I want to place advert for my customers to fit pay me with bitcoin.

[Stable090]

I be business man wey de into buying and selling, and na normal tin say wen customers buy di goods wey I de sell dem go pay with our fiat currency wey be naira. But since wey I don enter dis bitcoin, I de always reason weda make I advertise say my customers fit to pay for di products wey dem buy for my shop with bitcoin. So why I bring dis topic here say make una follow chuk mouth for inside di matter be say as CBN still ban cryptocurrency, weda e still make sense say make I go ahead and advertise to my customers and on social media say dem fit to make payment to me with bitcoin?

Na nice ideas as plenty people never start to dey accept bitcoin for our country, maybe na because awareness never too dey or maybe people dey fear because of bitcoin volatility, but if you wan run your own na nice idea ooo. You dey fear say CBN don ban crypto for our country, but even CBN no understand themselves, and even if CBN ban bitcoin, e no go stop you make you no run your thing, You think say CBN go even notice your business not to talk of say you wan get problem with them, if you wan accept bitcoin make u dey accept am ooo, no allow CBN policy discourage you ooo. And na formal CBN governor carry d policy come, him don dey DSS hand already.

I know say di primary purpose of creating bitcoin na to take make digital payments for transactions anywhere in di world. I like as di coin de decentralized, so na im make I want to key into dat original purpose, based on say na wetin I de inside.

Plenty people no even sabi d purpose why Satoshi create bitcoin, Wetin everybody know be say if dem buy bitcoin and hold dem go make profit, dey no know say na make we dey use am run transactions na why him create bitcoin be that. I no talk say make we no hold bitcoin ooo, everybody wan make money now, but make we dey try use am run transactions to so that e go fit dey serve d purpose Satoshi create am.

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[Wiwo]

The thing is that,  accepting Bitcoin or any other coin of your choice in your business is ok as an alternative mode of payment, but the limitation is in your customer's reaction because a good percentage of Nigeria citizens are either unaware of Bitcoin or don't even know how to make a Bitcoin transactions talk more of them using it as a daily spending currency.

Accepting cryptocurrency in business is not an easy thing and how to sustain it in a region where bitcoin and other cryptocurrencies are seen as a threat to the banking sector like Nigeria

[CryptSafe]

The thing is that,  accepting Bitcoin or any other coin of your choice in your business is ok as an alternative mode of payment, but the limitation is in your customer's reaction because a good percentage of Nigeria citizens are either unaware of Bitcoin or don't even know how to make a Bitcoin transactions talk more of them using it as a daily spending currency.

Accepting cryptocurrency in business is not an easy thing and how to sustain it in a region where bitcoin and other cryptocurrencies are seen as a threat to the banking sector like Nigeria

Accepting it is not a problem though but customers too would be glad there are other means of payment the vendor accepts and if they deem it fit to pay through bitcoin that's a welcome development as well too because it would be ok for them to do and at their own convenience. The bitcoin option of payment I believe is not compulsory neither is it mandatory to do but of choice and willing to if you have.

Although the banks frown at Crypto but there are  p2p outlets ready to transact so one should not be in a panic mode as to where to sell his or her bitcoin after accepting it as a mode of payment.

[Marykeller]

Before peso go start up any business or introduce any payment method for em business em get some certain wey em need to consider before em start am. Whether the place wey em business dey so wetin d go dia, if em introduce any new thing for em business whether em go work for am.

Having said that, introduce Bitcoin payment for your business dey okay, but make you no forget sae, no be all Nigerians go like pay with bitcoin for things wey d buy for your hand. Majority go prefer pay with fiat instead of bitcoin due to high gas fees

[CryptoHeadlineNews]

Having said that, introduce Bitcoin payment for your business dey okay, but make you no forget sae, no be all Nigerians go like pay with bitcoin for things wey d buy for your hand. Majority go prefer pay with fiat instead of bitcoin due to high gas fees

Yes, na better talk you just yan there my guy, because apart from mere talking about accepting Bitcoin as a means of making payment for goods or services, there are some other things O.P need to understand before he begins, such as;
1. What if after someone have already send you Btc and after few minutes to an hour he hasn't gotten the fund in his wallet, what is he going to do?
   (i) Is he going to allow the buyer go with the goods hoping to receive deposit?
   (ii) Is he going to ask the buyer wait until he receives deposit? Or,
   (iii) Or does he know how to check if a transactions is waiting for confirmation or confirmed using Blockchair explorer? Which I think is best option to be done in situation like this.

