Topic: Gas station payment with bitcoin. - page 5. (Read 1115 times)
This is an interesting solution. Do not abandon this topic and share the final results with us it will be interesting to read. I think it is also worth not to stop your choice only on paying in Bitcoin, but to consider additional options from various alts that have a faster and cheaper commission. It will be interesting later to read the statistics of how many people pay with crypto and how many with ordinary money.
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)
That is brilliant of you, for the such a good idea developed to accept bitcoin as payment is well encouraging and for you to also make it optional together with fiat is wisdom, this was thesame fare act El-Savador did when it adopted bitcoin as a legal tender, it never forces the people to use bitcoin for their transactions, instead they can choose between bitcoin or fiat, in this you can also get attracted to customers who will love to pay in bitcoin, others hearing such news will also come around to locate your filling station for patronage since you accept what they have in making payments.
I want to know bitcoin wallet that will be nice for receiving payment with bitcoin that will be safe for this business payment.
Try electrum wallet, it's a multisig bitcoin wallet, it's an cold storage wallet and open source, it's security measures is high and you can generate as many as possible addresses from it, but always try to avoid or stay away from a centralized wallet or exchange, because your bitcoin with them isn't secured.
Congratulations on reaching this important milestone, buddy. Making bitcoin a payment option for your services as a way to pay for gas in your community is a wise move on your part. I like the points you've put down, mate. Based on what you said, I can tell that most of the customers at your gas station are young people, so it would be important and beneficial if you did what you said to educate them more about bitcoin and how it works so that they could adapt to it quickly. However, I will caution you against trying to persuade them so that you do not get yourself into trouble.
We have seen so much of these generic topics on this forum that even when there are some elements of honesty it is difficult to believe as other users of the forum will just conclude that was created for merits phishing.
You do not need to do this but to clear our doubts, you should ensure to post evidence in whatever format you may choose.
And by the way congratulations on this new venture. Endeavor to read up as much as you can on accepting Bitcoin as a payment option for your business so that your inflow is not affected by sudden market crash. Peace and love.
You do not need to do this but to clear our doubts, you should ensure to post evidence in whatever format you may choose.
And by the way congratulations on this new venture. Endeavor to read up as much as you can on accepting Bitcoin as a payment option for your business so that your inflow is not affected by sudden market crash. Peace and love.
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.
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.
Making Bitcoin an alternative payment option in your gas station is a great idea, and with what you have created, I think it will seriously help anyone willing to spend his/her Bitcoin, especially when someone is experiencing a bank transaction issue. This alternative payment for Bitcoin can really help and make the process quick, and it will also raise awareness of Bitcoin in the community. and through this concept, many individuals will learn about Bitcoin and be inspired to pursue opportunities in the cryptocurrency sector.
It will be a fantastic idea to see many small businesses around the world to be accepting Bitcoin as payment and I believe this will encourage more people to use Bitcoin for purchases rather than only as an investment.
You have a valid. This is the first thing I think when I saw gas station implement Bitcoin as payment because people come and go as quickly as possible when loading gas because they are on travel. I don’t know how Bitcoin works with OP’s business or if there’s really a business but showing Bitcoin to customers as an option is already an advantage for Bitcoin because it will serves as marketing. But I doubt OP can get benefit on using Bitcoin due to the nature of his business. Only few people have a time to wait for 1 confirmation before they will leave the gas station because I will not let my customer leave if the transaction is still unconfirmed.
Setting up LN doesn’t make sense because it’s not popular with common people. Most user has the native Bitcoin and only few use LN.
Setting up LN doesn’t make sense because it’s not popular with common people. Most user has the native Bitcoin and only few use LN.
yes you also has a valid opinion too Lightning Network is not very popular. also people who buy the gas is always in a rush.
card is better option then I think there is couple of company that offer Bitcoin debit card although is need KYC.
Or by using alternative coin with EVM chain compatible and only accept Stablecoin can be a better option
I truly appreciate the initiative and idea you have taken to introduce Bitcoin to the general public. Not everyone can start their Bitcoin journey as tangibly as you have done. Selling fuel on a small scale is not a bad start. Many people need fuel and it creates a high impression to make people curious about the existence of Bitcoin and Blockchain.
Thank you for starting to adopt Bitcoin as it was originally intended, as a decentralized digital currency. Its general use is for transactions, regardless of the amount.
For payment methods, it is highly recommended to use the suggestion from @TravelMug, which is the Lightning Network. I have personally used LN and even transactions as low as $0.1 run smoothly. I have tried it here: https://btcln.app/atm/
Thank you for starting to adopt Bitcoin as it was originally intended, as a decentralized digital currency. Its general use is for transactions, regardless of the amount.
For payment methods, it is highly recommended to use the suggestion from @TravelMug, which is the Lightning Network. I have personally used LN and even transactions as low as $0.1 run smoothly. I have tried it here: https://btcln.app/atm/
LN (Lightning Network) wallet will the best for this kind of business because it's quick and fast and transactions are instant.
Here are some threads for starters:
Electrum Lightning Network Walkthrough
Basics of the Lightning Network
Overview of lightning network nodes owned by forum users
The Lightning Network FAQ
A Beginner's guideline to Bitcoin Lightning Network
Here are some threads for starters:
Electrum Lightning Network Walkthrough
Basics of the Lightning Network
Overview of lightning network nodes owned by forum users
The Lightning Network FAQ
A Beginner's guideline to Bitcoin Lightning Network
Congratulations with your business, recently theres a lot of establishment currently accepting the use of bitcoin and once of the most effective way they are using it is with the use of the QR system which is just scanned and get to the address immediately without getting hassle, and also currently the gas fee is not too much unlike before so it's a good opportunity and attraction at the same time, it's good to the people getting convenient if they don't have any money and use their bitcoins at least. Good luck with your bitcoin gas station hoping sooner accepting other coins.
This is great news. If more and more people implement payments using Bitcoin then this will increasingly make Bitcoin even more trusted among the general public. Implementation of payments using Bitcoin is not easy, because this is related to government regulations, your readiness and also your customers. Including how do you introduce Bitcoin to new ones. But if you can get through it, it will be invaluable.
I like the idea you put into your business because if Bitcoin sees as an investment and not used as a payment method it won't achieve the major concept Satoshi wants when he create BTC.
With that being said, I hope you're not from a country where BTC is banned though so you won't get into trouble with the law.
With that being said, I hope you're not from a country where BTC is banned though so you won't get into trouble with the law.
I have across of variates of thread which stipulated that they have a business that is been paid with bitcoin for the payment but known of them have return to the forum after some months or years and tell us if the system of bitcoin payment in their business is still propagating or not, I will not stand to condemn the act of people who embrace bitcoin with the little scale business investment for payment, from my view its a welcome development if we establish a business and make bitcoin as one of the payment condition, from my perspective that is another method of advertisement for bitcoin only if the business have its ground of accelerating frequency in such domain, but due to we do see this kind of thread to the newbies and we can't tell if the phrase of information they portray or present is real or not, because none of users that make such kind of thread have return to update the community again, but I can't fail to embrace you op and applaud you for your good initiative for advertising bitcoin with your business, I wish you good for your innovation.
Launching a mini gas station that accepts both traditional dough and bitcoin? That's a gutsy play, destined to yield epic rewards.
It's heartwarming to witness folks embracing bitcoin and leveraging their entrepreneurial ventures for mass adoption. And those young guns flocking to pay in bitcoin? That's a stupendously promising omen.
As for your bitcoin wallet query, there's a smorgasbord of stellar choices. Ledger's my personal pick—a hardware wallet with security tighter than Fort Knox. But worry not, software wallet aficionados, Electrum and Exodus pack quite the security punch too.
It's heartwarming to witness folks embracing bitcoin and leveraging their entrepreneurial ventures for mass adoption. And those young guns flocking to pay in bitcoin? That's a stupendously promising omen.
As for your bitcoin wallet query, there's a smorgasbord of stellar choices. Ledger's my personal pick—a hardware wallet with security tighter than Fort Knox. But worry not, software wallet aficionados, Electrum and Exodus pack quite the security punch too.
Congratulations to you OP, I hope the place you open the gas station is close to busy area because, the moment people discover that you are accepting BTC as a payment in your business, many people will conclude that you are a big man and they will be looking for way to snatch your system or phone from you to have access to your BTC. Am not trying to put fear in you than to advise you to be careful for late hours business because, people always look at those that is accepting BTC in their businesses as the richest man or woman in the country. I believe, trust wallet is reliable and trusted for that business because it is difficult for scammers to have access to your BTC unless you expose you seeds to someone.
Busy areas required enchance payment, Bitcoin happens to be fast when using it's network to make transactions. You're probably making the point that fraudsters exist anywhere in the world and can defraud individuals if appropriate controls aren't put in place to guarantee the security of Bitcoin transactions in that particular region. However, we must cultivate a positive outlook and stop only focusing on things' drawbacks. Gas stations accepting Bitcoin as the primary form of payment will improve and develop the neighborhood. Residents have a tendency to amass more Bitcoin, and awareness of it will grow.
