How can we encourage local businesses to accept BTC? - page 42.

btcdiggingmaster

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Quote from: Kolder on March 17, 2017, 06:28:15 AM

Quote from: Hazir on March 17, 2017, 06:20:22 AM

Quote from: pinkflower on March 17, 2017, 04:23:03 AM

Im very sure they will all be disappointed despite all the advantages you can conjure and market to them. The volatility alone is a big turn off. There is also the issue of the hard fork coming that might split blockchain in 2. Is that a currency that will give them an advantage?

In its current state bitcoin is not exactly the best method to implement as your payment. It is still great store of value though.
But that is not really a concern for any of these merchants, as they don't store bitcoins anyway when BitPay is used as BTC payment processor.
Hard Fork split wont happen bitcoin community and developers won't ever allow that. It would undermine bitcoin's position greatly, miners are aware of that.

Merchants needs to realize that bitcoin wallet is a good way for easy transferring of money and it will helps them alot to ensures the payment. It will also help knowing that bitcoin value is rapidly increasing. They can save enough and can use transactions monitoring.

Yes, but they need to wait when the price of bitcoin decreases. The price of bitcoin decreases they won't get the actual value of the product, so in this case, shop keeper's will be in loss, so it will be very hard to convince the local business people.

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Quote from: delliaerd on March 17, 2017, 05:26:21 PM

Quote from: thefaucetrunner on March 17, 2017, 04:07:33 PM

Quote from: Luno on March 17, 2017, 04:05:30 PM

Quote from: Yutikas_11920 on March 17, 2017, 02:17:27 AM

Quote from: DoublerHunter on February 25, 2017, 06:58:02 AM

To encourage local businesses to accept bitcoin as their another kind of payment system, we should explain how the bitcoin works and what are the good benefit of accepting and owning a bitcoin in a very short and simple way because if we explain it on a long and complicated way then they will lose their interest.

Yeah that's the way that it is indeed very good thing to do. Because with it, those who have not understood the bitcoin will easily understand it and if they have a high interest in I am sure they will use the bitcoin. For if they do not have the desire to use it then it will not be useful any information we provide. So the main thing to be used as a benchmark are those which we shall give the information has a good interest for using bitcoin

Everything starts with small idea like this, we must explain what is bitcoin is all about, we have to explain the benefits like its security feature, about cryptography, about less transaction charges, more value even just storing it. so more people will adopt into the btc world and we will see high growth soon.

Its not hard to convince people to star using bitcoins but it will depend on how you are good at convincing other and if you tell them that they can earn more money with bitcoins then you don't have to explain them anything else and they will start to know more about bitcoins.

Well, i couldn't agree more with you above. It will be great.
But when we see from local businesses eye, all of your suggestion will considered if the around society also use bitcoin and don't mind to use it on real payment in real life.
For me as bitcoin's user i like if i can use bitcoin to pay or buy something without changing it to my fiat first. It make me more easy using bitcoin.

Thats the problem, Only a few number of people are using bitcoin today furthermore convincing other people is not that easy. Lets not rush things,

What we should do now is to spread awareness and to help bitcoin have a good impression on others. That being said my suggestion is to accept

different popular payment methods along bitcoin. To be honest accepting bitcoin only is not that good for your business.

pinkflower

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Quote from: Hazir on March 17, 2017, 06:20:22 AM

Quote from: pinkflower on March 17, 2017, 04:23:03 AM

Im very sure they will all be disappointed despite all the advantages you can conjure and market to them. The volatility alone is a big turn off. There is also the issue of the hard fork coming that might split blockchain in 2. Is that a currency that will give them an advantage?

In its current state bitcoin is not exactly the best method to implement as your payment. It is still great store of value though.
But that is not really a concern for any of these merchants, as they don't store bitcoins anyway when BitPay is used as BTC payment processor.
Hard Fork split wont happen bitcoin community and developers won't ever allow that. It would undermine bitcoin's position greatly, miners are aware of that.

If the stores were to use a payment processor anyway then its better for them to accept credit cards and prepaid debit cards. The amount of BTC purchases will not justify the acceptance because paying with fiat will make more sense.

The hard fork will not happen? It is gaining more mining power and has hit 40% the last few days. Once it reaches 50% theres no going back. It will gain more momentum. There is nothing the developers and community can do except try to hold on that will cause to split the blockchain. For a Legendary I am surprised with your misinformed post.

