Why don't you also try to provide a Lightning payment option to your customers? Also, although I'm a user of Exodus myself, please be informed that it is not a totally open-source wallet. It has components that are not open-source. You might want to check out Bluewallet for Lightning payments.
For your employees, teach them about transaction confirmation so that they would know whether the payment is already there. They should know how to check transactions using blockchain explorers like Blockchair. For Bitcoin payments, why don't you just leave a QR code for it? It would be a lot easier for your customers.
Topic: All I need to teach my employees about Bitcoin - page 3. (Read 780 times)
Good Day fellow Bitcoiners 
.
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 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.
Like what was previously posted, these types of movements are what drive the motivation of others to influence them in applying BTC to payment methods.
It can be challenging if you are teaching the fundamentals of BTC to your employees especially if they seem to ignore you, which I hope is not the case. I also do hope that you teach them the basics of BTC, and not just the routinary work of accepting payment, etc. I seriously hope that people would also consider that implementing a crypto payment option will definitely boost its reputation slowly in the market!
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.
This is great. I followed your previous thread. Also, coming back to ask for more hints on what to teach your employees about bitcoin proves that you are committed to making it work. This is my two cents. First, have your employees sign up on Binance or on whatever platform appeals to you. Teach them to buy and sell bitcoin. It sounds crazy but unless they get to understand the importance owning and using bitcoin for transactions from personal standpoint, it will be difficult for them to see the importance in the business. It should be teaching them first how Bitcoin will work and how it will store in a safe place, let them understand that storing in custodial exchange might have a chance of losing their fund. After purchasing it should be transferred into the non-custodial wallets. Transferring crypto isn't reversible, they should be careful with every transaction.
Chose a wallet that you can modify the fee which I think Electrum wallet is enough for this.
For now you can provide them the details of your wallet address and show them how the fund received can be verified even without the key to access the wallet. So, in your absence they can just check the number of confirmation and let the customers continue their wallet.
The change it have made around the world through the innovation can be taught. Maybe they can get interested and if they request to know about investment and the ways followed, you can teach them later.
The change it have made around the world through the innovation can be taught. Maybe they can get interested and if they request to know about investment and the ways followed, you can teach them later.
You can just simply let them know about scanning the qr or paying with the bitcoin/crypto address if a customer wants to pay through it.
And then, let them have you a call to verify if the payment already arrived on the wallet. There's a trust issue if they're allowed to given access to the wallet itself. But, I think that's the best way on giving them the idea on how their customers should pay you with any crypto you accept.
And then, let them have you a call to verify if the payment already arrived on the wallet. There's a trust issue if they're allowed to given access to the wallet itself. But, I think that's the best way on giving them the idea on how their customers should pay you with any crypto you accept.
Teaching people new to the crypto industry may not be easy. It should be started with the easy one, the middle, and then the applicative ones. We know that many people are also willing to be in the crypto world. But they started it wrong because they only consider the profits to gain. I really hope that you will explain these to them. It needs to start with Bitcoin, total supply, and also a utility for recent and the future.
Then, we can continue to describe altcoins. Actually, we can see and find many books and sources to learnabout cryptocurrency easily. At least they also know how to send and accept Bitcoin. So, they will not be trapped,.
Then, we can continue to describe altcoins. Actually, we can see and find many books and sources to learnabout cryptocurrency easily. At least they also know how to send and accept Bitcoin. So, they will not be trapped,.
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.
This is great. I followed your previous thread. Also, coming back to ask for more hints on what to teach your employees about bitcoin proves that you are committed to making it work. This is my two cents. First, have your employees sign up on Binance or on whatever platform appeals to you. Teach them to buy and sell bitcoin. It sounds crazy but unless they get to understand the importance owning and using bitcoin for transactions from personal standpoint, it will be difficult for them to see the importance in the business. if possible, they can create their own trading account in their local crypto exchange if they don't want to sign up in binance. though there's p2p in binance, which they can convert their crypto to their fiat. to give a hands-on experience to your staff, you can send small amount of btc as a start to their account and teach them how to convert it to your fiat. this will give them appreciation that btc indeed has fiat value. so convincing their customers would be easier as they have first-hand experience when it comes to crypto trading.
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.
As an extra tip OP to ensure continuity of this knowledge also since your current staff may not be constant, you can consider properly conveying the knowledge about bitcoin in a form that can just be presented to a new employee if it gets to that, to bring them up to speed. You could compile a good material whether offline (hardcopy) or online (to share the link), so it eliminates the stress involved with teaching new intakes 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.
