How can we encourage local businesses to accept BTC? - page 45.

d@nte

hero member

Activity: 490

Merit: 500

Quote from: OrangeSeller on February 08, 2017, 03:15:49 AM

Quote from: acekamath on February 08, 2017, 12:48:46 AM

Quote from: knightkon on November 18, 2015, 12:05:24 PM

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.

As bitcoin is a way to conduct transactions through means of the internet and not cash most of the business owners will tin twice before considering to accept payment in btc rather credit or cash.

there is no transaction fees as such
Try explaining them about the benefits of bitcoin

nowadays explaining someone about bitcoin is not a big deal. internet is full of data, contents and details about bitcoin. thousands of websites wrote about bitcoin and it's benefits. so it should be easy for any adult person to get knowledge about bitcoin.

Despite the large volume of information, there are people who take a long time to get to know the cryptocurrency. I think this is due to the fact that there are few mainstream communication channels that cover this technology, unfortunately most of these sites only transmit the information to people when Bitcoin is climbing a lot in value.

shintosai

hero member

Activity: 756

Merit: 500

Quote from: shield132 on February 09, 2017, 07:41:02 AM

For this, at first you need to have active bitcoin users in real life because if people don't know it, you can't encourage local business to accept btc. At first here is a need of bitcoin's popularity, well it's not easy job but internet makes great actions for that, many people gets information from blogs, news websites and etc. At last, I want to say, if they won't accept bitcoin, they smally affect their business. <-- that's main reason why they have to accept.

its really hard convincing local businesses to use this system because most of them is not familiar with this type of currency convincing them needs to be more tricky like showing them whats the benefits of fluctuations and how much earnings that they got if they start bitcoin service for sure because its new and there non competition they will be visited with bitcoin holders from that such place.

checkmatesir

full member

Activity: 584

Merit: 100

$CYBERCASH METAVERSE

Quote from: shield132 on February 09, 2017, 07:41:02 AM

For this, at first you need to have active bitcoin users in real life because if people don't know it, you can't encourage local business to accept btc. At first here is a need of bitcoin's popularity, well it's not easy job but internet makes great actions for that, many people gets information from blogs, news websites and etc. At last, I want to say, if they won't accept bitcoin, they smally affect their business. <-- that's main reason why they have to accept.

but I think if first local businesses start accepting bitcoin than the real life users will use bitcoin. because if there will not be any use of bitcoin why they get btc.. when people see a Bitcoin Accepted Tage in a door of a shop. they'll know bitcoin is accepted there and they'll come there to spend their bitcoins..

digaran

copper member

Activity: 1330

Merit: 899

🖤😏

Quote from: TheUltraElite on February 09, 2017, 04:22:16 AM

Quote from: pinkflower on February 09, 2017, 02:14:08 AM

Quote from: OrangeSeller on February 08, 2017, 03:15:49 AM

Quote from: acekamath on February 08, 2017, 12:48:46 AM

Quote from: knightkon on November 18, 2015, 12:05:24 PM

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.

As bitcoin is a way to conduct transactions through means of the internet and not cash most of the business owners will tin twice before considering to accept payment in btc rather credit or cash.

there is no transaction fees as such
Try explaining them about the benefits of bitcoin

nowadays explaining someone about bitcoin is not a big deal. internet is full of data, contents and details about bitcoin. thousands of websites wrote about bitcoin and it's benefits. so it should be easy for any adult person to get knowledge about bitcoin.

Try talking about BTC to your friends or your local shops. You will see the same eye rolling and gaping with their mouth open. Those people will think that youre crazy. We know all the information is available online theres no shortage of it. Everyday something new is available. What we do have a shortage on is a supply of smart people who will try to listen and understand.

I have had this similar experience myself and ended up making myself a laughing stock among my friends. They think that its a hoax and that bitcoin is made to steal people money when they buy bitcoins. They think its related to hackers and other creepy people who are trying to hack into their bank accounts.

Gaining trust in people is a very tough job. For them bitcoin will remain a scam type of money.

