Topic: How can we encourage local businesses to accept BTC? - page 76. (Read 184968 times)
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.
More promotion material and more information about bitcoin is the key. Let people learn about bitcoin themself and they will be sold eventually. The same thing happened to me.
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 .
Yes and first we have to wait for the btc to be stable or steadily rising so they don't see the negative side of losing their money cause it drops quite often. Also we need alot of people using btc for it to be worth it to them. They will not put up a payment method just for it to be using once a month.
Encourage them by giving them information. The first step is for them to know what bitcoin is all about.
Then you'd have to prove or show that there's alot of people willing to use it in the shop, this will show the owners that adding this payment method will increase customer satisfaction and bring in more customers.
Then you'd have to prove or show that there's alot of people willing to use it in the shop, this will show the owners that adding this payment method will increase customer satisfaction and bring in more customers.
What if the government of that country haven't give permission to the citizens for using bitcoins? The things you are saying are absolutely right but they can be applied once the government announces that bitcoin is free to be used in the country so then you can convince a shopkeeper or a market owner with those words, otherwise it is not possible.
Encourage them by giving them information. The first step is for them to know what bitcoin is all about.
Then you'd have to prove or show that there's alot of people willing to use it in the shop, this will show the owners that adding this payment method will increase customer satisfaction and bring in more customers.
Then you'd have to prove or show that there's alot of people willing to use it in the shop, this will show the owners that adding this payment method will increase customer satisfaction and bring in more customers.
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,
The infrastructure of the bitcoin payment is not fully built yet, so the shops accepting the bitcoin is still very few.
Its because the market and the bitcoins user are not totally wide and only few people around the globe are using this coin so thats why maybe thats the other reason why we see only few merchant are accepting bitcoins for now, but maybe in future if bitcoin craze will spread wider and will reach also to those not techy people and spread for more i think this massive adoption will gonna be grab by those merchant who follows bitcoin for now.
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,
The infrastructure of the bitcoin payment is not fully built yet, so the shops accepting the bitcoin is still very few.
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,
Until the country's government does not recognize btc as sort of a 2nd currency of the country, Local Businesses wouldn't dare to consider BTC as a mode of payment. However they do have the option too convert it to Fiat for the sake of transparency. But then again the government will really gonna be on your back with all your transactions.
No need for recognization of bitcoin as sort of 2nd currency. Why in other places there are physical stores that accept bitcoin eventhough bitcoin is not their second currency to be consider as a whole?
It's because of massive request and demands by the customers or maybe they just trying out if accepting bitcoin will be convenient if they did. It's like a beta tesing.
I also would like to add the issue about the concern for local business accepting bitcoin as what will they right on their income statement for the issuance of their tax? For example as a citizen of a country that don't accept btc don't you think it will be fishy for the government that they always have 0$ in their income statement yet the business is still open until now.
Yeah I think you are right. As we use bitcoin in daily business It will produce false case in income tax statement and for that government should accepts the bitcoin as payment and they should centralised that, Till that it will not work at all.
You guys are right that local businesses cannot accept bitcoin unless bitcoin accepts it as the taxes that are applied for using dollars wont be there if someone is using bitcoin because it is not controlled by the government so there would be no taxes and if the government finds that they can possibly ban that business.
They cannot use it in the first place if the government of that country haven't announced bitcoin as a legal currency for that country, and if they do it without that it may be considered illegal and they might get charged so they would always have this fear in minds when they think about accepting bitcoin as a payment.
I also would like to add the issue about the concern for local business accepting bitcoin as what will they right on their income statement for the issuance of their tax? For example as a citizen of a country that don't accept btc don't you think it will be fishy for the government that they always have 0$ in their income statement yet the business is still open until now.
Yeah I think you are right. As we use bitcoin in daily business It will produce false case in income tax statement and for that government should accepts the bitcoin as payment and they should centralised that, Till that it will not work at all.
You guys are right that local businesses cannot accept bitcoin unless bitcoin accepts it as the taxes that are applied for using dollars wont be there if someone is using bitcoin because it is not controlled by the government so there would be no taxes and if the government finds that they can possibly ban that business.
Maybe in my experience as businessman I have facebook page and website and my businessaccept bitcoin payment its a small business. So I think if you endorse bitcoin by this method and your business grow. Local business study your business and you can lecture them about bitcoin currency. So therefore I think they copy your business plan and soon business in your area accept bitcoin payments also.
I think firstly we have to tell them what is bitcoin and what they can have advantage if they can use bitcoin for their businesses , they will understand and they will see to use bitcoin for the thier business and they will except it , because if they see there is opportunities for they work , they will like to use bitcoin.
Always ask if you can pay by bitcoin, if they dont know what it is you can explain the concept or they'll look it up themselves cause they will be curious. If alot of people ask at one place then they will probably implent it as they don't want to miss out on money and want to keep customer satisfaction high.
Explaining is not enough. Business is business and they have to run it properly everyday. Until there is a massive request of people to those merchants to accept bitcoin, merchants will never considered to study the risk if they will have to accept bitcoin as payment method.
But honestly, if bitcoin price become stable like fiat currencies, no need for such explaining as they will automatically add it in one of their payment method.
Always ask if you can pay by bitcoin, if they dont know what it is you can explain the concept or they'll look it up themselves cause they will be curious. If alot of people ask at one place then they will probably implent it as they don't want to miss out on money and want to keep customer satisfaction high.
The problem is not many people know about bitcoin, especially in my country. So, if a shop accepted bitcoin, it's like a useless move. Because nobody in my area using bitcoin.
If the governments is wanna think for making a news about allowing for using bitcoin i think a lot of store and people will want to learning about bitcoin and that like in Russian cases.
Maybe we encourage them easily if we encourage first our local government to use or accept bitcoin in local businesses. Because if we direct to tell them maybe they can not believe on us. But if we explain in government how use it and teach them how to transfer in easy way maybe they can publish it to our area that bitcoin can use in local business.
The problem is not many people know about bitcoin, especially in my country. So, if a shop accepted bitcoin, it's like a useless move. Because nobody in my area using bitcoin.
we should show them how the bitcoin works. we have to prove its existence and the big question ia that bitcoin price is so voilent
Nothing can happen by just showing them how bitcoin works or its existence until the government of that country gives freedom to everyone for using bitcoin because without permission no business can adopt any new currency just like that.
You know we are already doing online business like trading and investment, and thats all are accepted bitcoins, and we have no problem in it, so it has clear mean that we are encouraging the bitcoins, but in high level it takes sometime. But bitcoin is already going fast so may be within 10 years bitcoin also achieved more levels.
If we are talking about trading and investment so that all are kinds of business, and really we can use bitcoin in it, and faces the no problem. But in pure business i don't think that we can use bitcoin easily. Because in official level and also in government level have many problems, and also it is a time taking work.
It really take more time to work with it, but if government will see the benifits and potential of this coin provably they will take the advantages of it and adopt its usefullness, and maybe that could be a trigger for business sector to accept bitcoin in their business venture, and also if business man will also see the numbers of bitcoin users in the world well theirs a big provabilities that shops will totally accept bitcoins but as i've seen it nowadays their are numerous stores are currently accepting bitcoins nowadays and maybe in this upcoming future bitcoin shop acceptance will spread more and more.
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