2. What if after receiving payments for a goods or service rendered and then after the price of Bitcoin fall drastically on the day he was to go buy more goods. Is he ready and willing to bear such risk?

Because those are the two questions he just need to answer to know if he is truly ready to accepting Bitcoin for his business.

[Buddyspa]

You have to do some researches about the work, if it's legit or not but sure there's work that pay with Bitcoin.

[SmartGold01]

Na normal thing be that wey we supposed do if we get business and e happened say people wey dey around us know about nd dey use am, the best na to introduce am give them to start making use of that opportunity I know say cbn no go be anything since e be say we fit still trade on p2p.

[Cryptomultiplier]

I know say di primary purpose of creating bitcoin na to take make digital payments for transactions anywhere in di world. I like as di coin de decentralized, so na im make I want to key into dat original purpose, based on say na wetin I de inside. But at di same time, I no know weda I go break di law, if I give my customers di option of paying me with bitcoin, because of di CBN ban?

Who be CBN to ban Bitcoin? CBN only ban their people dem wey be banks to no dey transact with Bitcoin and besides that one na past government na, dem dun commot the previous CBN governments from office so things supposed dey straighten up soon although I no think dem go unban banks from interacting with Bitcoin directly. Wetin this law means say you no fit buy Bitcoin or sell Bitcoin to your Banks. Why them come out with the law na dat time wey rumors been dey say some banks wan dey offer crypto exchange services. You fit run your business nothing concern CBN with wetin you dey do with your business. Nigeria never ban Bitcoin, na unless Tinubu come out to announce say all Bitcoin transaction are illegal na when you go dey reason to stop dey accept Bitcoin.

You know how many businesses are operating officially for Nigeria wey dey involved with Bitcoin, your own no go different. Run your matters on the low avoid social media sha make e just be decentralized exchange between you and your customers because if you carry am go online and law enforcement agency see am dem go wan use you chop. Tax collectors go begin reason you and EFCC as well. You know Nigerian no dey like see person progress, na so dem go begin badmouth yout business wey go come dey attract unnecessary attention wey no go make sense for your business so I go advise you run the mata offline and make your cutworms donthe marketing for you when dem get better services from you.

Na offline advert sure pass o. You go feel say FG no put eye for your matter until them go ask you to file tax returns as requirement for you to continue your business operations.
For this country, most business operations mostly if you use crypto, should be between trusted persons with whom you may have done business transaction with.
Nobody know who be spy these days.

It's a good idea though, but the medium to convey the information matters.

[Out of mind]

It may be a good idea since u have decided to start Bitcoin trading in your business. It's good if u advertise your store with bitcoins for buying and selling products. But you must consider the case of transaction free if it is not considered appropriate to buy a product if the transaction free takes more than that. Bitcoin transactions are particularly challenging for small businesses due to high fees that can cause losses. But I think it would be a good thing if more expensive products accepted payment by Bitcoin. Since u personally pay customers in Bitcoin it is your choice so it would be great to discuss with those who are interested in paying Bitcoin.

[Merit.s]

OP, nobody get right for Nigeria to tell you say make you no accept or use bitcoin because na we dey carter for ourselves. Government abandon their work wey be to take of citizens,come dey thief our money. Bitcoin in business will add more advantage to your sales because you accept varieties of currency. My only advise as Brainboss talk put am on the low,anything to put am for social media say you dey accept bitcoin no make sense. Tell only your customers wey you fit contact. You no go regret am,if you take this bold step. You to also understand say bitcoin na volatile currency, he go better if you know how to do so that you no go run into loss because bitcoin no be like stable coins.

[Mate2237]

OP, nobody get right for Nigeria to tell you say make you no accept or use bitcoin because na we dey carter for ourselves. Government abandon their work wey be to take of citizens,come dey thief our money. Bitcoin in business will add more advantage to your sales because you accept varieties of currency. My only advise as Brainboss talk put am on the low,anything to put am for social media say you dey accept bitcoin no make sense. Tell only your customers wey you fit contact. You no go regret am,if you take this bold step. You to also understand say bitcoin na volatile currency, he go better if you know how to do so that you no go run into loss because bitcoin no be like stable coins.