Hackers every where, they are currently hacking into thousands of bank accounts and pay them millions of dollars instead of taking their money.
There is absolutely no link whatsoever between a bitcoin transaction and bank accounts other than when you sell btc to someone they could send to your bank or pay you in cash. how is that for preventing theft? those are just lame excuses of lazy people not wanting to use their brains.

Only thing that could lead to merchants and local businesses to adopt bitcoin payment is for us to demand and demand as well providing them with detailed information on how to setup every thing perfectly to receive the coins and then either hold for profit in future or sell immediately after receiving, but the problem comes to the light when they try to use payment processors and their high fees takes away the incentive.

shield132

hero member

Activity: 2352

Merit: 905

Metawin.com - Truly the best casino ever

For this, at first you need to have active bitcoin users in real life because if people don't know it, you can't encourage local business to accept btc. At first here is a need of bitcoin's popularity, well it's not easy job but internet makes great actions for that, many people gets information from blogs, news websites and etc. At last, I want to say, if they won't accept bitcoin, they smally affect their business. <-- that's main reason why they have to accept.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: pinkflower on February 09, 2017, 02:14:08 AM

Quote from: OrangeSeller on February 08, 2017, 03:15:49 AM

Quote from: acekamath on February 08, 2017, 12:48:46 AM

Quote from: knightkon on November 18, 2015, 12:05:24 PM

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.

As bitcoin is a way to conduct transactions through means of the internet and not cash most of the business owners will tin twice before considering to accept payment in btc rather credit or cash.

there is no transaction fees as such
Try explaining them about the benefits of bitcoin

nowadays explaining someone about bitcoin is not a big deal. internet is full of data, contents and details about bitcoin. thousands of websites wrote about bitcoin and it's benefits. so it should be easy for any adult person to get knowledge about bitcoin.

Try talking about BTC to your friends or your local shops. You will see the same eye rolling and gaping with their mouth open. Those people will think that youre crazy. We know all the information is available online theres no shortage of it. Everyday something new is available. What we do have a shortage on is a supply of smart people who will try to listen and understand.

I have had this similar experience myself and ended up making myself a laughing stock among my friends. They think that its a hoax and that bitcoin is made to steal people money when they buy bitcoins. They think its related to hackers and other creepy people who are trying to hack into their bank accounts.

Gaining trust in people is a very tough job. For them bitcoin will remain a scam type of money.

pinkflower

sr. member

Activity: 868

Merit: 259

Quote from: OrangeSeller on February 08, 2017, 03:15:49 AM

Quote from: acekamath on February 08, 2017, 12:48:46 AM

Quote from: knightkon on November 18, 2015, 12:05:24 PM

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.

As bitcoin is a way to conduct transactions through means of the internet and not cash most of the business owners will tin twice before considering to accept payment in btc rather credit or cash.

there is no transaction fees as such
Try explaining them about the benefits of bitcoin

nowadays explaining someone about bitcoin is not a big deal. internet is full of data, contents and details about bitcoin. thousands of websites wrote about bitcoin and it's benefits. so it should be easy for any adult person to get knowledge about bitcoin.

Try talking about BTC to your friends or your local shops. You will see the same eye rolling and gaping with their mouth open. Those people will think that youre crazy. We know all the information is available online theres no shortage of it. Everyday something new is available. What we do have a shortage on is a supply of smart people who will try to listen and understand.

Superways

hero member

Activity: 826

Merit: 502

Quote from: OrangeSeller on February 08, 2017, 03:15:49 AM

Quote from: acekamath on February 08, 2017, 12:48:46 AM

Quote from: knightkon on November 18, 2015, 12:05:24 PM

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.

As bitcoin is a way to conduct transactions through means of the internet and not cash most of the business owners will tin twice before considering to accept payment in btc rather credit or cash.

there is no transaction fees as such
Try explaining them about the benefits of bitcoin

nowadays explaining someone about bitcoin is not a big deal. internet is full of data, contents and details about bitcoin. thousands of websites wrote about bitcoin and it's benefits. so it should be easy for any adult person to get knowledge about bitcoin.

Yes the knowledge about bitcoin is available everywhere but a person himself cannot learn about its benefits and cannot adopt it without the assistance of any other person. Because he will not know that the adoption of bitcoin will help that person in particularly his own business on which he is now and a person who is already in bitcoin know well that bitcoin is help full in almost every field and he can guide him to follow to that steps.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: OrangeSeller on February 08, 2017, 03:15:49 AM

Quote from: acekamath on February 08, 2017, 12:48:46 AM

Quote from: knightkon on November 18, 2015, 12:05:24 PM

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.

As bitcoin is a way to conduct transactions through means of the internet and not cash most of the business owners will tin twice before considering to accept payment in btc rather credit or cash.

there is no transaction fees as such
Try explaining them about the benefits of bitcoin

nowadays explaining someone about bitcoin is not a big deal. internet is full of data, contents and details about bitcoin. thousands of websites wrote about bitcoin and it's benefits. so it should be easy for any adult person to get knowledge about bitcoin.

Of course if that adult has proper access to internet and let alone electricity as well. Grin

In our country most of the people are below poverty line. They will rob kill or do anything to earn cash and pure cash. They dont trust any cyber coin that floats in midair.

Its difficult to explain to them since they dont really care about it. They are poor and if they suspect you of scamming (which they obviously will since for them everything is a scam) - then they will run at you and murder you. So good luck with that Wink

OrangeSeller

hero member

Activity: 1008

Merit: 501

Quote from: acekamath on February 08, 2017, 12:48:46 AM

Quote from: knightkon on November 18, 2015, 12:05:24 PM

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.

As bitcoin is a way to conduct transactions through means of the internet and not cash most of the business owners will tin twice before considering to accept payment in btc rather credit or cash.

there is no transaction fees as such
Try explaining them about the benefits of bitcoin

nowadays explaining someone about bitcoin is not a big deal. internet is full of data, contents and details about bitcoin. thousands of websites wrote about bitcoin and it's benefits. so it should be easy for any adult person to get knowledge about bitcoin.

pinkflower

sr. member

Activity: 868

Merit: 259

Quote from: Zadicar on February 07, 2017, 03:40:47 AM

Quote from: pinkflower on February 07, 2017, 02:37:55 AM

Quote from: passwordnow on February 02, 2017, 12:43:56 AM

Quote from: SHAWN-MIDWAYS on January 31, 2017, 04:27:29 PM

Local businesses should actually find it easy to adopt bitcoin on the security side of things as holding fiat in their safes or tills attracts robbers unlike a bitcoin wallet which would be safer for them and might encourage their customers to use btc for secure cashless transactions.

Yes the security can be a good thing to encourage those local business owners to adopt bitcoin. And it's the fact with bitcoin has a very good security and its network is going to be tight against intruders. But still it's going to be hard for them if they don't have customers who are using bitcoin, that's why we need also to empower those people who are nearby to his business.

Oh sure. Keep talking. So what if the network is being spammed just like it is now? Theres over 65000 unconfirmed transactions stuck and we have to wait for more than 8 hours to get 1 confirmation. Is your local business willing to wait that long? Are you? Wait there's a better option. Use cash for your local stores.

Well these cases of a big unconfirmed transactions do happen rarely and its not happening all the times but you are right its quiet hassle for business owners on waiting for that long before the payment would go to their wallets but still its good to consider since bitcoin transactions arent irreversible which means that money will surely be credited on their wallets.

Im sorry to tell you that you are wrong. It has been happening quite a lot than usual. It happened twice this week alone and the length of the mempool being at over 50,000 transactions will almost cover the whole week.

The hassle alone is not worth for the shop owners. It would be best for them to stick to what works best. Cash.

acekamath

newbie

Activity: 6

Merit: 0

Quote from: knightkon on November 18, 2015, 12:05:24 PM

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.

As bitcoin is a way to conduct transactions through means of the internet and not cash most of the business owners will tin twice before considering to accept payment in btc rather credit or cash.

there is no transaction fees as such
Try explaining them about the benefits of bitcoin

lionheart78

legendary

Activity: 2954

Merit: 1153

Quote from: passwordnow on February 03, 2017, 03:40:20 AM

Quote from: TheUltraElite on February 02, 2017, 05:55:11 AM

Quote from: passwordnow on February 02, 2017, 12:43:56 AM

Quote from: SHAWN-MIDWAYS on January 31, 2017, 04:27:29 PM

Local businesses should actually find it easy to adopt bitcoin on the security side of things as holding fiat in their safes or tills attracts robbers unlike a bitcoin wallet which would be safer for them and might encourage their customers to use btc for secure cashless transactions.

