Topic: How can we encourage local businesses to accept BTC? (Read 184968 times)
Adoptation of a product comes with product relevance and time. Soon, the world will accept it. Our darling Bitcoin is already going stronger day by day. So let's wait a bit more
pester the bloody life out of them although I don't think this will happen any time soon because I cant see the volatility ending any time soon and this is one of the primary issues merchants have when accepting bitcoin.
Trust me you don't want to to that .The moment bitcoins becomes commercial our corrupt government will start imposting all sorts of unwanted taxes for bitcoin users .For exam we will have government wallets only no private wallets allowed from where they will have track of all of your transactions .They will put taxes on every transaction .I'm afraid bitcoins will be a bitter truth to swallow if it gets commercialised .
My thoughts it's impossible in my country, cuz my guessing is like 10% of people have been in touch with bitcoin and like 5% still using it so, I don't think so. Even if that 5% tried to make something it wouldn't go well.
You should explain them the benefits of accepting Bitcoins as payment. Your transactions cannot be traced by government and so your income will be tax free.Payments once you got through bitcoin cannot be replaced to customers.You should explain these benefits. Rather you could show them video documentaries about bitcoin to make them understand easily.
tell them about bitcoin and blocking technology, if the owner of the enterprise wants to be better than others and modern he will take bitcoin.
We can try to introduce Bitcoin to them and explain how it works and how to make money. You can also advertise, through the website, through advertising.
I have found the main issue is to get solid banking behind btc payment processing.
I think its important to find out what concerns local businesses might have about accepting altcoins and addressing these. They might be concerned about the losing profits or any legal implications this might have on their business.
hey there! i guess we need to show them how important and useful the money raised from activities (that use btc payments or a blockchain technology) could be . i am a firm believer in that that's why i'm investing in various ico now, for instance, vlb that is a storage with info on a car ownership, insurance, repair and maintenance records. the point is they try optimizing the car industry which is no doubt one of the most imporant ones.
I think that first of all, with the help of Bitcoin Gold, settlements are made for large services or goods at large cost. This does not apply to clothes or food. Although clothes can be quite expensive and a note can be bought. But due to the fact that bitcoin does not have a stable price, it will be very difficult to regulate the market, due to price fluctuations.
hey there! i guess we need to show them how important and useful the money raised from activities (that use btc payments or a blockchain technology) could be . i am a firm believer in that that's why i'm investing in various ico now, for instance, vlb that is a storage with info on a car ownership, insurance, repair and maintenance records. the point is they try optimizing the car industry which is no doubt one of the most imporant ones.
Tell them about bitcoin. How bitcoin works and why it is better to use it rather than fiat. That bitcoin has its own secured but decentralized blockchain where everything is fixed and irreversible. Lastly bitcoin will continue to grow in prices as it will continue to expand its users.
It will be much better if you can convince your 2-3 friends and start some business in your community with acceptance of the crypto currencies, soon this new facility which you are providing will become the source of advertising for you and then you can give the real time example to the people in the community about how you are getting more profits than them while using the bitcoin. This will make a lot of people to understand the overall concept of the bitcoin.
You can encourage local businesses to accept bitcoin by providing information to those local businesses.
For example you could hand out info flyers with information about bitcoin pros and cons for businesses and a link for more information. They have to get to know more about it before they will accept it.
For example you could hand out info flyers with information about bitcoin pros and cons for businesses and a link for more information. They have to get to know more about it before they will accept it.
It's actually very easy to get a local business to receive bitcoin, the first thing to do is to introduce bitcoin to people, once it's done then push the government to legalize bitcoin, if everything is done then local businesses will be able to receive payments using BTC ..
Tell them about bitcoin. How bitcoin works and why it is better to use it rather than fiat. That bitcoin has its own secured but decentralized blockchain where everything is fixed and irreversible. Lastly bitcoin will continue to grow in prices as it will continue to expand its users.
Before you want to advance bitcoin by buying and selling bitcoin first you introduce bitcoin for what And what does it do if people want to accept it and can use it in everyday life, that's the easiest way to advance bitcoi
Perhaps showing them the price of how btc goes down and raises back to get them confident into a cryptocurrency as i suppose right now because its digital,
people can't see the physical product they might just use back the original currency.
people can't see the physical product they might just use back the original currency.
Using bitcoin for purchases encourages mainstream adoption and will thusly contribute to the value of your long term holdings as well. If more businesses had the ability to accept bitcoin, it might encourage consumers to start obtaining and spending it.
one way is we have to approach the local businessman, we explain the excess bitcoin currency for payment system and business investment. it should be emphasized that bitcoin prices are currently experiencing unstable fluctuations, which is why local businesses are reluctant to choose bitcoin for payment or business investment, maybe in the coming years if bitcoin prices can be stable it is not impossible they can use BTC digital currency for their business.
Many people said that if bitcoin can be regulatize and control by governments or banks it can become stable but even though many countries has now accepting and legalizing bitcoin it is still unstable? and with that i guess bitcoin wont be stable anymore maybe becausw that is its real nature , satoshi was intendedly built bitcoin to become a highly volatile coin. but despite that, there were still many business and merchants that still accepts bitcoin as their payment partner.
one way is we have to approach the local businessman, we explain the excess bitcoin currency for payment system and business investment. it should be emphasized that bitcoin prices are currently experiencing unstable fluctuations, which is why local businesses are reluctant to choose bitcoin for payment or business investment, maybe in the coming years if bitcoin prices can be stable it is not impossible they can use BTC digital currency for their business.
Jump to: