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Topic: How can we encourage local businesses to accept BTC? - page 22. (Read 184968 times)

hero member
Activity: 3080
Merit: 603
It might work if they also operate their businesses on a website. Since it's online, I'm sure that they are accepting online payments using credit card and that's where you will start explaining bitcoin and all of its benefits. Make them aware that it will be the thing of the future.
Raising the awareness about bitcoin is one of the things that we can do. And we can introduce to them that it is an alternative to those customers that doesn't want to use credit card instead they want to try out some other payment method and that is through bitcoin. I will support them with it and will tell that if they had need some help and support about the acceptance of bitcoin then I'm there to help for free.
member
Activity: 109
Merit: 10
enjoy this world
well the credit card is one of the most familiar product that ecnourage peopole to use bitcoin everywhere
sr. member
Activity: 1400
Merit: 269
Why not educate them by telling them the basics of it on how it works what is the especially features does it have that separates it from the fiat currency that we usually use.
Like its decentralized feature, security, low fees and global payments where you need just the wallet address of the person you are sending your payment without any need of personal information unlike paypal. Do not worry about volatility because it is already graduated from it in fact most nerchants use t in their business whether online or offline.
full member
Activity: 238
Merit: 100
It might work if they also operate their businesses on a website. Since it's online, I'm sure that they are accepting online payments using credit card and that's where you will start explaining bitcoin and all of its benefits. Make them aware that it will be the thing of the future.
full member
Activity: 336
Merit: 100
Let them know how bitcoin works mostly on positive aspects, In the same way they will be able to fetch more ideas, significant issues about btc. 
Government has a great role to influence customers, The time bitcoin will be legalized, this may a good start of accepting btc in local business unit.
sr. member
Activity: 2842
Merit: 326
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This is could be achieved by engaging in physical awareness, going to those local businesses and start giving them orientation, of course if banking transaction is ran by local businesses I don't see any  reason why bitcoin cannot work in those places too.
I think much efforts is needed to actualise accepting bitcoin those business, I am optimist with time it' s going to work.
full member
Activity: 812
Merit: 142
I  just starts 2 months ago 2 bars and a restaurant at new york i hope ny state department of finance or licencing will not bust them lol

Local business will start accepting btc only if they get any assurance form the government or the country themselves state that they support cypto currencies . This will give confidence to the many small and medium business entrepreneurs to start accepting them as a payment mode.
full member
Activity: 140
Merit: 100
The question that comes to my mind is, are we the one really needs to encourage the local businesses to accept bitcoin. I can’t see a logic behind this, it must be the other way around. If the business sectors don’t see the advantages of updating they’re strategy when the bitcoin users and it’s popularity is expanding they might be left behind. And also the give must be the one who must endorse it, typically because they’re the one will determine its legality.
full member
Activity: 333
Merit: 109
I  just starts 2 months ago 2 bars and a restaurant at new york i hope ny state department of finance or licencing will not bust them lol
full member
Activity: 406
Merit: 102
Well I still don't know how bitcoins was made. Those who stand as the foundations of bitcoins is very clever. I wonder how altcoins are made and if possible, can bitcoins be upgraded too.
If and maybe bitcoins can handle more transactions with consistent speed and no fees.  Then it's time to push government to legalize bitcoins because local businesses may not take risks when it comes to investments even if they will profit more.

So in short..
 Upgrade bitcoins ( if possible. But I know it's risky because it may cause more bugs) just an opinion. Altcoins were one of the resolutions made I guess.
The step for legalisation..
Then push local businesses.
newbie
Activity: 102
Merit: 0
local businesses depend on government and government can’t allow with bitcoin
As I heard, Belarusian goverment recently began to discuss the rules of legal regulation of crypthocurrency (in relation to financial transactions of local businesses)..so who knows, who knows
full member
Activity: 322
Merit: 103
I think the easiest way would be to start with the traditional business and then integrate it with cryptocurrency by
offering it to the public in online shopping apps have a business meeting with that online shopping to accept bitcoins or altcoins
sr. member
Activity: 448
Merit: 250
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I think it is hard to encourage existing local businesses to accept BTC first of all it is hard to explain bitcoin to a people who know nothing about it. And if his business is running well he would not want to bring another risk factor in his business (as btc value fluctuate so frequently he will look that as a threat). But for a new startup by a person,who know bitcoin well it is possible to start a shop, which accept bitcoin.

