Topic: How can we encourage local businesses to accept BTC? - page 5. (Read 184968 times)
Nowadays, the bitcoin became more popular and even some other businesses adopted bitcoin and accept this as one of the mode of payment and it is making us to easy encourage the local businesses to accept BTC, just like my neighbor who had a small store in our village, she is now accepting BTC due to it's popularity and the fast rising of it's price.
Explaining them the benefits of bitcoin that can help in their businesses for example as a payment method that can increase because of the price value.We all know its a long due process but somehow somewhere in the near future everbody would appreciate the importance of bitcoin.
We need to teach them about bitcoin and it's uses , it is one of the great way to encourage the local shops and also we need to tell about how to exchange ,sell, buy, and trade online currencies it give them a good hope about online currencies .
I think it's simple to encourage local businesses to accept Bitcoin now a days. Because crypto world use different strategy like social internet and media too. If you are a local business you need to evolve too like Bitcoin and other alternative coins as well. It's a demand to upgrade technology to sustain your online business for a future references. Simple, you need to evolve to survive.
It's not simple to encourage local businesses to accept bitcoin even for today. Not all of them are educated about modern technology and some are still skeptic about bitcoin. Although if the country or government your living in has approved the usage of bitcoin then that's a good initiative for anyone to start a conversation on a businessman about bitcoin and he'll take it lightly but seriously since it was advised.For me, if you encourage a local business that is not educated like you've said in previous comment. It's totally problematic in the first place. Why you create or build local business if you are not educated in that particular business. Now a days, it almost 80 percent of local business use technology like computer and many more. So don't target those not educated because they will not understand it. I said it's simple cause if they are connected in internet they will easily understand it because of many facts about bitcoin.
Till the time, they will not be knowing about bitcoin, they will never ever go for acceptance of bitcoin. After that you can motivate them to start accepting bitcoins.
Explaining them the benefits of bitcoin that can help in their businesses for example as a payment method that can increase because of the price value.We all know its a long due process but somehow somewhere in the near future everbody would appreciate the importance of bitcoin.
The first thing you need to do is introduce bitcoin to the local because there are still many people that know how and what is bitcoin is. How to encourage people if they don't even know how to use bitcoin ? After they know bitcoin, you can tell them the benefits of using bitcoin
I think it is more up to the government to specify bitcoin as an official mean of payment. Governments can e.g. lower taxes for businesses using bitcoin for their transactions to stimulate the use of bitcoin. In reality, more and more governments are taking measurements against bitcoins and other cryptocurrencies because they are losing control of al the transaction details etc, and that needs to be prevented by pointing out the significant advantages of paying with cryptocoins.
The basic thing to do is explaining to them the benefits of bitcoins. But it is a long process to them in order to understand the bitcoin. They maybe invest some of it in order them to allow or accepting bitcoin as a payment. The best way to do is part by part saying that bitcoin can help them in their local business.
I would approach small businesses and explain to them the benefits of the blockchain and use Bitcoin as an example. Maybe create a PowerPoint slide to show them.
This is heavily influenced by the policies of the country you are living in. If the government accepts bitcoin in the deal, convincing local businesses is not too difficult if you let them understand the blockchain application for payment. But if your government does not accept bitcoin in the deal then this is really a big problem for your team.
One way to help convince retailers would be to say that bitcoin is safe and secure. It is also a fast way to pay for goods and services.
safe and secure isnot real encourage for people to accept using bitcoin.i found it is better to explain them about bitcoin and they take apply or not.
One way to help convince retailers would be to say that bitcoin is safe and secure. It is also a fast way to pay for goods and services.
The only way we can encourage the local businesses to accept bitcoin is to tell them the advantages that's there
The thing is how you will encourage them and tell them the advantages of bitcoin. If you are really want to uplift the cryptobusiness near you then you have to do something like to sacrifice few of your mBTC and show them on how bitcoin transactions are working for those who wants to get in. Also tell them the pros and cons of having it, focus mainly with the volatility of it as if they are enthusiasts and economists they will understand the positivity and advantage of it.
The only way we can encourage the local businesses to accept bitcoin is to tell them the advantages that's there
It's not as easy as you think, they're not going to start accepting because one person wants to pay with it, with time more people will start to use BTC and then it will happen automatically but still you can plant the idea in their head and explain to them what it is but only if they seem interested.
Better idea is if you use some online stores/services tell them how you would have loved to pay with bitcoin.
We all know that the support of people serve as one of the vital factor for bitcoin to experience development and growth when it comes to its price and value. So we don't really need to encourage people n a manner that we need to put much effort because our support is enough for business and institutions to see the range of bitcoin when it comes to transactions and businesses. Better idea is if you use some online stores/services tell them how you would have loved to pay with bitcoin.
All sorts of payment in a business is acceptable, it's rational and it's
practical. How on earth will your trade and venture survive if one
fails or refuses to adapt an emerging solution and option in finance.
Bitcoin is no exception, if businesses big or small would integrate
and implement the usage of bitcoins it will bring more profits and
attract customers. It's the next thing to speed up transactions and
offer more alternative means of payment and investment.
You could show them websites that have btc payments to encourage
them the new trend and explain how such an innovation could aid
businesses to the next level. Let them try and experience bitcoins.
practical. How on earth will your trade and venture survive if one
fails or refuses to adapt an emerging solution and option in finance.
Bitcoin is no exception, if businesses big or small would integrate
and implement the usage of bitcoins it will bring more profits and
attract customers. It's the next thing to speed up transactions and
offer more alternative means of payment and investment.
You could show them websites that have btc payments to encourage
them the new trend and explain how such an innovation could aid
businesses to the next level. Let them try and experience bitcoins.
The purpose of a business is profit. If you don't explain what the BTC is, what benefits will it bring to the enterprise, and the company will not venture to invest.
Just tell them that bitcoin price is amazingly crazy that is very volatile and ideal for their business. And show them the graph of bitcoin for them to be impressed.
Let them personally experience bitcoin. It really is hard for them to accept something they do not know. Social media also helps a lot. Spread the news on the popular social media sites, groups and pages. Highlight on the advantages. Make comparisons so that they may realize how easy and safe it is to use bitcoin.
You can also give them those websites that are related to bitcoin and that's going to give them an idea about bitcoin. Lack of knowledge is the first problem that we will face when it comes to encouraging these local businesses but once they already know what they are taking that will give them some idea on what bitcoin really is and in the end they might be encouraged alone.
Let them personally experience bitcoin. It really is hard for them to accept something they do not know. Social media also helps a lot. Spread the news on the popular social media sites, groups and pages. Highlight on the advantages. Make comparisons so that they may realize how easy and safe it is to use bitcoin.
As per my opinion, Social media marketing takes a big role if you want to promote or sell something on local or globally.
Start to convince all local retailers through SMM to accept Bitcoins.
Yes the fact is if you will brief the things related to bitcoin and crypto currency to anyone in your social circle in the best possible way and in a way which can help them in learning the things more efficiently, then they will listen to you as this is thing which will help them at the end in making more money. Same is the case for the ones who are sitting there in local market, you do need to convince them in a way they find it beneficial for them. Start to convince all local retailers through SMM to accept Bitcoins.
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