How can we encourage local businesses to accept BTC? - page 72.

NewInCryptoCurrency

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Quote from: chixka000 on September 11, 2016, 09:07:37 AM

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.

maudevang

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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.

Superways

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For me it is much easy, we should have to invite our friends and our relative for to use bitcoin and have to advise them to invite other peple also and when these people will use bitcoin then we will find some people to use bitcoin with, and after that it will get promote more and when we will need to buy any thing with bitcoin and we will not find them then we can ask them for exchange.

shintosai

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Quote from: darklus123 on September 20, 2016, 08:43:39 AM

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

proper approach regarding to bitcoin potentials and easy to use payment system will let them be attracted to use this service, as bitcoin already been popular over the net you can inform them that this could be the next big thing in the future, give them idea that btc is also just like atm and credit cards.

virusasog

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Quote from: darklus123 on September 20, 2016, 08:43:39 AM

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

To educate about the bitcoin, that can be easily done in that here in forum itself. I would suggest you to adopt the bitcoin as payment in your business. That would only motive the people around you easily instead of educating.

ethereumhunter

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Quote from: Icathia on September 20, 2016, 09:18:37 AM

Quote from: Kelarid on September 05, 2016, 02:50:00 AM

Quote from: betlord90 on September 03, 2016, 04:30:57 AM

Quote from: OrangeSeller on August 18, 2016, 03:13:50 AM

Quote from: Wowcoin on August 15, 2016, 06:22:34 AM

The good we do introduce it to people who do not yet know . Teach them how to use it and explain to them that bitcoin is a very fast way of payment . We should teach them step by step how to use it and how they can be converted into cash . The principle should be that many of them can be put to the bitcoin .

it is not that easy as you said. it needs a lot of planing and need team work, I can teach some peoples in my family or my street (same everyone can do) but we cannot change the overall situation.. using bitcoin is very easy but only at the web,
but when it comes to local businesses the situaiton will get change completely.. and it can be only possible if big companies get involved in it to promote bitcoin in local businesses,

Yes you are right just thinking about it we need a hard work plan before we introduce it in many businesses. Bitcoin is easy to use in web and i think the big companies their no time to do it so encourage local business to use bitcoin is not easy. Maybe do they own research if bitcoin become popular in all country.

The infrastructure of the bitcoin payment is not fully built yet, so the shops accepting the bitcoin is still very few.

Yeah and i think this is the most important area to improve asap on. Because once they start accepting then bitcoin will start to really blossom like it should but it cant yet because of this reason.

before we introduce bitcon into people, i think we should give them an explaining about bitcoin and we can give them an example of how to using bitcoin and make any transaction with easy. it should need hard work and there is no one can do without other people. so maybe you can make little group with your friends which using bitcoin and start to make a community and make meeting discussion group and ask people to join, then in that meeting group you can tell them about bitcoin. its really need hard work to do this but after you success, then people in your city will appreciate to you and make bitcoin as payment soon.

Icathia

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Quote from: Kelarid on September 05, 2016, 02:50:00 AM

Quote from: betlord90 on September 03, 2016, 04:30:57 AM

Quote from: OrangeSeller on August 18, 2016, 03:13:50 AM

Quote from: Wowcoin on August 15, 2016, 06:22:34 AM

The good we do introduce it to people who do not yet know . Teach them how to use it and explain to them that bitcoin is a very fast way of payment . We should teach them step by step how to use it and how they can be converted into cash . The principle should be that many of them can be put to the bitcoin .

it is not that easy as you said. it needs a lot of planing and need team work, I can teach some peoples in my family or my street (same everyone can do) but we cannot change the overall situation.. using bitcoin is very easy but only at the web,
but when it comes to local businesses the situaiton will get change completely.. and it can be only possible if big companies get involved in it to promote bitcoin in local businesses,

Yes you are right just thinking about it we need a hard work plan before we introduce it in many businesses. Bitcoin is easy to use in web and i think the big companies their no time to do it so encourage local business to use bitcoin is not easy. Maybe do they own research if bitcoin become popular in all country.

The infrastructure of the bitcoin payment is not fully built yet, so the shops accepting the bitcoin is still very few.

Yeah and i think this is the most important area to improve asap on. Because once they start accepting then bitcoin will start to really blossom like it should but it cant yet because of this reason.

darklus123

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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

Fraxinus

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Quote from: lionheart78 on September 16, 2016, 02:11:14 PM

Quote from: Fraxinus on September 16, 2016, 12:19:40 PM

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.

Well,this has to be by the politicians,the governors,they have to reduce the expenses,but they have to be willing to make BTC a more popular means of payment

Agraoclya

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We can encourage local businesses to accept btc by spreading information about btc because to use btc you have to know what it is first.
When they know what it is they can decide if its worth it for the company to use it.

Hellacopter

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I think if governments take the decision to support Bitcoin and allow using it as payment processor, more local marketplaces and stores will start using it as well.

lionheart78

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Quote from: Fraxinus on September 16, 2016, 12:19:40 PM

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.

Fraxinus

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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

agustina2

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Quote from: Newcoins2020 on September 16, 2016, 03:44:50 AM

To encourage them you have to tell them what they get out of it. Low fees etc all the good attractive stuff.
But to say this to every shop is alot of work, we need mass advertisement and commercials and then I'd promise it will get super big super fast.

No it's not that we have to tell them the benefits of it. They have a research team which is far can surpass all our ideas about bitcoin if they wil make some priorty of study on it that can make some brainstorming and no needs for us to do it.

As long as bitcoin has a large volatility we can't never really sees some more businesses that will accept bitcoin.

bitlancr

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Quote from: crairezx20 on September 13, 2016, 01:16:28 PM

Quote from: BitcoinPanther on September 13, 2016, 01:06:10 PM

I think we can encourage local businesses by setting an example. Instead of suggesting them to put up a merchant store for bitcoin, why not , if we have fund, put up a merchant store ourselves. if we prove to them that it is very profitable using bitcoin then they will automatically inquire about the new technology and then setup their own bitcoin accepting stores.

If you holding bitcoins we i think we are starting business just holding bitcoins.. so if we offer bitcoins in any company they should accept it to increase their leads or sales.. because many people right now are using bitcoins.

Yeah and I think to encourage them they need alot of information cause they won't take something which will harm business.
It could be an idea to make a informative flyer and spread it around stores explaining bitcoin and giving a link to more information.

Labumi

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Quote from: special view on September 16, 2016, 05:43:22 AM

when the BTC was spread in the whole world,it's more bussniess will accept it

It is indeed true, it is now already in a stage of growth bitcoin exactly who you are talking about. So this will give you a pretty good effect, if the market has given a very positive fedback for bitcoin. Something that is bad for us is couldn't help but lust and greed. So if we want to successfully hold the lust and greed also

X-ray

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Quote from: senyorito123 on September 16, 2016, 04:45:03 AM

Quote from: shinratensei_ on September 16, 2016, 12:45:40 AM

Quote from: xIIImaL on September 15, 2016, 09:32:38 PM

Quote from: Altynbekova on September 15, 2016, 09:50:43 AM

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.

I don't know how much your assumption will work, I think we need to tell that they can use bitcoin while they were doing trade their stock. Instead fiat cash they can bitcoins for to reduce energy the fees. If they need to international transfer even that time also business people can use this bitcoin.

Maybe caused using bitcoin can reducing the total of fees but that's will need for reserving more time for every transaction if we are wanna for making any compare, i will more prefer for choosing the time is will be more faster than reducing the fees. "time is money"

But bitcoin networks need conformation(i don't know why) thats why we cannot really tell that transaction to people will be faster enough from using this coin but i think if local business nor online will accept this it can give their more convinient since bitcoins cannot be reversable and also fees are much more lesser unlike to any other processor out there. And i am agreeinh for you to say time is money but we cant controll the bitcoins confirmation.

the confirmation needed in order to prevent double spend,so people can't spend their money twice when they actually could only spend it once
and the confirmation speed sometimes getting affected by how much fee you set up in your transaction if it's meet the requirement then your transaction will be confirmated fastly,even though there's also another factor

special view

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when the BTC was spread in the whole world,it's more bussniess will accept it

senyorito123

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Quote from: shinratensei_ on September 16, 2016, 12:45:40 AM

Quote from: xIIImaL on September 15, 2016, 09:32:38 PM

Quote from: Altynbekova on September 15, 2016, 09:50:43 AM

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.

I don't know how much your assumption will work, I think we need to tell that they can use bitcoin while they were doing trade their stock. Instead fiat cash they can bitcoins for to reduce energy the fees. If they need to international transfer even that time also business people can use this bitcoin.

Maybe caused using bitcoin can reducing the total of fees but that's will need for reserving more time for every transaction if we are wanna for making any compare, i will more prefer for choosing the time is will be more faster than reducing the fees. "time is money"

But bitcoin networks need conformation(i don't know why) thats why we cannot really tell that transaction to people will be faster enough from using this coin but i think if local business nor online will accept this it can give their more convinient since bitcoins cannot be reversable and also fees are much more lesser unlike to any other processor out there. And i am agreeinh for you to say time is money but we cant controll the bitcoins confirmation.

Newcoins2020

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Activity: 406

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To encourage them you have to tell them what they get out of it. Low fees etc all the good attractive stuff.
But to say this to every shop is alot of work, we need mass advertisement and commercials and then I'd promise it will get super big super fast.

Topic: How can we encourage local businesses to accept BTC? - page 72. (Read 184968 times)