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Author Topic: I now accept bitcoin payments in my Beauty shop  (Read 811 times)
SatoPrincess (OP)
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December 31, 2022, 11:26:00 AM
Merited by The Cryptovator (5), ABCbits (3), DdmrDdmr (2), Edwardard (2), OgNasty (1), Lucius (1), lionheart78 (1), uneng (1)
 #1

I have been motivated by every person here who has in one way or another promoted bitcoin in their locality. This year, there’s been more bitcointalk members teaching bitcoin outside the forum and accepting bitcoin payment in their businesses. I’m happy I am ending the year trying something new and unique in my business.




We are a beauty, cosmetic and personal care shop ( pedicure and manicure, lashes extension, facials, micro blading) in Nigeria.



To be honest, I was hesitant to do this because I thought it wouldn’t work in my profession. But there’s no downside to trying, so I did. After browsing the internet for a good bitcoin sign, I settle for this one. The sign is on my Secretary/cashier’s desk next to the card that has my bank account details. Placing the two together was deliberate because I put a discount on bitcoin making payments in bitcoin cheaper to attract people. The only challenge I face right now is 99% of our customers are female, and most do not have any prior knowledge of bitcoin or cryptocurrency, the ones who do either heard about bitcoin from their partner or social media campaigns but they haven’t given it much thought. It’s popular among the male folk here, I am yet to have a customer pay in bitcoin but it’s good enough to start the conversation. I placed a 10% discount for those who pay in bitcoin and that I think that move prompt my clients to begin asking how they can do so. I’ve had clients ask me to explain to them how Bitcoin works which I am always glad to do. Even my neighbor is curious and is likely to join the crypto fam soon. Though I haven’t had a bitcoin sales, this new addition to my business has added value and a closeness to my relationship with my clients.
Happy new year guys. See you in 2023

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December 31, 2022, 11:58:36 AM
 #2

I have been motivated by every person here who has in one way or another promoted bitcoin in their locality. This year, there’s been more bitcointalk members teaching bitcoin outside the forum and accepting bitcoin payment in their businesses. I’m happy I am ending the year trying something new and unique in my business.
A good way to end the year, and to kick off next year. I am really proud of the number of persons from this forum who have adopted and implemented payment in bitcoins into their business. More persons will follow this track by next year. You are a quality member of this forum @OP, I am confident in your ability to be able to manage this new development. I am sure that other forum members like myself will be interested to read about the outcome of this new inclusion in some months and how it is has affected your business, plus the challenges you will handle.

Best of luck!

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Z-tight
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December 31, 2022, 12:05:15 PM
 #3

We BTC users want merchants in our locality to start accepting BTC payment, while we forget that so many of us in this commuinity are merchants ourselves, so i believe if you are a merchant here, and if BTC is legal in your country and you would not get into any trouble with your government or police, then you should consider accepting BTC in your business. It is easier if one is already a bitcoiner, you would know the best way to accept your money and how to educate your customers.

Despite the fact that your customers are predominantly female, and like you said BTC knowledge is not common amongst them, it might get some of them interested and learn about BTC from here; and from what i know women like going to the beauty and cosmetic shop with their lovers, and we know who usually pays Roll Eyes, so male Bitcoiners might use the option of BTC to pay for their partners in your shop. Good Luck.

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December 31, 2022, 12:17:16 PM
 #4

The only challenge I face right now is 99% of our customers are female, and most do not have any prior knowledge of bitcoin or cryptocurrency, the ones who do either heard about bitcoin from their partner or social media campaigns but they haven’t given it much thought. It’s popular among the male folk here, I am yet to have a customer pay in bitcoin but it’s good enough to start the conversation.
With time, they will come around it and may likely embrace the option more than fiat. The concept behind the workings of Bitcoin is one enough to fascinate anyone. However, my worry in all these payment with Bitcoin thing is how likely are those who aren't Bitcoin hodlers going to continue to get Bitcoin for the sole purposes of making just payment without using it for basic trading and other stuff. I say this because of the volatility of Bitcoin and how $50 could easily become $20 within hours.

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December 31, 2022, 12:35:48 PM
 #5

The only challenge I face right now is 99% of our customers are female, and most do not have any prior knowledge of bitcoin or cryptocurrency, the ones who do either heard about bitcoin from their partner or social media campaigns but they haven’t given it much thought. It’s popular among the male folk here, I am yet to have a customer pay in bitcoin but it’s good enough to start the conversation.
With time, they will come around it and may likely embrace the option more than fiat. The concept behind the workings of Bitcoin is one enough to fascinate anyone. However, my worry in all these payment with Bitcoin thing is how likely are those who aren't Bitcoin hodlers going to continue to get Bitcoin for the sole purposes of making just payment without using it for basic trading and other stuff. I say this because of the volatility of Bitcoin and how $50 could easily become $20 within hours.
With daily transaction? and with volatility being present? I doubt. Ofcourse there would be more people to choose fiat especially those who are just not into investments and online payments. There's more of a tendency that these two would coexist with one another as alternative mode of payments. Using Bitcoin on a daily basis like with purchasing market goods will just make it more complicated. I guess it would be more of a better option if the transaction is something "special" or is needing to avoid taxes from the government. Indeed every transaction has taxes, but imagine buying an onion with BTC than with fiat. But services as such with what OP is offering, I guess is different and would be a better thing to use crypto as mode of payment.

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December 31, 2022, 12:40:28 PM
 #6

With daily transaction? and with volatility being present? I doubt. Ofcourse there would be more people to choose fiat especially those who are just not into investments and online payments. There's more of a tendency that these two would coexist with one another as alternative mode of payments. Using Bitcoin on a daily basis like with purchasing market goods will just make it more complicated. I guess it would be more of a better option if the transaction is something "special" or is needing to avoid taxes from the government. Indeed every transaction has taxes, but imagine buying an onion with BTC than with fiat. But services as such with what OP is offering, I guess is different and would be a better thing to use crypto as mode of payment.
Bitcoin adoption must be done from two sides. Buyers and sellers are two sides of Bitcoin adoption.

If you are using a service, you are a buyer and the seller must accept your bitcoins. Seller also must accept risk of having bitcoins in their balance. The best is a seller must consider bitcoin received from buyers as investment for their business. It is not problem now because not all buyers will use bitcoins as their payment method so a part of bitcoin in a business balance sheet is small and less risky.

In future, if bitcoin adoption is bigger, buyers use bitcoins for payments more regularly and bitcoins become bigger in a business balance sheet, risk can be higher. Fortunately, in future I believe that Bitcoin volatility would be smaller and it makes risk for sellers smaller too.

.
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December 31, 2022, 12:40:49 PM
 #7

This is a good start.

There are some points that I would like to draw OP's attention to.

Make/order a beautiful frame for the text "Bitcoin is accepted here" with an attractive design and appearance and hang it on the wall in a conspicuous place so that buyers of your services can see it in front of them at the time of payment.

Create (or use ready-made) guides explaining what bitcoin is, how to use it and make transactions. Order from the nearest printing house and distribute to your customers so that they learn how to use btc at least at the initial level. Why else would they need a discount for btc they can't take advantage of. The next time your clients come to you to be prettier, they will already be prepared to pay for the services with bitcoin.

I wish you success in your beauty shop.

