How can we encourage local businesses to accept BTC? - page 53.

BingoDog

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Quote from: talkinonnbtc on December 30, 2016, 11:36:35 AM

i don't think that we can help them, they have to decide on their own

Yes we can, we can encourage them. We can explain them what are the benefits, like those related to taxes or that they will maybe easier find bitcoin investors then fiat investors or that with using bitcoins they could be more competitive. There are risks too, ofw course, but it's worth trying.

talkinonnbtc

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i don't think that we can help them, they have to decide on their own

passwordnow

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Quote from: Zadicar on December 29, 2016, 06:26:32 AM

Quote from: passwordnow on December 29, 2016, 05:48:17 AM

Quote from: Crypto Girl on December 29, 2016, 03:29:13 AM

encouraging local businesses to accept not only bitcoin but some other worthy cryptocurrency seems not to be so hard nowadays, it is due to the innovations and the influence of the information technology and the help it will bring to everyday's life.
for someone who can show the advantage of the information technology, he or she can easily encourage the business owner to accept or use bitcoin into his or her business.

If you are talking about innovations and technology, I guess that is going to be an advantage and good front liner for those local business that wants to adopt modern technology. Since everything has been now improving by means of tech, its going to be an easy thing if you are going to explain how bitcoin and crypto's are working that can help their business to boost, locally, globally and online.

It would really be helpful and you are right business nowadays and their owners are already aware regarding on the tech that is being developed on this era and we could say that they could easily understand if we tend to explain to them about bitcoin but the big question is the adoption of bitcoin on the place on where those businesses located.

That's why it is not going to be hard enough especially if you have enough knowledge in bitcoin even the simplest one. And you just need to explain what is bitcoin, how to obtain and use bitcoin. That is a very easy thing, the only problem is that we know that businessmen are not interested if there is no user in his place except from you.

andrei56

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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.

Unless your area has a big amount of users of bitcoin I don't see a lot of businessmen adopting bitcoin because it is not going to make sense to accept this new currency if no one is using it.

Zadicar

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Quote from: passwordnow on December 29, 2016, 05:48:17 AM

Quote from: Crypto Girl on December 29, 2016, 03:29:13 AM

encouraging local businesses to accept not only bitcoin but some other worthy cryptocurrency seems not to be so hard nowadays, it is due to the innovations and the influence of the information technology and the help it will bring to everyday's life.
for someone who can show the advantage of the information technology, he or she can easily encourage the business owner to accept or use bitcoin into his or her business.

If you are talking about innovations and technology, I guess that is going to be an advantage and good front liner for those local business that wants to adopt modern technology. Since everything has been now improving by means of tech, its going to be an easy thing if you are going to explain how bitcoin and crypto's are working that can help their business to boost, locally, globally and online.

It would really be helpful and you are right business nowadays and their owners are already aware regarding on the tech that is being developed on this era and we could say that they could easily understand if we tend to explain to them about bitcoin but the big question is the adoption of bitcoin on the place on where those businesses located.

passwordnow

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Quote from: Crypto Girl on December 29, 2016, 03:29:13 AM

encouraging local businesses to accept not only bitcoin but some other worthy cryptocurrency seems not to be so hard nowadays, it is due to the innovations and the influence of the information technology and the help it will bring to everyday's life.
for someone who can show the advantage of the information technology, he or she can easily encourage the business owner to accept or use bitcoin into his or her business.

If you are talking about innovations and technology, I guess that is going to be an advantage and good front liner for those local business that wants to adopt modern technology. Since everything has been now improving by means of tech, its going to be an easy thing if you are going to explain how bitcoin and crypto's are working that can help their business to boost, locally, globally and online.

Crypto Girl

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encouraging local businesses to accept not only bitcoin but some other worthy cryptocurrency seems not to be so hard nowadays, it is due to the innovations and the influence of the information technology and the help it will bring to everyday's life.
for someone who can show the advantage of the information technology, he or she can easily encourage the business owner to accept or use bitcoin into his or her business.

