How can we encourage local businesses to accept BTC? - page 86.

diegz

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Quote from: buyinbtc on February 12, 2016, 12:53:55 PM

first they need to know what is it and how it works,once they'll have enough info i'm sure that they will start accepting them

It would be a little difficult. most of their capital is fiat, but if we educate them about bitcoin, and they are convinced then they're in.. but I think it needs to start from their boss, if the boss is open to bitcoin idea, then its good..

busybee7

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Thing is, that a lot of people still use normal money and not bitcoins, so i don't think they would accept bitcoins for 5 persons

buyinbtc

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first they need to know what is it and how it works,once they'll have enough info i'm sure that they will start accepting them

xuan87

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it is little difficult, the first you need to explain and introduce to them what is bitcoin, after that you need to convert bitcoin to fiat every day to state the selling bitcoin price and then does infrastructure for bitcoin payment already available for the store

I think to encourage still need a lot of things to cover and to improve

valta4065

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Quote from: Newcoins2020 on February 08, 2016, 10:06:13 AM

I think its pretty difficult to do that, because it has a bad name.
The most stores are not convinced by the bitcoin.

I think it will come but it will take several years before it would happen.

By bad name what do you mean?

You're talking about btc reputation? Well true it's not perfectly shiny... You could always try to explain of course, but yeah not sure it'll work out perfectly well ... Embarrassed

Or do you really talk about the name of btc? Like from a marketing perspective? Cause if that's it... Well I totally disagree ^^
Btc marketing is excellent, good name, good image, good spreading ^^

Newcoins2020

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I think its pretty difficult to do that, because it has a bad name.
The most stores are not convinced by the bitcoin.

I think it will come but it will take several years before it would happen.

diegz

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Quote from: virtualdn on February 06, 2016, 06:13:13 PM

Promote BTC to your friends who own businesses... it's a great way to make them accept BTC in their stores...

yeah, that is one of the best way to convince businessman to start using bitcoin, by promoting bitcoin to your friends first. mostly small businesses are the best to start with and easier to convinced...

virtualdn

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Promote BTC to your friends who own businesses... it's a great way to make them accept BTC in their stores...

Kprawn

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We did a little experiment today with one of the smaller merchants in our city. We {7 people} went there at different times of the day, and we thanked the merchant for

accepting Bitcoin payment. He obviously did not know what we were talking about, and we told him that a speaker at one of our Bitcoin meetups, told us that they were

accepting Bitcoins. This was obviously not true and just part of the experiment... He quickly got intrigued and wanted to know more... We re-directed him to a Bitcoin

payment processor. In a week we will go back and see if they accept Bitcoins now. Wink

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Quote from: SFR10 on November 19, 2015, 12:14:43 AM

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" .

Well, the main point to make businesses accept bitcoin is coming and say:

"hey! You know how you pay 3 taxes each time you sell something? And you know how less and less people use cash so you have to pay taxes on it too?
Well good news! On bitcoin the only tax you pay is the fee to send the money in your pocket! And it's around half a cent each time!"

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Quote from: krishna1 on February 01, 2016, 11:23:52 AM

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

With the violent bitcoin price, it means the local business will not keep the bitcoin they receive. So they will have to sell straight away.

Riricos

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Get some fair points out there

Money is getting more Digital nowadays
Less physical currency in the stores will make robbers less to rob stores

Phones being used to pay in certain stores now

But inform them about the virtual safety i guess

krishna1

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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

jackg

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https://bit.ly/387FXHi lightning theory

Larger companies like Tesco, Morrisons and Argos in the UK could use a clic-and-collect style system with people already in ther store. This wouldmean that their system could detect payments as fast as normal ordering systems and a user would be able to order with Bitcoin. Even if they were to use a large company like Coinbase to make their transactions directly converted from BTC to £.

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Price volatility is the major problem here - If you are running online store, you could have prices changing dynamically according to the BTC/USD rate. But what if you are running brick and mortar shop, where every product has it's own paper price label?

Moreover, there is general factor of insecurity related to the price fluctuations, what could discourage people to adopt BTC.

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RIP Mommy

Yelp has an "Accepts Bitcoin" flag: http://officialblog.yelp.com/2014/04/now-on-yelp-businesses-that-accept-bitcoin.html

Unfortunately when I type "bitcoin" and "accepts bitcoin" in the search, it doesn't filter to only bitcoin-accepting businesses.

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Quote from: Anegg on January 24, 2016, 06:51:45 PM

Quote from: kevin go on January 19, 2016, 07:58:13 PM

not easy i think, not many people know btc
first thing we must get them to know what is btc, especially in my country alot of people still confusing what is bitcoin
we need more promotion like putting bitcoin billboard, sticker and etc so they will wondering what is btc?and then try to research it..
hopefully they will know

Thats the same with my country. There are no stores that accept Bitcoin. It really sucks.

Just be patient. In a few years, there will be numerous stores in every country to accept bitcoin.

jt byte

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The problem with local businesses is that they are not owned by techie people.
Explaining them how bitcoin works will be a big challenge.

An ever big challenge will be to learn them how they can accept bitcoin.
Proper documentation and guides are key to achieve such a thing.

Anegg

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Quote from: kevin go on January 19, 2016, 07:58:13 PM

not easy i think, not many people know btc
first thing we must get them to know what is btc, especially in my country alot of people still confusing what is bitcoin
we need more promotion like putting bitcoin billboard, sticker and etc so they will wondering what is btc?and then try to research it..
hopefully they will know

Thats the same with my country. There are no stores that accept Bitcoin. It really sucks.

MaritiJames3

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Quote from: pinoycash on January 24, 2016, 10:41:55 AM

I ask one of my co business owners they can add BTC if the confirmation is instant. Grin

Why the confirmation. The transfer is instant they can look it up right away. It's very uncommon for a transfer not to go true.
So they should add it, if that's their only problem with bitcoin.

Topic: How can we encourage local businesses to accept BTC? - page 86. (Read 184968 times)