A good way to promote Bitcoin or not?

[pixie85]

What benefits come from using it as payment?

I don't know how many people will choose bitcoin payment but it won't be a large percentage at first.

If you're a bitcoin investor and would like to buy and hold some as a store of value accepting it in your store is a great way to DCA anonymously without having to touch an exchange, go through their KYC process and all that.

There's a chance you'll find new friends. People who live in your area and are into bitcoin but weren't spending it locally because there were no places that accepted it. Maybe some of them will want to help your business.

[Iranus]

It is not only a good way to promote bitcoin but also benefits you. Adding bitcoin to your business payment method will help your business attract more customers, especially bitcoin investors like us. As a bitcoin investor, I am really excited and interested in businesses that use bitcoin, so I think others are too, I'm sure it will attract other investors. But more importantly, you must ensure you live in a country where bitcoin is legal, or your business will run into trouble with the law.

[Crypt0Gore]

It depends on where you live and whether there are a lot of bitcoin users in your area, or you can promote your trade through social media or where you trade with flyers so you can accept bitcoin payments.
and if your business always has a lot of people coming to buy i think there is nothing wrong with you doing that and i think now everyone knows what bitcoin is and what bitcoin is used for. And the advantage you get if you accept bitcoin as payment is, when the bitcoin price goes up, your previous profit will double according to the bitcoin price.
and I suggest you keep it for the long term, and if there is something to buy for your business, put it on fiat and let your bitcoin work and grow.
and ignore those who think bitcoin is a fraud because there are still many people who believe in it.

There is not much Bitcoin users in my area but I think idea will bring up some curiosity, there are smart students around my area for example and I believe they could develop some interest .

As for my business, I am thinking of an attractive offer that can make them want to buy Bitcoin and use Bitcoin to buy from me then this will even prompt them to look more into what Bitcoin is.

[Mpamaegbu]

It's a welcomed development. That payment method has been ongoing among some of my compatriots here who run local businesses in the country. For them, they've recorded surprising patronage which was birthed out of curiosity. Note that there are people who are keen on trying new techs if they're exposed to it. Just be ready to answer a lot of penetrating questions on what you're about to get into. Do you've time for that? Will you not be irritated by their nagging questions and then get stressed out? By the way, get a Bitcoin sign and place in your shop to get more attention. If you're lucky, those who know about Bitcoin already and live in your area will want to flock to your shop more because there's that comradeship among Bitcoiners.

[S A KHAIR]

Why not? It's not a new idea, but it sure would be interesting if there weren't many bitcoin-accepting shops in your area before. You will be the pioneer so you will attract a large number of customers to use bitcoin. That way, you can also accumulate more bitcoins without having to buy on exchanges and incur additional transaction fees.

[Yatsan]

So my wife and i has a big wine 🍇 store and this includes other drinks as well, we sell in packs, and loads of people always come around to buy from us, I am thinking if this is a good opportunity to start promoting Bitcoin? I mean if some can pay Bitcoin for goods and services it will help even if they are few.

I believe this can make people start wondering what Bitcoin is and I will be waiting for questions like

What is bitcoin?

What benefits come from using it as payment?

Then I will give my answer and see if any people become more interested in it, some have heard about it but they have a wrong perspective of what Bitcoin is leading to believe it's a scam.  What do you think?

I guess, to instances as such, the outcome depends on your business and not to your consumers. Ofcourse this would be a good idea especially for crypto industry but what would matter is whether your business would survive doing so or not. Given that the market price won't continuously go up, how would you be able to sustain your business in the first place during market dips? Let's be real. Such business would require you to put stock whenever it is running low. Would you be able to sell your holdings even if the price is still low?, That would be an instant loss for sure. Supporting this industry will never be a bad idea but be sure you'd be able to compensate yourself as well.

[mvdheuvel1983]

Then I will give my answer and see if any people become more interested in it, some have heard about it but they have a wrong perspective of what Bitcoin is leading to believe it's a scam.  What do you think?

