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Topic: How can we encourage local businesses to accept BTC? - page 40. (Read 185062 times)

full member
Activity: 362
Merit: 100
Newbie in online currency , love learning
at first, u need to introduce local bitcoin exchange which are convenience to them.

second taxation. because they are local business, so u need to ask the government department again about the taxation in using bitcoin
Don't see in government website, need personally go reach them. Many country government website no do mention in btc using.

actually tell them the risk they accept bitcoin include their a/c audit.

If they receive bitcoin debit card,
 there will be fees on merchant so better confirm more card user then can accept card.

Tell him their revenue will be drop if btc price drop.
If they decided to hold btc then they need enough cash flow which support their business.

always sharing anything of bitcoin to let them feel confidence against bitcoin.






 
legendary
Activity: 1008
Merit: 1060
There's only one way-reduced taxes or a lot of bonuses which they will get.

How will there be a bonus when you use bitcoins? I don't see any increase in the amount of bitcoins that I receive everytime I do a transaction. Reduced taxes? Seller still have to pay the same amount of tax even when he started using bitcoins unless of course he did on purpose to avoid paying taxes by not submitting the right amount of income that he has.

I think there are a lot of different options-for me the way how that will happen is not a problem as long as there is desire for that to happen.

This is the "If you want it, there's got to be a way." argument which I really fail to understand. I want to blow up the whole multiverse including but not limited to the universe that we live in. Since I desire that, there's a thought that's going to pop up in my mind on how to do it? I hardly think so.

And since you've mentioned that there's "lots of different options", would you mind sharing even just one?

If we as a community really want more retailers to accept BTC then we have to propose our offers

This is the desperate approach. "Plz accept out BTC, we'll give you money." No one in the bitcoin world would want to pay more than he should just to use his bitcoins. The way I see it, the retailers will start accepting bitcoins when our population has started to blow up.
hero member
Activity: 2646
Merit: 548
DGbet.fun - Crypto Sportsbook
We encourage the local businesses to accept BTC by promoting the advantages of this currency, like for example; in the future we don't need cash as currency instead of cash we buy any things they want using online market. And we need a currency as trade for some goods and it is the BTC.,
Encouraging bitcoin acceptance into business platforms is quite good and a possible one. Something that needs to be insisted is the advantages that it provides. It should be explained clearly that it requires some knowledge only then it can be profiting in the better way.
full member
Activity: 224
Merit: 100
I think market always responds to the needs of buyers. If we will constantly ask for the option to pay with bitcoins thay will finally begin to accept bitcoins. Also disseminaton and education through mass media, social networks, news, etc. is very important.
sr. member
Activity: 1246
Merit: 255
This will be in form of extension services,(innovation) sensitizing them on what it is, how it can be used, but i think it will involve at least educating partially the unschooled. great task it will be though.
sr. member
Activity: 420
Merit: 282
We encourage the local businesses to accept BTC by promoting the advantages of this currency, like for example; in the future we don't need cash as currency instead of cash we buy any things they want using online market. And we need a currency as trade for some goods and it is the BTC.,
hero member
Activity: 868
Merit: 1000
There's only one way-reduced taxes or a lot of bonuses which they will get.For me that is a good enough reason for a retailer to start accepting BTC-there has to be some way of profiting for the retail and I think there are a lot of different options-for me the way how that will happen is not a problem as long as there is desire for that to happen.If we as a community really want more retailers to accept BTC then we have to propose our offers
full member
Activity: 182
Merit: 100
I will explain to them thoroughly and encourage to them that a bitcoin is many benefits and the purposes like expenses. And this is the good investment. I introduce to them that this is an international currency of an investors. All they need to do is give more spend time and understand well.    Easy to invest here and how can they earn more. .
hero member
Activity: 3080
Merit: 603
We can encourage local business by showing them the features and benefits of bitcoins but before that we need to make sure that even the people around us are aware about bitcoins and are using it and are willing to spend them for shopping purposes then only it will attract merchants to start accepting bitcoins.

It's not that easy even you will show them the greatness of bitcoin. But once they saw that bitcoin is stable enough and that is going to be a plus for their business if they had the option of being paid with bitcoin for what they are selling. That can give their customers a lot of choice for purchasing everything they've got.

Its easy only bro. If he wish to implement the bitcoin as payment mode in the local business. First, bitcoin should be legal in that country until its not not easy accept bitcoin for purchases, still if you look into use bitcoin means use it for your international trades and businesses need to transact to the other country people via bitcoin. It will reduce forex and other charges for international transactions.

I think there's no need of legality as it is not recognized by the government and besides it is a business entity, he may wish to receive bitcoin,checks,cash or even debts. But the fact that we can't convince that easily those business owners as long as they aren't going to see a very good progress, the location may affect them if there are no bitcoin users near them, what's the use?
newbie
Activity: 56
Merit: 0
For the mainstream it would be better to let them their Euros and Dollars and just use BTC as actually money.
So if someone easy can pay in a bar with his smartphone and everywere it is accepted - they will do it.
But if u try to explain an uninteressted newbie about BTC and how it works - they shut down and say - i stay by my knowing money.
legendary
Activity: 1372
Merit: 1005
We can encourage local business by showing them the features and benefits of bitcoins but before that we need to make sure that even the people around us are aware about bitcoins and are using it and are willing to spend them for shopping purposes then only it will attract merchants to start accepting bitcoins.

It's not that easy even you will show them the greatness of bitcoin. But once they saw that bitcoin is stable enough and that is going to be a plus for their business if they had the option of being paid with bitcoin for what they are selling. That can give their customers a lot of choice for purchasing everything they've got.

Its easy only bro. If he wish to implement the bitcoin as payment mode in the local business. First, bitcoin should be legal in that country until its not not easy accept bitcoin for purchases, still if you look into use bitcoin means use it for your international trades and businesses need to transact to the other country people via bitcoin. It will reduce forex and other charges for international transactions.
hero member
Activity: 3080
Merit: 603
We can encourage local business by showing them the features and benefits of bitcoins but before that we need to make sure that even the people around us are aware about bitcoins and are using it and are willing to spend them for shopping purposes then only it will attract merchants to start accepting bitcoins.

It's not that easy even you will show them the greatness of bitcoin. But once they saw that bitcoin is stable enough and that is going to be a plus for their business if they had the option of being paid with bitcoin for what they are selling. That can give their customers a lot of choice for purchasing everything they've got.
hero member
Activity: 837
Merit: 500
It's very easy, just give them some examples of those successful bitcoin business owners.
Most of the successful business owners were holding big capital investment as well most of them were large scale traders and gambling site managers. Another important platform available is to create blockchain based applications which is gonna make big change in the mobile usage. Other than these it's good to accept bitcoin same as physical currency acceptance.

Lots of new digitally mode of payments or for any services and transactions now relating to money were accepted by many now,its benefiting the customer as well the businessman. For the customer for easy and less hassle transactions,same with businessman for attracting more customers knowing their capable of accepting online payments. Same with bitcoin knowing there were numbered of users now, they might got interest on it too plus the features and services bitcoin can offers to them too.
sr. member
Activity: 1666
Merit: 276
It's very easy, just give them some examples of those successful bitcoin business owners.
Most of the successful business owners were holding big capital investment as well most of them were large scale traders and gambling site managers. Another important platform available is to create blockchain based applications which is gonna make big change in the mobile usage. Other than these it's good to accept bitcoin same as physical currency acceptance.
newbie
Activity: 36
Merit: 0
It's very easy, just give them some examples of those successful bitcoin business owners.
hero member
Activity: 714
Merit: 500
We can encourage local business by showing them the features and benefits of bitcoins but before that we need to make sure that even the people around us are aware about bitcoins and are using it and are willing to spend them for shopping purposes then only it will attract merchants to start accepting bitcoins.
full member
Activity: 238
Merit: 100
how to approach the local business and introduce this bitcoin bitcoin like where do they work, after it beriakan real evidence for them so that they know what is bitcoin.

certainly not regret familiar with the evolving bitcoin bitcoin?
legendary
Activity: 3080
Merit: 1353
Offcourse we can encourage local business owners to accept bitcoin by introducing bitcoin to them and making them understand the advantages of it. But it all depends upon the country. Because shop owners are answerable to government officials during the financial year end for the tax related issues. Its easy to accept bitcoin as payment in countries were bitcoin is officially annouced as legal .

One country that legally accepts bitcoin is Japan. As you can see, there's no need to market bitcoin there as Japanese people are accepting it enthusiastically.

https://news.bitcoin.com/japan-bic-camera-starts-accepting-bitcoin/

So you are correct, it really depends on the country if they legalized or against bitcoin. For countries that's against it, local owners or merchants will be facing a huge barrier promoting or accepting bitcoin as payment specially if you have a offline business. On the contrary, if you have a on-line business, you just have to put an option you are accepting bitcoin as mode of payment. Let bitcoin promote itself in your website. Maybe other will be curious as to what bitcoin is, and will probably use it as mode of payment when they understand how bitcoin works and what advantage they can have if they use it as payment scheme.
hero member
Activity: 770
Merit: 500
Offcourse we can encourage local business owners to accept bitcoin by introducing bitcoin to them and making them understand the advantages of it. But it all depends upon the country. Because shop owners are answerable to government officials during the financial year end for the tax related issues. Its easy to accept bitcoin as payment in countries were bitcoin is officially annouced as legal .
full member
Activity: 378
Merit: 101
Dear knightkon,

You are very welcome to get involved with the revolutionary Blockpay product recently developed by Bitshares Munich. Please see the video below:

https://www.youtube.com/watch?v=bcuVSjR6gkk

See also their link attached here:

https://blockpay.ch/

As you can see, retailers are now able to accept any digital currency or asset (not only Bitcoin) as payment for their goods or services in a matter of seconds.

Moreover, the volatility issue has been resolved with this new technology including smartcoins pioneered by Bitshares. The Blockpay solution works at any brick and mortar (physical) or online store. The retailers just need to download and use the Blockpay app as a point of sale. They are also able to cash out the earned money in their local FIAT currency bank accounts if they wish to.

If you download the smartcoins app and blockpay app yourself, get the product information as well in printed version, then show your local retailers a live Blockpay demo, they might take you very seriously indeed.

Regards
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