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Author Topic: All I need to teach my employees about Bitcoin  (Read 723 times)
Rruchi man
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September 24, 2022, 05:39:47 PM
 #21

My request from this forum is to give me more hints on other things I must lecture them on concerning 😟 Bitcoin and how to receive payment from customers.
As an extra tip OP to ensure continuity of this knowledge also since your current staff may not be constant, you can consider properly conveying the knowledge about bitcoin in a form that can just be presented to a new employee if it gets to that, to bring them up to speed. You could compile a good material whether offline (hardcopy) or online (to share the link), so it eliminates the stress involved with teaching new intakes about bitcoin.

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September 24, 2022, 10:38:14 PM
 #22

My request from this forum is to give me more hints on other things I must lecture them on concerning 😟 Bitcoin and how to receive payment from customers.
This is great. I followed your previous thread. Also, coming back to ask for more hints on what to teach your employees about bitcoin proves that you are committed to making it work. This is my two cents. First, have your employees sign up on Binance or on whatever platform appeals to you. Teach them to buy and sell bitcoin. It sounds crazy but unless they get to understand the importance owning and using bitcoin for transactions from personal standpoint, it will be difficult for them to see the importance in the business.

if possible, they can create their own trading account in their local crypto exchange if they don't want to sign up in binance. though there's p2p in binance, which they can convert their crypto to their fiat. to give a hands-on experience to your staff, you can send small amount of btc as a start to their account and teach them how to convert it to your fiat. this will give them appreciation that btc indeed has fiat value. so convincing their customers would be easier as they have first-hand experience when it comes to crypto trading.

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September 24, 2022, 10:44:28 PM
 #23

Teaching people new to the crypto industry may not be easy. It should be started with the easy one, the middle, and then the applicative ones. We know that many people are also willing to be in the crypto world. But they started it wrong because they only consider the profits to gain. I really hope that you will explain these to them. It needs to start with Bitcoin, total supply, and also a utility for recent and the future.
Then, we can continue to describe altcoins. Actually, we can see and find many books and sources to learnabout cryptocurrency easily. At least they also know how to send and accept Bitcoin. So, they will not be trapped,.
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September 24, 2022, 10:56:42 PM
 #24

You can just simply let them know about scanning the qr or paying with the bitcoin/crypto address if a customer wants to pay through it.
And then, let them have you a call to verify if the payment already arrived on the wallet. There's a trust issue if they're allowed to given access to the wallet itself. But, I think that's the best way on giving them the idea on how their customers should pay you with any crypto you accept.

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September 24, 2022, 11:17:24 PM
 #25

For now you can provide them the details of your wallet address and show them how the fund received can be verified even without the key to access the wallet. So, in your absence they can just check the number of confirmation and let the customers continue their wallet.

The change it have made around the world through the innovation can be taught. Maybe they can get interested and if they request to know about investment and the ways followed, you can teach them later.

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September 24, 2022, 11:38:18 PM
 #26

My request from this forum is to give me more hints on other things I must lecture them on concerning 😟 Bitcoin and how to receive payment from customers.
This is great. I followed your previous thread. Also, coming back to ask for more hints on what to teach your employees about bitcoin proves that you are committed to making it work. This is my two cents. First, have your employees sign up on Binance or on whatever platform appeals to you. Teach them to buy and sell bitcoin. It sounds crazy but unless they get to understand the importance owning and using bitcoin for transactions from personal standpoint, it will be difficult for them to see the importance in the business.
Signing up without proper knowledge may result in losing the fund. 
It should be teaching them first how Bitcoin will work and how it will store in a safe place, let them understand that storing in custodial exchange might have a chance of losing their fund.  After purchasing it should be transferred into the non-custodial wallets.  Transferring crypto isn't reversible, they should be careful with every transaction.

Chose a wallet that you can modify the fee which I think Electrum wallet is enough for this.

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September 24, 2022, 11:57:11 PM
 #27

Good Day fellow Bitcoiners  Kiss.
   I am an entrepreneur and also a Bitcoiner, I have two business which am running and in this two businessI accept Bitcoin as a means of payment . I am using Exodus wallet to receive payment.
 When ever a customer desires to pay in Bitcoin/crypto in my absence, I am usually contacted by my employees. I have explained some few details on how to receive payment from customers in crypto but I think they still find that means of payment as not being convincing, so I want to take out time to teach them  Bitcoin, advantage, users, how to receive and how to send Bitcoin. I want to give them a full knowledge about Bitcoin. My request from this forum is to give me more hints on other things I must lecture them on concerning 😟 Bitcoin and how to receive payment from customers.

Thanks, Detritus.

Like what was previously posted, these types of movements are what drive the motivation of others to influence them in applying BTC to payment methods.

