How can we encourage local businesses to accept BTC? - page 16.

laravuemaster

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When Football meets Crypto

Quote from: knightkon on November 18, 2015, 12:05:24 PM

I am looking to help move BTC forward into our economy more and would like to get some suggestions on how we can get more retailers to accept BTC as a payment. The best part about accepting BTC is that they do not have any threat of charge-back from the customer. I am just looking for some more input before I start approaching some of these local retailers.

If you are really serious in your intention of involving bitcoins into your countries economy then it would really take a lot of effort, You need to show them the advantage and disadvantage of bitcoins and set up a meeting to present your intentions, It was like convincing them to follow your desire.

batang_bitcoin

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Quote from: Yukyzu on November 03, 2017, 07:19:34 PM

if you are targeting for a local business then you should first ensure btc interest locally, whether there has many miners or btc users as they will eventually make the business grow.

That's the challenge and quite a problem, maybe you can conduct a survey first on what places do those miners and bitcoin people can be located. And after doing the survey you can now start looking for those businesses that are willing to adopt bitcoin. You can intro those big companies now that showed interest to bitcoin and it will be a trump card if you've got something to say to them that biggest names are already in bitcoin.

KaliLinux

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Quote from: knightkon on November 18, 2015, 12:05:24 PM

I am looking to help move BTC forward into our economy more and would like to get some suggestions on how we can get more retailers to accept BTC as a payment. The best part about accepting BTC is that they do not have any threat of charge-back from the customer. I am just looking for some more input before I start approaching some of these local retailers.

Yes we can do that. Its based on their mindset about bitcoin. At anyway they should not understand its like a share market.
We can personally talk to them and mostly those who doing immediate transactions.
I was explained about this to my friends those are doing small scale business. They are now trying to invest their money and even accept them. But its very rare in my region since there was no proper knowledge in bitcoin or a crypto

raven7886

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Quote from: nagatraju on November 03, 2017, 08:26:51 AM

Firstly, we need to explain to investors how cool and convenient it is to use bitcoins in working with their business, where they need so little time to work with every transaction and that the time it takes to complete one transaction effectively using bitcoins rather than physical currency...but it's not so easy so far ... bitcoin is not so common ... only really far-sighted businessmen will see a good idea in this

I agree that only far sighted businessmen would see the opportunity in this and usually it would be easy for those who are already in the bitcoin world or have been for a while who understands how it works.
Even some smart businessmen may still be very skeptical if they do not understand, but as awareness keeps spreading, we would keep seeing them adopting.

rhamzter

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Quote from: bitgolden on November 03, 2017, 03:42:55 AM

Quote from: BUK2016 on October 30, 2017, 03:16:38 PM

Quote from: knightkon on November 18, 2015, 12:05:24 PM

I am looking to help move BTC forward into our economy more and would like to get some suggestions on how we can get more retailers to accept BTC as a payment. The best part about accepting BTC is that they do not have any threat of charge-back from the customer. I am just looking for some more input before I start approaching some of these local retailers.

Well, all what the local retailers need is education of what Bitcoin potential is all about and other crypto currency has in stock if they should invest start accepting Bitcoin as a mode of payment in there various shop's and the rest of them.

Local business mans should know that there are many opportunity in bitcoin and bitcoin can lead them to profit. as they start accepting bitcoin the will get high profit and also if they hold then they will earn also from bitcoin price increase.

Business mans will have large amount to invest in and they will also get big investors to support them. They can earn more profit than stocks in bitcoin and its exchange and the income will always increase in the future.

For now it's hard to promote bitcoin in the market, because we have no devices that can used to easily transfer our bitcoin to the local business. Even we have card that hold bitcoin we can't used it into the department store or shop. Because most business now of local not used technology due to they accept paper money. Maybe if the future generation creates tools that can easily to used for bitcoin currency. I think that's the time to used it by local businesses.

yojodojo21

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Local Retailers are difficult to be convinced, my only suggestion is that maybe you should let them try Bitcoin Transacting. For Example: introduce them a secured wallet site where they are going to put the amount of Bitcoin, But First Make a Demonstration on how is it able to process in Legit way.

I think you should target local Retailers who Has Advertisement Through Internet because if they are your First costumer and your Plan runs smoothly and would be successful then it is easy to convince others retailers also.

banut

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It will take more few years to bring people on track to accept bitcoin for their business. I am having building material shop in India and I am planning to accept bitcoin but I am not having Idea of how to create this as I am very much happy about bitcoin performance so I got the thought of bitcoin acceptance in my own business itself. Let me work on it I believe I will be establish this as soon as possible.

THAHIRHAJI

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Now bitcoin name is spreading compare with last few months and the awareness of cryptocurrencies is very much noticeable and people are looking into it now keeping mind of future money transactions. About encourage local businesses to accept Bitcoin is not that much problematic now the local exchange are making our life more easy to convert bitcoin in local currencies. So expecting in near feature every business people will associate with bitcoin for their payments.

Yukyzu

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if you are targeting for a local business then you should first ensure btc interest locally, whether there has many miners or btc users as they will eventually make the business grow.

nagatraju

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Firstly, we need to explain to investors how cool and convenient it is to use bitcoins in working with their business, where they need so little time to work with every transaction and that the time it takes to complete one transaction effectively using bitcoins rather than physical currency...but it's not so easy so far ... bitcoin is not so common ... only really far-sighted businessmen will see a good idea in this

bitgolden

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Quote from: BUK2016 on October 30, 2017, 03:16:38 PM

Quote from: knightkon on November 18, 2015, 12:05:24 PM

I am looking to help move BTC forward into our economy more and would like to get some suggestions on how we can get more retailers to accept BTC as a payment. The best part about accepting BTC is that they do not have any threat of charge-back from the customer. I am just looking for some more input before I start approaching some of these local retailers.

