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Author Topic: What would you ask about?  (Read 1232 times)
Hamuki (OP)
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March 19, 2015, 08:48:21 AM
 #1

Lets say you were a company that had no idea bitcoin excists..

And someone wants you to start using it.

What questions would you ask?

(This is so I can give people a better answer when they ask what BTC)

Thank you Smiley

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March 19, 2015, 09:43:42 AM
 #2

It's like starter questions to be. But since there is enough of Bitcoin marketing I think there is no company which would start it without knowing what it is. Don't you think that they wouldn't go in something they don't already know what it is? Would you? Would anyone? Think about it.



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Hamuki (OP)
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March 19, 2015, 01:49:34 PM
 #3

It's obvious, "What is bitcoin ?"

And after someone answer it, most likely they will ask these question :
"It is real?"
"It is legal?"
"It is can be manipulated?"
"It is secure?"

Yea.. But what I have in experience is that people are afraid of the price that is so volatile.
They dont want to hold the BTC after the purchase, they just want to sell it instantly.


Hamuki (OP)
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March 19, 2015, 01:50:25 PM
 #4

It's like starter questions to be. But since there is enough of Bitcoin marketing I think there is no company which would start it without knowing what it is. Don't you think that they wouldn't go in something they don't already know what it is? Would you? Would anyone? Think about it.

Thinking more of they have seen it from time to time and want more info about it.

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March 19, 2015, 01:56:00 PM
 #5

Lets say you were a company that had no idea bitcoin excists..

And someone wants you to start using it.

What questions would you ask?

(This is so I can give people a better answer when they ask what BTC)

Thank you Smiley

1. Do you know about bitcoin
2. Do you want to transact in a fast, secure and anonymous way
3. ...with low transaction fee?
4. Do you want to be part of the future?
Agestorzrxx
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March 19, 2015, 01:56:24 PM
 #6

"What the hell of bitcoin " may be the first question.
People still don't trust bitcoin around me, they still believe it is a ponzi game.
Ron~Popeil
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March 19, 2015, 01:57:08 PM
 #7

How will it increase my profits?
What risks are involved?
How much time will I need to devote to this?
Will my employees need special training?

These would be the most important questions for an average business owner.

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March 19, 2015, 02:11:20 PM
 #8

How will it increase my profits?
What risks are involved?
How much time will I need to devote to this?
Will my employees need special training?

These would be the most important questions for an average business owner.
The company cares more about the profits and easy solution to run their business. if bitcoin suits their needs, they will definitely embrace bitcoin!
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March 19, 2015, 02:20:48 PM
 #9

I would not ask them much, but would do my own research to see if I in any way can increase my sales when accepting Bitcoin.

Comparing Bitcoin costs vs costs from traditional payment options, etc.

No chargebacks is a huge plus and also the low fee structure would convince me to use it.
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March 19, 2015, 02:22:32 PM
 #10

The most important question a business owner(especially small business owners) would ask is how can Bitcoin be profitable to me over credit cards processing?

http://credit-card-processing-review.toptenreviews.com/?cmpid=ttr-bnd

Eliminating the per transaction fee, monthly and annual, and % cut credit card companies take is huge for a small business owner's bottom line.

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March 19, 2015, 02:28:03 PM
 #11

It's obvious, "What is bitcoin ?"

And after someone answer it, most likely they will ask these question :
"It is real?"
"It is legal?"
"It is can be manipulated?"
"It is secure?"

I don't think so. It'll more likely be "Sorry, I don't have time", or "Sorry, I don't want to buy your thing".

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March 19, 2015, 02:30:42 PM
 #12

I would not ask them much, but would do my own research to see if I in any way can increase my sales when accepting Bitcoin.

Comparing Bitcoin costs vs costs from traditional payment options, etc.

No chargebacks is a huge plus and also the low fee structure would convince me to use it.

these questions above are more likely the issues a merchant will be concerned with.

the whole decentralised, pseudonymous, cryptograpy buzz words have no practical use to a business. and should only come into the conversation far later if the merchant wants to know about the deeper stuff.

so stick to what truly benefits a business.
1. not having to pay monthly processing fee's to accept funds online
2. not having to do any 'bill payer only' delivery service, allowing more freedoms for the customers delivery destination
3. no need for merchants staff to waste hours a week/month handling chargebacks (less admin)
4. no need to hold logs of transactions for half a decade as its all logged on blockchain (less admin)
5. no credit checks as its all actual funds related
6. no/less need to worry about identity theft issues

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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March 19, 2015, 02:49:04 PM
 #13

I think rather than asking what bitcoin is, the first thing I would ask is How can it help the company to make more profit? If the idea is not attractive then forget about it. I think you have to be prepared for that because most business minded people is all about making money in their mind.

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March 19, 2015, 03:47:31 PM
 #14

'How can this make me more money?' 'Will I go to jail if I use it?'

That seems to be the most common questions that uninformed persons would ask.
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March 19, 2015, 04:02:03 PM
 #15

Well, the biggest sales pitch to companies is it's cheap to accept bitcoin, cheaper than credit cards, and safer than cash.

Irreversibility of transactions is also a great point in favor of adoption.

I guess, the big doubts will be, is it legal? Is it safe? Is it cheap?

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March 19, 2015, 06:00:58 PM
 #16

As a relatively new bitcoin user, I had some concerns about learning about how wallets work, whether they are secure, if there are any fees associated with having an account, and what is the difference between the wallets available.
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March 19, 2015, 11:25:48 PM
 #17

Will I reach new customers with it?

I used to be a citizen and a taxpayer. Those days are long gone.
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March 20, 2015, 02:29:56 AM
 #18

Teacher: Today, we're going to talk about the tenses. Now, if I say "I am beautiful," which tense is it? Student: Obviously it is the past tense.




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March 20, 2015, 02:46:52 AM
 #19

Keep in mind, the whole point of a business is to sell a product or service for profit.
They will want to know how they can use Bitcoins as a payment to cover expenses and pay employees.

IMO, this is probably the biggest problems with widespread adoption-- it takes momentum.
A business won't want to accept a Bitcoin if they can't use it to pay for the input materials of a product or as a valid way to pay wages.

If I owned small brick and mortar business, my first questions past the "what is BTC" would be "why is it valuable to me?"

-

Also, my first post on a forum (ever)  Smiley
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March 20, 2015, 02:53:28 AM
 #20

I don't know exactly what questions they may make but every time i am trying to discusses it with other people which don't have a clue about bitcoin and cryptocurrencies they see it as another bubble and the reactions are bad so it will be good to include some answers to why it wont be a bubble..  Smiley

Kind Regards,
BTC-Bank.
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