Incorporating bitcoin as a payment method into your company is always a smart move. In actuality, it's the modest part you can play in spreading awareness of and encouraging the use of bitcoin.
I advise you to thoroughly plan it out and attempt to test out a few of your potential ideas. Here is an idea: you could have a screen or banner that provides information on the investing in bitcoin and how one can get involved and use it for payment of goods or services where it is accepted.

[coupable]

I think that you will complicate the matter more for your customers, because this procedure will help, of course, to introduce Bitcoin and the benefits of using it, but it will not be very encouraging to them.  To buy a bottle of wine should not be very complicated, and if the transaction can be achieved using some cash or a transfer using a bank card, then there is no real need to use Bitcoin in this case.  
You can imagine the technical dilemmas that you will involve yourself in finding solutions to in order to establish a Bitcoin payment system, whether on a virtual or physical store.

[Jawhead999]

Honestly I don't understand

Yeah it's good if you want to promote Bitcoin and I wouldn't stop your idea, but what's the benefit you will get? I'm just talking if I were you, as a businessman you're spend 24/7 to expand your business, how you can have a time to teach every person that interested with Bitcoin when you're not get anything?

I mean either your customer pay your wine for Bitcoin or fiat, the value is same and I wouldn't wasting my time to repeat over and over.

[Blawpaw]

So my wife and i has a big wine 🍇 store and this includes other drinks as well, we sell in packs, and loads of people always come around to buy from us, I am thinking if this is a good opportunity to start promoting Bitcoin? I mean if some can pay Bitcoin for goods and services it will help even if they are few.

I believe this can make people start wondering what Bitcoin is and I will be waiting for questions like

What is bitcoin?

What benefits come from using it as payment?

Then I will give my answer and see if any people become more interested in it, some have heard about it but they have a wrong perspective of what Bitcoin is leading to believe it's a scam.  What do you think?

Its always great to have someone promoting Bitcoin when selling their own goods. Now, when doing that you will always face haters which will certainly point oit that Bitcoin is a scam. Thats when you will have the chance of evangelizing some more hatters and make them believers. If you manage to do that, its a win win
 

[uneng]

So my wife and i has a big wine 🍇 store and this includes other drinks as well, we sell in packs, and loads of people always come around to buy from us, I am thinking if this is a good opportunity to start promoting Bitcoin? I mean if some can pay Bitcoin for goods and services it will help even if they are few.

You probably have seen a considerable number of threads from retail sellers on this forum section sharing their personal experiences when adopting Bitcoin as a payment method for their businesses, especially in Nigeria. So yes, it's a good a way to promote BTC to potential new adopters who have never heard about it before, or have heard, but have no clue on how to start dealing with the digital currency.

If you have spare time to teach and guide your customers, it's really a good idea. This way you will also be helping Bitcoin adoption to grow, consequently boosting BTC price even more.

[danadc]

I think that you do very well in accepting bitcoin, because it is the money of the future, you have to see that all the benefits that bitcoin gives are many, it is a very good way of having a secure payment, and if the merchant wants to have that money in savings can increase greatly when bitcoin increases, bitoin's tendency is always to rise in price, in the short term things can become very confusing but understanding well what can be achieved is very large, it should be taken as The best way to have profitability up to a lifetime, because if you manage to have 1 bitcoin it is enough to live a life full of luxuries.

[GideonGono]

So my wife and i has a big wine 🍇 store and this includes other drinks as well, we sell in packs, and loads of people always come around to buy from us, I am thinking if this is a good opportunity to start promoting Bitcoin? I mean if some can pay Bitcoin for goods and services it will help even if they are few.

There are so many business owners who are doing it even if it is just a small business it is still for publicity and people around you would be aware of it.

I believe this can make people start wondering what Bitcoin is and I will be waiting for questions like

Curiosity could always work that is how some of us got into crypto honestly it is also part of the reason why I got into it.

What is bitcoin?