Fatanut

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Quote from: delliaerd on March 17, 2017, 05:26:21 PM

~snip~

Well, i couldn't agree more with you above. It will be great.
[1]But when we see from local businesses eye, all of your suggestion will considered if the around society also use bitcoin and don't mind to use it on real payment in real life.
[2]For me as bitcoin's user i like if i can use bitcoin to pay or buy something without changing it to my fiat first. It make me more easy using bitcoin.

[1] - On the contrary, there's not much people in the society using bitcoins. There are theories that as humans, we tend to copy other people. If everyone else is using bitcoins, eventually you'll use bitcoins as well. But we're not at that point yet. We're still at the starting point where the growth is the slowest (with exception on other things of course).

The case today: People are going to use bitcoins when they read about it online and got interested about it. Not because the society is using it already.

[2] That's every bitcoin user's dream. To use his bitcoins for payment without requiring to convert it to fiat first. Sadly, there's not that much shop that allows that.

delliaerd

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Quote from: thefaucetrunner on March 17, 2017, 04:07:33 PM

Quote from: Luno on March 17, 2017, 04:05:30 PM

Quote from: Yutikas_11920 on March 17, 2017, 02:17:27 AM

Quote from: DoublerHunter on February 25, 2017, 06:58:02 AM

To encourage local businesses to accept bitcoin as their another kind of payment system, we should explain how the bitcoin works and what are the good benefit of accepting and owning a bitcoin in a very short and simple way because if we explain it on a long and complicated way then they will lose their interest.

Yeah that's the way that it is indeed very good thing to do. Because with it, those who have not understood the bitcoin will easily understand it and if they have a high interest in I am sure they will use the bitcoin. For if they do not have the desire to use it then it will not be useful any information we provide. So the main thing to be used as a benchmark are those which we shall give the information has a good interest for using bitcoin

Everything starts with small idea like this, we must explain what is bitcoin is all about, we have to explain the benefits like its security feature, about cryptography, about less transaction charges, more value even just storing it. so more people will adopt into the btc world and we will see high growth soon.

Its not hard to convince people to star using bitcoins but it will depend on how you are good at convincing other and if you tell them that they can earn more money with bitcoins then you don't have to explain them anything else and they will start to know more about bitcoins.

Well, i couldn't agree more with you above. It will be great.
But when we see from local businesses eye, all of your suggestion will considered if the around society also use bitcoin and don't mind to use it on real payment in real life.
For me as bitcoin's user i like if i can use bitcoin to pay or buy something without changing it to my fiat first. It make me more easy using bitcoin.

thefaucetrunner

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Quote from: Luno on March 17, 2017, 04:05:30 PM

Quote from: Yutikas_11920 on March 17, 2017, 02:17:27 AM

Quote from: DoublerHunter on February 25, 2017, 06:58:02 AM

To encourage local businesses to accept bitcoin as their another kind of payment system, we should explain how the bitcoin works and what are the good benefit of accepting and owning a bitcoin in a very short and simple way because if we explain it on a long and complicated way then they will lose their interest.

Yeah that's the way that it is indeed very good thing to do. Because with it, those who have not understood the bitcoin will easily understand it and if they have a high interest in I am sure they will use the bitcoin. For if they do not have the desire to use it then it will not be useful any information we provide. So the main thing to be used as a benchmark are those which we shall give the information has a good interest for using bitcoin

Everything starts with small idea like this, we must explain what is bitcoin is all about, we have to explain the benefits like its security feature, about cryptography, about less transaction charges, more value even just storing it. so more people will adopt into the btc world and we will see high growth soon.

Its not hard to convince people to star using bitcoins but it will depend on how you are good at convincing other and if you tell them that they can earn more money with bitcoins then you don't have to explain them anything else and they will start to know more about bitcoins.

Luno

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Quote from: Yutikas_11920 on March 17, 2017, 02:17:27 AM

Quote from: DoublerHunter on February 25, 2017, 06:58:02 AM

To encourage local businesses to accept bitcoin as their another kind of payment system, we should explain how the bitcoin works and what are the good benefit of accepting and owning a bitcoin in a very short and simple way because if we explain it on a long and complicated way then they will lose their interest.

Yeah that's the way that it is indeed very good thing to do. Because with it, those who have not understood the bitcoin will easily understand it and if they have a high interest in I am sure they will use the bitcoin. For if they do not have the desire to use it then it will not be useful any information we provide. So the main thing to be used as a benchmark are those which we shall give the information has a good interest for using bitcoin

Everything starts with small idea like this, we must explain what is bitcoin is all about, we have to explain the benefits like its security feature, about cryptography, about less transaction charges, more value even just storing it. so more people will adopt into the btc world and we will see high growth soon.

