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Topic: How can we encourage local businesses to accept BTC? - page 62. (Read 185054 times)

newbie
Activity: 14
Merit: 0
If bitcoin were not so volatile when it comes to price, I truly believe that many small business would use the currency. With the price varying so much more than the price of a dollar, it's hard to say whether the consumer or the business would get an advantage.
hero member
Activity: 644
Merit: 500
I don't think that we can help them, as there are not enough people that wants to pay in bitcoins yet so there is no point for them to let us pay in bitcoins yet

No local business would or should announce bitcoin payments without any survey for checking if there are enough bitcoin users around so that they can get some customers who are willing to pay in bitcoins, otherwise their adoption would be purposeless if there is no one willing to pay with bitcoins around there.
Well thats right but considering to have lesser value if someone will use btc as a payment make them to look for it to consider as we all knew that businessman always looking for some edge having some extra earnings will move them to accept btc for sure.

Yeah that's right bitcoin still need to be introduced to business owners they must know how it works and also the estimated number of people who uses it otherwise it will be nonsense for them to accept bitcoins without proper knowledge.
hero member
Activity: 2128
Merit: 520
I don't think that we can help them, as there are not enough people that wants to pay in bitcoins yet so there is no point for them to let us pay in bitcoins yet

No local business would or should announce bitcoin payments without any survey for checking if there are enough bitcoin users around so that they can get some customers who are willing to pay in bitcoins, otherwise their adoption would be purposeless if there is no one willing to pay with bitcoins around there.
Well thats right but considering to have lesser value if someone will use btc as a payment make them to look for it to consider as we all knew that businessman always looking for some edge having some extra earnings will move them to accept btc for sure.
hero member
Activity: 756
Merit: 500
I don't think that we can help them, as there are not enough people that wants to pay in bitcoins yet so there is no point for them to let us pay in bitcoins yet

No local business would or should announce bitcoin payments without any survey for checking if there are enough bitcoin users around so that they can get some customers who are willing to pay in bitcoins, otherwise their adoption would be purposeless if there is no one willing to pay with bitcoins around there.
hero member
Activity: 840
Merit: 501
Strength in Numbers
I don't think that we can help them, as there are not enough people that wants to pay in bitcoins yet so there is no point for them to let us pay in bitcoins yet


Why not buddy If you are running any business like shops, trade business, hotel and etc.. you can able to initiate the bitcoin as the payment in buying or selling things in your business. This thing can help the people with the local business.


It might be low for today, but if we are just going to explain to them clearly if they are going to use and start accepting bitcoins then for sure it might encourage them.

Just tell him some success stories on how did bitcoin changed their lives but also tell them some bad incidents about it.

So that they will be cautious about it.
hero member
Activity: 1806
Merit: 672
In my opinion as long we accept scam like ponzi, hyip and all the other shit which destroy the image of this wonderfull invetion there will be no good future for bitcoin. It still will be a currency of the criminals. There have to be a rethinking.
Holy cow but I not have seen the relationship of the ponzi and hyip, it's bad for the investing person and the image of bitcoin but for to encourage local store for accepting bitcoin and i not seem any trouble with it, and are you refer the image will affecting the potentially of local store accepting bitcoin? I can say no this is just the relationship about the profitable.
I don't think that is related bro, because even fiat money is being used by criminals not only Bitcoins. The progress of bitcoin is slow in terms of how businesses accept it is because they still don't know it yet, even if they accept bitcoin will their ever be a customer who will pay bitcoin also their is a problem with their government's taxes on how will they tax something that only virtually exist.
hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
In my opinion as long we accept scam like ponzi, hyip and all the other shit which destroy the image of this wonderfull invetion there will be no good future for bitcoin. It still will be a currency of the criminals. There have to be a rethinking.
Holy cow but I not have seen the relationship of the ponzi and hyip, it's bad for the investing person and the image of bitcoin but for to encourage local store for accepting bitcoin and i not seem any trouble with it, and are you refer the image will affecting the potentially of local store accepting bitcoin? I can say no this is just the relationship about the profitable.
hero member
Activity: 840
Merit: 502
In my opinion as long we accept scam like ponzi, hyip and all the other shit which destroy the image of this wonderfull invetion there will be no good future for bitcoin. It still will be a currency of the criminals. There have to be a rethinking.

