Showing results of the growth of bitcoin and how many people us it.
WOW, what do You call as "growth of bitcoin"?
In no one of clients is there with Bitcoin, for what reason "local business" will start to use it?
Topic: How can we encourage local businesses to accept BTC? - page 57. (Read 185011 times)
WOW, what do You call as "growth of bitcoin"?
In no one of clients is there with Bitcoin, for what reason "local business" will start to use it?
There are lots of approach on how to encourage local businesses to accept bitcoin ,We can encourage local businesses by putting less pressure and showing more results. Showing results of the growth of bitcoin and how many people us it.
Once they see that they will decide by themselves that's it's a good move to implement bitcoin into their business as payment method.
Once they see that they will decide by themselves that's it's a good move to implement bitcoin into their business as payment method.
I think its pretty difficult to do that, because it has a bad name.The most stores are not convinced by the bitcoin.
The first you need to explain and introduce to them what is bitcoin, after that you need to convert bitcoin to fiat every day to state the selling bitcoin price and then does infrastructure for bitcoin payment already available for the store
I think to encourage still need a lot of things to cover and to improve
The first you need to explain and introduce to them what is bitcoin, after that you need to convert bitcoin to fiat every day to state the selling bitcoin price and then does infrastructure for bitcoin payment already available for the store
I think to encourage still need a lot of things to cover and to improve
It is true that bitcoin still need a lot of acknowledgement, but the real problem is how to convince them that bitcoin is a good payment system, most of the time, the news only talk about how a criminal ask for ransom in bitcoin, how people's wallet got hacked, i think we need to convince the local owner that bitcoin is reliable and they can get profit from bitcoin transaction, this need a lot of time, because when we talk about business most of them prefer stability and predictable profit and fiat is more stable than bitcoin and fiat easier to spend
indeed, bitcoin's volatility is one of the problems, because when you look at it from a local business point-of-view, bitcoin transactions do have lower fees than credit/debit cards fees (they usually have a contract for POS terminals with flat rate/transaction + monthly cost). Even with the slow confirmations bitcoin is faster because they're only credited once a day/week normally.
It is true that bitcoin still need a lot of acknowledgement, but the real problem is how to convince them that bitcoin is a good payment system, most of the time, the news only talk about how a criminal ask for ransom in bitcoin, how people's wallet got hacked, i think we need to convince the local owner that bitcoin is reliable and they can get profit from bitcoin transaction, this need a lot of time, because when we talk about business most of them prefer stability and predictable profit and fiat is more stable than bitcoin and fiat easier to spend
indeed, bitcoin's volatility is one of the problems, because when you look at it from a local business point-of-view, bitcoin transactions do have lower fees than credit/debit cards fees (they usually have a contract for POS terminals with flat rate/transaction + monthly cost). Even with the slow confirmations bitcoin is faster because they're only credited once a day/week normally.
What missing in the scene is the number of people willing to do a bitcoin transaction with them.
I have never seen someone, who have asked to pay with bitcoin at the shop.
In many countries people have never even heard of bitcoins yet. How do you expect them to accept it when they dont even trust it?
Not everyone in the world is having same acumen and they fail to understand the mechanism how the coin works and how it can change the economy. However local businesses prefer local currencies and not bitcoin.
It is true that bitcoin still need a lot of acknowledgement, but the real problem is how to convince them that bitcoin is a good payment system, most of the time, the news only talk about how a criminal ask for ransom in bitcoin, how people's wallet got hacked, i think we need to convince the local owner that bitcoin is reliable and they can get profit from bitcoin transaction, this need a lot of time, because when we talk about business most of them prefer stability and predictable profit and fiat is more stable than bitcoin and fiat easier to spend
What missing in the scene is the number of people willing to do a bitcoin transaction with them.
I have never seen someone, who have asked to pay with bitcoin at the shop.
In many countries people have never even heard of bitcoins yet. How do you expect them to accept it when they dont even trust it?
Not everyone in the world is having same acumen and they fail to understand the mechanism how the coin works and how it can change the economy. However local businesses prefer local currencies and not bitcoin.
well has any Point-of-sale system been proposed for bitcoin so far? pretty sure it'll facilitate bitcoin adoption by local shops, at least if it's cheap
I don't even know if there are some but if this is going to be proposed to a local stores for sure they will deny it and won't accept this offer. This requires big capital with it and there are some alternative that small stores upon using POS for bitcoin, by accepting directly payment from their bitcoin wallet address. Because not all local stores are that wealthy enough to purchase this kind of software for adoption.
well has any Point-of-sale system been proposed for bitcoin so far? pretty sure it'll facilitate bitcoin adoption by local shops, at least if it's cheap
I don't even know if there are some but if this is going to be proposed to a local stores for sure they will deny it and won't accept this offer. This requires big capital with it and there are some alternative that small stores upon using POS for bitcoin, by accepting directly payment from their bitcoin wallet address. Because not all local stores are that wealthy enough to purchase this kind of software for adoption.
well has any Point-of-sale system been proposed for bitcoin so far? pretty sure it'll facilitate bitcoin adoption by local shops, at least if it's cheap
What missing in the scene is the number of people willing to do a bitcoin transaction with them.
I have never seen someone, who have asked to pay with bitcoin at the shop.