It can be challenging if you are teaching the fundamentals of BTC to your employees especially if they seem to ignore you, which I hope is not the case. I also do hope that you teach them the basics of BTC, and not just the routinary work of accepting payment, etc. I seriously hope that people would also consider that implementing a crypto payment option will definitely boost its reputation slowly in the market!

R


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September 25, 2022, 05:58:51 AM
 #28

Why don't you also try to provide a Lightning payment option to your customers? Also, although I'm a user of Exodus myself, please be informed that it is not a totally open-source wallet. It has components that are not open-source. You might want to check out Bluewallet for Lightning payments.

For your employees, teach them about transaction confirmation so that they would know whether the payment is already there. They should know how to check transactions using blockchain explorers like Blockchair. For Bitcoin payments, why don't you just leave a QR code for it? It would be a lot easier for your customers.

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September 25, 2022, 06:02:57 AM
 #29

Start with everything you know. If you understand enough what you want from your employees, show them the simplest example of what their responsibilities are. Practice is always the best lesson. Learning fully bitcoin, in my opinion, is a completely different task. It also comes from the interest of your employees, whether they need this knowledge or not.
For you, the moment of performing the work that you require should definitely be important; everything else should not lie only on your shoulders. Employee initiative will always be the best assistant. 

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September 25, 2022, 07:14:54 AM
 #30

I receive payment directly to the exodus wallet I created for my business.
Exodus wouldn't be my first choice, but that's your decision. If you only accept Bitcoin, it makes more sense to use a Bitcoin-only wallet rather than Exodus, a multi-currency app.

There are very few things that your employees need to know if you think about it.
They need to provide the customer with a valid Bitcoin address and ask them to send the correct amount. Then they need to ensure that the coins were sent and received on the shop's end. If you are reusing the same address, it's even easier and they won't have to generate new addresses. When you have time or when you are in the shop, you can change that address and give them a new one every day or once per week.

How do you handle unconfirmed transactions? Let's say I am a customer looking to buy something with bitcoin. Are you going to make me wait until the transaction gets confirmed on the blockchain or what exactly happens?

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September 25, 2022, 07:24:32 AM
 #31

For now you can provide them the details of your wallet address and show them how the fund received can be verified even without the key to access the wallet. So, in your absence they can just check the number of confirmation and let the customers continue their wallet.

The change it have made around the world through the innovation can be taught. Maybe they can get interested and if they request to know about investment and the ways followed, you can teach them later.
Better print the QR Code. I know someone who have business in my country who accepts Bitcoin and the buyer will just scan the QR Code. It also have steps on how to install the wallet. It also accepts other currency that is available in their wallet or an app. This app probably only in our country but it accepts Crypto and can be use in businesses. If there is an mobile app that is much easier to access and use better use it. So it can be explain easily to the employee. Though giving guide or video tutorials for the staff can also help so they can rewarch it to study.

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September 25, 2022, 07:44:16 AM
 #32

Good Day fellow Bitcoiners  Kiss.
   I am an entrepreneur and also a Bitcoiner, I have two business which am running and in this two businessI accept Bitcoin as a means of payment . I am using Exodus wallet to receive payment.
 When ever a customer desires to pay in Bitcoin/crypto in my absence, I am usually contacted by my employees. I have explained some few details on how to receive payment from customers in crypto but I think they still find that means of payment as not being convincing, so I want to take out time to teach them  Bitcoin, advantage, users, how to receive and how to send Bitcoin. I want to give them a full knowledge about Bitcoin. My request from this forum is to give me more hints on other things I must lecture them on concerning 😟 Bitcoin and how to receive payment from customers.

Thanks, Detritus.

I guess there are lot of tutorials present on YouTube regarding how to accept or send Bitcoins.
This isn’t tough to be honest. A 13 year old boy can do this if instructed properly.
Your employees need to understand the instructions that you give them regarding accepting the Bitcoins more carefully.
It would be better if you make them understand about Blockchain at first and then into more depth regarding crypto payments.
Great to know that you are accepting payment in Bitcoins, as this will make wider variety of people to do payments to you.

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September 25, 2022, 10:47:49 AM
 #33

Here you have some great contribution to running a business using Bitcoin in the different levels. One is to use Bitcoin as a means of transaction and the other is to create efficient employer to run your business. On the one hand you are successful in running your business and on the other you have great involved in the development of Bitcoin or cryptocurrency. Those who did not know about Bitcoin now they will know about it and in the future those employees will also be able to play a role in the development of Bitcoin.

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September 25, 2022, 10:55:00 AM
 #34

I don't think you need to go in-depth that much, especially if they're just employees that accept the payment. Probably make a separate kind of seminar of sorts if you want to fully teach them about Bitcoin, but if it's just payment, then create/adopt a simplified method like qr scanning so that your employees have a much easier time (same as customers), as well as future employees. No need to overcomplicate it but as I said, you can teach them on a different occassion.

