Gas station payment with bitcoin. | Bitcointalksearch.org

MarjorieZimmermanGinger

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Quote from: dothebeats on August 13, 2023, 08:29:12 AM

Good points. I was also thinking of those risks as it will not only put Bitcoin users in danger but the store as well, at least against the law. It may spread the knowledge and existence of Bitcoin but there is a relative hard from that as well. We should weight the pros and cons properly to know the right actions.

The security side also needs to be considered whenever people want to accept bitcoins in the business they are running and this has become a special concern for me because there has been a case of arrest in my country regarding a business that accepts payments using bitcoins. Furthermore, we also need to look at the conditions where we live, how adoption has been going and if accepting payments using bitcoins is still a new thing, then it is very likely that the business we are in will experience a setback.

Forcing to accept bitcoins in such conditions is also not good because there will be big risks that we will face. The presence of bitcoin within us must be a solution to improve financial ability for the better, not the other way around it puts us in the face of the law which will make it difficult to solve problems that will occur.

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Quote from: erep on August 11, 2023, 05:15:59 PM

Quote from: Popkon6 on August 11, 2023, 10:43:27 AM

OP you should definitely post pictures of your gas station. Because promoting free bitcoins is definitely a good thing to do. And your business goals are great if I may say so your mind will definitely come through. If you can definitely manage the business then the future will be much better as you keep the bitcoin transactions going. Especially if you keep your bitcoins in a safe wallet because of the upcoming bitcoin halving. Of course you will get 2×-3× results if you deposit bitcoins of course if you can sustain the bitcoins.

I also thought the same thing to see pictures of gas stations and some customer activity when paying using bitcoin, media evidence is needed if he wants to prove the truth of the information that has been explained in this thread.

Actually it is not easy to add optional bitcoin payments because we have to ensure state regulations regarding the legalization of the use of bitcoin, if the legalization of bitcoin has not been stipulated in the latest regulations then we are dealing with the law if we add payment options via bitcoin even though even in tourist areas, but I make sure the state from the OP already has legalization regulations regarding bitcoin and congratulations to the OP for the very extraordinary initiative to increase cryptocurrency users.

If anyone does not believe OP's story, they can ignore it instead of doubting because this is just a sharing about applying bitcoin as a payment method for his business. it wasn't an act that would hurt anyone, so there was no need to be too suspicious of it.

Actually, adding bitcoin as a payment method is not so difficult and I think as a bitcoin investor. OP wouldn't be stupid enough to not know where he lives and if bitcoins are legal or not. moreover, using bitcoin as a payment method is not new, there are already a lot of businesses doing it, so I think what OP does for his business is normal.

dothebeats

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Quote from: MarjorieZimmermanGinger on August 13, 2023, 06:21:27 AM

Quote from: yazher on August 10, 2023, 03:34:18 PM

I find it wise when businessmen decided to approach this kind of method because they are like hitting two birds with one stone because they are not only getting bitcoins easily from their customers, but they also promote bitcoin to others with little effort because others that are seeing the sign might become curious and will ask the owner or event search for bitcoins in order to know the truth about it, not just from mainstream media that are always hostile against bitcoins throughout this year. Nevertheless, we need to be the ones to explain to the people about bitcoins in order to clear every doubt and give them a chance to learn the real bitcoins from the right sources.

This method is believed to be able to spread bitcoin adoption to a wider area, where many people will ask how to make transactions every time they want to use bitcoin as a means of payment. The stigma of bitcoin as a fraud or something like that will disappear in the minds of ordinary people because there are many people who have used bitcoin payment methods around their homes. This move is believed to be a way that can create widespread adoption and one way to collect bitcoins for people who have accepted bitcoins in their business.

But there are also things that need to be considered if the country where Op lives is not friendly to bitcoin or the government prohibits using anything other than fiat for transaction processing. Even if we insist on using it, we will be faced with the law which will result in a big risk for ourselves, cases like this are intended for countries that legally use bitcoin as a valid transaction tool. It is this rule that might limit us from using bitcoin as a transaction tool in the business we are in, because people think they will get in trouble if they continue to force it.

Good points. I was also thinking of those risks as it will not only put Bitcoin users in danger but the store as well, at least against the law. It may spread the knowledge and existence of Bitcoin but there is a relative hard from that as well. We should weight the pros and cons properly to know the right actions.

MarjorieZimmermanGinger

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Quote from: yazher on August 10, 2023, 03:34:18 PM

I find it wise when businessmen decided to approach this kind of method because they are like hitting two birds with one stone because they are not only getting bitcoins easily from their customers, but they also promote bitcoin to others with little effort because others that are seeing the sign might become curious and will ask the owner or event search for bitcoins in order to know the truth about it, not just from mainstream media that are always hostile against bitcoins throughout this year. Nevertheless, we need to be the ones to explain to the people about bitcoins in order to clear every doubt and give them a chance to learn the real bitcoins from the right sources.