That is because bitcoin is not yet being recognized in our local places because most of us who are using are from different parts of the world and we are not close to each other.
But if you will be the one to ask the shop to be paid with bitcoins and explain the owners on what are benefits they can get with it.
For sure they will be enlightened and will be able to have the encouragement to accept bitcoin.
In my experience, if your going to go one by one and try to introduce them to BTCitcoin and explain how it works in order for them to accept payments of BTC , it would be really a lengthy process and you'll stop doing it before you start so the best suggestion I could make is either by making a mini seminar wherein you invite them altogether and talk about it and even show some of the YouTube videos that well known speakers of community are in and they cover almost everything... And in cases of online local businesses, you could try to send them a support ticket regarding the matter and I've had luck that they answered, "were already reviewing BTCitcoin payments and will consider it for the future" .
Yeah. Pretty sure they would used it as they see bitcoin's platform.Also the advantages that may lead them to build more for their business.
Hence, the business economy would be become better and easy as they do a deal to their clients.
What missing in the scene is the number of people willing to do a bitcoin transaction with them.
I have never seen someone, who have asked to pay with bitcoin at the shop.
Go to Your local shop and explain, that You will pay in Bitcoin.
Explain too, how time they need waiting for confermations. LOL
LOL, anyway I think if the support is big enough to make him profit 5x or more if he accept bitcoin then he won't mind the confirmation. What missing in the scene is the number of people willing to do a bitcoin transaction with them. It is obvious that merchants want client, and they are comfortable with the client they have that is using money as mode of payment. If the bitcoin community who introduce the usage of bitcoin will secure that there will be xtimes of client that will use the service. I'm sure merchant will not hesitate to adopt bitcoin a mode of payment. Explain too, how time they need waiting for confermations. LOL
Go to Your local shop and explain, that You will pay in Bitcoin.
Explain too, how time they need waiting for confermations. LOL
Explain too, how time they need waiting for confermations. LOL
Because lots of people except you is working hard to promote bitcoin. People will never know something unless it is introduced to them. The reason why you know bitcoin because someone introduced it to you, or someone had put an effort to advertise in the web. That's it.
It's not like they're doing it altruistically and don't have a direct interest in bitcoin. Probably everyone here has a stake in bitcoin and would want the price to increase or at least the daily exchanged volume.Bitcoin is not hard to learn unless they are not really interested but if they are interested they can just easily help themselves to understand what bitcoin really is. And I don't think you need some advertisement through television just to convince them but that will be a great help. It is only applicable if you are willing to spend bucks for advertisement through tv networks.
Sure but most people only see it as another payment method, so it has to be simple and practical for them otherwise there's no point is "wasting" time to set up the essentials
Someone has to show them how bitcoin is going to be use and how easy it is to cash it out before we can begin to encourage. That's not even enough. Bitcoin is hard to learn for its something new and regular people afraid of something new especially if they know nothing about it.
it has to be on TV before it can spark interset, problem however is that the only way bitcoin can be on TV is that its involvement to illegal stuff.
I don't think I need to do anything.Bit coins will be accepted by people, this is the trend of development of the times.
Because lots of people except you is working hard to promote bitcoin. People will never know something unless it is introduced to them. The reason why you know bitcoin because someone introduced it to you, or someone had put an effort to advertise in the web. That's it.
I think that nowdays we don't have to be more active to encourage local businesses to accept bitcoin because now this payment is worldwidely popular and I think good businessman and economist must realize it, more customers = more money. In my country people didn't know much about bitcoin, but local banks made great tread and they made it known for people. Now their action made good things for both, themselves and ourselves.
actually we can't encourage the local businesses to accept bitcoin if we're just actuall small part of the local or such a specific region. we're not really worth it to be accepted the opinion in the eyes of those business owner. doesn't guarantee it will add up their daily earning though. we need many people or just waiting for bitcoin to be popular by itself and we'll just get the good resultthings starts in a small group, if it is too tough for you to encourage business owners, then all we can try is to create meet ups with fellow bitcoiner near our neighborhood. Just meet in the same place, until your group is big enough to create an impact or noticeable. As the group grow, the influence will certainly grow. With enough influence, you can then talk to merchant or some business establishment and give your proposal with complete feasibility study and of course with your huge group as support for that new venture of that merchant, there is a big possibility that it will consider the proposal.
I think that nowdays we don't have to be more active to encourage local businesses to accept bitcoin because now this payment is worldwidely popular and I think good businessman and economist must realize it, more customers = more money. In my country people didn't know much about bitcoin, but local banks made great tread and they made it known for people. Now their action made good things for both, themselves and ourselves.
actually we can't encourage the local businesses to accept bitcoin if we're just actuall small part of the local or such a specific region. we're not really worth it to be accepted the opinion in the eyes of those business owner. doesn't guarantee it will add up their daily earning though. we need many people or just waiting for bitcoin to be popular by itself and we'll just get the good result 
I think that nowdays we don't have to be more active to encourage local businesses to accept bitcoin because now this payment is worldwidely popular and I think good businessman and economist must realize it, more customers = more money. In my country people didn't know much about bitcoin, but local banks made great tread and they made it known for people. Now their action made good things for both, themselves and ourselves.
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