How can we encourage local businesses to accept BTC? - page 9.

kevpantof

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Quote from: koinov on December 13, 2017, 05:02:00 AM

Now all crypto enthusiasts is a minority group and I doubt our efforts will end up with luck.

But maybe we can encourage local businesses by asking about possibility to pay in BTC by e-mailing them.

That;s what came to my mind.

The real dilemma of this present world is that there is a very huge population which are even unaware of the word of crypto currency. They don’t know what is bitcoin and what all benefits and advantages they can have in their lives by believing in bitcoin.

In my opinion, if we succeed in spreading awareness amongst all those who are there in local business market, there are likely chances that they will start accepting bitcoin.

Jenapza

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I agree but need to consider the legality of BTC in a country, if there is no legality will certainly complicate the use of BTC in the region. In addition, education about cryptocurrency should be campaigned to all parties concerned in order to facilitate the use. We should have basic local bitcoin infrastructure implemented, like bitcoin payment processors, exchange liquidity, local acceptance rate etc. Otherwise the local merchants have no point to pay extra for installing such system to accept BTC.

koinov

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Now all crypto enthusiasts is a minority group and I doubt our efforts will end up with luck.

But maybe we can encourage local businesses by asking about possibility to pay in BTC by e-mailing them.

That;s what came to my mind.

apoorvlathey

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I think we should start spreading the awareness about the cryptocurrencies because most of the common people as well as small businesses don't know about bitcoins yet. We should spread it on social media highlighting its benefits to them.
Although currently for small transactions, people have to pay high transaction fees as well as wait for long time ...... but we have to start from somewhere and use bitcoin as it was meant to be - as a currency.

diegz

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Quote from: Mobshady24 on December 12, 2017, 02:11:34 AM

Presenting the bitcoin very well and detailed might help, if you can teach them and help them understand how to bitcoin works and how secured it is you can possibly encouraged to accept bitcoin for transactions. Presenting facts will be a good technique as well and pointing negative facts as well so they can evaluate if those risk are significant that could affect their business in a bad way.

Yeah, showing them both sides of bitcoin could really help them decide whether they would accept bitcoin or not. Presenting bitcoin, sugarcoating everything might lead to misunderstanding between you and the merchant. So better show both sides, so they won't just enter bitcoin world and later on regret it because they've seen something they don't like about it.

Mobshady24

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Presenting the bitcoin very well and detailed might help, if you can teach them and help them understand how to bitcoin works and how secured it is you can possibly encouraged to accept bitcoin for transactions. Presenting facts will be a good technique as well and pointing negative facts as well so they can evaluate if those risk are significant that could affect their business in a bad way.

Protected101

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Let them learn the importance of cryptocurrency before you encourage them in acceptance btc as a payment.I think we need to spreadout the benefits and good features of digital currency when they enage in businesses.

wledgewil

member

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If we are the product owner releasing commodity in the economy then we shall keep a purchase mode as bitcoin. This makes the audience learn, understand about bitcoin.
Also when you wish to make salary payments etc try to generate their money in bitcoin and try to get some additional profit for them and pay them along with a bitcoin talk seminar or presentation, this let them start a new life. I feel if you directly welcome the local small business men into a seminar of bitcoin, they may feel tensed sometimes and lead a chance to loose trust on you.

Sasuke102001

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To be really frank how much ever we encourage local businesses to accept bitcoin and work with, they won't in my view because it is ultimately the government which decides what currency can be used in their country and the local businesses would follow that. So it is up to the government for encouraging the use of Bitcoin in their country. It would have a better effect than us trying to encourage local businesses to use bitcoin. Like encouraging local businesses in my country is useless because the government has already stated digital currency will nit be considered as legal tender in the country.

doomloop

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Quote from: 1BTC EQUALS 1CAR on December 09, 2017, 09:33:21 PM

Spread awareness or either start a business that accepts btc and other crypto so there will be a lot of exposure and more people will know it.

