Topic: How can we encourage local businesses to accept BTC? - page 71. (Read 185011 times)
I dont think it is right time for that in my country. Probably look for a better time to introduce it to the local business, when the trade is easier and safer.
It just wont happen at least not any time soon, there is no way right now for local business to accept bitcoin, it doesn't even make sense for them to do it, I don't really see any benefits for them, it's just extra trouble and work for no reason, they can easily lose money just with bitcoin volatility.
That's because they are not BTC enthusiasts,if they are they will be more than willing to accept BTC and even encourage people to pay with BTCI agree the initiative of these local businesses needed to become more encouraging by us. And we must tell them that bitcoin has the future cashless society.
And if they are going to adopt it then they are going to have another way of getting paid for their business but I guess they are going to be scared because of its volatility.
But if they are going to see it, they are going to see a lot of opportunity out of it.
It just wont happen at least not any time soon, there is no way right now for local business to accept bitcoin, it doesn't even make sense for them to do it, I don't really see any benefits for them, it's just extra trouble and work for no reason, they can easily lose money just with bitcoin volatility.
Besides volatility maybe there aren't enough people willing to use bitcoins for shopping around where a local business is running, just for a few people a market would never introduce a new system of payment, they would only think of it if they receive quite a lot of requests for such a thing and then they will see if it is legalized so they might adopt it.
It just wont happen at least not any time soon, there is no way right now for local business to accept bitcoin, it doesn't even make sense for them to do it, I don't really see any benefits for them, it's just extra trouble and work for no reason, they can easily lose money just with bitcoin volatility.
This is one of the reasons why merchants do have hindrance on switching bitcoin as a payment on their goods and services and thats because of price volatility and also some merchants on other countries doesnt even heard about bitcoin at all thats why bitcoins adoption on merchants is slowly progressing. Well maybe in future when bitcoin adoption increases and also the price would increase for sure it would increase the sum of merchants would accept bitcoin as a payment.
It just wont happen at least not any time soon, there is no way right now for local business to accept bitcoin, it doesn't even make sense for them to do it, I don't really see any benefits for them, it's just extra trouble and work for no reason, they can easily lose money just with bitcoin volatility.
That's because they are not BTC enthusiasts,if they are they will be more than willing to accept BTC and even encourage people to pay with BTC 
Bitcoin is not that popular as many people think it is. Some countries dont even have proper electricity and let alone internet connection. Moreover, e-commerce giants are few of those that accept bitcoin here and none of the local markets/shops/stores have ever heard of it. It very tough to get it accepted by everyone and I think the governments must work it.
Well its a very profitable market and there are no real fee's too so that is nice when you are accepting it if you are asking me.
Another nice fact is that it can be used everywhere and that you can make profit with just holding it as a business.
Another nice fact is that it can be used everywhere and that you can make profit with just holding it as a business.
I might don't understand the content of your post but you think local businesses will care for holding bitcoins? Again, "business". Their operation is on daily basis so money here is in and out.
Also I don't see any nice fact about "it can be used everywhere".
It just wont happen at least not any time soon, there is no way right now for local business to accept bitcoin, it doesn't even make sense for them to do it, I don't really see any benefits for them, it's just extra trouble and work for no reason, they can easily lose money just with bitcoin volatility.
Well its a very profitable market and there are no real fee's too so that is nice when you are accepting it if you are asking me.
Another nice fact is that it can be used everywhere and that you can make profit with just holding it as a business.
Another nice fact is that it can be used everywhere and that you can make profit with just holding it as a business.
By reducing expenses for them if they start accepting BTC or giving them a bonus percent of your purchase.I think that will encourage them accept BTC
How can you reduce expenses for the merchant? Unless you are a supplier, you can cut your profit and give discount to them. Or if you have lots of Bitcoin and sell this merchant discounted BTC or if they accept bitcoin, you buy them higher than the exchange. And remember, in setting up bitcoin payment, you need extra tools for it. You need internet, gadgets and it needs both the buyer and seller to be able to connect to the network and complete the transaction. there are great ideas but the problem is the fund to support it. Maybe we can start with bitcoin education drive.