Yes the security can be a good thing to encourage those local business owners to adopt bitcoin. And it's the fact with bitcoin has a very good security and its network is going to be tight against intruders. But still it's going to be hard for them if they don't have customers who are using bitcoin, that's why we need also to empower those people who are nearby to his business.

Two things are important in a proper business payment system - the buyer and the seller and in this aspect it is the users of bitcoin. There must be sufficient sellers/merchants accepting bitcoin and even more buyers/customers who are using bitcoin as a currency.

This condition is far from the actual in the global economy in the current phase. It is expected that it will improve in the next few decades.

Once that happens, the store owners are bound to accept bitcoin as payments due to public demand.

And that's why it is going to be hard for us to encourage those business owners if we are not going to inform the people near his business to get into bitcoins. Because business is not going to keep on moving if there are no people that are ready to purchase his products and services with bitcoin. Your discussion to him about bitcoin will be void if his customers are not going to support it.

Aside from that am sure you will not push it since there is no incentives if you do that stuff. Remember we need to do some thorough studies, examples, and present it to the business owner. Unless we are a supplier, where we can use Bitcoin as means of payment presented with our products. This way we have profits. But if we do not have anything to profit from that deal i doubt we will push it.

Zadicar

legendary

Activity: 1386

Merit: 1020

DGbet.fun - Crypto Sportsbook

Quote from: pinkflower on February 07, 2017, 02:37:55 AM

Quote from: passwordnow on February 02, 2017, 12:43:56 AM

Quote from: SHAWN-MIDWAYS on January 31, 2017, 04:27:29 PM

Local businesses should actually find it easy to adopt bitcoin on the security side of things as holding fiat in their safes or tills attracts robbers unlike a bitcoin wallet which would be safer for them and might encourage their customers to use btc for secure cashless transactions.

Yes the security can be a good thing to encourage those local business owners to adopt bitcoin. And it's the fact with bitcoin has a very good security and its network is going to be tight against intruders. But still it's going to be hard for them if they don't have customers who are using bitcoin, that's why we need also to empower those people who are nearby to his business.

Oh sure. Keep talking. So what if the network is being spammed just like it is now? Theres over 65000 unconfirmed transactions stuck and we have to wait for more than 8 hours to get 1 confirmation. Is your local business willing to wait that long? Are you? Wait there's a better option. Use cash for your local stores.

Well these cases of a big unconfirmed transactions do happen rarely and its not happening all the times but you are right its quiet hassle for business owners on waiting for that long before the payment would go to their wallets but still its good to consider since bitcoin transactions arent irreversible which means that money will surely be credited on their wallets.

pinkflower

sr. member

Activity: 868

Merit: 259

Quote from: passwordnow on February 02, 2017, 12:43:56 AM

Quote from: SHAWN-MIDWAYS on January 31, 2017, 04:27:29 PM

Local businesses should actually find it easy to adopt bitcoin on the security side of things as holding fiat in their safes or tills attracts robbers unlike a bitcoin wallet which would be safer for them and might encourage their customers to use btc for secure cashless transactions.

Yes the security can be a good thing to encourage those local business owners to adopt bitcoin. And it's the fact with bitcoin has a very good security and its network is going to be tight against intruders. But still it's going to be hard for them if they don't have customers who are using bitcoin, that's why we need also to empower those people who are nearby to his business.

Oh sure. Keep talking. So what if the network is being spammed just like it is now? Theres over 65000 unconfirmed transactions stuck and we have to wait for more than 8 hours to get 1 confirmation. Is your local business willing to wait that long? Are you? Wait there's a better option. Use cash for your local stores.

passwordnow

hero member

Activity: 3136

Merit: 591

Leading Crypto Sports Betting & Casino Platform

Quote from: TheUltraElite on February 02, 2017, 05:55:11 AM

Quote from: passwordnow on February 02, 2017, 12:43:56 AM

Quote from: SHAWN-MIDWAYS on January 31, 2017, 04:27:29 PM

Local businesses should actually find it easy to adopt bitcoin on the security side of things as holding fiat in their safes or tills attracts robbers unlike a bitcoin wallet which would be safer for them and might encourage their customers to use btc for secure cashless transactions.