Kolder

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Quote from: Hazir on March 17, 2017, 06:20:22 AM

Quote from: pinkflower on March 17, 2017, 04:23:03 AM

Im very sure they will all be disappointed despite all the advantages you can conjure and market to them. The volatility alone is a big turn off. There is also the issue of the hard fork coming that might split blockchain in 2. Is that a currency that will give them an advantage?

In its current state bitcoin is not exactly the best method to implement as your payment. It is still great store of value though.
But that is not really a concern for any of these merchants, as they don't store bitcoins anyway when BitPay is used as BTC payment processor.
Hard Fork split wont happen bitcoin community and developers won't ever allow that. It would undermine bitcoin's position greatly, miners are aware of that.

Merchants needs to realize that bitcoin wallet is a good way for easy transferring of money and it will helps them alot to ensures the payment. It will also help knowing that bitcoin value is rapidly increasing. They can save enough and can use transactions monitoring.

Hazir

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Quote from: pinkflower on March 17, 2017, 04:23:03 AM

Im very sure they will all be disappointed despite all the advantages you can conjure and market to them. The volatility alone is a big turn off. There is also the issue of the hard fork coming that might split blockchain in 2. Is that a currency that will give them an advantage?

In its current state bitcoin is not exactly the best method to implement as your payment. It is still great store of value though.
But that is not really a concern for any of these merchants, as they don't store bitcoins anyway when BitPay is used as BTC payment processor.
Hard Fork split wont happen bitcoin community and developers won't ever allow that. It would undermine bitcoin's position greatly, miners are aware of that.

arwin100

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Quote from: marketone on March 17, 2017, 05:02:42 AM

Quote from: Kolder on February 24, 2017, 06:21:30 PM

Quote from: Labumi on February 24, 2017, 06:00:36 PM

Quote from: Babayega31 on February 14, 2017, 08:46:42 PM

Yes we can encourage local businesses to accept bitcoin by means of letting those business owners to register at online wallet of bitcoin and fiat currency exchange. He/she will appreciate the advantages and usefullness of digital and fiat currency in terms of fast service and low transaction fees. In that aspect of bitcoin overview that online wallet that he/she will be using is a mediator of any currency that will be paid or converted as form of payment which can cash out as profit to them, through recommended bank.

Yes indeed the advantage in local businesses are getting a lot of member and will certainly get great returns, let alone our business wake up using bitccoin. Although it has many advantages but it still has a lot of harm if we do not want to secure transaction or our business properly. Because broadly speaking bitcoin is a place that is very prone to be theft.No problems did make the local business base bitcoin, but we should be able to do very well in order to benefit measurable as we want

the only disadvantaged I think is that we can let the customers made their identity real, some might not use their real names and might use other names. We should still be careful implementing btc but it is RY a good way to do business.

Yes, but most of the shop, keepers will not bother about their customer's identity because some people are accepting bitcoin only to annoy paying taxes to the governments. Really, it is a good idea if the shopkeeper can keep track of their customer's identity for safety reasons.

If they are legit surely they will not bother anything that can make their costumer harm but in this case im also sure that they can get free advertisement on bitcoins.

Imagine how many bitcoin users around the globe, If they would know shop who almost got all the goods that people they needs well surely the site who accepts bitcoins will get a mass success and the bunos their as you said they will defy the taxes who's been implemented on some online shops.

marketone

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Quote from: Kolder on February 24, 2017, 06:21:30 PM

Quote from: Labumi on February 24, 2017, 06:00:36 PM

Quote from: Babayega31 on February 14, 2017, 08:46:42 PM

Yes we can encourage local businesses to accept bitcoin by means of letting those business owners to register at online wallet of bitcoin and fiat currency exchange. He/she will appreciate the advantages and usefullness of digital and fiat currency in terms of fast service and low transaction fees. In that aspect of bitcoin overview that online wallet that he/she will be using is a mediator of any currency that will be paid or converted as form of payment which can cash out as profit to them, through recommended bank.

Yes indeed the advantage in local businesses are getting a lot of member and will certainly get great returns, let alone our business wake up using bitccoin. Although it has many advantages but it still has a lot of harm if we do not want to secure transaction or our business properly. Because broadly speaking bitcoin is a place that is very prone to be theft.No problems did make the local business base bitcoin, but we should be able to do very well in order to benefit measurable as we want

the only disadvantaged I think is that we can let the customers made their identity real, some might not use their real names and might use other names. We should still be careful implementing btc but it is RY a good way to do business.

