How can we encourage local businesses to accept BTC? - page 63.

agustina2

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Quote from: The_Dark_Knight on October 21, 2016, 10:28:08 AM

Quote from: bitbunnny on October 21, 2016, 07:47:24 AM

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.

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Quote from: bitbunnny on October 21, 2016, 07:47:24 AM

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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Quote from: bitbunnny on October 21, 2016, 07:47:24 AM

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.

But as long as in that area of concern, bitcoin is not that famous, owners will think of accepting bitcoin is just useless since no one will try that.

But if the owner is bitcoin enthusiast then it's not a problem since part of it may be considered as bitcoin promotion in that specific area.

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Quote from: bitbunnny on October 21, 2016, 07:47:24 AM

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.

Yeah that's something indeed desired by all entrepreneurs not only small entrepreneurs. However before doing something I think we should be able to think of something that it is possible to happen in the future, for something to do in the absence of a good plan will give results that are less well. Businesses should have to do something than to have planned things concerned with the emotional. It is indeed good to use bitcoin as payment or transaction, but if you can not use the bitcoin perfectly then I think it has not been able to give a good effect

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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.

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Quote from: kryptqnick on October 21, 2016, 04:40:42 AM

Well, we obviously have to tell them about the pros of it. For instance, say that using $ or some other currency, if they don't violate the law, they have to pay huge taxes, which can destroy their business making it unprofitable. BTC is tax-free and you can manage to exchange it for some $ if you like.

The tax man can easily get the information about the gross sales of a merchant if all the sales are done via bitcoins, since its a public information to check all the transactions.

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Well, we obviously have to tell them about the pros of it. For instance, say that using $ or some other currency, if they don't violate the law, they have to pay huge taxes, which can destroy their business making it unprofitable. BTC is tax-free and you can manage to exchange it for some $ if you like.

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Quote from: The_Dark_Knight on October 20, 2016, 02:55:24 PM

Quote from: Abbybenson on October 20, 2016, 10:44:16 AM

In my country lots of people don't use bitcoins because they don't know how to operate. Bitcoins is new system and it will take some time to understand it to most of people.

While bitcoin can be very easy to use, ~~it can be really difficult to explain it to some persons; they don’t understand the concept of a digital p2p currency.~~

Abby are already explaining about most of the people in their country are not know how to operating the bitcoin but somehow you're repeating that again. if they are don't know how to operate and how they can understand the concept of the cryptocurrency? Huh

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Quote from: The_Dark_Knight on October 20, 2016, 02:55:24 PM

Quote from: Abbybenson on October 20, 2016, 10:44:16 AM

In my country lots of people don't use bitcoins because they don't know how to operate. Bitcoins is new system and it will take some time to understand it to most of people.

While bitcoin can be very easy to use, it can be really difficult to explain it to some persons; they don’t understand the concept of a digital p2p currency.

This is true fro my city as well, while other states in my country have accepted it to some extent. It is like a cultish following here. However the number of users is growing slowly. Local shops are not accepting it and hence people are not learning about it. A very aggressive advertising/crowd-sale may change the scenario here.

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Quote from: Abbybenson on October 20, 2016, 10:44:16 AM

In my country lots of people don't use bitcoins because they don't know how to operate. Bitcoins is new system and it will take some time to understand it to most of people.

While bitcoin can be very easy to use, it can be really difficult to explain it to some persons; they don’t understand the concept of a digital p2p currency.

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In my country lots of people don't use bitcoins because they don't know how to operate. Bitcoins is new system and it will take some time to understand it to most of people.

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Quote from: wxa7115 on October 20, 2016, 10:00:12 AM

Quote from: Legendaris on October 20, 2016, 06:48:07 AM

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.

Businesses’ follows the money, bitcoin has not reached a point in which adoption is a necessity for a business to survive, the same happen to credit cards when they were first introduced it took some time for them to be accepted and now a business that does not accept credit cards is destined to failure.

For now it definitely has not reached the tipping point, but its adoption spreading greatly anyway. We will definitely see traditional businesses turning to bitcoin sooner or later and for obvious reasons those selling digital goods will lead the way.

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Quote from: Legendaris on October 20, 2016, 06:48:07 AM

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.

Businesses’ follows the money, bitcoin has not reached a point in which adoption is a necessity for a business to survive, the same happen to credit cards when they were first introduced it took some time for them to be accepted and now a business that does not accept credit cards is destined to failure.

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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.

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Quote from: shinratensei_ on October 18, 2016, 08:51:42 PM

Quote from: BitsandBites on October 18, 2016, 12:11:22 PM

Quote from: Troniq on October 14, 2016, 12:34:07 PM

Hmm that might be a very difficult thing to do as a bitcoin user no? To just encourage a business to accept bitcoin you need a lot of convincing power and proof that it's profitable for them.
I wouldn't know how we could reach this together but I do hope it happens.

You really need to encourage them indeed but I think with sone good words its already possible and they just have to look it up and they will see why its than a pretty good currency to use and also to hold.

You need for researching about some fact in the environment of the store before giving a suggest to the store for accepting bitcoin and I just say this for preventing if there is not enough bitcoiners in the environment and why the store are really need for accepting bitcoin?

Exactly, if a place has not bitcoin users at all or if has then they are really few in number so how come you can encourage a local business to accept bitcoin as a way of payment? They would only do it if they see some great potentials in it but if they see nothing about it around the they would probably say no to it.

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Quote from: tabas on October 18, 2016, 08:36:27 PM

Quote from: FabioDelcatto on October 18, 2016, 03:35:11 PM

Yes we can do this but its not very easy to do this, its all about what business see in it and its also what they are doing.
Some businesses are selling other things that makes it not even interesting.

Well this is really hard just like you are going to proposed a project to the big investors but in this case you are going to make bitcoin as your mainstream. And the question is how you are going to make the businessmen in your place to say yes for bitcoin is not yet popular in your place. Just make some good presentation for it.

Shops are in business for a single reason profit, if they don’t see a clear way to profit from bitcoin they are not going to adopt it, it’s that simple and if they cannot profit from it then the decision to not adopt it is savvy business decision.

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Quote from: BitsandBites on October 18, 2016, 12:11:22 PM

Quote from: Troniq on October 14, 2016, 12:34:07 PM

Hmm that might be a very difficult thing to do as a bitcoin user no? To just encourage a business to accept bitcoin you need a lot of convincing power and proof that it's profitable for them.
I wouldn't know how we could reach this together but I do hope it happens.

You really need to encourage them indeed but I think with sone good words its already possible and they just have to look it up and they will see why its than a pretty good currency to use and also to hold.

You need for researching about some fact in the environment of the store before giving a suggest to the store for accepting bitcoin and I just say this for preventing if there is not enough bitcoiners in the environment and why the store are really need for accepting bitcoin?

tabas

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Quote from: FabioDelcatto on October 18, 2016, 03:35:11 PM

Yes we can do this but its not very easy to do this, its all about what business see in it and its also what they are doing.
Some businesses are selling other things that makes it not even interesting.

Well this is really hard just like you are going to proposed a project to the big investors but in this case you are going to make bitcoin as your mainstream. And the question is how you are going to make the businessmen in your place to say yes for bitcoin is not yet popular in your place. Just make some good presentation for it.

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There is no many ways how to encourage business to accept bitcoins. They are afraid of unstable price of bitcoin, it's hard to declare and pay taxes for it and finally, they still need to exchange received btc their local currency. And most imprtant thing - there is still not enough people who will pay in bitcoin. And it's like closed circle - many people don't use bitcoin, because it's hard to find places where bitcoin accepted.

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Yes we can do this but its not very easy to do this, its all about what business see in it and its also what they are doing.
Some businesses are selling other things that makes it not even interesting.

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