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December 31, 2022, 12:48:16 PM
 #8

With time, they will come around it and may likely embrace the option more than fiat.
I don't believe so, BTC payment option is more of a second choice, i don't think there is anywhere that BTC payment would be embraced more than fiat. The expectation in my humble opinion shouldn't be for BTC to be the first choice, but for BTC to be a second choice option globally, i think that is the way to go for mass adoption.
However, my worry in all these payment with Bitcoin thing is how likely are those who aren't Bitcoin hodlers going to continue to get Bitcoin for the sole purposes of making just payment without using it for basic trading and other stuff.
One has to first be a bitcoiner before they can spend BTC, but they do not technically have to be holders, as long as they use BTC for any other purpose, even if it is trading, then can surely spend any amount out of what they have to pay for stuffs, it is a matter of choice.

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December 31, 2022, 12:48:36 PM
 #9

Congrats on trying that out. It's believed that in Nigeria there is a high rate of BTC adoption so it's still good.

I wonder why you only have decided by this year end when you could have done it a few years ago. Every woman has a male benefactor either thier father or a boyfriend willing to spend top dollar for the beauty of thier girl. Who knows women have thier BTC wallet installed on thier phones already.


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December 31, 2022, 01:02:40 PM
 #10

Through the year 2022 we had good level of cryptocurrency acceptance into businesses. In particular we were able to see good number of Bitcointalk community members started to accept bitcoin and other cryptocurrencies into their businesses. This could've given good exposure to bitcoin and other cryptocurrencies. Through our forum members more people knowing about bitcoin is really good and a must one. Over the year more users have taught people about bitcoin to people who doesn't had knowledge about bitcoin. More good things have happened through our forum and happy one more person adding cryptocurrency as payment into his business.
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December 31, 2022, 01:07:54 PM
 #11

it was a great decision and idea and deserves appreciation, bitcoin needs a lot of adoption so that bitcoin can be used as a means of payment besides using cash, to be honest in my country it is forbidden to use any payment except using official currency  Wink

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December 31, 2022, 01:14:25 PM
 #12

This is awesome to end the year. And today is the last day of the year. As a cosmetic shop which is not general to everyone but specific to women, and women who use bitcoin are not much in Nigeria compare to the male counterparts. But one thing I will also advise you to do is to place advertisement banners in social media and billboards around the cities close to you. There are some females that are using bitcoin are unknown but with your advertisement they will be informed to come to your shop. This is how the process will begin and work for you. Congratulations for kick starting bitcoin shop in you local area.

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December 31, 2022, 01:30:49 PM
 #13

it was a great decision and idea and deserves appreciation, bitcoin needs a lot of adoption so that bitcoin can be used as a means of payment besides using cash, to be honest in my country it is forbidden to use any payment except using official currency  Wink

The people living in places where the government are not very strict against bitcoin are making use of the great opportunity to propagate the message of bitcoin.
Anyone that has the opportunity to teach or learn bitcoin should do because the future is very bright with bitcoin.

Congratulations SatoPrincess for accepting bitcoin in your business, the customers might not embrace it immediately but it will surely be a success.

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December 31, 2022, 02:50:05 PM
 #14

I wish you the best of luck in working with your business's creative thoughts. According to your commentary, women have no experience about Bitcoin. They are also very keen to gain experience from you. I thank you very much for the many interests you and them have expressed. If you can work with such thoughts like yours, Bitcoin will surely move to a much better stage in the future and there will be Bitcoin's reign. Now if there is no improvement in your business, if you can educate them in Bitcoin education, of course you will be able to be succesful at one time. You keep working hard will never give you a waste.
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December 31, 2022, 03:09:13 PM
 #15

With time, they will come around it and may likely embrace the option more than fiat.
I don't believe so, BTC payment option is more of a second choice, i don't think there is anywhere that BTC payment would be embraced more than fiat.
Don't cross your heart or make an oath on that. You never can tell how people react to the invention of things and that's why on the hindsight we tend to regret actions we didn't take. A few years (over a decade, anyway) I can recollect making a suggestion to a paper company I worked for to also have a hard copy version of what it ran online, owing to how Nigerians reacted to online stuff then towards newspapers. There was low patronage for stuff like that then. Now fast forward to date, we know how voracious Nigerians have become towards online news and gists. How many people buy hard copy newspapers this day in Nigeria? Most people now get their news and gists online, on soft copy.

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December 31, 2022, 03:24:05 PM
 #16

For sure their husbands know about bitcoin if not then I think they already researching about it online. Whats the best with having bitcoin as a payment method is it will attract other people like I will try to go to this beauty shop and have my nails done and then ill ask about bitcoin. So what I suggest is that don't get stressed with the people who don't know it since I am sure one of your customer know it also your existing customer will really try to learn about it since it has a discount lol
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December 31, 2022, 03:34:29 PM
 #17

There is hope for bitcoin. It doesn't go unnoticed. Your clients will be curious to know about bitcoin sooner than later because you are indirectly programming their subconscious mind to think about bitcoin. I'd advice you do a pamphlet that explains the basics of bitcoin, what it is all about and how to use it. Teach your staff about bitcoin so that they can also educate the clients when they ask a question about bitcoin. This is a step in the right direction.

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December 31, 2022, 03:46:59 PM
 #18

I think there’s no harm in trying to inculcate bitcoin as among the payment methods in your business. I think it’s a plus and always great to have various methods in which a customer could pay for services rendered. I also love the fact that you’re giving out a 10% discount on services if payment is made in bitcoin.

If I could get any form of discount to pay with bitcoin, I know I would jump at that opportunity. I think the discount given would also help stimulate peoples interest in bitcoin even if it’s a little.
You assume a lot of your clientele, which are females, aren’t familiar with bitcoin. Your assumptions may very well be wrong.

It’s a good thing you’ve put up a sign saying you now accept bitcoin. Now watch how many of your clients will indicate some sort of interest. I’m sure it would amaze you.
Good luck in your business.
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December 31, 2022, 03:55:06 PM
 #19

I placed a 10% discount for those who pay in bitcoin and that I think that move prompt my clients to begin asking how they can do so.
This is a good marketing strategy, in my opinion. But don't you get another 10% extra if you accept fiat? So what's the benefit of you adopting bitcoin when in fact you will lose 10% every time your customer pays you in bitcoin?

I hope the discount will be limited, say your first 10 - 20 customers since adopting bitcoin as a means of payment. I'm so curious, what are your advantages of adopting bitcoin as a means of payment instead of fiat?

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December 31, 2022, 05:05:05 PM
 #20

Congratulations! You did it right in giving 10% discount to customers paying for your services in bitcoin. That will surely increase awareness and interest from the community for btc. Hopefully you will be the responsible channel for introducing many women to crypto universe through your beauty shop business in Nigeria. I advise you placing a "step by step" banner on your shop teaching people how they can acquire bitcoin and send transactions. That 2023 may be the year of bitcoin adoption in your community and the year of bitcoin profits in your business!

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December 31, 2022, 06:09:42 PM
 #21

A good way to end the year, and to kick off next year. I am really proud of the number of persons from this forum who have adopted and implemented payment in bitcoins into their business. More persons will follow this track by next year. You are a quality member of this forum @OP, I am confident in your ability to be able to manage this new development. I am sure that other forum members like myself will be interested to read about the outcome of this new inclusion in some months and how it is has affected your business, plus the challenges you will handle.

Best of luck!
Thank you. I’m proud of myself too. I wouldn’t have had the courage to do it now if it weren’t for the increasing number of members here that have successfully done so and have good results.

This is a good marketing strategy, in my opinion. But don't you get another 10% extra if you accept fiat? So what's the benefit of you adopting bitcoin when in fact you will lose 10% every time your customer pays you in bitcoin?

I hope the discount will be limited, say your first 10 - 20 customers since adopting bitcoin as a means of payment. I'm so curious, what are your advantages of adopting bitcoin as a means of payment instead of fiat?
You’re partially right, I may lose 10% profit so to speak but I boost sales and gain a stronger customer relationship. This is common business practice, I would normally give discount at the end of the year. This year is different only because the discount are only on bitcoin sales. Also the discount isn’t limited to a number of customers, I plan on running it for a month straight.

Congrats on trying that out. It's believed that in Nigeria there is a high rate of BTC adoption so it's still good.

I wonder why you only have decided by this year end when you could have done it a few years ago. Every woman has a male benefactor either thier father or a boyfriend willing to spend top dollar for the beauty of thier girl. Who knows women have thier BTC wallet installed on thier phones already.

Thank you. Bitcoin is popular here because for one it is a good way to hedge the inflation of the naira. However I don’t agree “ every woman” has a man who’s paying their bills, many women are financially independent and live on their own terms
Despite the fact that your customers are predominantly female, and like you said BTC knowledge is not common amongst them, it might get some of them interested and learn about BTC from here; and from what i know women like going to the beauty and cosmetic shop with their lovers, and we know who usually pays Roll Eyes, so male Bitcoiners might use the option of BTC to pay for their partners in your shop. Good Luck.
Yes, I’m counting on that possibility. The good thing about a girls beauty salon is there is a lot of chatter, I’m already having conversations with those interested in bitcoin, not surprisingly many think bitcoin is a ponzi. I’m glad I debunked that yesterday.

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December 31, 2022, 06:46:45 PM
 #22

Congratulation Princess, it is a good deed you started initiating this service to the female beauty saloon and i believe through the discount you placed would probably inspire them the more to take courage on how to put efforts to begin the class concerning how they could start using bitcoin to make payment for them to enjoy the discount starting from 2023. I would want you to put efforts on how to create their wallet, how to purchase bitcoin from a trusted exchange like Binance since i know Binance exchange is more common to us in Nigeria to fund our accounts, then lastly, the importance of their phrase, private key and passwords. How the network works and operates so that they could know which network is best suitable for them to use and operates on.
See you all in 2023!

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December 31, 2022, 06:47:45 PM
 #23

I like with your mindset how to advertising and promoting Bitcoin around your local city, accepted Bitcoin for payment currency with your beauty shop I think have more contributing not only take care with women beauty but also you have promoted with Bitcoin for all your local city.
You get advantage when accepting Bitcoin not only as worth investment fund but also promoted Bitcoin and give education for your beauty shop costumer about how important and benefit earn when investing assets in Bitcoin.

Hope your beauty shop can be popular at the future and all your costumer are happy with Bitcoin payment accepted, but most important you can give best service for your costumer.

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December 31, 2022, 07:14:56 PM
 #24

Congratulations Satoprincess every week we see more people adopting bitcoin payment in their business. It’s encouraging to see more posts like this. You are on the right road, 10 percent discount is a lucrative idea to draw more customers even if they don’t know how to use bitcoin. They might learn just to benefit from the discount price. Good one OP
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December 31, 2022, 07:29:27 PM
 #25

Quote
Yes, I’m counting on that possibility. The good thing about a girls beauty salon is there is a lot of chatter, I’m already having conversations with those interested in bitcoin, not surprisingly many think bitcoin is a ponzi. I’m glad I debunked that yesterday.

Great work there @SatoPrincess, the discounted price is sure good marketing for luring your clients to pay in Bitcoin,  I would like to suggest having a printed instruction on how to pay in Bitcoin and placing it near where the Bitcoin Accepted Here banner is placed.  This will save you lots of time explaining to the client that is new to Bitcoin.




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December 31, 2022, 07:36:43 PM
 #26

Congratulations.  Accepting BTC is a great step in getting more involved.  Accept it, mine it (or mine shitcoins and trade for BTC immediately with a GPU), spread the word, and keep stacking!  Physical shops accepting Bitcoin is what this community has needed for a long time.  The only Bitcoin accepting shop I've ever seen was on a trip to Vegas, and even that implementation was questionable and not functioning most of the time.  I hope someday I'll be able to use real BTC on chain to make actual purchases in person.  So far those opportunities are few and far between.

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December 31, 2022, 11:13:33 PM
 #27

is a pretty good way to do some small adoption in the bitcoin ecosystem. Accepting payments using bitcoins is a step that is quite challenging for some business people today, but this is something unique and quite interesting. Besides, you also need to provide education or some instructions on paper to tell how to make payments using bitcoin. You also give 10% discount for payment using bitcoin it will be even more interesting and maybe some new people will start to try it.

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December 31, 2022, 11:21:05 PM
 #28

This is really a nice and welcoming development and I must say that your shop looks beautiful and attractive.
I also love the idea that since your country might be battling with the security, you didn't have to sample the note of the Bitcoin not until it was time to make payments that they might get to notice it and also the discount associated was the highest point of attraction you have given to your customers and I believe because of the bonus, most of your customers would want to know how to redeem then price and attracting more customers to you and building more closer relationship with you and your partner.
Congratulations for this bold step and I hope it thrives for you

R


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January 01, 2023, 01:33:00 PM
 #29

I don't see anything wrong in the fact that anyone who has a private business enables their clients to pay in as many ways as possible, because that way they only expand the base of possible customers. If we know that Bitcoin is conceived as a cryptocurrency that enables transactions between private users without the intervention of a third party, then we need as many people as possible who will start to think like that.

I have nothing against anyone who keeps Bitcoin as an investment and tries to fight inflation that way, but I think it is necessary to find the right balance between the investment and what Bitcoin actually is, which is a currency. If the majority of those who own Bitcoin would pay something with it from time to time, then it would be a more than good sign for others to be encouraged and accept Bitcoin in their business.

Good luck in your business @SatoPrincess Wink

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January 01, 2023, 02:04:29 PM
 #30

Definitely it will give you more business sooner or later and from my personal opinion the strategy to accept bitcoin as payment will itself work as a marketing strategy and expose about your services to more people in your locality.

But Nigerian government is against the cryptocurrencies right then how they allow a business to accept when they are against it? Just for your safety make sure there is no issues with business in future by this move.

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January 01, 2023, 02:28:38 PM
 #31

It is good to know that some users are becoming increasingly popular with bitcoin adoption in private businesses. I support this effort because bitcoin should get better exposure at a smaller business level, and recently some of our Nigerian friends have done it successfully and announced it on the forum.

SatoPrincess, I hope your business gets more recognition after this and people get interested in the way you get paid. My guess is, a lot of your customers will probably ask what bitcoin is and then ask you to do something for them just to get a discount.  Cheesy

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January 01, 2023, 03:42:25 PM
Last edit: January 04, 2023, 03:52:01 AM by retreat
 #32

-snip-

It's very nice to see people open to bitcoin adoption, moreover it's a merchant, in my opinion this will be a good step for your business and also the adoption of bitcoin in the future because with what you do there will definitely be customers who are interested in knowing what bitcoin is and start learning it or it will be easier for bitcoiners to make payments with their bitcoins for your services. What's more, you put a 10% discount on your service for payment with bitcoin, this will certainly be an attraction for people to be able to use bitcoin for services and customers will really appreciate that. Not many merchants do what you do, and we really appreciate that. Good work.