This is great. I followed your previous thread. Also, coming back to ask for more hints on what to teach your employees about bitcoin proves that you are committed to making it work. This is my two cents. First, have your employees sign up on Binance or on whatever platform appeals to you. Teach them to buy and sell bitcoin. It sounds crazy but unless they get to understand the importance owning and using bitcoin for transactions from personal standpoint, it will be difficult for them to see the importance in the business. 
Detritus I think for now what you need is a faster way to run your business without any pending work just because you want to tell your employees how to trade bitcoin tutorials. You can do the advice from franky1, because after all the implementation will not be much different. Rather than spending time teaching them about Bitcoin, it might be easier to understand with hands-on training.
I will summarize it into stages according to what franky1 said.
I will summarize it into stages according to what franky1 said.
have them book mark a bitcoin price calculator site.
so that when selling goods for $xx.. they can calculate how much btc that totals and ask customer to pay
get your employees to bookmark the blockchain.info/btc/[your address]
on their phone so they can watch for new payments,
the site also displays a QR code for that address the employee can show to customers
.
then the employee just watches for the payment to show in on the page
you could also then code up your own app that automates all of this
so that when selling goods for $xx.. they can calculate how much btc that totals and ask customer to pay
get your employees to bookmark the blockchain.info/btc/[your address]
on their phone so they can watch for new payments,
the site also displays a QR code for that address the employee can show to customers
.
then the employee just watches for the payment to show in on the page
you could also then code up your own app that automates all of this
Little advice from my self when you accepting bitcoin as payment currency on your business need to teach all your costumer know how to make transaction trough bitcoin. I think you have many kinds bitcoin address payment depending which one asking by your costumer, usually sending bitcoin trough exchange market by lightening network have faster transaction process than sending with different exchange market.
You need to teach your employees ask to costumer which one wallet used for sending payment to your business, maybe some costumer coming from the same exchange market you used and easy sending with the same exchange account trough sending with ID like Binance pay without fees.
You need to teach your employees ask to costumer which one wallet used for sending payment to your business, maybe some costumer coming from the same exchange market you used and easy sending with the same exchange account trough sending with ID like Binance pay without fees.
If you're getting payments from customers to a wallet, they're paying by sending their BTC directly to a Bitcoin address? How does that work in practice, do they have to wait up to 10 minutes to see the first confirmation of the transaction?
If your employees have trouble understanding how to accept these payments, I think it's best to just make it super easy for customers, so that employees don't have to do much. Something like a QR-code they scan to pay would be nice, and then I assume the job of the employees to check if the transaction received at least one confirmation?
Aside from using a wallet, knowing that a transaction can't be faked and that there's a small chance it won't go through which is why waiting for 1 confirmation is usually reasonable, I don't think they need to know much.
Maybe some basic safety of private keys, a little training of sending and receiving some BTC from one another would also help them get more confident about it.
If your employees have trouble understanding how to accept these payments, I think it's best to just make it super easy for customers, so that employees don't have to do much. Something like a QR-code they scan to pay would be nice, and then I assume the job of the employees to check if the transaction received at least one confirmation?
Aside from using a wallet, knowing that a transaction can't be faked and that there's a small chance it won't go through which is why waiting for 1 confirmation is usually reasonable, I don't think they need to know much.
Maybe some basic safety of private keys, a little training of sending and receiving some BTC from one another would also help them get more confident about it.
Exodus wallet is suck, don't use it. It's much better if you're using electrum, but I would recommend to use Bitcoin payment processor e.g. BTCPay.
The first thing is does your employees interested with Bitcoin? If they're don't like or interested with Bitcoin, they wouldn't use Bitcoin. They might use it at the first time or when you ask them to use, but they're use Bitcoin because they're getting forced by you. Any employees mostly agree and following what their boss command, it's not good for them to reject it.
If you want to teach, it's better to teach from the beginning by comparing fiat money and Bitcoin.
The first thing is does your employees interested with Bitcoin? If they're don't like or interested with Bitcoin, they wouldn't use Bitcoin. They might use it at the first time or when you ask them to use, but they're use Bitcoin because they're getting forced by you. Any employees mostly agree and following what their boss command, it's not good for them to reject it.
If you want to teach, it's better to teach from the beginning by comparing fiat money and Bitcoin.
You haven't mentioned how you receive Bitcoin. Are you using a payment processor to handle the transactions or do you receive the coins on a private wallet that you have set up? Like Electrum or something similar. You should mention that because it's easier to give proper suggestions when we know what we are dealing with exactly.
I receive payment directly to the exodus wallet I created for my business.what I'm a little curious about is whether when you receive a payment with bitcoin, you immediately convert it to your local fiat (to avoid bitcoin price volatility)??
by only using the exodus wallet, I think it's inefficient, you should be able to do that automatically because you are doing business and the profit from the sales you get must be for the operational costs of your business (unless you do it for a long-term hold).