It's not hard if you known them operating for years. It's like you are going to offer them bitcoin adoption. In the first place explaining bitcoin to them is hard but if you know what you are offering. And you want their business to be unique by accepting bitcoin, maybe in finally they can accept bitcoin on their business.
Yeah proper steps can be helpful to encourage them. I think they don't want to use bitcoin because they aren't​familiar about Bitcoin​. If we tell them about the advantage of bitcoin, probably they will use it for their financial purpose.

It seems to me that taking bitcoin in business is very difficult. Its price is constantly changing and this is very dangerous for business. In addition, we see that the price can decrease significantly and recover for a long time. The business of this can not stand.
sr. member
Activity: 1750
Merit: 267
I think it is hard to encourage existing local businesses to accept BTC first of all it is hard to explain bitcoin to a people who know nothing about it. And if his business is running well he would not want to bring another risk factor in his business (as btc value fluctuate so frequently he will look that as a threat). But for a new startup by a person,who know bitcoin well it is possible to start a shop, which accept bitcoin.

It's not hard if you known them operating for years. It's like you are going to offer them bitcoin adoption. In the first place explaining bitcoin to them is hard but if you know what you are offering. And you want their business to be unique by accepting bitcoin, maybe in finally they can accept bitcoin on their business.
Yeah proper steps can be helpful to encourage them. I think they don't want to use bitcoin because they aren't​familiar about Bitcoin​. If we tell them about the advantage of bitcoin, probably they will use it for their financial purpose.
newbie
Activity: 43
Merit: 0
local businesses depend on government and government can’t allow with bitcoin
sr. member
Activity: 456
Merit: 250
before going to encourage the local businesses we need to make sure about the stability and availability of Bitcoin. when Bitcoin will achieve the credibility from all aspect of the world then naturally the using rate will be increased. but I  think it's difficult to convince them without the availability of Bitcoin.

though Bitcoin is based on the internet so most of the users are using on this platform. but local people can't use Bitcoin due to unattachment to Bitcoin. they are using cash for thier daily purposes. so this initiative will come to end in smoke.
We can encourage local businesses to accept bitcoin if they can know the good benefits of crypto currency in their business. However the problem is the availability of bitcoin together with the accessibility internet connection. Because not all part of the world have internet connectivity some parts are none.
If there is an stable Internet connectivity, then without any issues we can make use of bitcoin bitcoin as an payment to encourage local businesses. Here the issue happens with profiting, because at present we've got very small users compared to fiat. So the stamp of implementing bitcoin into business at present won't get you profit immediately, it takes time.
hero member
Activity: 630
Merit: 500
before going to encourage the local businesses we need to make sure about the stability and availability of Bitcoin. when Bitcoin will achieve the credibility from all aspect of the world then naturally the using rate will be increased. but I  think it's difficult to convince them without the availability of Bitcoin.

though Bitcoin is based on the internet so most of the users are using on this platform. but local people can't use Bitcoin due to unattachment to Bitcoin. they are using cash for thier daily purposes. so this initiative will come to end in smoke.
We can encourage local businesses to accept bitcoin if they can know the good benefits of crypto currency in their business. However the problem is the availability of bitcoin together with the accessibility internet connection. Because not all part of the world have internet connectivity some parts are none.
newbie
Activity: 42
Merit: 0
Inspire local organizations by just employing bitcoin and displaying them it's really a forex and it is getting utilised.Lead to if they don't see that it is globally utilised then it truly is no cause for them to add it to their payment strategies ofcourse
sr. member
Activity: 584
Merit: 256
before going to encourage the local businesses we need to make sure about the stability and availability of Bitcoin. when Bitcoin will achieve the credibility from all aspect of the world then naturally the using rate will be increased. but I  think it's difficult to convince them without the availability of Bitcoin.

though Bitcoin is based on the internet so most of the users are using on this platform. but local people can't use Bitcoin due to unattachment to Bitcoin. they are using cash for thier daily purposes. so this initiative will come to end in smoke.
full member
Activity: 448
Merit: 103
Maybe we can start by supporting altcoins that is used by the team in real economy? Such as SLVR that used the money raised to mine Silver.
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