Well, all what the local retailers need is education of what Bitcoin potential is all about and other crypto currency has in stock if they should invest start accepting Bitcoin as a mode of payment in there various shop's and the rest of them.

Local business mans should know that there are many opportunity in bitcoin and bitcoin can lead them to profit. as they start accepting bitcoin the will get high profit and also if they hold then they will earn also from bitcoin price increase.

Business mans will have large amount to invest in and they will also get big investors to support them. They can earn more profit than stocks in bitcoin and its exchange and the income will always increase in the future.

FLUZFLUZGLOBAL

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Encouraging local business to use bitcoin would be really hard though because most of them even didn’t heard about bitcoin and they would surely refuse to use it. Convincing them would really a problem though except to those merchants who already accepts bitcoin as a payment. But still I believe that this adoption would really spread all over the world.

smookyjaidev

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I can encourage local merchants to accept the bitcoin as money,first i explain about the bitcoin uses and details of transactions.i give clear debate on bitcoin and i will show with examples.

katiecbell

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Quote from: Webetcoins on October 31, 2017, 11:49:09 AM

Quote from: supercanada1 on October 28, 2017, 10:17:42 AM

Quote from: SamsungBitcoin on October 27, 2017, 12:28:17 AM

Every time goes by some of countries starting to build a learning about bitcoin technology i think in the near future bitcoin will be more popular around the world and each country will build their own digital system to accept bitcoin then that is the time to encourage small business to make a step to accept bitcoin as part of their business its hard for now because bitcoin is not yet fully legalized that is why we need to wait for the moment that all people know about bitcoin.

It is going to happen for sure because the value and the popularity of the bitcoin is increasing more and more in the future and it is the time be the most rich person of the world. The value and the price of the bitcoin is now getting high and the price of the bitcoin will be the best thing in the future, I like to have the bitcoin and get in the bitcoin for the long time so get in the bitcoin and buy the more to encourage the other people.

You are right the price is increasing and it is the best business for a lot of the people the bitcoin income is the good source for all the people because as much as this time you will invest in the bitcoin you will get the profit and the income and the other resources for the bitcoin will be there for you. I am very happy to buy the bitcoin and to hold till the price of the bitcoin it will grow more and more as the best business.

Yeah now all the people are aware of the bitcoin price and the profit, I hope in the future all the people will start the business with the bitcoin and the value of the bitcoin will be more than this if the local businessmen will invest in the bitcoin and they will trust the bitcoin and will take the risk of the bitcoin at the same time I hope this will make the bitcoin better than before and all the people will invest in the bitcoin.

TheKeyLongThumbI

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I suppose that the best idea I can think of is you build a business like a buy and sell store and then post it in your banners that you accept btc. It would be a good start and then more and more merchants will be encourage to follow what you did.

Webetcoins

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Quote from: supercanada1 on October 28, 2017, 10:17:42 AM

Quote from: SamsungBitcoin on October 27, 2017, 12:28:17 AM

Every time goes by some of countries starting to build a learning about bitcoin technology i think in the near future bitcoin will be more popular around the world and each country will build their own digital system to accept bitcoin then that is the time to encourage small business to make a step to accept bitcoin as part of their business its hard for now because bitcoin is not yet fully legalized that is why we need to wait for the moment that all people know about bitcoin.

It is going to happen for sure because the value and the popularity of the bitcoin is increasing more and more in the future and it is the time be the most rich person of the world. The value and the price of the bitcoin is now getting high and the price of the bitcoin will be the best thing in the future, I like to have the bitcoin and get in the bitcoin for the long time so get in the bitcoin and buy the more to encourage the other people.

You are right the price is increasing and it is the best business for a lot of the people the bitcoin income is the good source for all the people because as much as this time you will invest in the bitcoin you will get the profit and the income and the other resources for the bitcoin will be there for you. I am very happy to buy the bitcoin and to hold till the price of the bitcoin it will grow more and more as the best business.

fistteam

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I think it is very difficult because the countries in the world have only a few countries to recognize the existence of bitcoin and very few policies support it but if you want you to make a proposal With the local business you are in, you want to pay by bitcoin if they agree, we can exchange payment method instead of cash you will pay by bitcoin.

bellamae

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In our local country our other local business accepted bitcoin because we have called coins.ph maybe they know about bitcoin too because all the banks there we can transfer money with wallet coins. ph. For others who do not know about bitcoin they simply need to understand the content of bitcoin maybe the seminars will also be able to conduct what are the benefits they will get with bitcoin. Because bitcoin is too complicated so you need to apply for a study to better understand bicoin.

BlackBi88

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To encourage local businesses to accept BTC, you need to find out about the development model of that business. If business is paying high security, bitcoin is the right choice. If there are incentives, discounts will stimulate them to give bitcoin as a method of payment.

justdimin

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Quote from: SamsungBitcoin on October 27, 2017, 12:28:17 AM

Every time goes by some of countries starting to build a learning about bitcoin technology i think in the near future bitcoin will be more popular around the world and each country will build their own digital system to accept bitcoin then that is the time to encourage small business to make a step to accept bitcoin as part of their business its hard for now because bitcoin is not yet fully legalized that is why we need to wait for the moment that all people know about bitcoin.

Obviously, it is going to be more popular at the end. I have been reading so many technology news and I have been seeing so many innovations going on lately revolving around the blockchain technology and apparently, more will keep coming as we keep moving on, which would make the crypto space become an easy usage in real life terms.

This is good for the development of bitcoin and makes it even more unstoppable by the governments.

Topic: How can we encourage local businesses to accept BTC? - page 16. (Read 185051 times)