Yes the security can be a good thing to encourage those local business owners to adopt bitcoin. And it's the fact with bitcoin has a very good security and its network is going to be tight against intruders. But still it's going to be hard for them if they don't have customers who are using bitcoin, that's why we need also to empower those people who are nearby to his business.

Two things are important in a proper business payment system - the buyer and the seller and in this aspect it is the users of bitcoin. There must be sufficient sellers/merchants accepting bitcoin and even more buyers/customers who are using bitcoin as a currency.

This condition is far from the actual in the global economy in the current phase. It is expected that it will improve in the next few decades.

Once that happens, the store owners are bound to accept bitcoin as payments due to public demand.

And that's why it is going to be hard for us to encourage those business owners if we are not going to inform the people near his business to get into bitcoins. Because business is not going to keep on moving if there are no people that are ready to purchase his products and services with bitcoin. Your discussion to him about bitcoin will be void if his customers are not going to support it.

Larvas

newbie

Activity: 17

Merit: 0

Quote from: Choy13 on February 02, 2017, 09:40:26 AM

Quote from: knightkon on November 18, 2015, 12:05:24 PM

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.

Business companies should accept BTC because it has an easy transaction characteristic . It is hassle free for them

I think that's the best reason for them to accept Bitcoin . Aside for that the value of bitcoin depend to our support so we should support bitcoin to increase it's value .

Hassle free?

Proper banks, which businesses in most cases use, have several things like:

- generate automated monthly payments to your employees
- generate automated monthly payments to your bills (gas, electricity, internet etc)
- SEPA transfers
- different users under one account
- templates for your most common transfers
- last but not least - everyone supports them, every business, you don't have to even ask

etc

Choy13

member

Activity: 167

Merit: 10

Quote from: knightkon on November 18, 2015, 12:05:24 PM

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.

Business companies should accept BTC because it has an easy transaction characteristic . It is hassle free for them

I think that's the best reason for them to accept Bitcoin . Aside for that the value of bitcoin depend to our support so we should support bitcoin to increase it's value .

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: passwordnow on February 02, 2017, 12:43:56 AM

Quote from: SHAWN-MIDWAYS on January 31, 2017, 04:27:29 PM

Local businesses should actually find it easy to adopt bitcoin on the security side of things as holding fiat in their safes or tills attracts robbers unlike a bitcoin wallet which would be safer for them and might encourage their customers to use btc for secure cashless transactions.

Yes the security can be a good thing to encourage those local business owners to adopt bitcoin. And it's the fact with bitcoin has a very good security and its network is going to be tight against intruders. But still it's going to be hard for them if they don't have customers who are using bitcoin, that's why we need also to empower those people who are nearby to his business.

Two things are important in a proper business payment system - the buyer and the seller and in this aspect it is the users of bitcoin. There must be sufficient sellers/merchants accepting bitcoin and even more buyers/customers who are using bitcoin as a currency.

This condition is far from the actual in the global economy in the current phase. It is expected that it will improve in the next few decades.

Once that happens, the store owners are bound to accept bitcoin as payments due to public demand.

passwordnow

hero member

Activity: 3136

Merit: 591

Leading Crypto Sports Betting & Casino Platform

Quote from: SHAWN-MIDWAYS on January 31, 2017, 04:27:29 PM

Local businesses should actually find it easy to adopt bitcoin on the security side of things as holding fiat in their safes or tills attracts robbers unlike a bitcoin wallet which would be safer for them and might encourage their customers to use btc for secure cashless transactions.

Yes the security can be a good thing to encourage those local business owners to adopt bitcoin. And it's the fact with bitcoin has a very good security and its network is going to be tight against intruders. But still it's going to be hard for them if they don't have customers who are using bitcoin, that's why we need also to empower those people who are nearby to his business.

Topic: How can we encourage local businesses to accept BTC? - page 45. (Read 184968 times)