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Topic: All I need to teach my employees about Bitcoin (Read 793 times)

hero member
Activity: 2366
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November 10, 2022, 11:14:46 AM
#67
Good Day fellow Bitcoiners  Kiss.
   I am an entrepreneur and also a Bitcoiner, I have two business which am running and in this two businessI accept Bitcoin as a means of payment . I am using Exodus wallet to receive payment.
 When ever a customer desires to pay in Bitcoin/crypto in my absence, I am usually contacted by my employees. I have explained some few details on how to receive payment from customers in crypto but I think they still find that means of payment as not being convincing, so I want to take out time to teach them  Bitcoin, advantage, users, how to receive and how to send Bitcoin. I want to give them a full knowledge about Bitcoin. My request from this forum is to give me more hints on other things I must lecture them on concerning 😟 Bitcoin and how to receive payment from customers.

Thanks, Detritus.

You can teach them just a glimpse of bitcoin and mostly how to transact, as that is one of your employee's tasks. Conduct training for them for a day or 2; I am confident they can catch up easily. You should tackle and explain to them what bitcoin is, how to send and receive, and most important, security and how to be safe. I am glad that their business owners initiated this kind of payment method. Good luck to your business, and I am hoping many customers will come to your business.
member
Activity: 519
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That is a good one to teach your  employee Bitcoin, on how to receive payment and also to show the transaction confirmation, if the payment went successful, without you been around as the owner of the business, and that will added advantage towards the cryptocurrency community and your business center as well, without your present, payment can be done successful. 
member
Activity: 96
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It all depends on what kind of business the author has and what kind of employees. Seniors need more time to understand new knowledge, especially in the field of cryptocurrency. Young employees will be much easier to get with new technologies. You can talk about other ways to get paid with crypto. About crypto processors like SHKeeper - https://shkeeper.io/. To make the knowledge gained more relevant.
member
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I remember one of the successful entrepreneurs in my country, he understands about Bitcoin, in fact he has traded and invested in the crypto world, he is also a friend of mine, he managed to achieve good results as long as he did that in the crypto world, his choice was Bitcoin, recently he taught about crypto especially Bitcoin to his employees.

But, dear thousand dear, he does not teach risk in trading and investing, he teaches based on his experience, the end of the story the employee he taught Bitcoin suffered huge losses, so blasphemy and resigning from his company happened, that's what happens if you don't teach how Bitcoin and the crypto market work.

@Detritus I can only suggest you, teach them the risks of trading and investing first, if you want to teach them about Bitcoin, so that you are not blamed by your employees when they trade and invest Bitcoin, they must know the risks before making a profit in the crypto market.

I have really had lots of opinion on this thread @YOSHIE, why some members opinion is that I should just run my business and not teach the employees anything but am on a second thought but thanks for your opinion.
member
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In general, I learned all these features while working on the demo account of the AMarkets broker. I found this option to be the safest.

This thread was not created for spam post like that 👆, delete this comment or I report your account.
hero member
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www.Crypto.Games: Multiple coins, multiple games
My request from this forum is to give me more hints on other things I must lecture them on concerning 😟 Bitcoin and how to receive payment from customers.
You have really taking a bold step, from accepting btc as a method of payment in your organization to trying to educate your employees about bitcoin.
I don't really have much advice to give but to you.
All you just need is a projector, or a white board, a simple graph about how btc works, and if they have access to anything that have access to the internet access they can educate them self from the fundamental that you have giving them.
That’s right, taking a step forward in crypto is a hard thing, and start accepting bitcoin which is a volatile thing is even scarier and doing that for your business will be something many people would be afraid of.

I understand that there are some, specially people here on bitcointalk do accept it easily and that’s understandable, but that doesn't change the fact that we are talking about something that would be beneficial to everyone who would be able to make it work in the long run. That doesn't mean that just because we accept it, it’s easy, it’s not because we are here and can't see it, at the outside world it’s still a very difficult thing.
hero member
Activity: 2268
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You own the pen

In this specific case he did not teach Blockchain and Bitcoin technologies. The employee thought it all boiled down to that, and unfortunately he had his losses.

That's why it's important to talk about technology, because price is just price. But the technology behind it and the good it brings will never change.

We should need to take our time to consider explaining to them the advantage of having it and of course the pros and cons as well especially the volatility in the crypto market to avoid some blames from them. The most accurate information about the advantages of this technology is the feature where you are the only one who has full control of your money. You don't need anyone or any banks when you want to use your bitcoins. Which is the most underrated feature of it and the most ignored until it's proven by the fact that they no longer have access to their trusted banks.
newbie
Activity: 14
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In general, I learned all these features while working on the demo account of the AMarkets broker. I found this option to be the safest.
How does working on Demo account of Amarkets broker relate to teaching ones employee about bitcoin and its payment system ?

My request from this forum is to give me more hints on other things I must lecture them on concerning 😟 Bitcoin and how to receive payment from customers.
You have really taking a bold step, from accepting btc as a method of payment in your organization to trying to educate your employees about bitcoin.
I don't really have much advice to give but to you.
All you just need is a projector, or a white board, a simple graph about how btc works, and if they have access to anything that have access to the internet access they can educate them self from the fundamental that you have giving them.
legendary
Activity: 1904
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Glory To Ukraine! Glory to the heroes!
I remember one of the successful entrepreneurs in my country, he understands about Bitcoin, in fact he has traded and invested in the crypto world, he is also a friend of mine, he managed to achieve good results as long as he did that in the crypto world, his choice was Bitcoin, recently he taught about crypto especially Bitcoin to his employees.

But, dear thousand dear, he does not teach risk in trading and investing, he teaches based on his experience, the end of the story the employee he taught Bitcoin suffered huge losses, so blasphemy and resigning from his company happened, that's what happens if you don't teach how Bitcoin and the crypto market work.

@Detritus I can only suggest you, teach them the risks of trading and investing first, if you want to teach them about Bitcoin, so that you are not blamed by your employees when they trade and invest Bitcoin, they must know the risks before making a profit in the crypto market.

There are things that cannot be taught. You can explain to a person all the basics, teach technical analysis, but in practice everything will happen differently, there will be no ideal situations on the market, this is too difficult a work. In addition, there are examples when even experienced traders sell at a loss, what then can be said about a beginner who is just starting his journey in the world of cryptocurrencies... Education is also a kind of responsibility, you give a person knowledge and how he will use them, that's another question.
full member
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“FRX: Ferocious Alpha”
When you decided to accept bitcoin as payments meaning you already had an idea on how it works because you will never trust this like that for your business if there is a lack of knowledge.

and from those? surely you have your ways on how to find this useful.

_______________________________

But answering most of the topic? it is internet that will keep you understanding everything and to teach your employees .

Just extend some more time because what we can tell here is completely given in Google or other platforms.
hero member
Activity: 1316
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Top Crypto Casino

(...)
But, dear thousand dear, he does not teach risk in trading and investing, he teaches based on his experience, the end of the story the employee he taught Bitcoin suffered huge losses, so blasphemy and resigning from his company happened, that's what happens if you don't teach how Bitcoin and the crypto market work.

(...)

In this specific case he did not teach Blockchain and Bitcoin technologies. The employee thought it all boiled down to that, and unfortunately he had his losses.

That's why it's important to talk about technology, because price is just price. But the technology behind it and the good it brings will never change.
legendary
Activity: 2128
Merit: 1775

I remember one of the successful entrepreneurs in my country, he understands about Bitcoin, in fact he has traded and invested in the crypto world, he is also a friend of mine, he managed to achieve good results as long as he did that in the crypto world, his choice was Bitcoin, recently he taught about crypto especially Bitcoin to his employees.

But, dear thousand dear, he does not teach risk in trading and investing, he teaches based on his experience, the end of the story the employee he taught Bitcoin suffered huge losses, so blasphemy and resigning from his company happened, that's what happens if you don't teach how Bitcoin and the crypto market work.

@Detritus I can only suggest you, teach them the risks of trading and investing first, if you want to teach them about Bitcoin, so that you are not blamed by your employees when they trade and invest Bitcoin, they must know the risks before making a profit in the crypto market.
hero member
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Leading Crypto Sports Betting & Casino Platform
Actually what you are doing is very good but on the other hand you also can't force things like this according to your own will, especially if it's talking about business and customers.
bitcoin is still considered dubious for some circles and this is indeed very reasonable because currently in some areas bitcoin and crypto are still considered taboo.
It would be better if you set up an Optional about this meaning being able to transact via bitcoin if they want that but otherwise you just have to trade as usual.
I think the advice you say is good enough for the OP to run in terms of running his business. And I think the OP also needs to see how many people already know and use Bitcoin and crypto in the area where he is running the business. If it's still very little, then the options for Bitcoin and crypto payments can only be intended or used by a few people there and the rest is like you said where the OP can run his business as usual or as other people in general in the area do.
This is what the OP has to think about especially if you see the business that the OP runs is also related to consumers and in this case there is a proverb in my country that says "consumers are king" so we need to increase consumer convenience in services and services so as not to move to other competitors.
Using bitcoin in payments is quite good because this can be an innovation and a good initiator in the OP's area but still we also have to look at other factors such as conditions there whether crypto is fully accepted or still something taboo.
hero member
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Looking for gigs
Good Day fellow Bitcoiners  Kiss.
   I am an entrepreneur and also a Bitcoiner, I have two business which am running and in this two businessI accept Bitcoin as a means of payment . I am using Exodus wallet to receive payment.
 When ever a customer desires to pay in Bitcoin/crypto in my absence, I am usually contacted by my employees. I have explained some few details on how to receive payment from customers in crypto but I think they still find that means of payment as not being convincing, so I want to take out time to teach them  Bitcoin, advantage, users, how to receive and how to send Bitcoin. I want to give them a full knowledge about Bitcoin. My request from this forum is to give me more hints on other things I must lecture them on concerning 😟 Bitcoin and how to receive payment from customers.

Thanks, Detritus.

Although that it is great to see someone like you accepting Bitcoin payments for a couple of your businesses, as what I have understand it looks like you have lack of preparation.

I know that excitement is always there, but it’s always better to take it slow by training and guiding your employees in accepting Bitcoin for payments.
hero member
Activity: 1316
Merit: 407
Top Crypto Casino
Good Day fellow Bitcoiners  Kiss.
   I am an entrepreneur and also a Bitcoiner, I have two business which am running and in this two businessI accept Bitcoin as a means of payment . I am using Exodus wallet to receive payment.
 When ever a customer desires to pay in Bitcoin/crypto in my absence, I am usually contacted by my employees. I have explained some few details on how to receive payment from customers in crypto but I think they still find that means of payment as not being convincing, so I want to take out time to teach them  Bitcoin, advantage, users, how to receive and how to send Bitcoin. I want to give them a full knowledge about Bitcoin. My request from this forum is to give me more hints on other things I must lecture them on concerning 😟 Bitcoin and how to receive payment from customers.

Thanks, Detritus.

I believe it has already been mentioned here, but for friends who want to start or have specific questions I always send the Binance Academy link (https://academy.binance.com)

I think it's a very complete content and for beginners it's something very good because there is a whole process, a path to be followed without searching around and everything is still free.
legendary
Activity: 2338
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DGbet.fun - Crypto Sportsbook
Good Day fellow Bitcoiners  Kiss.
   I am an entrepreneur and also a Bitcoiner, I have two business which am running and in this two businessI accept Bitcoin as a means of payment . I am using Exodus wallet to receive payment.
 When ever a customer desires to pay in Bitcoin/crypto in my absence, I am usually contacted by my employees. I have explained some few details on how to receive payment from customers in crypto but I think they still find that means of payment as not being convincing, so I want to take out time to teach them  Bitcoin, advantage, users, how to receive and how to send Bitcoin. I want to give them a full knowledge about Bitcoin. My request from this forum is to give me more hints on other things I must lecture them on concerning 😟 Bitcoin and how to receive payment from customers.

Thanks, Detritus.


learn from personal experience when I, teach on my sister's bitcoin transactions.

that is, telling him to join this forum to find basic info from bitcoin itself, after understanding it teaches very sensitive things to send / receive btc to fellow users
that's very basic in my opinion, the rest of what you say
I will do in the future , and I'm grateful that now my sister understands more about finding coins that can potentially benefit in the short term than me

There would be nothing wrong with him referring his staff to the forum to learn about bitcoin. In your case you are teaching your sister about bitcoin trading, how to make profit with bitcoin and of course it takes more time and effort. But here he just wants to teach his staff how to pay bitcoins from customers and it's not so complicated and time consuming like you.
So I think it would be good to just teach the staff some basic knowledge like how to provide wallet addresses to customers, send and receive bitcoins, confirmation time to complete transactions... I think this is enough for an employee to replace him in his absence.
hero member
Activity: 1708
Merit: 566
Leading Crypto Sports Betting & Casino Platform
Actually what you are doing is very good but on the other hand you also can't force things like this according to your own will, especially if it's talking about business and customers.
bitcoin is still considered dubious for some circles and this is indeed very reasonable because currently in some areas bitcoin and crypto are still considered taboo.
It would be better if you set up an Optional about this meaning being able to transact via bitcoin if they want that but otherwise you just have to trade as usual.
sr. member
Activity: 812
Merit: 365
In my opinion, it's better to teach them all about crypto/bitcoin in full, so they understand what it's for, and what it's used for,

because if they are only taught to accept bitcoin,
and they don't know how it works or what bitcoin is for, that's not good in my opinion,

because if they already understand or understand about the use of bitcoin / crypto you will not bother twice to tell them, because they already understand.
sr. member
Activity: 2436
Merit: 343
learn from personal experience when I, teach on my sister's bitcoin transactions.

that is, telling him to join this forum to find basic info from bitcoin itself, after understanding it teaches very sensitive things to send / receive btc to fellow users
that's very basic in my opinion, the rest of what you say
I will do in the future , and I'm grateful that now my sister understands more about finding coins that can potentially benefit in the short term than me
Honestly? I have been in cyrpto longer than most people have been and I am still having a bit of hard time when I am getting paid or paying someone. It’s always a bit of a difficult job because I know that one mistake and I would lose all of my money. It’s easier to be afraid and right than being calm but wrong.

So, I would say that keep that panic mode on at all times when you are dealing with crypto transactions, not during investments though because panic could make you lose money with bad investment decisions, only during transactions. That would make sure that you are doing the right thing at least and that’s why it matters so much.
It was not because you are have been in crypto for many years or just new to this, the thing is that it depends on you personally if you can manage to take bigger responsibility or not. Coz I believe that these new generations are techier and I think they can easily adapt to the situation and make their crypto job well. Besides, it was our personal approach to how this thing been doing, and if we are afraid that certainly will affect our mind and becoming more afraid to try it.
copper member
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Bitcoin is really easy to use. You just need to download wallet software and you are set to go making transactions imo. Trying using bitcoin beside just reading about it usually makes the beginning much easier. I started education my self about bitcoin by reading the whitepaper and then signing up  for coinbase.com for online wallet. Paying for website hosting etc. was a bliss. 
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