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Topic: How do I persuade local businesses to start accepting bitcoin ? - page 2. (Read 1394 times)

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Do I approach some smaller independent shops and offer to underwrite / guarantee the currency - ie obviously there isn't going to be much trade for a fair while but if there existed a "float" that could be used to indemnify any trader who - for some reason - found they couldn't cash in their coins - do you think that would be sufficient to tip some over the edge ?

Also - could we crowdsource this float and make it available to a number of businesses? We wouldn't actually need to touch it in any circumstances unless of course there was a massive FX deflation.

In return, we could offer publicity, perhaps even a guarantee of trade (for the more popular of areas) ie central cities ?

Any views?

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