Pages:
Author

Topic: How can we encourage local businesses to accept BTC? - page 89. (Read 184968 times)

legendary
Activity: 1316
Merit: 1004
When the bitcoin price rise, it will be reported in main stream media. Local business owners might see the reports and try bitcoin.

So far the media are not exactly behind Bitcoin. Most bitcoin related news is negative not objective and sometimes even false.
To encourage local businesses we should trigger and approach them.

The reason news outlets don't portray Bitcoin in any positive light, is because of the fact that most news outlets are indirectly controlled or influenced by government. We are passed the "laugh at them" phase, and now they are trying to remain on the "ignore them/discredit them" phase, before they have to embark on the "join them" phase.

Until more people can see the benefits from a limited, digital, and p2p verifiable currency; then the government still finds them self not feel as threatened. When you start seeing major celebrities, or other influential people start supporting Bitcoin and our cause, by "tweeting" about it and celebrating it on social media, then that's when you'll start seeing some backlash from government.
sr. member
Activity: 280
Merit: 250
When the bitcoin price rise, it will be reported in main stream media. Local business owners might see the reports and try bitcoin.

So far the media are not exactly behind Bitcoin. Most bitcoin related news is negative not objective and sometimes even false.
To encourage local businesses we should trigger and approach them.
full member
Activity: 227
Merit: 100
When the bitcoin price rise, it will be reported in main stream media. Local business owners might see the reports and try bitcoin.
legendary
Activity: 1330
Merit: 1019
If the business is sending money to other country.
Than I think is good to tell them that Bitcoin is a solution because is faster and cheaper.

The point is that its very fast in sending the bitcoins money to any one around the world. So if we all educate the local business owners in every countries then then the day will come when everyone accepts bitcoins and give bitcoins in digital wallet for any transactions.
newbie
Activity: 81
Merit: 0
Help them out with installing a system, most people aren't bothered to do it themselves. So if you offer to help them, they might consider doing it.

I thought bitpay and coinbase have teams to do that. They are established bitcoin payment processors. They benefit from payment processing.
hero member
Activity: 700
Merit: 500
Help them out with installing a system, most people aren't bothered to do it themselves. So if you offer to help them, they might consider doing it.
legendary
Activity: 1316
Merit: 1004
I think the easiest way is still a payment processor.
- registration is free
- they receive the full amount without paying any fees
- there is no risk of holding any bitcoins
- receiving fiat currencies is easier to handle for them in terms of accounting, taxes etc.
basically its just like paypal minus the fees.
They dont even have to know anything about bitcoins.

Once they accept bitcoin and do actually have a significant number of bitcoin customers they can allways switch to accepting bitcoins directly and selling them on their own.




The problem with this, still, is the problem with confirmation times in Bitcoin. If you are buying something expensive like an engagement ring or something like that, then sure, tx times don't really matter as much because the business is usually not that busy all the time, but say like at a fast food service, or somewhere that is constantly busy with people waiting behind you, you don't have the convenience of having to wait for the next block to be solved.

I think every online business can use what you where talking about though, but since it's "local" I would think that you are buying something in person.
newbie
Activity: 2
Merit: 0
I think the easiest way is still a payment processor.
- registration is free
- they receive the full amount without paying any fees
- there is no risk of holding any bitcoins
- receiving fiat currencies is easier to handle for them in terms of accounting, taxes etc.
basically its just like paypal minus the fees.
They dont even have to know anything about bitcoins.

Once they accept bitcoin and do actually have a significant number of bitcoin customers they can allways switch to accepting bitcoins directly and selling them on their own.


sr. member
Activity: 412
Merit: 251
Maybe sellers who fund retailers could give a discount for people who pay in bitcoin. This will encourage retailers to use bitcoin, and in turn, maybe ask their customers for bitcoin for their good.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
I always use this method, when I approach them. I ask them if they accept Bitcoin. If the reply is NO, I ask Why not?

~ If they say, What is Bitcoin - I would explain it shortly and direct them to online Bitcoin processors.
~ If they say, What is the advantage for them? - I would highlight the cost savings and the edge they have over
   other companies that did not accept it yet.
~ If they say, There is not enough demand for it - I send friends to their business to ask this same question.

It works 9 out of 10 times for me. Try that, it just works. ^hmf^
legendary
Activity: 1316
Merit: 1004
This is what I do:

1) Don't buy from them if they don't accept bitcoin. When I have extra time, I'll let their manager know that if they accepted the easiest non-paper payment method on earth to accept... they would not only get me as a customer, but a very loyal customer. When it is companies like a coffee place, i'll tell them why I buy Starbucks coffee instead of their coffee: simply because I can buy a gift card for Starbucks with bitcoin.