The most basic thing which all need to do is to make people aware of this concept of bitcoin. Still there is a huge population who do not have any kind of knowledge about bitcoin. In fact they don’t even know about this word of crypto currencies. Secondly, the role of government will carry a significant importance in this regard. If government declares this bitcoin as legal currency, then there will be n problem for the local business to accept bitcoin.

alj024

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For me. You have to open their mind in the current status of it, how the value increases and decreases.
As other say also make some remarkable about bitcoin and make it more attractive for them to be persuade if you pursue it.
One more thing, maybe it depends on the country you belong to, there are countries that only few knew about bitcoin but there are also country who is open to use bitcoin in their business and many are using it

RKSummer

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Quote from: bitcoin-hunter on November 22, 2015, 02:42:00 PM

Quote from: bitbaby on November 21, 2015, 10:09:06 PM

It's not as easy as you think, they're not going to start accepting because one person wants to pay with it, with time more people will start to use BTC and then it will happen automatically but still you can plant the idea in their head and explain to them what it is but only if they seem interested.

Better idea is if you use some online stores/services tell them how you would have loved to pay with bitcoin.

Thing is with services as bitpay you are a thief of your own wallet if you don't accept it.

There are no risks because of the instant conversation.

Maybe, we should share them our knowledge about bitcoin. We should spread what are the benefits and advantages of using bitcoin.Let's spread bitcoin awareness thru social media (It's a good idea, I guess).

1BTC EQUALS 1CAR

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Spread awareness or either start a business that accepts btc and other crypto so there will be a lot of exposure and more people will know it.

batang_bitcoin

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Quote from: ?? on ??

If we told them how bitcoin can help the community financialy, and convince them that there are plenty of bitcoin users out there, maybe they can manage to accept BTC as a mode of payment.

Some businessman doesn't care about the community, they started to build their business thinking about themselves so if you'll tell them that they will mostly benefit on accepting bitcoin, they will be interested with it. Just tell them that when they started to accept bitcoin, they have currency and having an investment altogether. They are businessman and they are looking for the things that they can make money all the time.

pisston

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Quote from: Uno17 on December 09, 2017, 01:25:56 AM

Maybe not for now but i guess in the future local businesses also would patronize and accept bitcoin as one of the currency in the matket, by spreading some informations to families and friends eventually it will spread itself the goodnews of bitcoins, just by spreading and sharing ideas is enough that it will eventually be accepted in some local businesses...

we must understand that all actions Bitcoin users will be very significant if they will pay attention not only managers, but the real owners of the company who should see the prospect of using crypto currency. I just do not know what to do for this, but maybe if someone has ideas to create their projects or even the same stores, using crypto currency, then it needs to be done at all costs.

Uno17

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Maybe not for now but i guess in the future local businesses also would patronize and accept bitcoin as one of the currency in the matket, by spreading some informations to families and friends eventually it will spread itself the goodnews of bitcoins, just by spreading and sharing ideas is enough that it will eventually be accepted in some local businesses...

MyIdeas

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Quote from: koinov on December 08, 2017, 08:15:42 AM

We shoul talk about it and post in local FB groups as much as we can.

The best practice which can help us in encouraging the ones who are there in the local business market is to make them very well aware about all the things related to bitcoin and crypto currency. Other than this, we also need to give them a detailed description about how things work in the world of bitcoin. In addition to this, we also need to make them understand the real need of having bitcoin and things like that.

krampus854

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It is not that easy in encouraging some people to use bitcoin as a mode of payment until today , but there are some people that are accepting bitcoin due to the over price of the bitcoin now, later on it will be so popular many people will understand it.

koinov

newbie

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We shoul talk about it and post in local FB groups as much as we can.

Sall-Mo

newbie

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I think it's hard for local businesses to accept BTC.Because some countries policy that BTC cannot become legal currency, so under such policies, enterprise is difficult to accept the BTC, and the value of the BTC fluctuations, enterprises can't take such a risk

Topic: How can we encourage local businesses to accept BTC? - page 9. (Read 184968 times)