Congrats on your achievement and payment means. It will further introduce bitcoin to your environment but what's the possibility of this easy transactions because gas kg is not up to a dollar or $1, so if somebody is buying 1kg and he wants to pay in bitcoin do still accept? If YES! Which mean the person will spend more since most bitcoin brokers apply charges for transactions and some have minimum fractions to transfer. Won't all this be of challenge or they use bitpay cards? I know transferring with device sometimes delay a little, because you will need to confirm the transactions before the person leaves and will slow the business from attending to other customers. By the way which country are you selling gas with bitcoin payment system?
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.
This is a really cool and unique idea since as far as I know, I haven't heard of any gas stations that accept BTC so this is a great step forward, and I'm sure that many people who don't know what Bitcoin is will eventually get into it because of the hundreds of new people who will come to the gas station from time to time.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.
The promotion of Bitcoin will be significant in the area where the gas station is located. Congratulations on your new gas station, and keep up the good work. It should work well since people can simply pay with a QR code on their phones, and the transactions take only a few seconds. I'm sure it will be useful, and I hope to see this in my country someday too.
Best of luck in your project @OP
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.
Not all businesses need you to necessarily include payment in bitcoins. It is a good idea but not in all businesses I mean. I feel some people in this forum are under the pressure to add bitcoin payment to their business even when their business is not one that necessarily needs to have a cryptocurrency payment option. Since you do not have enough knowledge about bitcoins yet, this is not a decision you should rush into. 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.
I hate to be a kill joy here but don't you think this scheme has already been polarized already? Hope you know its not a cool thing to do in trying to or actually lying to the good forks of forum user's right.
this a business I just established but because of the love I have for bitcoin i have to include bitcoin as payment option, if someone have established business before and make bitcoin option for payment I don't know about that, I only share what I did, I read yours comment twice to understand your point, and I have understood your punchline which I have to clarify you that I have not associate myself with such publications before, you may seen such where people published related bussiness ideas because you have been using here for years, but myself I just established my business recently with the old gas station I bought and make bitcoin payment options and which in feature I will make relevant altcoins payment alternative. I can’t confirm if what you claim is true but I think it’s a big leap from being confused about bitcoin and lightning network to now accepting bitcoin in your establishment.
I hate to be a kill joy here but don't you think this scheme has already been polarized already? Hope you know its not a cool thing to do in trying to or actually lying to the good forks of forum user's right.
this a business I just established but because of the love I have for bitcoin i have to include bitcoin as payment option, if someone have established business before and make bitcoin option for payment I don't know about that, I only share what I did, I read yours comment twice to understand your point, and I have understood your punchline which I have to clarify you that I have not associate myself with such publications before, you may seen such where people published related bussiness ideas because you have been using here for years, but myself I just established my business recently with the old gas station I bought and make bitcoin payment options and which in feature I will make relevant altcoins payment alternative. 
I think the idea behind this is great But if you using Bitcoin Network is this efficient I mean bitcoin has 10 Minutes block and sometimes the network is congestion or have u implemented the Lightning Network or something like that.
but the idea is still great tho Just advice you can use third payment gateway that accept crypto payment s
but the idea is still great tho Just advice you can use third payment gateway that accept crypto payment s
You have a valid. This is the first thing I think when I saw gas station implement Bitcoin as payment because people come and go as quickly as possible when loading gas because they are on travel. I don’t know how Bitcoin works with OP’s business or if there’s really a business but showing Bitcoin to customers as an option is already an advantage for Bitcoin because it will serves as marketing. But I doubt OP can get benefit on using Bitcoin due to the nature of his business. Only few people have a time to wait for 1 confirmation before they will leave the gas station because I will not let my customer leave if the transaction is still unconfirmed.
Setting up LN doesn’t make sense because it’s not popular with common people. Most user has the native Bitcoin and only few use LN.
Wow, that's great, congrats to you dude. maybe it would be better if there is also a wifi area right there in your gas station so that they can pay with Bitcoin for what they ordered so that you don't have a problem with the net transaction payment, this is just my suggestion.
Keep it up and hopefully your business will grow in the future so that all the businesses you build will have Bitcoin payments.
Keep it up and hopefully your business will grow in the future so that all the businesses you build will have Bitcoin payments.
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