This method is believed to be able to spread bitcoin adoption to a wider area, where many people will ask how to make transactions every time they want to use bitcoin as a means of payment. The stigma of bitcoin as a fraud or something like that will disappear in the minds of ordinary people because there are many people who have used bitcoin payment methods around their homes. This move is believed to be a way that can create widespread adoption and one way to collect bitcoins for people who have accepted bitcoins in their business.

But there are also things that need to be considered if the country where Op lives is not friendly to bitcoin or the government prohibits using anything other than fiat for transaction processing. Even if we insist on using it, we will be faced with the law which will result in a big risk for ourselves, cases like this are intended for countries that legally use bitcoin as a valid transaction tool. It is this rule that might limit us from using bitcoin as a transaction tool in the business we are in, because people think they will get in trouble if they continue to force it.

erep

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Quote from: Popkon6 on August 11, 2023, 10:43:27 AM

OP you should definitely post pictures of your gas station. Because promoting free bitcoins is definitely a good thing to do. And your business goals are great if I may say so your mind will definitely come through. If you can definitely manage the business then the future will be much better as you keep the bitcoin transactions going. Especially if you keep your bitcoins in a safe wallet because of the upcoming bitcoin halving. Of course you will get 2×-3× results if you deposit bitcoins of course if you can sustain the bitcoins.

I also thought the same thing to see pictures of gas stations and some customer activity when paying using bitcoin, media evidence is needed if he wants to prove the truth of the information that has been explained in this thread.

Actually it is not easy to add optional bitcoin payments because we have to ensure state regulations regarding the legalization of the use of bitcoin, if the legalization of bitcoin has not been stipulated in the latest regulations then we are dealing with the law if we add payment options via bitcoin even though even in tourist areas, but I make sure the state from the OP already has legalization regulations regarding bitcoin and congratulations to the OP for the very extraordinary initiative to increase cryptocurrency users.

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Quote from: laurenB7742 on August 10, 2023, 09:27:44 PM

Quote from: Bushdark on August 10, 2023, 04:29:27 PM

Quote from: yazher on August 10, 2023, 03:34:18 PM

I find it wise when businessmen decided to approach this kind of method because they are like hitting two birds with one stone because they are not only getting bitcoins easily from their customers, but they also promote bitcoin to others with little effort because others that are seeing the sign might become curious and will ask the owner or event search for bitcoins in order to know the truth about it, not just from mainstream media that are always hostile against bitcoins throughout this year. Nevertheless, we need to be the ones to explain to the people about bitcoins in order to clear every doubt and give them a chance to learn the real bitcoins from the right sources.

This is one the ways to accumulate more Bitcoin since we are all expecting the market to go bullish soon. I hope to see good result from this kind of venture which is a bit interesting to me being a Bitcoin investor at the same time promoting the use of Bitcoin. Since he prepared two type of Payment which is a fiat and Bitcoin. It gives those who will like to buy gas using fait or using Bitcoin. If he continues with this kind of approach, it will be very profitable for him when the market eventually appreciate and how the Bitcoin holding increasing in price.

I support this idea as it will boost the popularity of bitcoin but I don't think this is a good way to accumulate bitcoins. We should completely separate business capital and investment capital, not mixing them together will easily cause unfortunate cases. In business, you need your money to rotate to cover everything, if you use it incorrectly, it will lead to a deficit that damages the business. Meanwhile, accumulating bitcoin is not too difficult if we have money. I advise OP to continue doing business with bitcoin as an optional payment method, but don't accumulate bitcoins this way.

Op had really done a good job and I will applaud him for that because it is not easy for anyone to take that kind of decision even now that the government are not certain on there decision with high tax on crypto users.
There are some regions that there tax exceed the normal amount people pay in order to reduce the adoption of cryptocurrency so that people that are not ready to pay the huge tax on crypto will have no option than to dump there initiative using Bitcoin for payment services. If he is consistent with this kind of approach nit minding the kind of tax that it might attract, he is going to make a lot of money when the price of Bitcoin skyrocket.

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Great idea, Congratulations for your fantastic job. I think it is best idea, Because day by day world Being more Digital. Digital payment system being popular. You are taking payment in Bitcoin at your gas station definitely a good decision i think. If people get used to it, it will be much easier for your business. It will also helpful for people who are buying Gas.

