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Author Topic: [2014-08-31] Video: Bitcoin for Merchants: Lesson 1 - Why Accept Bitcoin  (Read 927 times)
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August 31, 2014, 03:55:32 PM

Bitcoin for Merchants: Lesson 1 - Why Accept Bitcoin

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August 31, 2014, 07:29:38 PM

Well, I liked the video and I used it already.  Grin

It might also help, if the other videos in this series, could focus on :

1. The need for the merchant to educate the consumers on the pro's of adopting BTC {Why would they want to change?}
2. Methods to incentive BTC use. {Discounts for popular products}
3. Providing ATM's or directions to the nearest BTC ATM's in store or online. {They need to have access to buy BTC}
4. Merchants should refrain from conversion to fiat. {Hoarding increase the demand for BTC and that push the price of BTC upwards for more profit}

Merchants simply adopt BTC payment and then they expect it to grow by it self. 
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