Yes, but most of the shop, keepers will not bother about their customer's identity because some people are accepting bitcoin only to annoy paying taxes to the governments. Really, it is a good idea if the shopkeeper can keep track of their customer's identity for safety reasons.

pinkflower

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Quote from: sandor111 on March 16, 2017, 11:29:01 AM

Quote from: UCHCHILD on March 16, 2017, 07:34:05 AM

Show them all the advantages that they can get om, and also try to make some studies on how they can manipulate the coin, on how the bitcoin generated to the market and so for sure if they got the bitcoin in good terms they will be into it.

Yes we need to highlight all the benefits of bitcoin to them that's the best way to encourage local business to use bitcoin and also if possible you can start your own business and start using bitcoin as a payment method so that other local business will automatically do a research about bitcoin and i am sure once someone is aware of benefits of bitcoin over the fiat currency surely they will go for bitcoin.

Im very sure they will all be disappointed despite all the advantages you can conjure and market to them. The volatility alone is a big turn off. There is also the issue of the hard fork coming that might split the blockchain in 2. Is that a currency that will give them an advantage?

Yutikas_11920

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Quote from: DoublerHunter on February 25, 2017, 06:58:02 AM

To encourage local businesses to accept bitcoin as their another kind of payment system, we should explain how the bitcoin works and what are the good benefit of accepting and owning a bitcoin in a very short and simple way because if we explain it on a long and complicated way then they will lose their interest.

Yeah that's the way that it is indeed very good thing to do. Because with it, those who have not understood the bitcoin will easily understand it and if they have a high interest in I am sure they will use the bitcoin. For if they do not have the desire to use it then it will not be useful any information we provide. So the main thing to be used as a benchmark are those which we shall give the information has a good interest for using bitcoin

icecube45

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To encourage local businesses accept bitcoin of course we must introduce bitcoin and bitcoin payment system with them. But it would be difficult if the person does not support or dubious bitcoin as a payment that is profitable. With improved security, ease of transaction, and the development of bitcoin at this time I'm sure they would be interested if knew it and make local businesses start using bitcoin.

Qunenin

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Quote from: DoublerHunter on February 25, 2017, 06:58:02 AM

To encourage local businesses to accept bitcoin as their another kind of payment system, we should explain how the bitcoin works and what are the good benefit of accepting and owning a bitcoin in a very short and simple way because if we explain it on a long and complicated way then they will lose their interest.

Exactly, a further explanation will do for them to be enlighten that bitcoin is a good system to use as payment and more secure. Laid them all the advantages
that they can get when they use this as way of paying them.

hoian0809

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You owe it to yourself to find a bitcoin/crypto Meetup in a nearby city, where you might likely run into people similar to yourself who are aware of what works best in your jurisdiction.

Soul Reaper

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To a layman explaining what is bitcoin,
Will be a very lengthy process and it also may not yield the desired results.
So I insist you to encourage them to make a small investment,
On bitcoins ( only the amount whose loss they can bear).
They would definitely like using bitcoins in future as a trade mediator in the future I assume.( If they use it once)

sandor111

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Quote from: UCHCHILD on March 16, 2017, 07:34:05 AM

Show them all the advantages that they can get om, and also try to make some studies on how they can manipulate the coin, on how the bitcoin generated to the market and so for sure if they got the bitcoin in good terms they will be into it.

Yes we need to highlight all the benefits of bitcoin to them that's the best way to encourage local business to use bitcoin and also if possible you can start your own business and start using bitcoin as a payment method so that other local business will automatically do a research about bitcoin and i am sure once someone is aware of benefits of bitcoin over the fiat currency surely they will go for bitcoin.

UCHCHILD

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Show them all the advantages that they can get om, and also try to make some studies on how they can manipulate the coin, on how the bitcoin generated to the market and so for sure if they got the bitcoin in good terms they will be into it.

pinkflower

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Quote from: Lancusters on March 08, 2017, 07:27:44 AM

In my country 10% of taxi drivers accept payment in bitcoins. To persuade anyone not necessary. Due to the fact that the crisis in the country and they have little orders they are willing to work for any money. I think we have a lot of offers payment in bitcoin, its prevalence will continue to grow.

What country are you from and what wallet solutions do they use? I also want to know how many people pay them in BTC on a daily basis because there arent that many BTC users around the world. Plus Bitcoiners do not tend to spend their BTC because its a better as an investment.

Topic: How can we encourage local businesses to accept BTC? - page 42. (Read 185011 times)