I think for your fantastic idea many new people will know about Bitcoin and today or tomorrow they will use Bitcoin as payment system. Because it is too much easier and very secure. Overall i think your Gas station will be more popular, and you will be profited from your Gas station Business.

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Quote from: dothebeats on August 11, 2023, 09:32:44 AM

Quote from: Natalim on August 10, 2023, 10:56:59 PM

Quote from: Mate2237 on August 10, 2023, 04:53:22 PM

What you have done is good. You can be saving and storing bitcoin from there too. But the only thing for now is that you might not have enough customers who are into bitcoin in the moment but at time goes on, they will increase. And how is your experience on the transaction duration? I mean does it take time? And which of the wallet are you using bro received the payment?

As expected, because till now, Bitcoin serves as another payment option. Although we can post "Bitcoin is Accepted here", but if the people around you are no-how about Bitcoin, I don't think it will work. However, it was a good way of starting crypto exposure because that will also gain interest, and asking what is Bitcoin as for sure it creates curiosity which could lead to searching. Who could benefit from it? Of course, everyone, and the more we spread Bitcoin, the more it will encourage businesses to accept it.

You have a good point here. It is a subtle way of exposing Bitcoin to those who are not aware of it. Imagine two people at the counter paying at the same time and one of them will be paying for Bitcoin, surely the other will hear about this and will get curious. Now that person will either ask on the go what Bitcoin is or will conduct his/her own research. In a way that act just started an effect, soon after that very same person will discuss Bitcoin to his family and friends.

It is indeed a good idea, I have an idea with these when people got curious on Bitcoin. Like put a picture of a qr code since most people are already known and aware on how qr code works where they could just simply scan it and will direct them to the introduction to the Bitcoin. Because almost all of the smart phone devices right now has a features of scanning a qr code. By that they will have a background information about Bitcoin so if they would like to do some deep research about it, they could research more at home. Cause in my case, qr code is actually convenient tool to be honest like just a simple code when they scan there would be a lot of information included there. If you're living in a countryside where there's no literally qr thing you could just simply put a brief description for them to understand.

Popkon6

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OP you should definitely post pictures of your gas station. Because promoting free bitcoins is definitely a good thing to do. And your business goals are great if I may say so your mind will definitely come through. If you can definitely manage the business then the future will be much better as you keep the bitcoin transactions going. Especially if you keep your bitcoins in a safe wallet because of the upcoming bitcoin halving. Of course you will get 2×-3× results if you deposit bitcoins of course if you can sustain the bitcoins.

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Quote from: Onyeeze on August 10, 2023, 03:46:58 PM

Thanks mate for encouraging me for my achievement, I want to tell you the truth about this my business, at first I did not think of establishing the business but later run making payments with bitcoin come in as best option, I have to establish this business and make two payments option, and people criticism me and asked why I chose bitcoin as payments option and I began to explain, I wanted announced for withdrawing the option of making payments with bitcoin until I research of bitcoin and I make my decisions, today I have a bitcoin through my business not a signature weekly payment but from my business, and I glad to make a good decisions by accepting bitcoin as a payments option in my business

Having multiple means of payment in any business is always good as it gives your customers multiple means to settle their goods. I remembered vividly earlier this year when the country was hit with the naira scarcity, there were no cash anywhere and even the bank transfers also failed woefully as the banking network was jam packed with many delayed and failed transactions. Most businesses were affected as a result and some had to shot down at some point. Cryptocurrency provided a way out for most businesses. I don't know if you had something like this then but it's a good initiative and congratulations to you.

dothebeats

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Quote from: Natalim on August 10, 2023, 10:56:59 PM

Quote from: Mate2237 on August 10, 2023, 04:53:22 PM

What you have done is good. You can be saving and storing bitcoin from there too. But the only thing for now is that you might not have enough customers who are into bitcoin in the moment but at time goes on, they will increase. And how is your experience on the transaction duration? I mean does it take time? And which of the wallet are you using bro received the payment?

As expected, because till now, Bitcoin serves as another payment option. Although we can post "Bitcoin is Accepted here", but if the people around you are no-how about Bitcoin, I don't think it will work. However, it was a good way of starting crypto exposure because that will also gain interest, and asking what is Bitcoin as for sure it creates curiosity which could lead to searching. Who could benefit from it? Of course, everyone, and the more we spread Bitcoin, the more it will encourage businesses to accept it.

You have a good point here. It is a subtle way of exposing Bitcoin to those who are not aware of it. Imagine two people at the counter paying at the same time and one of them will be paying for Bitcoin, surely the other will hear about this and will get curious. Now that person will either ask on the go what Bitcoin is or will conduct his/her own research. In a way that act just started an effect, soon after that very same person will discuss Bitcoin to his family and friends.

