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Topic: How can we encourage local businesses to accept BTC? - page 66. (Read 184968 times)

hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
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.
hero member
Activity: 910
Merit: 500
During my whole bitcoin life i am really finding some time to do some research one what certain business that uses bitcoin as a medium of payment and what certain place can i avail those services and here are the things that made me realize

1. Most of those entrepreneurs started to create a bitcoin related business because they've already experienced it
2. Why did they put up some business? because they are innovative and was not satisfied by their bitcoin experience liked faucets or trading i guess


This reasons just come from a one point that they experienced using it first before they build up their business
sr. member
Activity: 246
Merit: 250
Good thread btw...
good to get your approval regarding the thread Tongue

explain to them the benefits of the coin in a honest simple way it will do the job by itself.

what do you think of the benefits when it comes to a retailer ,how is he going to change to fiat
 
We can encourage local businesses by informing them about bitcoin what is bitcoin and the benefits of bitcoin.
I think now is still too early though with this swinging price it's not really attractive to adopt bitcoin until more stable at least.

only thing need here is the ability to change the collected coins within hours to the necessary currency the retailer wanted,if that market gap is closed then local business will very well accept bitcoin
sr. member
Activity: 448
Merit: 250
We can encourage local businesses by informing them about bitcoin what is bitcoin and the benefits of bitcoin.
I think now is still too early though with this swinging price it's not really attractive to adopt bitcoin until more stable at least.
hero member
Activity: 616
Merit: 500
To encourage local businesses to accept Bitcoin you have to let them know the advantages and disadvantages behind Bitcoin. Also teaching them how to manage Bitcoin. Cool Cool Wink

Yep that's obvious that we have to let to know them the advantages and disadvantages I just wish we had some kind of bitcoin commercials that could explain but that would probably be banned since it would be threatening to fiat.
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
newbie
Activity: 56
Merit: 0
explain to them the benefits of the coin in a honest simple way it will do the job by itself.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
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.
full member
Activity: 189
Merit: 100
Good thread btw...
legendary
Activity: 2436
Merit: 1008
Don't encourage them just let them decide by themselves with no pressure. We have to get bitcoin more known trough commercials etc.
If they see it trough ads they will look it up by their free will and they will see all the benefits and people using it so it will be very attractive.

This might be the best way although I foresee problems if a business owner would check out bitcoin and see how unstable and volatile the price actually is.
This could cause them to lose money and losing money is a big nono for businesses obviously.

That's my point in the past, no need to force them since they know what will be good for their local businesses.

Also business owners are not meant to store and save bitcoin for long as their sole purpose is to circulate all their money for their investment to make it run.
sr. member
Activity: 462
Merit: 250
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.
hero member
Activity: 1764
Merit: 505
#SWGT PRE-SALE IS LIVE
Don't encourage them just let them decide by themselves with no pressure. We have to get bitcoin more known trough commercials etc.
If they see it trough ads they will look it up by their free will and they will see all the benefits and people using it so it will be very attractive.

This might be the best way although I foresee problems if a business owner would check out bitcoin and see how unstable and volatile the price actually is.
This could cause them to lose money and losing money is a big nono for businesses obviously.

Its Because it's really hard for them to see if only individual will push this coin to be added by companies or some other institution of people, and the best thing for it is really let them find ways to like the bitcoins itself and discover how big the market and the possibilities for this coin to get more potential to surge in the future, and im sure if they will see that surely many of them will surely jump off and grab the oppurtunity of bitcoins they can get and achieve, bitcoins has it's own ways to get exposure and the matter their is let's wait for them to analyze it properly.
hero member
Activity: 616
Merit: 500
Don't encourage them just let them decide by themselves with no pressure. We have to get bitcoin more known trough commercials etc.
If they see it trough ads they will look it up by their free will and they will see all the benefits and people using it so it will be very attractive.

This might be the best way although I foresee problems if a business owner would check out bitcoin and see how unstable and volatile the price actually is.
This could cause them to lose money and losing money is a big nono for businesses obviously.
hero member
Activity: 714
Merit: 500
We can simply encourage them by saying its a nice investment and that you can make some nice amounts of money with it too if you are doing it on the right way.
I also think that is the fact because its a investment and by holding already profit is mostly there.

Indeed we can only do this, because it was something very powerful or easy to do. different than we do by way of introduction to the visual or media or advertising, it's almost the same with the introduction of the orally but it needs a lot more funds than have to do with oral.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
You can encourage local businesses only by showing them what are the benefits of bitcoin and how simple it is to use it.
For this we would probably need a stable price first because why would they want to adopt in it's current state.

Its not that easy. I have tried it myself with the most professional methods possible. The people just laughed at me and said "Sir, do you have anything to buy at all?" "We are not interested in this ponzi scheme so go away with you fake information" Angry Angry

They even started joking that I need to see a doctor to check my brain. Grin Grin

It will take several more years to get adopted properly.
Well, that was very rude, but at the end of the day it’s their loss, not yours keep yourself on the forum and keep learning and obtaining bitcoin and at the end of the day you will be laughing all the way to the bank, oh wait, with bitcoin we are our own banks and we don’t need them. LOL. Tongue

It's their loss?? Are you crazy?? They have succesfully maintain and getting profits out of their business and you think that is their loss if they accept bitcoin??

What do you think of business owners if they will accept bitcoin, they will saved it? Wrong! They will rotate and circulate it to use to buy again some products to be sold.

I suggest you read the messages before posting any new post. If you read my earlier message I explained how the owners laughed at me when I tried to teach them and make them aware about bitcoin.

Instead they started joking at my words and thought that I was trying to promote some scam and kicked me out - wxa7115 pointed out that this was rude of them and that the "owners" are at a loss SINCE they were not ready to accept bitcoin

I guess you did not read the messages properly and that is why you got the message all wrong
legendary
Activity: 2436
Merit: 1008
You can encourage local businesses only by showing them what are the benefits of bitcoin and how simple it is to use it.
For this we would probably need a stable price first because why would they want to adopt in it's current state.

Its not that easy. I have tried it myself with the most professional methods possible. The people just laughed at me and said "Sir, do you have anything to buy at all?" "We are not interested in this ponzi scheme so go away with you fake information" Angry Angry

They even started joking that I need to see a doctor to check my brain. Grin Grin

It will take several more years to get adopted properly.
Well, that was very rude, but at the end of the day it’s their loss, not yours keep yourself on the forum and keep learning and obtaining bitcoin and at the end of the day you will be laughing all the way to the bank, oh wait, with bitcoin we are our own banks and we don’t need them. LOL. Tongue

It's their loss?? Are you crazy?? They have succesfully maintain and getting profits out of their business and you think that is their loss if they accept bitcoin??

What do you think of business owners if they will accept bitcoin, they will saved it? Wrong! They will rotate and circulate it to use to buy again some products to be sold.
hero member
Activity: 588
Merit: 500
We can encourage local businesses to accept Bitcoin by informing them what bitcoin is and how it can be productive for their business.
As a business owner money talks so make the money talk and they'll join within a second if they see alot of ask for bitcoin payment method.                                                         

The way to encourage the local business, it is right, but we know about it that local businessman are not using the enough online system and also in my country majority of those kind of business man who don't know about internet and they prefer to work in written.
But i accept it if local businessman use the bitcoin in their business than definitely it is useful for them, but it is time taking work and people need time to know about bitcoin.
sr. member
Activity: 350
Merit: 250
We can encourage local businesses to accept Bitcoin by informing them what bitcoin is and how it can be productive for their business.
As a business owner money talks so make the money talk and they'll join within a second if they see alot of ask for bitcoin payment method.                                                         

Most likely you can already make them interested with the part the bitcoin is already profitable by accepting it and than holding it.
Most likely they will like it, everyone wants to make some money.
full member
Activity: 189
Merit: 100
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" .

Good suggestion
member
Activity: 114
Merit: 10
We can simply encourage them by saying its a nice investment and that you can make some nice amounts of money with it too if you are doing it on the right way.
I also think that is the fact because its a investment and by holding already profit is mostly there.
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