Maybe they don't like it for now but what if the market of bitcoin users will spread more and more? Do you think they will still hate it? And i really think they will come and join to build up some laws and business to grab those oppurtunities and benifits of this coin and maybe we can see some banks will accept if bitcoin user will be more and increasing daily so i think those two sector will get used to it if they see bitcoins great oppurtunities upon existence and they can help to market bitcoins aswell if they will join to.
Introduce them what bitcoin is and the advantage of using it in their business. its not going to be easy to encourage them especially if its not popular in the consumers. i think the easiest thing to do is gather some business owners and set a seminar to introduce them the benefits of having bitcoin.
Encourage local businesses by showing them facts. If everybody keeps selling their bitcoin when the prices just raises by a little then bitcoin will never retain it's value.
If the value is low then business owners are not interested to learn this concept and use it in practice.
If the value is low then business owners are not interested to learn this concept and use it in practice.
By reducing expenses for them if they start accepting BTC or giving them a bonus percent of your purchase.I think that will encourage them accept BTC
How can you reduce expenses for the merchant? Unless you are a supplier, you can cut your profit and give discount to them. Or if you have lots of Bitcoin and sell this merchant discounted BTC or if they accept bitcoin, you buy them higher than the exchange. And remember, in setting up bitcoin payment, you need extra tools for it. You need internet, gadgets and it needs both the buyer and seller to be able to connect to the network and complete the transaction. there are great ideas but the problem is the fund to support it. Maybe we can start with bitcoin education drive.
Encourage local businesses by asking them about bitcoin and if they will accept it in the future like this you'll get to know if they even know what bitcoin is.
Most shop owners don't know bitcoin yet and they should cause it can be profitable for them, we need more publicity.
Most shop owners don't know bitcoin yet and they should cause it can be profitable for them, we need more publicity.
Asking them isn't enough and if there are only few queries about the concern then it will not be prioritized.
As long as bitcoin have an unstable price, our suggestions and advices to the store owners will not be taken seriously.
Encourage local businesses by asking them about bitcoin and if they will accept it in the future like this you'll get to know if they even know what bitcoin is.
Most shop owners don't know bitcoin yet and they should cause it can be profitable for them, we need more publicity.
Most shop owners don't know bitcoin yet and they should cause it can be profitable for them, we need more publicity.
Asking them isn't enough and if there are only few queries about the concern then it will not be prioritized.
As long as bitcoin have an unstable price, our suggestions and advices to the store owners will not be taken seriously.
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
Even if you teach them precisely and tell them every benefits or advantages or using bitcoin still they wont be able to use it as a payment system until the government of that county legalize it, because they would be afraid if the authorities come to know they might seal them for using it if it is not yet legalized.
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" .
There are allot of big companys introducing bitcoins so maybe if they are seeing that smaller companys are also willing to introduce it only if the bigger companys making profits with it other wise they wont.
Encourage local businesses by asking them about bitcoin and if they will accept it in the future like this you'll get to know if they even know what bitcoin is.
Most shop owners don't know bitcoin yet and they should cause it can be profitable for them, we need more publicity.
Most shop owners don't know bitcoin yet and they should cause it can be profitable for them, we need more publicity.
I think we just keep on using bitcoin and this is already a kind of support for this program. If we do continue to grow then it may be way for those investors to settle down and think if it is really worth it to invest into crypto currency since the community is getting wider and the opportunity of gaining profit is really enough.
True we as users don't have that much power to make bitcoin more useable in stores. Cause we simply don't have the power for that.
But if we would see more commercials invovling bitcoin businesses and more businesses which are focused around btc then it will get more popular by itself.
We can encourage them by using more bitcoin overall and getting them more knowledge about bitcoin. For example if you know the shop owner you could just have a chat about bitcoin and what it can mean for him and his customers. They have to be educated about it.
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