Topic: How can we encourage local businesses to accept BTC? - page 2. (Read 184968 times)
I think we can tell them about value of btc, it will help their company save money, time, and maybe ensure safety transaction
this is a good idea, for bitcoin users may be happy if you do business like that, but before starting it you have to hold a seminar in advance so that others know what the process is like, or you advertise on youtube, and promote in campaign about your business and people will surely be interested in what you offer.
We have to do what the weapon sellers do to congress. Lobby lobby lobby! I think we have to just ask them "can I pay in cryptocurrency please" eventually they will fomo into accepting crypto. This strategy would require a large portion of us to get active though which I can't see happening soon
Perhaps, a good idea would be to give bitcoins to the development of a real business with the condition that the future company will be accept bitcoins as a payment for its services
As the price of bitcoin becomes more erratic and the high transactions cost will be a hindrance not to accept the local businesses into bitcoin. I think bitcoin will be a valuable commodity rather than a currency as we are now adopting that name to bitcoin.Exactly, if we treat it as currency then it will really affect a lot of loss to the local business. Still, it is not suggestable to the local business person because he might afraid of graph ups and downs in short period of time. People who have ability to understand the market how Bitcoin works maybe he will accept Bitcoin as the payment method.
Perhaps, a good idea would be to give bitcoins to the development of a real business with the condition that the future company will be accept bitcoins as a payment for its services
As the price of bitcoin becomes more erratic and the high transactions cost will be a hindrance not to accept the local businesses into bitcoin. I think bitcoin will be a valuable commodity rather than a currency as we are now adopting that name to bitcoin. For me if the government does not accept bitcoin or does not support it... it is very hard to convince local business to choose bitcoin as a currency is in my region, there is only one shop which allow use to pay the BITCOIN.
if your governments does not allow bitcoin , why there are still business that uses it? maybe that can simply means that is is still posible for the people or business to use bitcoin even if the government doesnt believe it, infact there were also few countries like russia , south korea , china ,etc that bans bitcoin and other cryptos but most of the people from that country are still using it and they rather find ways in order to acces and trade bitcoin despite that it is restricted on their own country.
I think that is not possible right now as the price of bitcoin goes down business owners wil find it too risky and the price is flactuates too much.I think it is only possible if the owner is a trader himself.He could use that btc to make some moves on the market.
Right...he can be a trader. You can encourage the local business owner to take advantage on the flactuation of the bitcoin and other crypo currencies. He can trade the crypto currencies since the value today is still low.
I think in the present condition of bitcoin he might afraid because if he accepts payment he might need to learn basic things about trading. Without knowledge about trading it is suggestible for him to accept it. We need to educate him about the technology behind it.
For me if the government does not accept bitcoin or does not support it... it is very hard to convince local business to choose bitcoin as a currency is in my region, there is only one shop which allow use to pay the BITCOIN.
I recognized this is the most important in the crypto world. My own store now accept BTC as a contribution to this revolution .
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.
just outline the obvious for them, let them know that this is a possible route to grow larger incomes. For one example Credit card fees usually run around 2-3%, which can make a considerable dent in the profits of businesses operating on low margins, but with bitcoin, you can pay substantially lower fees (~ 1%) without needing a huge volume of transactions as leverage with the credit card company. And that’s only if you transfer your money back into local currency — if you keep in bitcoin, you can essentially avoid fees altogether and even invest at this current time to see a spike in turn over. If the business is sending money to other country.
Than I think is good to tell them that Bitcoin is a solution because is faster and cheaper.
Making them see the change and how your trading life has bloomed over the years of use because local users will find it difficult to believe without testimonies. Than I think is good to tell them that Bitcoin is a solution because is faster and cheaper.
bitcoin in my country is doing great and it has a lot of benefits for example paying bills online remittances . banking / buying prepaid loads and recently they some restaurant are already listed and they are accepting bitcoin as a payment so much innovation is happening in bitcoin.
Kind of touched on already but convincing businesses of the benefits of BTC right now what with the current value and uncertainty wouldn't be wise!
Perhaps, a good idea would be to give bitcoins to the development of a real business with the condition that the future company will be accept bitcoins as a payment for its services
Encouraging People are very difficult task for us but if we can explain properly what bitcoin really is, and what it uses and its beauty and purpose, I'm sure, we can attract them to join and invest in bitcoin. Also, all people only wants to earn money, want their business to grow and have more income.
I think that is not possible right now as the price of bitcoin goes down business owners wil find it too risky and the price is flactuates too much.I think it is only possible if the owner is a trader himself.He could use that btc to make some moves on the market.
Yes you are right but we need to teach them to get into bitcoin because the world is moving so fast but many of us still don't about technologies and it's use so we need make awareness about bitcoin in all possible ways this is only way to encourage local businesses to get into bitcoin.
I think that is not possible right now as the price of bitcoin goes down business owners wil find it too risky and the price is flactuates too much.I think it is only possible if the owner is a trader himself.He could use that btc to make some moves on the market.
Right...he can be a trader. You can encourage the local business owner to take advantage on the flactuation of the bitcoin and other crypo currencies. He can trade the crypto currencies since the value today is still low.
before we introduce bitcon into people, i think we should give them an explaining about bitcoin and we can give them an example of how to using bitcoin and make any transaction with easy. it should need hard work and there is no one can do without other people. so maybe you can make little group with your friends which using bitcoin and start to make a community and make meeting discussion group and ask people to join, then in that meeting group you can tell them about bitcoin. its really need hard work to do this but after you success, then people in your city will appreciate to you and make bitcoin as payment soon
I think that is not possible right now as the price of bitcoin goes down business owners wil find it too risky and the price is flactuates too much.I think it is only possible if the owner is a trader himself.He could use that btc to make some moves on the market.
Bitcoin in our country is not that popular enough that even our local businesses would venture and explore. But a way to encourage them is to make bitcoin more popular in the country then explain everything about bitcoin all its advantages and benefits. This will make local businesses increase their investments and widen their business not just offline but also online since bitcoin is a cryptocurreny. There are lots of benefit bitcoin can give let us show them what are those and prove to them that bitcoin will give them postive outcomes for their business.
Exactly bitcoin has a lot of benefit for them and if they will explore bitcoin forum they will get to know bitcoin benefits in real life. It is not hard to encourage them if they are really a big and huge level businessman as now bitcoin is common all people are aware of bitcoin, bitcoin can be sue as side source of income for them if they will invest the spare money in bitcoin and then hold it for long time along with bitcoin a person can start some other business as well and it will support him in time of sudden crises. Jump to: