relatively unused in the market right now as a form of payment. If all goes well, your boss would surely thank you for letting him know about bitcoin. That's a lot of potential profits in the future if a lot of people started paying in the cryptocurrency.

It would also be nice to know what type of business does your boss have, or what kind of service/goods are you guys related to.
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December 25, 2020, 07:52:14 PM
 #15

A good move, not because it's "bitcoin" but adding another payment method to any business is a form of convenience to customers and clients.

What do you mean anyway for integrating bitcoin for the Christmas period? The test will only run within that period?

I doubt there's a good result instantly for that duration period.
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December 25, 2020, 08:08:14 PM
 #16



Its very timely because the market seem to be great. Accepting BTC in business at the right time is like hitting two birds with one stone. You're making the business profit thru currency exchange and also the business earns a community that will potentially be customers.

You just let the community learn the business, a quick search and you can find threads in the forum with list of companies accepting bitcoin.

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December 25, 2020, 08:38:12 PM
 #17


Surprised that your boss considers accepting bitcoin payment after just a brief explanation by you and referring to some articles about what bitcoin is. How long does the convincing period last? Anyway, a good decision and hope that your boss really knows what he's doing.

Is everything will be manual or the company will use a third-party program to convert any BTC payment in real-time?

Adding bitcoin as one of the payment methods is also a form of spreading awareness to the community. Out of curiosity, there's a chance that people might want to try how to send a payment using bitcoin.

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oktana
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Eloncoin.org - Mars, here we come!


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December 25, 2020, 09:15:15 PM
 #18

Amazing! I like this! Bitcoin can be promoted even by what we say or ask. By the way, why don't you give us details on what goods or services that the company offers... If it's online, maybe some people will want them, and ready to pay with Bitcoin already.

But then, don't just tell him the advantages only. Tell him the disadvantages before he finds out, so he can understand what he's dealing with (it's not just about reading articles; there's more to it), and so he doesn't misunderstand it, maybe get vexed, and get you fired for bringing the idea.



 

 

 

 

 

 


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Mars,           
here we come!
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ElonCoin.org.
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.
"I could either watch it
happen or be a part of it"

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Josefjix
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yes


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December 25, 2020, 09:48:49 PM
 #19

your boss must be an understanding person have accepted the bitcoin payment as alternative to fiat..  it is not easy to convince a novice in the blockchain industry talk more of a boss having his employee schooling him/her.. 

R


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maxreish
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December 26, 2020, 01:02:45 AM
 #20

Nice to hear btc adoptions started even from small businesses. You made a good decision introducing new payment systems, it may actually boost your sales and may even contribute to the awareness of cryptocurrency.

That's also my dream, putting my own business and integrate that new payment system because there are also increasing percentage in our country of users that has a bitcoin.
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