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Quote from: Mate2237 on August 10, 2023, 04:53:22 PM

What you have done is good. You can be saving and storing bitcoin from there too. But the only thing for now is that you might not have enough customers who are into bitcoin in the moment but at time goes on, they will increase. And how is your experience on the transaction duration? I mean does it take time? And which of the wallet are you using bro received the payment?

As expected, because till now, Bitcoin serves as another payment option. Although we can post "Bitcoin is Accepted here", but if the people around you are no-how about Bitcoin, I don't think it will work. However, it was a good way of starting crypto exposure because that will also gain interest, and asking what is Bitcoin as for sure it creates curiosity which could lead to searching. Who could benefit from it? Of course, everyone, and the more we spread Bitcoin, the more it will encourage businesses to accept it.

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Quote from: Bushdark on August 10, 2023, 04:29:27 PM

Quote from: yazher on August 10, 2023, 03:34:18 PM

Quote from: MarjorieZimmermanGinger on August 10, 2023, 01:57:07 PM

This is a good decision in implementing two payment options in the business that you run. For some people who are not familiar with bitcoin, they still have the option of using fiat and instead those who are familiar with bitcoin can use the payment method with bitcoin. Most young people are quite familiar with bitcoin today, but not many young people are involved in investing for various reasons.

I find it wise when businessmen decided to approach this kind of method because they are like hitting two birds with one stone because they are not only getting bitcoins easily from their customers, but they also promote bitcoin to others with little effort because others that are seeing the sign might become curious and will ask the owner or event search for bitcoins in order to know the truth about it, not just from mainstream media that are always hostile against bitcoins throughout this year. Nevertheless, we need to be the ones to explain to the people about bitcoins in order to clear every doubt and give them a chance to learn the real bitcoins from the right sources.

This is one the ways to accumulate more Bitcoin since we are all expecting the market to go bullish soon. I hope to see good result from this kind of venture which is a bit interesting to me being a Bitcoin investor at the same time promoting the use of Bitcoin. Since he prepared two type of Payment which is a fiat and Bitcoin. It gives those who will like to buy gas using fait or using Bitcoin. If he continues with this kind of approach, it will be very profitable for him when the market eventually appreciate and how the Bitcoin holding increasing in price.

I support this idea as it will boost the popularity of bitcoin but I don't think this is a good way to accumulate bitcoins. We should completely separate business capital and investment capital, not mixing them together will easily cause unfortunate cases. In business, you need your money to rotate to cover everything, if you use it incorrectly, it will lead to a deficit that damages the business. Meanwhile, accumulating bitcoin is not too difficult if we have money. I advise OP to continue doing business with bitcoin as an optional payment method, but don't accumulate bitcoins this way.

Wimex

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Ohhh how great that you are considering implementing Bitcoin payment systems at your service station to promote and make it known in your area. .. I like it because the adoption of Bitcoin as a form of payment can be a great way to attract a wider audience and educate people about cryptocurrencies. It reminds me of several threads here in the forum that are taking these initiatives to use Bitcoin.

I would recommend you for a maximum level of security, you could consider hardware wallets like "Ledger" or "Trezor" These wallets store your bitcoins offline which makes them very secure against cyber attacks... Another option is to use specific payment gateways, such as "BitPay" or "CoinGate". These two allow you to accept payments in Bitcoin and automatically convert them to fiat if you wish.

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What you have done is good. You can be saving and storing bitcoin from there too. But the only thing for now is that you might not have enough customers who are into bitcoin in the moment but at time goes on, they will increase. And how is your experience on the transaction duration? I mean does it take time? And which of the wallet are you using bro received the payment?

JoyMarsha

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Should I still give a congratulatory remark about your well-found payment method for using bitcoin as another means of payment for your mini gas station in your locality?

I think is up to 4 months now, since you opened your mini gas station and you are yet to give us how progressive the payment with bitcoin has been and the wallet you finally used for receiving payment in bitcoin.

We would like to know whether the youths in your locality are still making payments in bitcoin despite its high transaction fees or if they choose to go for fiat payments instead to avoid the high cost of bitcoin transactions

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Quote from: yazher on August 10, 2023, 03:34:18 PM

Quote from: MarjorieZimmermanGinger on August 10, 2023, 01:57:07 PM

This is a good decision in implementing two payment options in the business that you run. For some people who are not familiar with bitcoin, they still have the option of using fiat and instead those who are familiar with bitcoin can use the payment method with bitcoin. Most young people are quite familiar with bitcoin today, but not many young people are involved in investing for various reasons.

