How can we encourage local businesses to accept BTC? - page 75.

Zadicar

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Quote from: sishendaoye on September 09, 2016, 09:55:32 AM

Quote from: agustina2 on September 09, 2016, 07:20:45 AM

Quote from: saiha on September 08, 2016, 08:46:30 AM

Quote from: rio3233 on September 08, 2016, 03:17:19 AM

The problem is even the local businesses accepting bitcoin, not all people using bitcoin even in my country it's like no one using bitcoin except me. So, i think it's like a bit useless if the local busines accept bitcoin but the people not use bitcoin.

It is really hard for a local store to accept bitcoin if there are only few bitcoin users in that place. But that is still going to be an advantage.

Because you are just the only one store that is going to accept bitcoin, what you need to do now is to market bitcoin and introduce it to the people.

Once you have done that you are going to start out to run your business properly with bitcoin.

Local stores are not meant to hold bitcoins that's why in the first place they aren't considering to accept it as one of their preferred payment method.

All of their products and services are mostly deals with fiat transactions so it's a risk for them to accept bitcoin. Even they have to accept bitcoin they will spend it quickly to circulate all products in the market.

I also think this is the point, its a risk because its not a currency that is stable or something and that we can use easily these days.
It first needs to get a lot more popular before shops can even accept it because not a lot of people are paying with it these days.

True, bitcoin isnt popular all over the world and even some countries didnt even heard about bitcoin. Its a little bit hard to convince a certain person or merchant to accept bitcoin on their businesses because they would surely refuse because they didnt even bitcoin yet. If adoption on bitcoin would be already progressive on a certain country then it might possible.

TheUltraElite

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My country does not like the idea of coins that float in thin air (think about ether) Grin

I tried to teach them about e-currency and their response was "Sir, Do you really want to buy anything or are you wasting our time??". Fiat is ruling here and to be honest I like it. I still can secure my bank wallet let alone my private keys Grin

Barbut

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We don't need to do nothing, bitcoin is going to grow, and little by little to take piece's of the global market. When it prove itself on global plan, for bitcoin will be much easier to get into local areas. Thing is that world work on that way, and things happened in that order.
For now just people who believe enough in btc will risk to try some businesses, but as it well known early adopter's made good money, except of thinking about other businesses, we need to open ours and try to be early adopter's in our towns, villages, cities.

Mastsetad

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Quote from: sishendaoye on September 09, 2016, 09:55:32 AM

I also think this is the point, its a risk because its not a currency that is stable or something and that we can use easily these days.
It first needs to get a lot more popular before shops can even accept it because not a lot of people are paying with it these days.

The fluctuation is actually the biggest reason that can stop a place to accept bitcoin as a payment because what would they do with the bitcoins if the price drops suddenly to come dollars? They would probably lose a lot of money as they cannot just exchange them as they earn them by selling something they would probably have a scheduled time for exchanging.

sishendaoye

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Quote from: agustina2 on September 09, 2016, 07:20:45 AM

Quote from: saiha on September 08, 2016, 08:46:30 AM

Quote from: rio3233 on September 08, 2016, 03:17:19 AM

The problem is even the local businesses accepting bitcoin, not all people using bitcoin even in my country it's like no one using bitcoin except me. So, i think it's like a bit useless if the local busines accept bitcoin but the people not use bitcoin.

It is really hard for a local store to accept bitcoin if there are only few bitcoin users in that place. But that is still going to be an advantage.

Because you are just the only one store that is going to accept bitcoin, what you need to do now is to market bitcoin and introduce it to the people.

Once you have done that you are going to start out to run your business properly with bitcoin.

Local stores are not meant to hold bitcoins that's why in the first place they aren't considering to accept it as one of their preferred payment method.

All of their products and services are mostly deals with fiat transactions so it's a risk for them to accept bitcoin. Even they have to accept bitcoin they will spend it quickly to circulate all products in the market.

I also think this is the point, its a risk because its not a currency that is stable or something and that we can use easily these days.
It first needs to get a lot more popular before shops can even accept it because not a lot of people are paying with it these days.

Labumi

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Quote from: agustina2 on September 09, 2016, 07:20:45 AM

Quote from: saiha on September 08, 2016, 08:46:30 AM

Quote from: rio3233 on September 08, 2016, 03:17:19 AM

The problem is even the local businesses accepting bitcoin, not all people using bitcoin even in my country it's like no one using bitcoin except me. So, i think it's like a bit useless if the local busines accept bitcoin but the people not use bitcoin.

It is really hard for a local store to accept bitcoin if there are only few bitcoin users in that place. But that is still going to be an advantage.

Because you are just the only one store that is going to accept bitcoin, what you need to do now is to market bitcoin and introduce it to the people.

Once you have done that you are going to start out to run your business properly with bitcoin.

Local stores are not meant to hold bitcoins that's why in the first place they aren't considering to accept it as one of their preferred payment method.

All of their products and services are mostly deals with fiat transactions so it's a risk for them to accept bitcoin. Even they have to accept bitcoin they will spend it quickly to circulate all products in the market.

I think that it's not something serious problems for those who really understand about the bitcoin > because I see that the easier bitcoin owner and lovers online store shop online in any transactions made. They don't need to wait for confirmation of a lingering funding and also the owner can directly benefit 2 x/more (If knowing well the workings of the bitcoin)

agustina2

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Quote from: saiha on September 08, 2016, 08:46:30 AM

Quote from: rio3233 on September 08, 2016, 03:17:19 AM

The problem is even the local businesses accepting bitcoin, not all people using bitcoin even in my country it's like no one using bitcoin except me. So, i think it's like a bit useless if the local busines accept bitcoin but the people not use bitcoin.

It is really hard for a local store to accept bitcoin if there are only few bitcoin users in that place. But that is still going to be an advantage.

Because you are just the only one store that is going to accept bitcoin, what you need to do now is to market bitcoin and introduce it to the people.

Once you have done that you are going to start out to run your business properly with bitcoin.

Local stores are not meant to hold bitcoins that's why in the first place they aren't considering to accept it as one of their preferred payment method.

All of their products and services are mostly deals with fiat transactions so it's a risk for them to accept bitcoin. Even they have to accept bitcoin they will spend it quickly to circulate all products in the market.

martinacar

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to encourage them we need to have more people use it no? cause its all about what the customers want and if alot of customers want to pay with bitcoin i dont think a company wants to miss out money on that. So the plan would be to show them in a way that theres alot of people asking for this.

South Park

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In one word education, those business owners need to realize that they are losing a piece of the action, so we must show them not only what bitcoin is, but how it can benefit them

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We need to tell them how good bitcoin is

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Quote from: Fatanut on September 08, 2016, 07:54:51 AM

I think when trying to encourage a local business owner or even anyone to accept BTC as a mode of payment, you shouldn't jump to persuading them. Don't be like "Bitcoin is amazing, accept bitcoin now in your shop." Even if you're able to get into the mind of the shop owner and make him such a ditto head, if he don't understand how the whole Bitcoin concept works, then he shouldn't accept BTC.

First, you have to lecture him about how a wallet works, how to make his wallet secure, what is Bitcoin, what is the advantage and disadvantage of Bitcoin, stuffs like that. When he fully understand all of those, he can then decide if it'll be beneficial to him and to his shop if he accept BTC or not.

Yup if they try in overseas trade in the international business means it would spread among most of people and then if we have initializing mini Ecommerce or direct business which accepts with bitcoin means that will be good.

saiha

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Quote from: rio3233 on September 08, 2016, 03:17:19 AM

The problem is even the local businesses accepting bitcoin, not all people using bitcoin even in my country it's like no one using bitcoin except me. So, i think it's like a bit useless if the local busines accept bitcoin but the people not use bitcoin.