Gotottack

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Quote from: xIIImaL on December 28, 2016, 12:52:27 PM

Quote from: Bitcoin0916 on December 28, 2016, 02:04:16 AM

Quote from: slapper on December 26, 2016, 09:52:21 AM

It depends on the government. If the government does not accept bitcoin or does not support it, it is very hard to convince local business to choose bitcoin as a currency. In my region, there is only one shop which allow user to pay by Bitcoin. It is like nightmare here. I love Bitcoin but I do not know how to use it in my country

I think this is not depends on the government, we all know there is nothing the government that approves bitcoin, if we are depends to the government of course nobody using bitcoin. We have to be creative so that local businesses can accept bitcoin, simple step is to introduce our business that accept bitcoin, and then we try to do any transaction with bitcoin (send and receive).

I hope in most of the commercial businesses could able to accept the bitcoin partially like Amazon doing with purse.io If you have trade with international businesses you could to do payment or transaction via bitcoin. For example, perfume businesses, import and export spices and etc...

The problem is Purse.io is not affliliated with amazon in anyway. They are just a service that buys whatever you want from Amazon and they pay for it, then the customer pays purse.io. That is so different from paying directly to Amazon, which would be nice if it does happen. Imagine buying things you want from amazon without even using a third party payment processor like purse.io.

xIIImaL

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Quote from: Bitcoin0916 on December 28, 2016, 02:04:16 AM

Quote from: slapper on December 26, 2016, 09:52:21 AM

It depends on the government. If the government does not accept bitcoin or does not support it, it is very hard to convince local business to choose bitcoin as a currency. In my region, there is only one shop which allow user to pay by Bitcoin. It is like nightmare here. I love Bitcoin but I do not know how to use it in my country

I think this is not depends on the government, we all know there is nothing the government that approves bitcoin, if we are depends to the government of course nobody using bitcoin. We have to be creative so that local businesses can accept bitcoin, simple step is to introduce our business that accept bitcoin, and then we try to do any transaction with bitcoin (send and receive).

I hope in most of the commercial businesses could able to accept the bitcoin partially like Amazon doing with purse.io If you have trade with international businesses you could to do payment or transaction via bitcoin. For example, perfume businesses, import and export spices and etc...

michkima

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Quote from: Zadicar on December 28, 2016, 10:47:57 AM

Quote from: Bitcoin0916 on December 28, 2016, 02:04:16 AM

Quote from: slapper on December 26, 2016, 09:52:21 AM

It depends on the government. If the government does not accept bitcoin or does not support it, it is very hard to convince local business to choose bitcoin as a currency. In my region, there is only one shop which allow user to pay by Bitcoin. It is like nightmare here. I love Bitcoin but I do not know how to use it in my country

I think this is not depends on the government, we all know there is nothing the government that approves bitcoin, if we are depends to the government of course nobody using bitcoin. We have to be creative so that local businesses can accept bitcoin, simple step is to introduce our business that accept bitcoin, and then we try to do any transaction with bitcoin (send and receive).

It would really hard to impose bitcoin payments on local merchants specially when government is strict when it comes to taxation and if they knew that you are accepting bitcoin in your business then they might be alarmed that you are evading to pay tax and might not pay the exact amount since they can't know how much did you profits or income.

Accepting bitcoins or real money, tax is no different. The government taxes income the same way. It will just depend if the government will impose a tax on every bitcoin transaction for purchases. But regardless if you use bitcoin or real money, what matter is that someone profited. That profited is taxable. What is hard is convincing people to use bitcoin.

Zadicar

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Quote from: Bitcoin0916 on December 28, 2016, 02:04:16 AM

Quote from: slapper on December 26, 2016, 09:52:21 AM

It depends on the government. If the government does not accept bitcoin or does not support it, it is very hard to convince local business to choose bitcoin as a currency. In my region, there is only one shop which allow user to pay by Bitcoin. It is like nightmare here. I love Bitcoin but I do not know how to use it in my country

I think this is not depends on the government, we all know there is nothing the government that approves bitcoin, if we are depends to the government of course nobody using bitcoin. We have to be creative so that local businesses can accept bitcoin, simple step is to introduce our business that accept bitcoin, and then we try to do any transaction with bitcoin (send and receive).