Merit.s why you dey tok as if you no be Nigerian. U dey tok sae nobody get right, den why banks obey the CBN order for not accepting cryptocurrencies in their commercial business? Merit.s if Nigerian government can ask Banks to stop cryptocurrency transaction, they can control any other central exchange platforms. U never hear sae , police dey disturb people wey dey use bitcoin in pH. Person don tell me sae police dey worry well well. Dem go tell you sae, government don stop bitcoin so why you dey use am. And in BY if police find out sae you get bitcoin, my broda dem go drain your wallet.

[blackened515]

OP, nobody get right for Nigeria to tell you say make you no accept or use bitcoin because na we dey carter for ourselves. Government abandon their work wey be to take of citizens,come dey thief our money. Bitcoin in business will add more advantage to your sales because you accept varieties of currency. My only advise as Brainboss talk put am on the low,anything to put am for social media say you dey accept bitcoin no make sense. Tell only your customers wey you fit contact. You no go regret am,if you take this bold step. You to also understand say bitcoin na volatile currency, he go better if you know how to do so that you no go run into loss because bitcoin no be like stable coins.

To accept country for this kind country, you wan just cast yourself, you forger say our government be don put ban for cryptocurrency, no forget say if them noticed because OP de call attention to himself, na so dem go seize everything concerning e business, dem go even accuse am of embezzling governmental resources, be like you no no as this country worst. Na why anything you de plan to do or you de do, just keep am lowkey, make no body no weytin be your next move. Your customers self, no b all of them you go tell, because people sabi talk oo.

[Macoach]

Em op you know say this strategy fit no too balance if the goods or service u dey render dey cheap or low priced as bitcoin dey too volatile e fit affect your customers instead carry stablecoins take run am since this one price dey gidigbam for market e no too dey volatile like that . Then from there u fit coke dey introduce bitcoin to them .And this your plan go also help increase Nigerians for our local board cause na her you to tell them make them come learn this bitcoin wey dem Don dey hear since.

[rachael9385]

How many person dey use bitcoin for ur area wey you wan make advert for piple to come and use bitcoin to buy goodies in di shop. My brother you better leave it as im be. As dem dey use di fiat nai sure pass. Di way I see BTC im never reach dat level wey people go dey use am dey buy and pay things free like dat because the change e dey high. Pesen no go even do am sef. So I will advise you not to do am because e no go favour you and e no go favour do buy.

My broda no be small bitcoin adoption never reach that level for this country and plus the fact say e still even dey illegal sef to use because of the ban so e go day complicated because much customers dem no go dey wey you fit render these services, so I go also advice the op to just lay low for now and focus more on accepting Fiat.

Well, I don't have much to say, but I strongly believe that in this country, Nigeria, there are a lot of people, both celebrities and upcoming celebrities, ordinary men, who know about bitcoin investment which both of you already know, so what I will say is that nowadays, investors are not ready to spend a bit of their coins because every investor is expecting the bullish season sooner.

I know if any of you see a place where Bitcoin is accepted as payment, you both can not use a little of your coins to purchase anything, instead, you both use your Fiat currency to pay.
So, guys, if the OP is planning to advertise his goods with him accepting BTC for his business, allow him. Besides, the world is a very big place and that's why we need to advertise our products. We don't know who might need them, even if they don't pay with Bitcoin. They might need his goods or services.

[Smartgoat]

E no bad for the topic wah you bring up here make we follow put mouth on it. because our work here is to make BTC popular. but you no say , for our country here . government done say make Banks no dey allow make country people use BTC as a means of payment. so going back to it with your customers, you are risking your business. by Lossing customers because BTC is not generally used in this country. I for advice you make you continue your business with our Fiat currency. to avoid attracting government eye to your business.

[Kelward]

I reason wetin most of una talk because as I see am most people wey adopt bitcoin for Nigeria, na mainly for di purpose of trading or investing di cryptocoin, no be to use am as a means of payments. Di reason why many bitcoin holders no de use am make payments fit be because of di CBN ban, others fit be because dem no wan attract di attention of police and EFCC to dem sef, because of di experiences of harassment wey dem de give young people wey de use am.

After wey I start dis thread, I still go ahead to put small banner in front of my shop say customers fit pay with bitcoin, aldo since wey I put di banner, till now no body don pay with bitcoin. And I never get any harassment yet from anybody about di bitcoin advertisement. I no really get any fear because I know say bitcoin no de illegal for Nigeria.