2) When EVER I tip someone, it's in bitcoin. Don't have a bitcoin wallet on your smart phone, eh? Then sorry... no tip for you. Actually, I've tipped easily over 100 individuals. I've only had 2 people refuse a tip--1 person who's phone died and they wouldn't accept a paper wallet, and another person who rudely tried to educate me on how to write a tip amount onto a merchant receipt. If it were worth my time, I would've showed them how to download apps on their phone Smiley

I mean that's great and all to try and promote Bitcoin that way, I mean I'm still working through an internship program at the moment and work in the food/service industry still and would love to get a tip and talk about Bitcoin with someone like yourself, but fuck... Just because they don't feel like learning something when they are probably extremely busy and just want the convenience in receiving a normal tip is to be expected, shouldn't be considered "rude". They work hard, and litterally served you.. Why should you deny them tip when they are probably working for way under minimum wage?

If I were you I would still offer the Bitcoin tips and promote them to getting a wallet, but if they don't want it, just say ok and move on to giving them that dirty fiat. You're essentially trying to tell them that fiat is no good and they should accept your digital gold, and it would make more of a statement if you tipped them more in fiat than you would have in Bitcoin.

I would also suggest making a little business card or flyer to leave business or people who serve you, so when they do have a chance to sit down and relax after a hard days work, they might get really interested in what you had to say after all, and start reading what you left them. You don't have to completely stiff them a tip, now that's "rude".
sr. member
Activity: 285
Merit: 250
Even with the volatility risk, I think that business who accept Bitcoin could have a significant advantage from their competitors as more and more people become aware of Bitcoin everyday.
IMO, business who accept Bitcoins can attract a new type of customers and makes them loyal.
legendary
Activity: 1974
Merit: 1003
its very hard to explain bitcoin to a non-computer guy, no matte the age ...
full member
Activity: 227
Merit: 100
I asked a friend t accept bitcoin. He told me it is too risky. The price is too volatile, he does not know the price for the next day.
sr. member
Activity: 826
Merit: 263
It is really not easy since a low percentage of people know Bitcoin, especially explain to merchands.
It is easier to explain to people who send/receive money internacionally the benefits of using Bitcoin.
Introducing friends to start at Bitcoin world even collecting some sats from faucets is also a good idea.

Yess i agree, in this case we need some support to convince our local business to start accepting bitcoin.
The most affected support i think is government. Once they declare to support bitcoin , it will make easy task to do this.
Nah, I agree over these two guys, your point is so great. yeah, government will takes great impact if they "say" will adopting bitcoin, then we'll see bitcoin will be well known for a huge people..
hero member
Activity: 1624
Merit: 645
tell them about bitcoin is ease to use.
Bitcoin is a great alternative because of the ease of use, ease of storage, security of storage,and it's also the only thing in the world you can send halfway around the world in less time than it takes to snap your fingers, and for free.

But unfortunately bitcoin is not that easy to use, besides they will probably want to exchange the bitcoins into cash sooner or later, there are systems for online business but for physical business using bitcoins is a bit more complicated.
hero member
Activity: 518
Merit: 500
tell the about all advantage of bitcoin,the them that you also easy to use bitcoin.
tell them bitcoin is a great alternative because of the ease of use, ease of storage, security of storage,and it's also the only thing in the world you can send halfway around the world in less time than it takes to snap your fingers, and for free.
legendary
Activity: 2492
Merit: 1018
Just when you see that chart and bitcoin value if going up, you might want to announce discount sale and maybe 20% discount for buyers who will use BTC to buy your items. Once people asks about what BTC is, you show them some inforgraphic of BTC, there are infographics that already exist online.

Sooner they might just buy btcs to you Smiley
legendary
Activity: 2674
Merit: 1048
It is really not easy since a low percentage of people know Bitcoin, especially explain to merchands.
It is easier to explain to people who send/receive money internacionally the benefits of using Bitcoin.
Introducing friends to start at Bitcoin world even collecting some sats from faucets is also a good idea.

Yess i agree, in this case we need some support to convince our local business to start accepting bitcoin.
The most affected support i think is government. Once they declare to support bitcoin , it will make easy task to do this.
hero member
Activity: 853
Merit: 500
It is really not easy since a low percentage of people know Bitcoin, especially explain to merchands.
It is easier to explain to people who send/receive money internacionally the benefits of using Bitcoin.
Introducing friends to start at Bitcoin world even collecting some sats from faucets is also a good idea.
Pages:
Jump to: