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Author Topic: I think we need to start asking people if......  (Read 783 times)
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August 26, 2023, 08:09:43 AM
 #61

This is the true meaning of "You will never know until you ask".

Many people know about Bitcoin in my country but they don't want to accept it as a means of payment, Those who are into online jobs and those who have some Bitcoin still don't want to accept it as a means of payment because they need the cash more than the Bitcoin, trust me I have tried it before and I saw so many different reactions to accepting Bitcoin.

I am a fashion designer who prefers accepting Bitcoin from very limited numbers of people and I did this because I want to hold Bitcoin for the long term, mind you, I always need cash too, and most times I end up exchanging some Bitcoin back to cash to fund my business.

It's pretty hard to interact with Bitcoin transactions among your people, they are not making it easier at all since the majority of them don't want it.


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August 26, 2023, 08:14:14 AM
 #62

This can only possible in countries where Bitcoins are legal. Else if you ask for giving in Bitcoins in countries where Bitcoins are not legalised, then most of the time people won’t be aware of what Bitcoins are. It’s great to see that OP you are promoting the coins by these steps. But according to me you shouldn’t give away these valuable coins, as Bitcoins are very rare and a time will come when the price will just be sky rocketing and there will be scarcity of the coins. So save and accumulate as many Bitcoins as you can.

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August 26, 2023, 08:21:59 AM
 #63

No, I don't ask them if they are accepting Bitcoin.  As much as possible I don't want to tell strangers about my involvement in crypto activities for security purposes.  I do not mind sharing them with close friends and relatives but with strangers, I just let them tell me their preferred payment options.  From that, I will choose, but mostly I wanted to pay in fiat so that my account won't be connected to anyone in terms of transactions except online transactions.

I live in country (Pakistan) where crypto is ban and people hide there involvement in crpyto to avoid legal actions against them. The government here is getting more and aggressive towards bitcoin. The countries where crypto is not banned, you can ask anyone whether he accept Bitcoin or not. But still paying to plumber or any other merchant in Bitcoin is not ideal because of time it takes to settle the transactions. LN may be a better option to choose if you have to pay in Bitcoin. 

Are Pakistan and Bangladesh close to each other? Because I also have a friend from Bangladesh and his country is very strict with bitcoin related matters. And his bitcoin holdings are not as favorable as many others.

I come from a country where bitcoin is not banned and people also regularly share information about bitcoin on their social networks. But I don't like doing that because I prefer privacy and if in OP's case, I wouldn't ask that plumber either. He's in the service industry, he should make public what payment methods he accepts, I have no reason to ask them about that. Second, I don't want to deny that using fiat or banking is more convenient in this case. One more thing, as @lionheart78 said, sharing bitcoins with strangers is not a nice thing.

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August 26, 2023, 08:22:13 AM
 #64

Have you guys been promoting Bitcoin by asking workers if they will receive Bitcoin as payment? How was it? This is actually the first time I will do such, all my mind was focused on, if I didn't see Bitcoin Payment Receive here I wouldn't bother.
I have never done this, maybe because my community value is not people who have the opportunity to accept Bitcoin as payment for the work or services they have done, so far what I have done with my Bitcoin is to use it for limited online transactions to buy some just thing, and unfortunately the website stop to accept Bitcoin at the moment and it looks like websites that accept Bitcoin feel there is a loss they receive because the price of Bitcoin is too volatile so they find it difficult to maintain Bitcoin as payment unless it immediately exchanges it for Fiat automatically. I really wish I could use Bitcoin for more direct transactions without having to convert it to fiat, but sadly Bitcoin adoption in my area isn't growing well enough.

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August 26, 2023, 08:36:20 AM
 #65

Sure, it's not a bad idea to go around asking people if they want to accept bitcoin when paying for things. Who knows, they might be interested and out of curiosity, they might even accept it. But, this is only going to happen if the amount isn't too big. Maybe for $10 or $20. I doubt someone who doesn't know much about bitcoin would be willing to accept $100 in bitcoin and take the risk of losing profit. And you might want to be cautious. Don't go around screaming you have bitcoin. Some might think you are rich and the next thing you will see when you wake up is that you are tied under a basement.
By the way, what made you think that a plumber wouldn't know what bitcoin is?