I find it wise when businessmen decided to approach this kind of method because they are like hitting two birds with one stone because they are not only getting bitcoins easily from their customers, but they also promote bitcoin to others with little effort because others that are seeing the sign might become curious and will ask the owner or event search for bitcoins in order to know the truth about it, not just from mainstream media that are always hostile against bitcoins throughout this year. Nevertheless, we need to be the ones to explain to the people about bitcoins in order to clear every doubt and give them a chance to learn the real bitcoins from the right sources.

This is one the ways to accumulate more Bitcoin since we are all expecting the market to go bullish soon. I hope to see good result from this kind of venture which is a bit interesting to me being a Bitcoin investor at the same time promoting the use of Bitcoin. Since he prepared two type of Payment which is a fiat and Bitcoin. It gives those who will like to buy gas using fait or using Bitcoin. If he continues with this kind of approach, it will be very profitable for him when the market eventually appreciate and how the Bitcoin holding increasing in price.

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Quote from: Nwada001 on April 19, 2023, 05:30:11 PM

Congratulations on your new business and on taking a bold step in promoting Bitcoin in your locality.
I will recommend you use Electrum wallet, either desktop or mobile wallet; it's easier to use, and you can confirm incoming transactions from your customer even when the transaction is still undergoing confirmation. By so doing, you won't delay any of your customers.

Could you please elaborate on that? Is this some new feature added in the latest release?

Quote from: Nwada001

Some customers out there are also mostly centralized exchange users who mostly use exchanges as a secure means of storing their crypto. If you come across such customers, then I will recommend that you use Binance Pay, that is, if you have one to receive the payment. which you will return to your private wallet immediately, it's confirm to avoid delay.
A fast and successful business transaction brings in more positive feedback for the business.

I second that. Binance Pay is a nice feature and if you have ordered a Binance Card you can spend these funds right away if needed.

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Quote from: so98nn on August 10, 2023, 02:34:35 PM

Quote from: Onyeeze on April 19, 2023, 05:24:31 PM

I establish a mini (unity gas station) in my environment, And I feel that since am into bitcoin I can use this part to make bitcoin to be known in my area by implementing two systems of payment in my gas filling station, ( fiat and bitcoin) do you know that some youths who knows about bitcoin is interested to make payment with bitcoin and people who doesn't what's bitcoin began to ask of the meaning of bitcoin, and answers has been given to them base on my understanding in bitcoin.
So many of my customers and youths mostly is interested to make payment with bitcoin, I want to know bitcoin wallet that will be nice for receiving payment with bitcoin that will be safe for this business payment.

That is good mate, and congratulations on opening up such a lucrative business with Bitcoin. Imagine all the gas stations having such a system to accept Bitcoin, virtually we will be converting all the oil rigs into Bitcoin mining rigs. Lolz. The gas station is one of the concepts from where a lot of cash flow can come into Bitcoin since the network is widespread, it's daily utility, and there is an endless number of cars running on the gas. Whether it is electric or nonelectric or something else, they are going to charge you so it better be in Bitcoin or at least there should be both options to uplift the use case. I am pretty sure as OP stated, youth in almost every region would like to pay in Bitcoin form and it will bring up huge business and drive circulation very quickly. Good concept and good luck for further developments too.

Thanks mate for encouraging me for my achievement, I want to tell you the truth about this my business, at first I did not think of establishing the business but later run making payments with bitcoin come in as best option, I have to establish this business and make two payments option, and people criticism me and asked why I chose bitcoin as payments option and I began to explain, I wanted announced for withdrawing the option of making payments with bitcoin until I research of bitcoin and I make my decisions, today I have a bitcoin through my business not a signature weekly payment but from my business, and I glad to make a good decisions by accepting bitcoin as a payments option in my business

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Quote from: MarjorieZimmermanGinger on August 10, 2023, 01:57:07 PM

This is a good decision in implementing two payment options in the business that you run. For some people who are not familiar with bitcoin, they still have the option of using fiat and instead those who are familiar with bitcoin can use the payment method with bitcoin. Most young people are quite familiar with bitcoin today, but not many young people are involved in investing for various reasons.

I find it wise when businessmen decided to approach this kind of method because they are like hitting two birds with one stone because they are not only getting bitcoins easily from their customers, but they also promote bitcoin to others with little effort because others that are seeing the sign might become curious and will ask the owner or event search for bitcoins in order to know the truth about it, not just from mainstream media that are always hostile against bitcoins throughout this year. Nevertheless, we need to be the ones to explain to the people about bitcoins in order to clear every doubt and give them a chance to learn the real bitcoins from the right sources.

Topic: Gas station payment with bitcoin. (Read 1115 times)