It's not like they know what fiat is at it's core tbf, they probably just know it's adopted and accepted globally.

R


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September 25, 2022, 06:41:00 PM
 #35

I remember you topic where you said that you are accepting bitcoin for your business and just like many other people who send messages on that topic I was thinking about the challenges of accepting bitcoin for a company and the first thing is to know how to use bitcoin for the people who are responsible for the company for example for you if you have some employees for the business to have to start teaching them about how a bitcoin transaction works, at least they have to know the basics, however, the positive point for them is to gain knowledge in the same time when they are working for you.

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September 25, 2022, 08:46:47 PM
 #36

Here you have some great contribution to running a business using Bitcoin in the different levels. One is to use Bitcoin as a means of transaction and the other is to create efficient employer to run your business. On the one hand you are successful in running your business and on the other you have great involved in the development of Bitcoin or cryptocurrency. Those who did not know about Bitcoin now they will know about it and in the future those employees will also be able to play a role in the development of Bitcoin.

Yes this is like a power that is interconnected, humans and bitcoin will become easier in the future. Maybe the initial start will feel so heavy but when you get used to it you will feel the ease that can be obtained by using bitcoin.

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September 25, 2022, 10:32:40 PM
 #37

Here you have some great contribution to running a business using Bitcoin in the different levels. One is to use Bitcoin as a means of transaction and the other is to create efficient employer to run your business. On the one hand you are successful in running your business and on the other you have great involved in the development of Bitcoin or cryptocurrency. Those who did not know about Bitcoin now they will know about it and in the future those employees will also be able to play a role in the development of Bitcoin.

Yes this is like a power that is interconnected, humans and bitcoin will become easier in the future. Maybe the initial start will feel so heavy but when you get used to it you will feel the ease that can be obtained by using bitcoin.

It cant really be pertained as some sort of energy that flows but rather just ending up on being a currency although its decentralized but still on the same concept or utility just like we do have in fiat but on having

those notable differences which it is really something that make the community been interested specially into its decentralized factor plus money making opportunity due to volatileness.
Speaking about making it as a salary into your employees or having that payment option then it would really be that understandable that you would be needing
to make them aware about it even with just with the basics.

R


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September 25, 2022, 10:55:38 PM
 #38

When ever a customer desires to pay in Bitcoin/crypto in my absence, I am usually contacted by my employees. I have explained some few details on how to receive payment from customers in crypto but I think they still find that means of payment as not being convincing, so I want to take out time to teach them  Bitcoin, advantage, users, how to receive and how to send Bitcoin.

Isn't it that if they are just processing payments, then you just need to teach them how to do it like how you teach them how to use POS? They do not need the nitty gritty details of bitcoin, just how to process the payment and what to do in case transactions get stuck. At least as an employee, that is just what they need to learn.

But of course, if you want them to have knowledge about bitcoin so that they can share it with your customers, then they should start with the basics of bitcoin: transactions, fees, confirmation time, mining, etc.
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September 26, 2022, 02:29:02 PM
 #39

When ever a customer desires to pay in Bitcoin/crypto in my absence, I am usually contacted by my employees. I have explained some few details on how to receive payment from customers in crypto but I think they still find that means of payment as not being convincing, so I want to take out time to teach them  Bitcoin, advantage, users, how to receive and how to send Bitcoin.

Isn't it that if they are just processing payments, then you just need to teach them how to do it like how you teach them how to use POS? They do not need the nitty gritty details of bitcoin, just how to process the payment and what to do in case transactions get stuck. At least as an employee, that is just what they need to learn.

But of course, if you want them to have knowledge about bitcoin so that they can share it with your customers, then they should start with the basics of bitcoin: transactions, fees, confirmation time, mining, etc.
The OP should have done that before hiring employees if the OP made transactions via bitcoin. Because usually before recruiting employees we look for someone who has already mastered what we need to help us. But that's not a problem, now the OP just needs to slowly teach them to transact directly with bitcoin. For the time being, they just need to understand how to transact, because that's what they need quickly. In the future, the OP can teach more about bitcoin.

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September 27, 2022, 12:17:09 AM
Merited by fillippone (2)
 #40

for employees that just take payments.. they dont need the jargon explained. they just need to know how to acept payment

As a business owner he is not just concern about teaching his workers how to accept payment with bitcoin but, also want to make the step of teaching them what the blockchain is in general, that what makes him different from the bankers.
He is using every means possible to train and educate everyone around him about bitcoin (crypto currency in General) and i think that's a bold step taken by him.
I understand it might cost him time, but its worth it with the knowledge he is going to gather here, he can succeed in making all his workers understand the process and, save them future errors.
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