Whenever I got that question I would just tell them that it is a cryptocurrency a digital money that has been created to give us financial freedom and anonymity.

What benefits come from using it as payment?

Cashless transaction other than that it would really depends on the seller some gives out discount for using crypto as a payment on their business.

Then I will give my answer and see if any people become more interested in it, some have heard about it but they have a wrong perspective of what Bitcoin is leading to believe it's a scam.  What do you think?

It has been that way ever since the beginning there are always some people who thinks that it is a scam, even some of my relatives thinks that it was a scam when I first introduce it to them, they were thinking that who on earth would buy a single piece of coin with that much value.
They just need to understand and we just need to explain it much more or detailed that is how I dealt with it.

[RockBell]

The promotion of bitcoin is not a bad idea at all, but would people want to spend their bitcoin now considering the state of the market I personally would not want to make that decision of spending my bitcoin. The good news is that the information will spread through customers visiting your store and if questions are raised you should also inform them of the risk involved in the investment.

[decodx]

Accepting Bitcoin as a payment option for your store could be a great way to attract customers who prefer using cryptocurrency as a form of payment, while also promoting the use of Bitcoin and other cryptocurrencies in your community. The popularity of cryptocurrencies is growing, and many people are looking for ways to use them as payment methods. Not only does it provide more options for your customers, but it also gives you access to a wider base of potential buyers. It's an opportunity for you to stand out and offer a unique service to your customers.

[justdimin]

I think that you do very well in accepting bitcoin, because it is the money of the future, you have to see that all the benefits that bitcoin gives are many, it is a very good way of having a secure payment, and if the merchant wants to have that money in savings can increase greatly when bitcoin increases, bitoin's tendency is always to rise in price, in the short term things can become very confusing but understanding well what can be achieved is very large, it should be taken as The best way to have profitability up to a lifetime, because if you manage to have 1 bitcoin it is enough to live a life full of luxuries.

It's true, bitcoin is not even the money of the future anymore, it's literally money of todays world. I understand that fiat is still used a lot more that's true, but who invests into something that is considering such situations in the long run?

I have to say that it is not going to be any different in the future, bitcoin is the most invested money of all time; yeah all I am saying is that it is the most invested money of all time. That's why it's going to stay that way, nothing that you could spend and invest into at the same time could be this big, it's really insanely well designed.

[Desmong]

Of you are planing to promote Bitcoin with what you sell so that people can always come and buy from you with the hope if using Bitcoin as a payment then that's is fine. Is is good to promote Bitcoin I'm any place you are so that people around you can learn and get to know about what Bitcoin is all about. That is a good move for the community and Bitcoin to grow to other regions.

[The Cryptovator]

If Bitcoin is legal in your country, this is a wonderful way to promote it. You can write something like "Bitcoin accepted here, pay in Bitcoin get 10% discount". Those who acknowledge Bitcoin will pay you in Bitcoin. Those who are unfamiliar with Bitcoin will be inspired by it. If this is the case, they may inquire about Bitcoin and conduct their own Google search. This indicates that you are directly adapting Bitcoin. On the other hand, it will assist in the expansion of your business. People will talk about you accepting Bitcoin and spread the word. As a result, you may gain more customers.

[Newlifebtc]

That seems like a great idea. People who buy wine tend to have more money to spend on investments, and tend to be more educated which means they are more open to learning about something like bitcoin and using it.

For my understanding I believe that there is no idea that is not good but in some extent what somebody have to do I do with money the person have to take a proper care and the understanding before doing anything that you not regret concerning bitcoin. Investment with bitcoin is quite alright but aspect of investment risk must be taken

[Bananington]

What do you think?

A big wine store means a single sale can be a huge amount of money on a good day and also means that there will be a lot customers to your store because people like different categories of drinks. Introducing bitcoins to your customers for payment is a great idea. The benefit to you is that it can reduce the stress with going to banks and help you avoid any third party challenges. The benefit to your customers is that it will introduce another payment option to them. It is a good way to promote bitcoin.