R


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January 01, 2023, 03:52:06 PM
 #33

This is really cool to see that you are accepting btc payments for your business and taking a step forward to new mode of financial freedom and gaining more attention from the customers.But the thing is there might be some people around you who are willing to pay through it but in our area there is not much awareness and really want some merchants take bold steps like you and accept it as payment mode.But best wishes to you and hope you grow customer base.

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January 01, 2023, 06:32:41 PM
 #34

During 2022 I saw many people starting to accept bitcoin payments for their clients and especially in your country Negia I saw some others doing the same thing this shows us how bitcoin payments are spreading all over the world, while we all know this accepting bitcoin payment is mostly came to different businesses because of the demand from people, I mean if people would not demand this then you would not be accepting the bitcoin payment to your beauty shop so after increasing the demand I guess we will see even more case like this one.

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January 01, 2023, 09:53:30 PM
 #35

More good things happening around relative to cryptocurrency. In the past it wasn't the same and very little number of people were aware of bitcoin and cryptocurrency. Now we've experienced massive change. So, accepting bitcoin into business will surely create positive response in the long term, even if there is no one using it.

As most users mentioned it is quite evident to encounter big number of cryptocurrency acceptance on small stores in Nigeria and other African countries. This shows the progressive move from the people as well as the real need of a decentralised payment gateway.

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January 02, 2023, 12:32:41 AM
 #36

yes, i think it's a good start to accept payment using bitcoin.
  in your beauty shop. and indeed most people who know bitcoin seem to be men. and in my area also mostly men who are more familiar with bitcoin. but I'm sure the activities you do will definitely make women get to know bitcoin. hope your plan is successful.

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January 02, 2023, 01:21:46 AM
 #37

This is a commendable effort.
Since the OP is a female, I believe she is in the best position to speak with other females about bitcoin.
It is anticipated that your customers may first be reluctant to use this payment option, but as soon as they get the hang of it and feel secure, they will start utilizing it.

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January 02, 2023, 01:44:31 AM
 #38



To be honest, I was hesitant to do this because I thought it wouldn’t work in my profession. But there’s no downside to trying, so I did.
I'm not sure why you felt Hesitated when there is nothing to , because you are just extending the chance of costumers to have other option of payments as you don't know if the one who enters your shop is Bitcoin or crypto users , so this would help both of you  as the costumers to use his/her bitcoin and yours to have more crypto on your possession .
Quote
After browsing the internet for a good bitcoin sign, I settle for this one. The sign is on my Secretary/cashier’s desk next to the card that has my bank account details.
Maybe best to Put the sign also Outside your shop to attract more crypto users to enter and use your services as most of us are looking for bitcoin accepting businesses to help each other.

congrats to your Bitcoin accepting business mate .









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January 02, 2023, 02:45:52 AM
 #39

What a year-ender for you satoprincess! Smiley
The trend is growing for those forum members that also own a business and they're adopting bitcoin and accepting it as a payment. There's nothing to lose for you guys and you just have to embrace the payment method and while you are a bitcoin forum member, you have to apply what you're up to.
I am sure that there will be more forum members that has a business that will start to accept bitcoin for their every products and services that they offer.

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January 02, 2023, 02:59:52 AM
 #40

What a year-ender for you satoprincess! Smiley
The trend is growing for those forum members that also own a business and they're adopting bitcoin and accepting it as a payment. There's nothing to lose for you guys and you just have to embrace the payment method and while you are a bitcoin forum member, you have to apply what you're up to.
I am sure that there will be more forum members that has a business that will start to accept bitcoin for their every products and services that they offer.
Yeah mate, just this close to end year there are several thread created about their Businesses accepting bitcoin(if not altcoins) and this made us proud of them because extending payment accepting is one of the best help we can contribute in crypto adoption in the future.
It is nice of you Satoprincess .

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January 02, 2023, 07:10:57 AM
 #41

I was very lucky to see this post. There are several places near my home where BTC can be exchanged for US dollars. There were none last year. I think this is the process of the encryption industry that happened around me.
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January 02, 2023, 08:05:44 AM
 #42

What a year-ender for you satoprincess! Smiley
The trend is growing for those forum members that also own a business and they're adopting bitcoin and accepting it as a payment. There's nothing to lose for you guys and you just have to embrace the payment method and while you are a bitcoin forum member, you have to apply what you're up to.
I am sure that there will be more forum members that has a business that will start to accept bitcoin for their every products and services that they offer.
Yeah mate, just this close to end year there are several thread created about their Businesses accepting bitcoin(if not altcoins) and this made us proud of them because extending payment accepting is one of the best help we can contribute in crypto adoption in the future.
It is nice of you Satoprincess .
That's all we can do if we own a business. There might be not that much demand at the moment but the time will come when most customers will see that banner of bitcoin acceptance for their shops and eventually, the number of customers that pays them with bitcoin will increase.
There will be more for sure as this year starts and we shall see that many of them becomes successful both with accepting cash/fiat and mostly, with bitcoin.

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January 02, 2023, 10:06:48 AM
 #43

 Happy New year OP,you have ended last well  your business by accepting bitcoin as a means of payment in your business. A beautician is an important business,since women don't play with their beauty.

Bitcoin will soon be known by everyone and used by so many people, due to the awareness and accepting it as an alternative payment method in business by Nigerians. Nigeria is a country that loves to embrace cryptocurrency. The forum is a place that will always encourage and inspire you to teach people about bitcoin inside or outside the forum,as bitcointalk members,we are to promote bitcoin and help the deform to be inform.

Good luck.

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January 02, 2023, 11:40:09 AM
 #44

What a year-ender for you satoprincess! Smiley
The trend is growing for those forum members that also own a business and they're adopting bitcoin and accepting it as a payment. There's nothing to lose for you guys and you just have to embrace the payment method and while you are a bitcoin forum member, you have to apply what you're up to.
I am sure that there will be more forum members that has a business that will start to accept bitcoin for their every products and services that they offer.
Yeah mate, just this close to end year there are several thread created about their Businesses accepting bitcoin(if not altcoins) and this made us proud of them because extending payment accepting is one of the best help we can contribute in crypto adoption in the future.
It is nice of you Satoprincess .
That's all we can do if we own a business. There might be not that much demand at the moment but the time will come when most customers will see that banner of bitcoin acceptance for their shops and eventually, the number of customers that pays them with bitcoin will increase.
There will be more for sure as this year starts and we shall see that many of them becomes successful both with accepting cash/fiat and mostly, with bitcoin.