It would really hard to impose bitcoin payments on local merchants specially when government is strict when it comes to taxation and if they knew that you are accepting bitcoin in your business then they might be alarmed that you are evading to pay tax and might not pay the exact amount since they can't know how much did you profits or income.

Bitcoin0916

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Quote from: slapper on December 26, 2016, 09:52:21 AM

It depends on the government. If the government does not accept bitcoin or does not support it, it is very hard to convince local business to choose bitcoin as a currency. In my region, there is only one shop which allow user to pay by Bitcoin. It is like nightmare here. I love Bitcoin but I do not know how to use it in my country

I think this is not depends on the government, we all know there is nothing the government that approves bitcoin, if we are depends to the government of course nobody using bitcoin. We have to be creative so that local businesses can accept bitcoin, simple step is to introduce our business that accept bitcoin, and then we try to do any transaction with bitcoin (send and receive).

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Quote from: legendbtc on December 28, 2016, 01:25:51 AM

There are many reason to encourage local business to accept btc because till now government are not completely involved in bitcoin, if the shopkeeper is ready to pay taxes means than he is ready to pay tax. So daily bitcoin is emerging to every parts of the country so it will be good to accepts bitcoins at the beginning. Even though bitcoin price is not stag net better if will good for him also because once the price of the bitcoin is increasing definitely he will make more money on it.

There is big difference between bitcoin and fiat is fiat will remain the same rate until the governments changes it, where as bitcoin will change it's price without any governments involvement. The value of bitcoin is more compared to fiat currency so in this we have to convince the local business people to accept bitcoin.

Yes you are right but many people are not believing the bitcoin because of the price variation, only few people are ready to accept bitcoin for thei local business, even we have explained to them lot more about bitcoin. But local business people are afraid because of the government, why means according the user base of the country and their transaction government are charging more on taxes. Once they identify means definitely it will leads to different task so many people are not showing any interest towards it.

legendbtc

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There are many reason to encourage local business to accept btc because till now government are not completely involved in bitcoin, if the shopkeeper is ready to pay taxes means than he is ready to pay tax. So daily bitcoin is emerging to every parts of the country so it will be good to accepts bitcoins at the beginning. Even though bitcoin price is not stag net better if will good for him also because once the price of the bitcoin is increasing definitely he will make more money on it.

There is big difference between bitcoin and fiat is fiat will remain the same rate until the governments changes it, where as bitcoin will change it's price without any governments involvement. The value of bitcoin is more compared to fiat currency so in this we have to convince the local business people to accept bitcoin.

virtualkeybuyer

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Quote from: slapper on December 26, 2016, 09:52:21 AM

It depends on the government. If the government does not accept bitcoin or does not support it, it is very hard to convince local business to choose bitcoin as a currency. In my region, there is only one shop which allow user to pay by Bitcoin. It is like nightmare here. I love Bitcoin but I do not know how to use it in my country

No it do not depend on the governments but it depends on the people of that country. If people will like to adopt bitcoin and they will like to use bitcoin for their country then they have to promote it to every part of the country and they have to start some services like offline shops in their areas to accept only bitcoin as the payment then everyone will go that way.

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Quote from: novemberwoah on December 25, 2016, 03:04:44 AM

Quote from: Harlot on December 24, 2016, 06:22:35 AM

Quote from: BitcoinPC on December 24, 2016, 04:09:24 AM

Quote from: novemberwoah on December 22, 2016, 09:46:56 AM

I think to push local businesses to accept bitcoin on the area the government should legalize bitcoin.
Because if bitcoin became legal there certainly local businesses feel safe to accept bitcoin. In addition bitcoin should have a lot to ease adoption.
You also have to convince if accept bitcoin will have benefits for the local business.

Exactly, the first one that must accept bitcoin is the government because it is the one who will legalize to ones country before the local businesses accept the bitcoin as their way of payment. Once the Govt. Make it legalized then it is will easy for the local Business to follow and accept bitcoin without any fear.

Yeah that is one of the dilemmas a business owner will need to handle. The government can charge than anytime with tax evasion cases just by having Bitcoin with them. But we also have this local Bitcoin Wallet provider in which we have the option to pay our bills online, I don't now their process but it is legal that even electric, internet companies accept the payment. I think it is better that way than the government handling to pass another law for legalizing Bitcoin in their country.

I think to encourage local businesses accept bitcoin still requires the legality from government. Because it will help local businesses accept bitcoin widely. In my country bitcoin is not illegal and not legal, there is no certainty about the law use of bitcoin but they impose a tax on transactions in the local wallet. It's not fair in my opinion because if the government imposes a tax on local wallet they should also legalize bitcoin. Because if the government legalizes bitcoin bitcoin I believe adoption will increase.

It depends from country to country and the interpretation of the law but in my country what it is not forbidden then it’s allowed, since there is not a ban on bitcoin then you can use it freely but you must report your earnings if you sell it but there is no problem to just hold it.

slapper

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It depends on the government. If the government does not accept bitcoin or does not support it, it is very hard to convince local business to choose bitcoin as a currency. In my region, there is only one shop which allow user to pay by Bitcoin. It is like nightmare here. I love Bitcoin but I do not know how to use it in my country

noictib

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Earlier I was thinking that it is easy to encourage the people to accept online money directly in bank . But at the current time problem of change of currency in my country ( India) is going on .
To complete my daily need I don't have cash than I asked many shopkeeper to accept online bank money but no one was satisfied with me .
Now , So how can we encourage to accept Bitcoin , while they are not accepting own local fiat online .
I think should not be forced by us . We need to show only our success life to them , So they will attract toward Bitcoin .

altcoinnxt

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Right now only way of encouraging bitcoin in business is in the hands of big offline shops. Let that be a grocery, stationary, food court or anything. Always small shops follow business methods of big shops. So this will encourage the small scale business to use bitcoin in their services as an additional option.

crairezx20

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Quote from: novemberwoah on December 25, 2016, 03:04:44 AM

Quote from: Harlot on December 24, 2016, 06:22:35 AM

Quote from: BitcoinPC on December 24, 2016, 04:09:24 AM

Quote from: novemberwoah on December 22, 2016, 09:46:56 AM

I think to push local businesses to accept bitcoin on the area the government should legalize bitcoin.
Because if bitcoin became legal there certainly local businesses feel safe to accept bitcoin. In addition bitcoin should have a lot to ease adoption.
You also have to convince if accept bitcoin will have benefits for the local business.

Exactly, the first one that must accept bitcoin is the government because it is the one who will legalize to ones country before the local businesses accept the bitcoin as their way of payment. Once the Govt. Make it legalized then it is will easy for the local Business to follow and accept bitcoin without any fear.

Yeah that is one of the dilemmas a business owner will need to handle. The government can charge than anytime with tax evasion cases just by having Bitcoin with them. But we also have this local Bitcoin Wallet provider in which we have the option to pay our bills online, I don't now their process but it is legal that even electric, internet companies accept the payment. I think it is better that way than the government handling to pass another law for legalizing Bitcoin in their country.

I think to encourage local businesses accept bitcoin still requires the legality from government. Because it will help local businesses accept bitcoin widely. In my country bitcoin is not illegal and not legal, there is no certainty about the law use of bitcoin but they impose a tax on transactions in the local wallet. It's not fair in my opinion because if the government imposes a tax on local wallet they should also legalize bitcoin. Because if the government legalizes bitcoin bitcoin I believe adoption will increase.

Well if that local wallet are asking for a tax maybe they are just legal business that they need to pay for a tax.. also for their maintenance of the site.. this is the same as in my country since bitcoin legal but the company which is business is bitcoin service and bitcoin localwallet for it is just a small amount than using other service to other that it needs to pay more fee to be ship your money..

Topic: How can we encourage local businesses to accept BTC? - page 53. (Read 185011 times)