And yeah that is going to make the businessman who have good business in local places doubtful if they are going to know that there are some investment scams like hyip and ponzi scams but I think if you are going to explain them that you are not going to make business agreement with those sites or you are not being like that, then that would be fine.

All these things have given a bad name to bitcoin and this cannot be undone. What needs to be done is an aggressive advertising/crowdsale in countries where bitcoin is not accepted yet.

Most business are not ready to accept it because of flux in price and the bad name that has been brought, for them bitcoin=scam
It can be undone; if it was not then there will not be any new users, personally I disagree with spending money in advertising since adoption must be organic so we can avoid bubbles and stuff like that.
sr. member
Activity: 462
Merit: 250
I don't think that we can help them, as there are not enough people that wants to pay in bitcoins yet so there is no point for them to let us pay in bitcoins yet


Why not buddy If you are running any business like shops, trade business, hotel and etc.. you can able to initiate the bitcoin as the payment in buying or selling things in your business. This thing can help the people with the local business.
hero member
Activity: 1246
Merit: 588
It is all about proper impartation of or knowledge about bitcoin and we have to educate them very precisely on what are the benefits that they can get if theycarw going to use bitcoin as a payment

Indeed but as a business aren't you looking for a stable currency instead of a volatile one where anything could happen?
What if you make a big sale like 2k at once in a mediocre shop and then bitcoin drops by 50% and you lose half that would kill you.
That is only a problem if they keep their bitcoin, with third party services it may be possible to accept bitcoin in the store but to receive fiat directly instead of bitcoin.


If you wanted to have a business that is no volatile  , then i think you should not enter into a trading business we all know that even fiat's price is also volatile it keeps on fluctuating, only those who do not do trading can't feel the effects but this is the reality of currency world
Any businesses is risky and volatile, there is no business that can guarantee success; you admitted that even fiat is volatile which means that the rest of the economy is volatile as well.

yes course FIAT is also volatile. In the first place i've only said that you should never be on the trading business, of course most the business are risky but the % of that risk is not the same as trading you still go to a much lower % of risk type of business.
hero member
Activity: 658
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
I don't think that we can help them, as there are not enough people that wants to pay in bitcoins yet so there is no point for them to let us pay in bitcoins yet
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
In my opinion as long we accept scam like ponzi, hyip and all the other shit which destroy the image of this wonderfull invetion there will be no good future for bitcoin. It still will be a currency of the criminals. There have to be a rethinking.

And yeah that is going to make the businessman who have good business in local places doubtful if they are going to know that there are some investment scams like hyip and ponzi scams but I think if you are going to explain them that you are not going to make business agreement with those sites or you are not being like that, then that would be fine.

All these things have given a bad name to bitcoin and this cannot be undone. What needs to be done is an aggressive advertising/crowdsale in countries where bitcoin is not accepted yet.

Most business are not ready to accept it because of flux in price and the bad name that has been brought, for them bitcoin=scam
hero member
Activity: 840
Merit: 502
Small local businesses are always interested to accept something that will make their business cheaper, simpler and more afortable and atractive to people. So a good will and patience is needed to explain them how can they improve their business by accepting Bitcoin.
While businesses are always looking for ways to optimize themselves they will do so only if it brings profits, so a wide user base must be in place in order to allow this to happen, in my opinion this could only be possible in some modern cities.

Yes more users in a certain area, more chances of that specific stores to accept and hug bitcoin as mode of payment since the services will be now regularly used.

But like what I said above, if the owner somehow knows bitcoin and in any cases they are also a bitcoin enthusiast, they can start accepting bitcoin in their store even there is no much people using it in their place.
I have not think of that, but you are correct if a business owner is a bitcoiners then he can accept bitcoin even if there is not a large user base since accepting bitcoin does not require any kind of special technology and it’s free for anyone.
member
Activity: 70
Merit: 10
In my opinion as long we accept scam like ponzi, hyip and all the other shit which destroy the image of this wonderfull invetion there will be no good future for bitcoin. It still will be a currency of the criminals. There have to be a rethinking.
legendary
Activity: 1554
Merit: 1054
All company's are interested in making profit and with the bitcoin this possible, you can let anyone pay with the bitcoin that are coming from all over the world and you can control it yourself too.

I agree that all company are interested in profit.  May it be bitcoin or fiat, there is nothing else in their mind but profit.  And these businessmen are smart too; others are clever enough to make a profit even if everyone else thinks that it is a loss.  But you need more than a concept to persuade this kind of people.  You need to show all the technicalities and proof, the pros and cons.  The add-on financial investment and the impact on their business if they adopt bitcoin.
But comparatively, a shop owner will be gaining more profit by accepting bitcoin payments and more business too. With the adoption of bitcoin payment, a business may attract more number of people than without having bitcoin payment options.

But obviously, the business owners must promote their bitcoin acceptances so that they will get more businesses and comparatively more profits by saving in transaction fees.
legendary
Activity: 2982
Merit: 1153
All company's are interested in making profit and with the bitcoin this possible, you can let anyone pay with the bitcoin that are coming from all over the world and you can control it yourself too.

I agree that all company are interested in profit.  May it be bitcoin or fiat, there is nothing else in their mind but profit.  And these businessmen are smart too; others are clever enough to make a profit even if everyone else thinks that it is a loss.  But you need more than a concept to persuade this kind of people.  You need to show all the technicalities and proof, the pros and cons.  The add-on financial investment and the impact on their business if they adopt bitcoin.
sr. member
Activity: 406
Merit: 250
All company's are interested in making profit and with the bitcoin this possible, you can let anyone pay with the bitcoin that are coming from all over the world and you can control it yourself too.
sr. member
Activity: 649
Merit: 250
Small local businesses are always interested to accept something that will make their business cheaper, simpler and more afortable and atractive to people. So a good will and patience is needed to explain them how can they improve their business by accepting Bitcoin.
While businesses are always looking for ways to optimize themselves they will do so only if it brings profits, so a wide user base must be in place in order to allow this to happen, in my opinion this could only be possible in some modern cities.

Yes more users in a certain area, more chances of that specific stores to accept and hug bitcoin as mode of payment since the services will be now regularly used.

But like what I said above, if the owner somehow knows bitcoin and in any cases they are also a bitcoin enthusiast, they can start accepting bitcoin in their store even there is no much people using it in their place.

I think it is better to let many online bitcoin accepters appear before the local shops to accept the bitcoin.
legendary
Activity: 2436
Merit: 1008
Small local businesses are always interested to accept something that will make their business cheaper, simpler and more afortable and atractive to people. So a good will and patience is needed to explain them how can they improve their business by accepting Bitcoin.
While businesses are always looking for ways to optimize themselves they will do so only if it brings profits, so a wide user base must be in place in order to allow this to happen, in my opinion this could only be possible in some modern cities.

Yes more users in a certain area, more chances of that specific stores to accept and hug bitcoin as mode of payment since the services will be now regularly used.

But like what I said above, if the owner somehow knows bitcoin and in any cases they are also a bitcoin enthusiast, they can start accepting bitcoin in their store even there is no much people using it in their place.
hero member
Activity: 840
Merit: 502
Small local businesses are always interested to accept something that will make their business cheaper, simpler and more afortable and atractive to people. So a good will and patience is needed to explain them how can they improve their business by accepting Bitcoin.
While businesses are always looking for ways to optimize themselves they will do so only if it brings profits, so a wide user base must be in place in order to allow this to happen, in my opinion this could only be possible in some modern cities.
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