This year will undoubtedly see a surge in the number of businesses affixing a logo to their front door to indicate that they accept bitcoin as payment. Usually, this attracts all kinds of customers, whether they know bitcoin or not, since they will get curious about it and end up buying it or using your service. Though I mostly see this here in the forum, I still haven't seen a store or business that accepts bitcoin in our place. I believe it is because I am far from the city (but I didn't notice it while strolling last holiday). I am hoping that here at our place they will start to accept this as a payment method.
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January 02, 2023, 12:02:01 PM
 #45

wow this is a great facility in 2023. I appreciate it .It's really nice to see when people use Bitcoin for daily necessities. I support this idea.  And looking at these images, it seems that the demand and use of Bitcoin is increasing day by day. In this way, if the use of Bitcoin increases, Bitcoin will become a global currency. And everywhere in the world it will be used like USD


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January 02, 2023, 02:24:21 PM
 #46

Bitcoin has circulated since 2017, so i believe that with the information of Bitcoin been important to and a valuable asset, i believe that many people have known the important of Bitcoin, so therefore people are going into bitcoin payment because the have heard of Bitcoin and they don't want to miss out in Bitcoin transaction, so i believe that, payment with Bitcoin will become viral in business payment.

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January 02, 2023, 03:56:42 PM
 #47

This year will undoubtedly see a surge in the number of businesses affixing a logo to their front door to indicate that they accept bitcoin as payment. Usually, this attracts all kinds of customers, whether they know bitcoin or not, since they will get curious about it and end up buying it or using your service. Though I mostly see this here in the forum, I still haven't seen a store or business that accepts bitcoin in our place. I believe it is because I am far from the city (but I didn't notice it while strolling last holiday). I am hoping that here at our place they will start to accept this as a payment method.
I think it doesn't matter how many places accept bitcoin as payment but how many of their customers pay with bitcoin that matters. If one out of every 100 customer pays with bitcoin then it's not too bad, if it is more than it is great if it is less than it's not good at all.

I personally would love to have a world where we could end up with much more money spent in bitcoin than fiat and we reach to a 2-3% all worlds transactions done in bitcoin type of thing. If that ever happens, it would mean bitcoin is already huge and will happen to be amazing. I know it's not that common at all right now, but it will become very common if we just focus on making it a bit better.

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January 02, 2023, 04:17:58 PM
 #48

Most users of the bitcoin payment media as evidence from testimonials on the forum has mostly done this due to convince or as a means of test running the process.

I have a course of wonder though. I suppose the acceptance of bitcoin for a payment media is born out of making options available for your customers and the fact that, it could as well serve investment purposes due to the volatility nature of the coin.
I suppose one way to handle the volatile nature of bitcoin is to swap for stable coin or exchange it for fiat.

If that be the case and with the fact that, merchants hope to take out profit and reimburse the business capital,
Are you guys accepting other cryptocurrencies other than bitcoin as well?
The stablecoins to be precise and if not, why not.

.
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January 02, 2023, 04:24:28 PM
 #49

Nice decision OP, since the government is seriously working to make bitcoin legal in the country for the users to use it to improve their businesses and other things in the country. You don't have to worry yourself about the few female customers you are seeing around your business because, from this 2023 there will be improvement from female and male customers in your business because, many people prefer to use Bitcoin as a payment than fiat in the country.

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January 02, 2023, 05:08:13 PM
 #50

I've learned many inspiring stories about Nigeria on this forum. It seems that there are many small businesses there, and entrepreneurs quite often try to adopt Bitcoin one way or another, despite shaky governmental attitude to it. This is yet another inspiring story. I personally think it's especially cool that you accept Bitcoin now, even though the vast majority of your customers are women who aren't familiar with Bitcoin. This creates a good ground to empower Nigerian women, educate them on using Bitcoin (in case customers express interest, of course), as well as promote the usage of Bitcoin more generally. I think that as time passes, you will certainly have Bitcoin sales. Good luck in 2023!

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January 02, 2023, 05:33:52 PM
 #51

-snip-
You’re partially right, I may lose 10% profit so to speak but I boost sales and gain a stronger customer relationship. This is common business practice, I would normally give discount at the end of the year. This year is different only because the discount are only on bitcoin sales. Also the discount isn’t limited to a number of customers, I plan on running it for a month straight.
As I said, your idea will definitely attract some of your customers to pay you in bitcoins for a 10% discount. I really think it's a good strategy to increase the number of your customers to use bitcoin as a means of payment, and it's a good idea to limit it to an entire month only.

If I were you, I might also consider some other crypto with less volatility instead of bitcoin. Honestly someone out there is too honest to say these bitcoin fluctuation are scary, and they are reluctant to buy them and keep them other than as an investment.

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January 02, 2023, 05:52:30 PM
 #52

As I said, your idea will definitely attract some of your customers to pay you in bitcoins for a 10% discount. I really think it's a good strategy to increase the number of your customers to use bitcoin as a means of payment, and it's a good idea to limit it to an entire month only.

If I were you, I might also consider some other crypto with less volatility instead of bitcoin. Honestly someone out there is too honest to say these bitcoin fluctuation are scary, and they are reluctant to buy them and keep them other than as an investment.
You make a good argument, it’s always a good option to diversify although I’m not into alts, I think they are far more volatile than bitcoin. Choosing a stable coin is not a easy choice, USDT, BUSD, USDC are scary to me because I worry they may lose their peg.
I've learned many inspiring stories about Nigeria on this forum. It seems that there are many small businesses there, and entrepreneurs quite often try to adopt Bitcoin one way or another, despite shaky governmental attitude to it. This is yet another inspiring story. I personally think it's especially cool that you accept Bitcoin now, even though the vast majority of your customers are women who aren't familiar with Bitcoin. This creates a good ground to empower Nigerian women, educate them on using Bitcoin (in case customers express interest, of course), as well as promote the usage of Bitcoin more generally. I think that as time passes, you will certainly have Bitcoin sales. Good luck in 2023!
I think there are more entrepreneurs in Nigeria than civil workers. Getting a white collar job in Nigeria is hard despite your qualifications so most of us have chosen to be our own boss and creating multiple streams of income. That’s the way to survive in Nigeria. I think you are right, it’s my responsibility to share my knowledge. From now on, I’m creating a group for working women who want to learn bitcoin. It will be good to have more women in bitcoin.

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January 02, 2023, 06:10:52 PM
 #53

I've learned many inspiring stories about Nigeria on this forum. It seems that there are many small businesses there, and entrepreneurs quite often try to adopt Bitcoin one way or another, despite shaky governmental attitude to it. This is yet another inspiring story. I personally think it's especially cool that you accept Bitcoin now, even though the vast majority of your customers are women who aren't familiar with Bitcoin. This creates a good ground to empower Nigerian women, educate them on using Bitcoin (in case customers express interest, of course), as well as promote the usage of Bitcoin more generally. I think that as time passes, you will certainly have Bitcoin sales. Good luck in 2023!
Nigeria is one of those underdeveloped or poor countries so people there needs to work hard. One of the ways that they can think of to help their lives is to run a business. Every business do always start small but as soon as they got successful, this will grow eventually. The emergence of cryptos such as Bitcoin is also an asset for them. These people saw a big potential in BTC so they think it will be a good idea to adopt it on their business. Let's only hope that their government is going to be more friendly with cryptos later on.

From the OP's story his business is a beauty shop so it's normal that most of his customers are women. We shouldn't underestimate them because they also do what other most men can do including taking a risk and BTC is already popular now so they heard and use it even before.

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January 02, 2023, 06:51:02 PM
 #54

You made a significant contribution and successfully completed the year.
Accepting Bitcoin as a form of payment entails some risks, which I believe you are aware of and are prepared to address because you have been a member of this forum for some time and have gained experience with Bitcoin transactions.

You must be patient and prepared to engage in extra teaching activities for some of your customers because, as you stated, female customers have less knowledge of Bitcoin. You must devote your time and accept the responsibility of teaching them.

.
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January 02, 2023, 07:26:20 PM
 #55

I am going to try to make this thread go viral, in Ecuador there is a great need for a beauty salon that can be paid with Bitcoin, because in my case I have a wallet on my phone, and I have not used it yet, and this would be the best for me. maximum, because the equivalent in dollars can be collected in Bitcoin and with that I save myself from not spending the cash that is sometimes so necessary to move to other places and put them to better use. If you were to do something like that here, it would be the best solution for everything, and I think wives would tell their husbands to send them a bitcoin transfer to pay for their hair and nails.

R


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January 02, 2023, 07:32:15 PM
 #56

I am going to try to make this thread go viral, in Ecuador there is a great need for a beauty salon that can be paid with Bitcoin, because in my case I have a wallet on my phone, and I have not used it yet, and this would be the best for me. maximum, because the equivalent in dollars can be collected in Bitcoin and with that I save myself from not spending the cash that is sometimes so necessary to move to other places and put them to better use. If you were to do something like that here, it would be the best solution for everything, and I think wives would tell their husbands to send them a bitcoin transfer to pay for their hair and nails.


In Ecuador? Really?
Because when people talk about Bitcoin adoption, Ecuador does not come to mind, unlike places like Venezuela, El Salvador, Argentina or Nigeria.
In my opinion sounds very situational, but since you live there I guess you have a better idea than I do about the utility of Bitcoin in your community.
Since Ecuador uses the USD as currency, I would not think the general population would immediately jump into accept BTC.

Also, SatoPrincess. I hope you can collect statistic data from your business so you can share it with us in the future.

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January 02, 2023, 07:42:19 PM
 #57

I was very lucky to see this post. There are several places near my home where BTC can be exchanged for US dollars. There were none last year. I think this is the process of the encryption industry that happened around me.

That's just a sign that Bitcoin is becoming more adopted into the society and we do hope the adoption rate continues to increase because it's surely going to affect the grow of Bitcoin ecosystem as a whole.
And if the growth continues to increase with experiencing any decline in a couple of years Bitcoin will become accepted globally and might even become popular than the Dollar. 

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January 02, 2023, 07:44:58 PM
 #58

I am going to try to make this thread go viral, in Ecuador there is a great need for a beauty salon that can be paid with Bitcoin, because in my case I have a wallet on my phone, and I have not used it yet, and this would be the best for me. maximum, because the equivalent in dollars can be collected in Bitcoin and with that I save myself from not spending the cash that is sometimes so necessary to move to other places and put them to better use. If you were to do something like that here, it would be the best solution for everything, and I think wives would tell their husbands to send them a bitcoin transfer to pay for their hair and nails.

Wow, I’m not aware Ecuador was a crypto hub. It’s a shame we are worlds apart. If you own a business, I think it’s a good time for you to adopt bitcoin payments.
Nice decision OP, since the government is seriously working to make bitcoin legal in the country for the users to use it to improve their businesses and other things in the country. You don't have to worry yourself about the few female customers you are seeing around your business because, from this 2023 there will be improvement from female and male customers in your business because, many people prefer to use Bitcoin as a payment than fiat in the country.
The ban didn’t stop us from going about our business, we were more careful how we make p2p transactions so as not to alert the authorities. Fortunately Bitcoin is now legal in Nigeria so there is complete freedom to use bitcoin, this will boost the number of people buying bitcoins.

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January 02, 2023, 07:50:33 PM
 #59

Awesome. You're adopting Bitcoin properly and effectively. Don't be demotivated if very few customers are willing to pay in Bitcoin. You could call this an advertisement for your business. Customers who buy with Bitcoin will share their experiences with others. As a result, more people will be curious and may come to you. Your existing customer, on the other hand, may learn about Bitcoin from you. It makes no difference that the majority of your customers are female. They may become interested if they see a discount. Because customers enjoy discounts and would like to learn more about Bitcoin.

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January 02, 2023, 07:58:20 PM
 #60

In my country Bitcoin has really become popular. not only among men but also popular among women. even some of the crypto market analysts I know are women. I always exchange ideas with him regarding market analysis. But unfortunately in my country really can't implement a payment system with bitcoin. because it's still illegal. and Bitcoin is only legal as an investment asset in my country. and taxes have already been imposed. But actually the government is also very open-minded with the progress of crypto and bitcoin. However, it may take some time for us to accept bitcoin as legal tender. but still, some shops owned by my acquaintances also accept bitcoin as a means of payment, but not many know about it because the shop doesn't put up a notice board about this. because well the problem is legality.
I am quite impressed with the OP's efforts to accept Bitcoin as a means of payment. This is indeed worthy of appreciation.

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January 02, 2023, 09:00:03 PM
 #61

I was very lucky to see this post. There are several places near my home where BTC can be exchanged for US dollars. There were none last year. I think this is the process of the encryption industry that happened around me.

That's just a sign that Bitcoin is becoming more adopted into the society and we do hope the adoption rate continues to increase because it's surely going to affect the grow of Bitcoin ecosystem as a whole.
And if the growth continues to increase with experiencing any decline in a couple of years Bitcoin will become accepted globally and might even become popular than the Dollar. 
Global adoption of bitcoin is taking place in a faster way than past days. In most cases they look for legal framework that makes the adoption little difficult. However few of the African countries are quite strong in cryptocurrency usage. As we were able to see QR code generated through banks for payments we can see bitcoin payment through scanning in most of the stores. What our forum members were doing is really big thing.

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January 02, 2023, 09:06:37 PM
 #62

Global adoption of bitcoin is taking place in a faster way than past days. In most cases they look for legal framework that makes the adoption little difficult. However few of the African countries are quite strong in cryptocurrency usage. As we were able to see QR code generated through banks for payments we can see bitcoin payment through scanning in most of the stores. What our forum members were doing is really big thing.
I would love to see them being consistent in doing so. So far none of these members have followed up the threads to give us a statistic of how their business has progressed since accepting bitcoin, how they have managed the profit/loss of choosing a volatile currency as payment. All this is important information so other members can be encouraged to start doing the same on their end.
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January 02, 2023, 09:24:44 PM
 #63

Choosing a stable coin is not a easy choice, USDT, BUSD, USDC are scary to me because I worry they may lose their peg.
Only if you want to keep it long term. But what's wrong with having it as another solution for those who don't own bitcoin, I guess you're still safe having payment options other than just bitcoin. On some of the services they also accept stablecoin and I think that will help their business reach those customers who don't own bitcoin. Anyway you might sell it soon or might be able to buy bitcoin with that stablecoin instead of depositing your fiat, but those are just a few of my thoughts.

I agree having more payment options will make your business more attractive, but given that your customer base is mostly women then it's likely that your acceleration of success on adoption will be a bit slow.

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January 02, 2023, 11:10:54 PM
 #64

I need to know who is going to be responsible for the fee. Are you going to task the customers for them to pay for the fee or the fee is going to be deducted from your pay? Bitcoin acceptance is good and this will promote the use of Bitcoin to people that have never heard of it before. The market is down and volatility is reduced, so this is the best time to do this so that when the price of BTC increase you will be in profits.

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January 03, 2023, 07:50:29 AM
 #65

I have been motivated by every person here who has in one way or another promoted bitcoin in their locality. This year, there’s been more bitcointalk members teaching bitcoin outside the forum and accepting bitcoin payment in their businesses. I’m happy I am ending the year trying something new and unique in my business.
https://i.ibb.co/m03f0JV/37-F0-A94-B-9371-49-C7-A9-BC-EEE1-D8-C7-CC5-F.jpg

https://i.ibb.co/HgMz6Jh/AC26-BE1-D-E386-44-AB-84-BE-72-BF5-F88-AD0-D.jpg

We are a beauty, cosmetic and personal care shop ( pedicure and manicure, lashes extension, facials, micro blading) in Nigeria.

https://i.ibb.co/ZhyCPqV/30091-ECF-D9-F2-4067-AB47-E1-B963-CF70-A6.jpg

To be honest, I was hesitant to do this because I thought it wouldn’t work in my profession. But there’s no downside to trying, so I did. After browsing the internet for a good bitcoin sign, I settle for this one. The sign is on my Secretary/cashier’s desk next to the card that has my bank account details. Placing the two together was deliberate because I put a discount on bitcoin making payments in bitcoin cheaper to attract people. The only challenge I face right now is 99% of our customers are female, and most do not have any prior knowledge of bitcoin or cryptocurrency, the ones who do either heard about bitcoin from their partner or social media campaigns but they haven’t given it much thought. It’s popular among the male folk here, I am yet to have a customer pay in bitcoin but it’s good enough to start the conversation. I placed a 10% discount for those who pay in bitcoin and that I think that move prompt my clients to begin asking how they can do so. I’ve had clients ask me to explain to them how Bitcoin works which I am always glad to do. Even my neighbor is curious and is likely to join the crypto fam soon. Though I haven’t had a bitcoin sales, this new addition to my business has added value and a closeness to my relationship with my clients.
Happy new year guys. See you in 2023
You gave me a full taste of freedom, the government of my region prohibits the use of any form of digital currency. For the government, the stability of the economic order is the most important thing, but for me, I can only trade digital currency on the exchange. It is hoped that more application scenarios will emerge in the future to realize the freedom of payment.
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January 03, 2023, 03:22:17 PM
 #66

Congratulations on your bold steps to accepting bitcoin as a means of payment for services rendered. I have long wanting this time to come whereby individuals and participants of this platform would start taking this step in accepting bitcoin for their services. If we all can do this within our reach in our various locality, I strongly believe it would spread like wide fire and however, it would also result to others around us  who have been rejecting this proposal to wanting to knowing more about bitcoin and as well accepting it for their service.
I see some people talking bad about these activities of bitcoin promotion and adoption, but forget that we all are in the same course and it takes bold steps to getting someone onboard this platform to accepting bitcoin. If only they have been able to talk to a single individual then they would know what it takes to talk sense into someone to showing them the opportunities a particular system offers.
You have done well OP.

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January 12, 2023, 05:59:20 PM
 #67

I thank you for such a nice business idea. Hearing that you opened a beauty soap parlor in your country and introduced a bitcoin payment system there really increased the love for you and bitcoin. But even if your business doesn't receive any bitcoin payments temporarily, when every customer hears about bitcoin from here and knows its use, your business will become more attractive. Because most of the women come here and if you can make them know about Bitcoin well then your business will definitely be successful. If you can educate every person in bitcoin education then at some point you will get a lot of bitcoin payment here.

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January 12, 2023, 06:17:49 PM
 #68

More and more business are now accepting crypto even small transportation and small business are now accepting it.
It is a great news for all of us and just a solid proof that it is really here to stay for good for those who are still doubting it.



.
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January 13, 2023, 12:59:58 PM
 #69

Hey satoprincess. I can't believe it's been a year since I remember you and the Christmas food drive (did you do one last Christmas?). And now for your beauty salon. How I wish there would have been Bitcoin in South Sudan when I was last there... paying with SSP was terrible as it kept getting more and more expensive by the day to pay for something, I think I remember giving a huge wad of cash for a haircut!

Here's an idea: prepaid bookings only possible with Bitcoin Wink Buy 20 treatments for the price of 15, at a locked in price. That's really handy for a place with high inflation (and doesn't hurt you since you get BTC).

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January 14, 2023, 10:05:46 PM
 #70

Hey satoprincess. I can't believe it's been a year since I remember you and the Christmas food drive (did you do one last Christmas?). And now for your beauty salon. How I wish there would have been Bitcoin in South Sudan when I was last there... paying with SSP was terrible as it kept getting more and more expensive by the day to pay for something, I think I remember giving a huge wad of cash for a haircut!

Here's an idea: prepaid bookings only possible with Bitcoin Wink Buy 20 treatments for the price of 15, at a locked in price. That's really handy for a place with high inflation (and doesn't hurt you since you get BTC).
Yes it’s been a year, time flies. We didn’t do one last Christmas, we are planning something different that’s specific to helping school children with their education. Fantastic idea I love it. It’s always rush hour, my clients like noon appointments and we always seem to have our hands full literally. I really love the prepaid bookings idea. One of my clients came to the shop with  her girlfriend who is a p2p trader today. To cut the long story short, I have a new client who is willing to pay in bitcoins and has promised to introduce her circle as well.

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January 14, 2023, 10:15:46 PM
 #71

it's a great idea by adopting bitcoin open your beauty shop accepting bitcoin payment no one can do that if their government still ban the use of bitcoin ,but if your government doesn't ban it that's very good and i will support very much

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January 14, 2023, 10:34:00 PM
 #72

Hey satoprincess. I can't believe it's been a year since I remember you and the Christmas food drive (did you do one last Christmas?). And now for your beauty salon. How I wish there would have been Bitcoin in South Sudan when I was last there... paying with SSP was terrible as it kept getting more and more expensive by the day to pay for something, I think I remember giving a huge wad of cash for a haircut!

Here's an idea: prepaid bookings only possible with Bitcoin Wink Buy 20 treatments for the price of 15, at a locked in price. That's really handy for a place with high inflation (and doesn't hurt you since you get BTC).
That's cool, now she has that parlor. I really hope that there will be no problem with this along the way. Also, it is quite risky for me, since it not yet acceptable in my country and we have some issues about it but I just hope she will not have it. All in all, it only shows that if we try to take  a risk there's no impossible, be unique and clear in your plans and dreams.
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January 14, 2023, 11:02:11 PM
 #73

Gradually the awareness of bitcoin is pushing and am happy that some people are beginning to adopt it in their different works of life. I love the fact the majority of forum members are helping in the spread of bitcoin to their locality in one way or the other. I would say that this is a good way to start since our major aim is to create awareness of crypto around the globe.

Imagine if we adopt this kind of move ''bitcoin means of payment'' to our business or daily life. It would be fantastic that can even help to soar the price of bitcoin

R


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January 14, 2023, 11:46:07 PM
 #74

-snip-
Imagine if we adopt this kind of move ''bitcoin means of payment'' to our business or daily life. It would be fantastic that can even help to soar the price of bitcoin
This forum is indeed the best place to spread awareness about using bitcoin and various other crypto platforms. There will be many people who start adopting bitcoin in their businesses. But it also depends on how their country treats adoption and provides related regulations on the use of bitcoins. In the eastern region of course it is an area that supports bitcoin, but in my country in Asia Indonesia, bitcoin can only be used as a commodity tool and nothing more.
Not expecting much from a legal means of payment with bitcoins, I just made a few investments and trades as that's all that's allowed.



Regarding the OP's adoption of his business, I just wanted to see how they accept bitcoins and what payment methods are used. Because so far I have never seen documentation of payments made. It should be if anyone starts paying with bitcoin then it should be documented from the beginning of the payment until the payment process is complete, it will prove that the small adoption in OP's business becomes an actual adoption in the acceptance of bitcoin.

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 airbet 
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January 15, 2023, 08:27:08 PM
 #75

Hey satoprincess. I can't believe it's been a year since I remember you and the Christmas food drive (did you do one last Christmas?). And now for your beauty salon. How I wish there would have been Bitcoin in South Sudan when I was last there... paying with SSP was terrible as it kept getting more and more expensive by the day to pay for something, I think I remember giving a huge wad of cash for a haircut!

Here's an idea: prepaid bookings only possible with Bitcoin Wink Buy 20 treatments for the price of 15, at a locked in price. That's really handy for a place with high inflation (and doesn't hurt you since you get BTC).
Yes it’s been a year, time flies. We didn’t do one last Christmas, we are planning something different that’s specific to helping school children with their education. Fantastic idea I love it. It’s always rush hour, my clients like noon appointments and we always seem to have our hands full literally. I really love the prepaid bookings idea. One of my clients came to the shop with  her girlfriend who is a p2p trader today. To cut the long story short, I have a new client who is willing to pay in bitcoins and has promised to introduce her circle as well.

Yeah, I did that whenever I travelled/worked in countries with hyperinflation long term (and I actually kinda did a few heh). It's not like I even really need the service a lot but it's nice to support local economies especially when you're embedded there for a while, kinda builds trust too.

Great news on new clientele. Keep this thread updated (how many payments would be nice) to show people it's worth the trouble.

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January 15, 2023, 09:06:23 PM
 #76

Congratulations Princess of Africa,  I am glad to see that you have always had a constant drive towards bitcoin adoption and usage within your locality, as a person from some region like yours I quite understand how it feels to have an alternative payment system independent from the banks.
Just a quick question on whether your hair-dressing saloon is a registered business and it is, then how do you pay your tax on Bitcoin payments?
As you mentioned in a comment on this thread of how you are planning another charity program to take care of some school students, and I want to encourage you to keep up with the good job you and all the rest of the other guys who are involved in all these charity programs outside the forum and impacting your immediate community positively through the use and help of Bitcoin.

.
.Duelbits.
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January 15, 2023, 09:18:57 PM
 #77

You’ve taken a very bold step and with time you’ll achieve your aim of this. Follow the road map of this step towards achieving what you have in mind in accepting bitcoin as a means of payment for your business.
I wish you the best in your business and I hope you accomplish many things this year through your bitcoin means of accepting payment and the business in general. You've shown that you're a bitcoin enthusiast by taking this audacious step.

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Ziskinberg
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January 15, 2023, 09:35:15 PM
 #78

It was really great to see that some business owners tried to risk more and convince others that Bitcoin is not only an investment that is mostly known about it but also can be a form of currency that is meant to be. As OP bring to that situation accepting BTC for her shop it gives a huge impact on the market as well and gives the chance for crypto users to spend their BTC.

It is another success in the crypto world, I'd see the massive growth of crypto adoption this year, not only in India but also in other countries especially if fiat inflation continues.


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June 13, 2023, 08:19:07 AM
 #79

It's cool and congrats on that!

It's fascinating for me to see how people use Bitcoin as a currency, it's great!

Can you share how successful it was?
Did you have any people actually paying with Bitcoin?

And what about the government?
Like how will you pay taxes with that and what kind of lows do you have regarding cryptocurrency like bitcoin?

I like to see people try it, but for now, there are not that many successful attempts to do it.
Usually, when people try to do it in the US, it cuts off pretty fast.
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June 13, 2023, 09:59:01 AM
 #80

This is one of the good decisions you made, and I congratulate you and it is also one of the things that spread the usages features of Bitcoin to any business that can use it. This is actually a good move. It may not be noticeable at the beginning but don't think about it as long as the important thing is that Bitcoin is one of your payment options at your beaty salon.

Do not understand how much if most of your customers are not yet aware of bitcoin, I am sure that the time will come when there will be some of them who will ask out of curiosity about bitcoin. And this will be the beginning for them to believe in Bitcoin at that would be depend on how will you going to explain to your customers about it.



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June 13, 2023, 10:40:10 AM
 #81

it is very profitable to currently open a business and accept payments with bitcoins. if this kind of thing is done more and more, it will accelerate the adoption of bitcoin among the wider community, people who don't know will find out, and people who know will tell the advantages of using bitcoin, so people who don't know before will be interested, with more and more people knowing like that, then this will result in a greater demand for bitcoin so that it can increase its price
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June 13, 2023, 11:26:25 AM
 #82

An excellent marketing step. Now this can create some difficulties, such as the cost per transaction. If the service is not expensive, then the price per transaction can be the same or almost the same as the price itself. Secondly, the time it takes to transfer funds can be an inconvenience. Now, as you said, not many people use it, especially considering that girls mostly use your services, but as an advertisement for your salon, this is a brilliant idea. People will discuss it among themselves. A wife at home with her husbands, at work, etc. I think your salon will become more popular. In addition, many people get to know better what bitcoin and cryptocurrency in general are.

Considering it's been 5 months at the time of writing, I wonder if anyone has used this service.

My best wishes!

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June 13, 2023, 12:07:28 PM
 #83

it is very profitable to currently open a business and accept payments with bitcoins. if this kind of thing is done more and more, it will accelerate the adoption of bitcoin among the wider community, people who don't know will find out, and people who know will tell the advantages of using bitcoin, so people who don't know before will be interested, with more and more people knowing like that, then this will result in a greater demand for bitcoin so that it can increase its price
Bitcoin is rapidly growing throughout the world and in local communities; Bitcoin is a long-term project with a transparent roadmap; and there is more encouraging news coming in from bitcoin traders. I would propose that you invest in projects that are more stable, such as USDT or BNB, because bitcoin swings a lot and losses are easy to make on a daily basis. The usage of bitcoin as a payment method in a beauty salon is essentially good news for the people who reside there. Those who have no understanding of bitcoin will be highlighted about its use, and we know how profitable it will be.



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June 13, 2023, 12:22:32 PM
 #84

Considering it's been 5 months at the time of writing, I wonder if anyone has used this service.

My best wishes!

I am happy to hear this news, the author innovated to develop Bitcoin to add community. Because Bitcoin lives based on community.  A community that believes in the value of Bitcoin. I think the author is smart enough to seize the moment. I hope the users do not have problems during transactions due to network congestion issues. Hopefully the author's efforts continue and do not get into trouble because they conflict with the government. Since my country bans Crypto as a means of payment, they only recognize it with paper money or metal from the government. 

R


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June 13, 2023, 01:24:39 PM
 #85

Your efforts to incorporate Bitcoin into your beauty venture are impressive! This unique union of crypto and cosmetics fosters inclusivity. Bitcoin isnt limited to tech industries! It's a perfect fit for the beauty domain, and your pioneering efforts are carving a niche. Your Bitcoin promotion with a 10% discount? Genius! No sales so far? That's okay, you've already ignited intrigue, fueled discussions, and bridged clients with the crypto world. Persist!

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