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August 26, 2023, 10:41:48 AM
 #66

While I was trying to question him about how he know about Bitcoin he revealed that he is a student, and that being a plumber is his side hustle, this answered my curiosity about how he knew about Bitcoin.

In my side too students are the ones that are mostly into bitcoin they just try to make money for themselves one way or another so i am not surprised that he demanded for bitcoin as payment. Alot of people know about bitcoin but you wouldn’t know if they don’t tell you about it. I also saw someone buying bitcoin on Binance one day i went out to watch football, a local competition held in my town i was so surprised because that person didn’t look like someone that would know anything about bitcoin or cryptocurrency i was so happy so i went to him to say hi and we exchanged numbers as well.

Have you guys been promoting Bitcoin by asking workers if they will receive Bitcoin as payment? How was it? This is actually the first time I will do such, all my mind was focused on, if I didn't see Bitcoin Payment Receive here I wouldn't bother.

I would also like to spread the word about bitcoin, but I haven't had much luck lately; everytime I try to do so, people haven't shown much interest, so I've given up on it. Additionally, I haven't come across any businesses that accept bitcoin as payment, but when I do, I'll definitely patronise them.

 
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August 26, 2023, 11:32:51 AM
 #67

Well that's kinda interesting... I tried promoting Bitcoin myself, especially with the people around me like my friends and family. And I am open towards them that I'm into Bitcoin and crypto. And most of them really got interested about Bitcoin. But I don't really casually promote it on random people like adding Bitcoin as a payment option, just like what you did. I didn't think of it cause probably most of the time, people would just ignore Bitcoin as one of the option. Also, you could only ask others about Bitcoin as a payment option if they aren't working for a certain company unless their company or work, accepts Bitcoin.

But this kind of promotion still depends on the person. Some would think it's okay and some would be worried about their security so it'll still depends on the situation or to whom you'll be asking that kind of question.
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August 26, 2023, 11:48:55 AM
 #68

Bitcoin have widely spread to level that everyone is interested in bitcoin and when you listen to news and television broadcasters you see that they help to market bitcoin because of forex trading and buying and selling of bitcoin,  if you establish a business now and your requirements of payment is with bitcoin, you see that most of people will like to make payment with bitcoin and when you pay them with bitcoin it's for their saves and same time for investment, but when you make payments with fiat currency it will be easily for them to spend it, so such is life.

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August 26, 2023, 12:17:07 PM
 #69

This can only possible in countries where Bitcoins are legal. Else if you ask for giving in Bitcoins in countries where Bitcoins are not legalised, then most of the time people won’t be aware of what Bitcoins are.

There is no correlation between the legalization of Bitcoin and people's knowledge of it. Bitcoin, on the contrary, is much more widespread in countries where it is not legalized, or partially legalized, as people perceive it as an alternative financial instrument capable of solving issues that national currencies cannot cope with. And in general, there are not many people left who are not at all aware of what Bitcoin is. Another thing is that not everyone knows how to use it. But this also depends more on the desire than on the conditions in which bitcoin is legalized.

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August 26, 2023, 12:41:47 PM
 #70

Bitcoin have widely spread to level that everyone is interested in bitcoin and when you listen to news and television broadcasters you see that they help to market bitcoin because of forex trading and buying and selling of bitcoin,  if you establish a business now and your requirements of payment is with bitcoin, you see that most of people will like to make payment with bitcoin and when you pay them with bitcoin it's for their saves and same time for investment, but when you make payments with fiat currency it will be easily for them to spend it, so such is life.


Bitcoin has spread and most people know about bitcoin, but what they care about is bitcoin profit, or they use it for the purpose of protecting assets from government tracking.  very few people consider it as a means of payment.  let's take you as an example, are you using bitcoin for your daily bills, or are you also accumulating it and using it to hide your wealth?  I mean, I don't think people will use it very often as a means of payment even if you live in a country where bitcoin is legal.

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August 26, 2023, 01:13:29 PM
 #71

Bitcoin have widely spread to level that everyone is interested in bitcoin and when you listen to news and television broadcasters you see that they help to market bitcoin because of forex trading and buying and selling of bitcoin,  if you establish a business now and your requirements of payment is with bitcoin, you see that most of people will like to make payment with bitcoin and when you pay them with bitcoin it's for their saves and same time for investment, but when you make payments with fiat currency it will be easily for them to spend it, so such is life.


Bitcoin has spread and most people know about bitcoin, but what they care about is bitcoin profit, or they use it for the purpose of protecting assets from government tracking.  very few people consider it as a means of payment.  let's take you as an example, are you using bitcoin for your daily bills, or are you also accumulating it and using it to hide your wealth?  I mean, I don't think people will use it very often as a means of payment even if you live in a country where bitcoin is legal.
Those people who does not consider bitcoin as payment option have their reasons why they don't consider bitcoin as such, what I know concerning bitcoin right now is that Bitcoin  as a payment is few people who values bitcoin will do that, people are be scared of bitcoin not using it as a payment option because it's not legalized, if bitcoin is properly being legalized you will see that all business will use Bitcoin as a payment option, they are just being afraid of bitcoin that is why you can't see  not business men and business women using bitcoin as a payment option.

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August 26, 2023, 02:46:25 PM
 #72

Reminds me of my close friend years ago when I bought some vitamins on a regular basis. I did asked him if he prefers cash, mobile payment or Bitcoin.

Although he preferred cash, but he was curious about Bitcoin. So I educated him a bit about the positive and real use cases of it as well as the risks.

He was not ready for BTC though, but would likely consider it sometime. Not all can be pleased or impressed about Bitcoin, but there are many people that we could spread awareness about it and not just focusing only on one.
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August 26, 2023, 03:59:36 PM
 #73

Sure, it's not a bad idea to go around asking people if they want to accept bitcoin when paying for things. Who knows, they might be interested and out of curiosity, they might even accept it. But, this is only going to happen if the amount isn't too big. Maybe for $10 or $20. I doubt someone who doesn't know much about bitcoin would be willing to accept $100 in bitcoin and take the risk of losing profit. And you might want to be cautious. Don't go around screaming you have bitcoin. Some might think you are rich and the next thing you will see when you wake up is that you are tied under a basement.
By the way, what made you think that a plumber wouldn't know what bitcoin is?
Will you be willing to pay feeses for such inexpensive $10 purchases? Even in El Salvador, where bitcoin is recognized as legal tender, not everyone wants to accept payment in bitcoin, so it's all very individual. Entrepreneurial people will want to try accepting bitcoin payments and see if it will allow them to make more profit, and if it doesn’t make much sense, then it’s clear that they probably won’t be interested. And those who are ready to accept payment in bitcoins will simply notify about this by some kind of signboard, so that everyone does not have to ask about it.

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August 26, 2023, 04:19:54 PM
 #74

That is exactly what I did at work....

I asked them if they were willing to give 15% of my salary in Bitcoin (because that was what I usually converted myself) and they agreed. Then I went around and asked a few food merchants in our area, if they accepted Bitcoin and three of them did.

Now, I get bitcoins as part of my salary and I spend some of it on food for lunch. It is so satisfying to oil the system and to keep Bitcoin going by spending bitcoins.. and not just hoarding it.  Cheesy Cheesy Cheesy

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August 26, 2023, 04:39:24 PM
 #75

Finance of a person can be make stable if he spent his income according to the specific planning as spending more money in useless activities is a way towards defeat.
Sharing ideas with friends, reading books and watching videos helps an individuals how to work properly according to one's income. Also if one see how his fellows that how he managed his expenses then it can also helps him alot. No one is perfect but perfection comes when we work for it so no one is financially stable from start but if one realized the factor which will aid him then financial stability is not a big issue.









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August 26, 2023, 04:54:41 PM
 #76

Bitcoin isnt just digital gold; its a reflection of our collective consciousness shifting towards decentralized systems. Start asking, start promoting, and maybe, just maybe, we can set the sails towards a future less dependent on outdated monetary systems
I'm sorry i am not going to ask a 'plumber' if they accept BTC, if they accept BTC as one of their payment methods they have to let their customers know, and even if i hire a domestic worker to come work for me in my home and they accept BTC, i am going to pay in fiat and pretend like i don't use BTC. You don't know who this person could be, they might return later at night, but this time with a $5 wrench in hand.

I prefer to spend my BTC in a store or in any area where my trading partner doesn't know my house, we might change the stereotype in the future, but for now once people see that you use BTC, they'll think you are rich and might plan an attack on you, i am not ready to take that risk.

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August 26, 2023, 06:15:09 PM
 #77

The water system in my house got some blocking issues and I needed to call a plumber, the plumber guy I was used to was not available, I called and he said he is far away, so I looked for someone else.

After he went through the problem and fixed the pipes for me, out of joke I gave him payment options that are available, if he will like any.

I asked him if he will want cash, bank transfer or Bitcoin, to my surprise he answered Bitcoin, I don't take this very seriously because, you know, most people don't care about Bitcoin here, but he brought out his smartphone and told me to scan the QR CODE.

I asked if he really his serious and he said yes, I had to pay him in Bitcoin and he said something that caught my attention.

He said people don't ask that's why he believed no one is using Bitcoin as payment.

He also said collecting cash will make him spend the money faster but he chose Bitcoin because he planned to start buying the following week.

While I was trying to question him about how he know about Bitcoin he revealed that he is a student, and that being a plumber is his side hustle, this answered my curiosity about how he knew about Bitcoin.

Have you guys been promoting Bitcoin by asking workers if they will receive Bitcoin as payment? How was it? This is actually the first time I will do such, all my mind was focused on, if I didn't see Bitcoin Payment Receive here I wouldn't bother.


First of all, I appreciate you for playing an important role in promoting Bitcoin as an excellent form of payment. I think the student who came to work for you as a plumber knew a lot about Bitcoin. It is good that students are also interested in Bitcoin. Receipt in the form of bitcoins can make his earnings safe and profitable. He rightly said that if he had received cash from you, the money would have been spent by him. His receipt in the form of bitcoins suggests that he was interested in investing in bitcoins. Of course, investing a portion of your earnings into Bitcoin is one of the best strategies. People who know about Bitcoin will definitely accept Bitcoin as payment, because they know that they can convert Bitcoins into cash whenever they need. We are continuing the awareness campaign about Bitcoin among the people around us, and trying to make people prefer to invest in Bitcoin. It would help a lot to promote Bitcoin if everyone tried like you.

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August 26, 2023, 06:31:54 PM
 #78

In the beginning, when I first discovered Bitcoin, I attempted to explain its concept to my friends. Unfortunately, back then, none of them showed any interest. However, just 3 days ago, when we gathered again, they noticed the progress I've made. They are now aware of my continued involvement with Bitcoin and regret not paying attention earlier. They express a desire to get involved, but the high volatility of the market makes them hesitant to take the plunge. However, I haven't extended any offers to involve them in my workers.

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August 26, 2023, 06:59:21 PM
 #79

It will be better if knowledge of bitcoin is obtain by everyone but I don't think that in our society everyone knows about it. As you described about plumber so may be he has knowledge about it as he is a student and in every institution where there is one guy involved so every other guy also tries to do the same thing.

It means that he wants from longer time to buy bitcoin but due to some issues he cannot do it so by working as a plumber he achieved his desired goal. Spreading knowledge is easy and there will be lots of individuals who will do that so buying bitcoin sometimes become difficult therefore for those individuals taking bitcoin as a payment will be useful thing.









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August 26, 2023, 07:46:06 PM
 #80

It seems that the plumber had a pretty solid knowledge of Bitcoin and its advantages hahahaha. Which may indicate that you are more aware of current financial and technological trends. There are times when the person we least believe has great knowledge, the adoption of Bitcoin as a form of payment is not yet wide compared to traditional currencies... The volatility of the value of Bitcoin and the lack of regulation in some places can influence. . the willingness of people to accept it as payment... But I would say that the lack of knowledge is even greater, because most of the people I have asked about Bitcoin, none of them know what it is, the only thing is that young  observed that they tend to know more about what Bitcoin is and what it is for... It is fascinating how technology is influencing various industries and our daily financial interactions, I just hope more is known in my country.
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