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Topic: How can we encourage local businesses to accept BTC? - page 33. (Read 185011 times)

sr. member
Activity: 308
Merit: 267
I think you should introduced them or give them what bitcoin is or how does it work convince them that bitcoin is real money that can are stored in the internet show to them its legitimacy, show them the value of bitcoins and tell them or show some proof that the bitcoins is raging up it's value in the market or maybe show to them different businessmen in internet that uses bitcoins in their business maybe they'll will be convinced to accept bitcoins as a payment.
sr. member
Activity: 324
Merit: 250
I think for the first time, we should let them know what Bitcoin is, how to use Bitcoin and how to exchange Bitcoin into cash, show them why using Bitcoin is better than using money so that they can start eccepting Bitcoin for their bussiness
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
With crypto in general hitting mainstream these days, I'm pretty positive adoption would spike up too. Everyone knows BTC, the problem is they know it as an investment and not as a means to buy or sell something.

That's where we're gonna have problems in terms of adoption.
sr. member
Activity: 490
Merit: 250
🤖UBEX.COM 🤖
It's really possible for local businesses to accept bitcoin, the problem is, are all your customers also use bitcoin for their business ? If not, it's like useless though. Because no one use bitcoin on their area, they even don't know what and how is bitcoin works. My solution is we must encourage other people to use bitcoin first, tell them the benefit of using bitcoins.
sr. member
Activity: 1274
Merit: 293
Just introduced first the bitcoin in the local business to accept it. Because if the local business not know the BTC as currency they cannot use it in exchange of their products or service. However, if the local business accept it as currency it was easy to encourage the other business to accept it.
Precisely, just introduced to them about bitcoin, tell them what are the advantages of it. If they will be known and have a background to it they might accept it as mode of payment. Aside from that if few local business is accepted the bitcoin there's a possibility for you to encourage the others too.
hero member
Activity: 686
Merit: 500
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.
First we should explain them history of bitcoin ,its functioning in block chain and how it is secured briefly.Then we should explain them that bitcoin transactions could not be reversed unlike paypal and so its safe for merchants.We should say that by just downloading a wallet and by scanning the QR code by even smart phone.It should also be said that if we earn bitcoin as payment instead of fiat,it has chance of increasing since bitcoin price is increasing continuously.
hero member
Activity: 770
Merit: 500
There is no wrong in making local business owners to accept bitcoin as payment. But just imagine about customers. For a 10 dollar purchase, customers end up paying 12 dollars including transaction fees. Who will pay 12 dollars instead of 10 dollars.  I think ,in this situation its really foolishness to make local owners to accept BTC as payment because it wont do any good to customers .
hero member
Activity: 910
Merit: 505
You could tell them the advantages that we can have with bitcoin and explain to to them.You could also tell them that there are lots of people who are waiting for a business to spend their bitcoin with.Or you could use some flyers with the information of the bitcoin in it or you could convince them orally.
i think it is not such an easy job to convince them so easily and specially in current situation, when there is such a huge fluctuation in the price of bitcoin. i think it can only be possible when bitcoin price will become too much stable.
bitcoin will not become stable,thats how cryptocurrency market works.if it become stable than no one will invest in it ,simple is that.i think local businessmen will not accept as it is not fit for making local payment. and if talk about some good industry people then also it will not work as btc price fluctuate by a greater margin.
newbie
Activity: 57
Merit: 0
I don't know if this has been mentioned yet, but there needs to be established, reliable bitcoin futures, swaps, and a forward market for them to hedge their cashflows in order to guarantee they will maintain their profits even if the coin prices plummet.
hero member
Activity: 490
Merit: 500
You could tell them the advantages that we can have with bitcoin and explain to to them.You could also tell them that there are lots of people who are waiting for a business to spend their bitcoin with.Or you could use some flyers with the information of the bitcoin in it or you could convince them orally.
i think it is not such an easy job to convince them so easily and specially in current situation, when there is such a huge fluctuation in the price of bitcoin. i think it can only be possible when bitcoin price will become too much stable and to me  think it may not be possible in near future, because still a very little number of bitcoin users have accept bitcoin and still a lot  of people are accepting it on daily bases. therefore we cannot expect that bitcoin price will become stable in near future.
full member
Activity: 258
Merit: 100
I ve been thingking about this too.
My idea is to have btc atm first and switch between that atm fo fiat.
It is not 100% btc but it is like toncombine the idea.
Most condition is not ready for btc.
It ll change
sr. member
Activity: 546
Merit: 250
You could tell them the advantages that we can have with bitcoin and explain to to them.You could also tell them that there are lots of people who are waiting for a business to spend their bitcoin with.Or you could use some flyers with the information of the bitcoin in it or you could convince them orally.
hero member
Activity: 1092
Merit: 501
By campaigning massively bitcoin through mass media, local media, newspapers, with the help of banners, posters, etc., I think that way we can encourage local businesses to accept bitcoin and maybe local businesses will grow if more people receive bitcoin as a means of payment.
You could do that but who is going to pay for all of that? Because I don’t think anyone in his right mind wants to spend that much money, also the most important is that business will adopt bitcoin on their own as client inquire about it, so it is not business owners we must try to convince but the average person if we convince them, businesses will follow.
hero member
Activity: 826
Merit: 529
There is no need to encourage them rather than promoting bitcoin to them. If we can make them understand about the function and profitable section then they will be also interested in this forum, if they are capable of predictions then they will must be involved here.
hero member
Activity: 924
Merit: 502
We can encourage them by generating signature campaigns promoting their business by using digital currency as their mode of transactions. By this platform we can make it through success of the business adds and will surely gain good profit in the future of the business growth. Bitcoin education for the country's people is must for eveybody living in the community so that adoption of the system will take place at a certain level of understanding, that could result to profitable income of a business sectors.
Certainly! Not that fast though because people wouldn't rely directly to a new currency which is BTC. Well of course it takes time to introduce BTC to local businesses however, the gradual process would work by a private tutorial about BTC in an exclusive video for those who are interested. And, they can also leave a comment or send a message if they have something to clarify about it. As much as possible it should be discreet at times because others might think it is a scam as we all know there are many instances already happened otherwise people won't be interested at all. Consequently, gradual introduction of BTC to local businesses would be of great deal.
sr. member
Activity: 1484
Merit: 253
We can encourage them by generating signature campaigns promoting their business by using digital currency as their mode of transactions. By this platform we can make it through success of the business adds and will surely gain good profit in the future of the business growth. Bitcoin education for the country's people is must for eveybody living in the community so that adoption of the system will take place at a certain level of understanding, that could result to profitable income of a business sectors.
legendary
Activity: 1008
Merit: 1060
We cannot encourage, we need to promote the bitcoin in the local businesses also in the small business because they cannot used it if they cannot know what it is. Moreover, using of bitcoin in local businesses were good but for now it is a big challenge to us, if how can make it true.

A suggestion: To encourage local businesses to accept BTC, then start by using it and accepting it on your very own store. This way, people would know that it exists. Put up a banner that you accept bitcoins and people would always ask the cashier what it is. It's obvious that you have to educate the people in your store what is bitcoin so they can answer the questions of the customers as if it's just a normal thing to have. The customers will be thinking to themselves, if this waiter knows about it, then how come I don't know it? Am I behind the trend now? And then do a quick search about bitcoin.
hero member
Activity: 3038
Merit: 634
We cannot encourage, we need to promote the bitcoin in the local businesses also in the small business because they cannot used it if they cannot know what it is. Moreover, using of bitcoin in local businesses were good but for now it is a big challenge to us, if how can make it true.

We can encourage for the few businesses and those people that we know personally.

But if we want to promote bitcoin solutions for businesses it's hard to make this type of marketing because we are endorsing bitcoin as a whole.

It's going to be a good promotion if you have a service to offer that accepts bitcoin.
sr. member
Activity: 336
Merit: 260
We cannot encourage, we need to promote the bitcoin in the local businesses also in the small business because they cannot used it if they cannot know what it is. Moreover, using of bitcoin in local businesses were good but for now it is a big challenge to us, if how can make it true.
hero member
Activity: 1274
Merit: 513
Tell them the advantage of using bitcoin show them the other features does not have others. For sure if you do that they accept bitcoin as payment.  They sadi to them many people as of now using bitcoin and if they add bitcoin for their business many people avail their service or products. Gives them the proof also that bitcoin is legit and they have many uses.
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