It is really hard for a local store to accept bitcoin if there are only few bitcoin users in that place. But that is still going to be an advantage.

Because you are just the only one store that is going to accept bitcoin, what you need to do now is to market bitcoin and introduce it to the people.

Once you have done that you are going to start out to run your business properly with bitcoin.

Fatanut

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I think when trying to encourage a local business owner or even anyone to accept BTC as a mode of payment, you shouldn't jump to persuading them. Don't be like "Bitcoin is amazing, accept bitcoin now in your shop." Even if you're able to get into the mind of the shop owner and make him such a ditto head, if he don't understand how the whole Bitcoin concept works, then he shouldn't accept BTC.

First, you have to lecture him about how a wallet works, how to make his wallet secure, what is Bitcoin, what is the advantage and disadvantage of Bitcoin, stuffs like that. When he fully understand all of those, he can then decide if it'll be beneficial to him and to his shop if he accept BTC or not.

TastyChillySauce00

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Quote from: Mastsetad on September 07, 2016, 12:53:41 PM

Quote from: darklus123 on September 06, 2016, 11:21:37 PM

you basically have to explain to them how bitcoin works, what are the benefits and the cons of it. Base on my experience i personally introduce it to one of my friend that has a business and during that time my knowledge was really not enough to explain it to him so it just end up to no deal situation.

Understanding bitcoin for someone who is not connected to internet or technology much is actually to hard because i tried it myself to make some people understand it but they might it too complex.

well you're actually could just use an explanation video that available on youtube so they will know it and i guess the video could explain better than us because that video was made with effort and being planned perfectly,sometimes if we explain to another people,they'll can't know what we're talking about due to different thinking

arwin100

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Quote from: Mastsetad on September 07, 2016, 12:53:41 PM

Quote from: darklus123 on September 06, 2016, 11:21:37 PM

you basically have to explain to them how bitcoin works, what are the benefits and the cons of it. Base on my experience i personally introduce it to one of my friend that has a business and during that time my knowledge was really not enough to explain it to him so it just end up to no deal situation.

Understanding bitcoin for someone who is not connected to internet or technology much is actually to hard because i tried it myself to make some people understand it but they might it too complex.

It will turn complicated if you teach them without supporting facts,articles,video or even social media groups related to bitcoin and if you have those mentioned present when you teaching someone i will be sure that they will understand bitcoin slowly, so better don't giveup to the people you teaching to used it because it maybe usefull in the future since it can make the market for bitcoin go spread for more.

DuckKeeper

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If we can make the bitcoin better we can already accomplish this most likely, the bitcoin needs to get more popular and than company's will automatically will accept the bitcoin.

Another thing we could do is explain why they have to use the bitcoin and this is simply because they can make profit with it if the bitcoin market is going up.

rio3233

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The problem is even the local businesses accepting bitcoin, not all people using bitcoin even in my country it's like no one using bitcoin except me. So, i think it's like a bit useless if the local busines accept bitcoin but the people not use bitcoin.

saiha

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Strength in Numbers

I would say that we can encourage them that with this type of method they can save a lot of effort and time if they are going to accept bitcoins as payment.

But we need to consider first in the place if there are already users of bitcoin because that is not going to help if there are few users only.

Mastsetad

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Quote from: darklus123 on September 06, 2016, 11:21:37 PM

you basically have to explain to them how bitcoin works, what are the benefits and the cons of it. Base on my experience i personally introduce it to one of my friend that has a business and during that time my knowledge was really not enough to explain it to him so it just end up to no deal situation.

Understanding bitcoin for someone who is not connected to internet or technology much is actually to hard because i tried it myself to make some people understand it but they might it too complex.

sishendaoye

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encourage them by not selling bitcoin everytime it is at super high point this causes prices to be so unstable merching with the bitcoin and that scares off shop owners and also alot of them dont know anything about bitcoin so more bitcoin education and information and publicity would be a good start too not just for shop owners also for just customers cause they dont even have it most of the time.

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