I've never tried it myself, but what I've heard is that Binance Pay can be used for businesses that accept payments via crypto including bitcoin, maybe you can find out more about that.
I’m amazed on your enthusiast to teach your customer about Bitcoin while most of this customer usually don’t have to listen on lectures by someone only. In PH most of the customers usually ignores and don’t have interest on listening about the business owners talking about.
What country is your business is? Most the important Bitcoin lecture is on beginners and help section. Just make it simple and quick to avoid confusion that usually discouraged them to learn more.
What country is your business is? Most the important Bitcoin lecture is on beginners and help section. Just make it simple and quick to avoid confusion that usually discouraged them to learn more.
You haven't mentioned how you receive Bitcoin. Are you using a payment processor to handle the transactions or do you receive the coins on a private wallet that you have set up?]
(....)
OP mentioned they are using the Exodus wallet and the Exodus wallet is a personal wallet different from any payment processor.(....)
At first, thought, using a payment processor is the best way to do it here, especially since the owner sometimes is not around and employees are being in charge of it. There are already a lot of payment processors that will really help your business run smoothly by accepting payments.
You'd probably have to start by teaching them all and then work out who's more comfortable with using it and take it from there. Learning by a guided workshop will be a lot better than just giving them a list on what to do when accepting payments but that'll take more work.
You could try to scope out whether some employees are already better with technology than others (but this might not help that much as the technology is quite different).
What type of business is it you're running? Do you have to wait for confirmations before the person gets the item? Are the customers local? Is there potential to set up a prepay system for ones who regularly come in so you don't have to confirm the transaction straight away.
You could try to scope out whether some employees are already better with technology than others (but this might not help that much as the technology is quite different).
What type of business is it you're running? Do you have to wait for confirmations before the person gets the item? Are the customers local? Is there potential to set up a prepay system for ones who regularly come in so you don't have to confirm the transaction straight away.
Good Day fellow Bitcoiners .
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 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.
Well, if it's all about teaching how to use bitcoin then I will say that you don't have to do the tough job.
There are already so many videos out there on youtube which you can make your employee see and make them understand.
You can talk to them and make them understand how wallets work and how transactions are done practically.
Once they see enough videos and see things practically they will surely understand how the system works.
You become an extraordinary ruler because you have followed the development of technology well. accepting bitcoin payments is certainly an alternative payment option for those bitcoiners who want to use their bitcoins. This is a mini-adoption that utilizes bitcoin as a means of payment in addition to Fiat.
and you currently want to teach your employees, of course, you need to provide the main guidelines or explain in detail what to do when someone wants to pay with bitcoin. Make sure you create an SOP (Standard Operating Procedure) for bitcoin payments so that your employees just have to run it.
By the way, if you are using an Exodus wallet, of course, it already supports Lightning Network, I suggest including accepting Bitcoin Lightning to make it more efficient because the network costs are cheaper and faster than regular networks.
and you currently want to teach your employees, of course, you need to provide the main guidelines or explain in detail what to do when someone wants to pay with bitcoin. Make sure you create an SOP (Standard Operating Procedure) for bitcoin payments so that your employees just have to run it.
By the way, if you are using an Exodus wallet, of course, it already supports Lightning Network, I suggest including accepting Bitcoin Lightning to make it more efficient because the network costs are cheaper and faster than regular networks.
for employees that just take payments.. they dont need the jargon explained. they just need to know how to acept payment
no business does training days to tell their staff that bank notes are based on inflationary debt where its not actually made of paper but some cottonpaper mixture.. they just say here is the cashtray of a Epos system, type in the amount press total, the tray opens and you put the bank note in and give the customer any change owed
simplest way to accept bitcoin and acknowledge payment
have them book mark a bitcoin price calculator site.
so that when selling goods for $xx.. they can calculate how much btc that totals and ask customer to pay
get your employees to bookmark the blockchain.info/btc/[your address]
on their phone so they can watch for new payments,
the site also displays a QR code for that address the employee can show to customers
.
then the employee just watches for the payment to show in on the page
you could also then code up your own app that automates all of this
no business does training days to tell their staff that bank notes are based on inflationary debt where its not actually made of paper but some cottonpaper mixture.. they just say here is the cashtray of a Epos system, type in the amount press total, the tray opens and you put the bank note in and give the customer any change owed
simplest way to accept bitcoin and acknowledge payment
have them book mark a bitcoin price calculator site.
so that when selling goods for $xx.. they can calculate how much btc that totals and ask customer to pay
get your employees to bookmark the blockchain.info/btc/[your address]
on their phone so they can watch for new payments,
the site also displays a QR code for that address the employee can show to customers
.
then the employee just watches for the payment to show in on the page
you could also then code up your own app that automates all of this
Jump to: