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Topic: How can we encourage local businesses to accept BTC? - page 63. (Read 185054 times)

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.

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.
hero member
Activity: 714
Merit: 500
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
legendary
Activity: 2912
Merit: 1068
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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.
hero member
Activity: 1316
Merit: 514
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.
legendary
Activity: 3248
Merit: 1402
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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.
hero member
Activity: 2996
Merit: 536
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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.
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
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
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.
hero member
Activity: 840
Merit: 502
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.
member
Activity: 98
Merit: 10
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.
member
Activity: 84
Merit: 10
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.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
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.
newbie
Activity: 56
Merit: 0
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.
hero member
Activity: 756
Merit: 500
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.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
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.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
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?
hero member
Activity: 3234
Merit: 774
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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.


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.
legendary
Activity: 3262
Merit: 1376
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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.
sr. member
Activity: 336
Merit: 250
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.
sr. member
Activity: 350
Merit: 250
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..
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
To encourage small businesses to accept BTC, first there should be enough demand for paying with BTC. During the crisis in Greece, we could push the Bitcoin to the country, place the BTC ATM's, "Square"(the company) style BTC swipers and encourage people to buy Bitcoin from a greek BTC exchange website.

The point about demand is absolutely correct and i have no knowledge that crisis thing in Greece or anywhere, but i surely know that a local business before starting to accept bitcoin as a payment system should make sure if bitcoin is in demand in that location so that if he adopts it he do not face failure.
Accepting bitcoins does not cost anything so I have my doubts that any business is going to lose anything by accepting bitcoin, if in the other hand the business only accepted bitcoin then that would be different, but no one here is recommending that.
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