Topic: How to Increase Bitcoin adoption - page 4. (Read 931 times)
Thats really an appreciable way to enhance the usage of bitcoin. What we do now slowly gets reflected as profit in the long run as the usage of bitcoin and other cryptocurrencies continue to increase. In ten years of time what it has reached is very big, and in this manner surely it'll go to mainstream usage. All community members need to make something paving way for increase the usage.
i am sure , there is no way to increase bitcoin adoption, no before lightning network applied.
we talk not about how many people recognizing bitcoin , but we talk about how efficient bitcoin it self.
and for now, i just see bitcoin just used for online payment, like online gambling , buy VPN/RDP , but for dialy life , its still hard to beat such as credit card etc.
but on another perspective , i think btc is no need for such things , i guess btc will be like gold , and another coin will be used for thing like u say.
we talk not about how many people recognizing bitcoin , but we talk about how efficient bitcoin it self.
and for now, i just see bitcoin just used for online payment, like online gambling , buy VPN/RDP , but for dialy life , its still hard to beat such as credit card etc.
but on another perspective , i think btc is no need for such things , i guess btc will be like gold , and another coin will be used for thing like u say.
I'm sure that OP is my fellow Filipino due to the delicacy that he offers on the menu and I really appreciate his work. Can I know where is your physical store lo ated if there is one or is this is just a prototype?
Good luck with this, but mass adoption is still far away. For that to happen, crypto education must happen in an easy to understand way.
What do you mean about we are still far away in mass adoption? As of now more companies and commercial establishment are now using blockchain technologies and we can now see some online and offline store who adopt bitcoin payment and still you think we are still far away in mass adoption. You can see how the OP apply Bitcoin and Ethereum on his project and on how he going to start the adoption in small businesses. We should always start in a small thing until it grows so we can determined what are things that we need to upgrade or to develop and by just doing this kind of stuff we can totally spread the word "BITCOIN" to the other people. 
Sorry, design of this is not so good. Only adoption of local law will help with crypto adoption
mate we need to start in local first before other countries,this is OP's contribution for the adoption of Bitcoin and of course other cryptocurrency.i think what good you can contribute is to do the same in your Local so criticism wont take place from you.
remember that it is good to do small apart than nothing at all.
to Op just continue your actions because this is a big help for our long awaited worldwide adoption.
Certainly, promoting Bitcoin to many small businesses and showing them the advantage of adopting and accepting Bitcoin for their operation can be helping a lot. However, this is just one side of the story. The other side is encouraging more and more Bitcoin holders to be spending their digital assets on everyday transactions. I think that if there is a huge demand for anything, merchants will do anything to be on board. The biggest problem is that more and more Bitcoin owners are holding on to their wallets because we are speculating that Bitcoin will be going up soon. And since many Bitcoin holders do not have a regular source of Bitcoin, there is that tendency not to use Bitcoin to buy or sell but just leaving them on wallets of our choice. How do you convince a merchant to integrate Bitcoin if there is a less chance that he can see a rise of business transactions? Will it not just be a big waste of time on the side of the business? It would have been different if we are all receiving our salaries in Bitcoin because we are assured of regular supply of the coin then we will have the greater tendency to spend them.
This is what it could look like when adoption becomes widespread in retail stores, and involving it into POS is a possibility. The design has lots of room for improvement though. By saying the system is 'working', do you mean that you have already partnered or made your own backend software that would confirm sent cryptocurrencies to a newly generated address and immediately convert it to local currency, or it's working for computations only on local currency and what you did is just slap on a QR code of an address? If the latter is what you did, then market price changes would affect the business profit and auditing, because profits and overall revenue prices won't match at all.
because the language in your layout is Filipino "peso", what about coins.ph? maybe you can integrate it to make it easier for customers. Little input regarding payment, maybe people will have difficulty understanding bitcoin, what if you write "discount if paying using bitcoin", if it's too expensive you can use tron with a nominal that is easier to understand, faster transactions and low fees. the most important thing is adoption first, right?
so I take $1000 from my bank account to buy bitcoin, guess what amount of bitcoin i get in my bitcoin wallet? I get $800 in bitcoin. That means I lose $200 because of the fees.
Where did you get $200 fees, which exchange apply such high fees to buy bitcoin, 20% fee? LoL
Just in your imagination.
There are many people who have bitcoin even not a miner still want to use bitcoin for the daily transaction instead of using fiat cash although it's not so attractive and faster. For bitcoiners, using bitcoin at least one time in your life to purchase something is a joy in the heart.
Your idea is very good, but using bitcoin to buy things is something more difficult. I will give an example of my case. I'm not a miner, that means for me to have bitcoin I have to buy bitcoin, right? so I take $1000 from my bank account to buy bitcoin, guess what amount of bitcoin i get in my bitcoin wallet? I get $800 in bitcoin. That means I lose $200 because of the fees.
so if a coke costs 5 $, what would be the best option for me to have coke? buy coke with my bitcoins or buy coke with fiat?
I will buy coca cola with Fiat and my bitcoins will use to hold.
Most people may want to buy things using their bitcoins, but they can only do so if they are miners, casino owners who accept bitcoins as a means of payment, exchange owners, mixer site owners or some investor who buy bitcoins and make a lot of profit
so if a coke costs 5 $, what would be the best option for me to have coke? buy coke with my bitcoins or buy coke with fiat?
I will buy coca cola with Fiat and my bitcoins will use to hold.
Most people may want to buy things using their bitcoins, but they can only do so if they are miners, casino owners who accept bitcoins as a means of payment, exchange owners, mixer site owners or some investor who buy bitcoins and make a lot of profit
I got your point, meaning to say that we could look at the possibilities to utilize other cryptocurrencies or altcoins in the market that will suits best the every transactions of the people right? In this case we could look at XRP or Ethereum for a more suitable crypto with low transactions fee. But maybe if the amount of products is too high, that will be the time bitcoin is effective.
Your idea is very good, but using bitcoin to buy things is something more difficult. I will give an example of my case. I'm not a miner, that means for me to have bitcoin I have to buy bitcoin, right? so I take $1000 from my bank account to buy bitcoin, guess what amount of bitcoin i get in my bitcoin wallet? I get $800 in bitcoin. That means I lose $200 because of the fees.
so if a coke costs 5 $, what would be the best option for me to have coke? buy coke with my bitcoins or buy coke with fiat?
I will buy coca cola with Fiat and my bitcoins will use to hold.
Most people may want to buy things using their bitcoins, but they can only do so if they are miners, casino owners who accept bitcoins as a means of payment, exchange owners, mixer site owners or some investor who buy bitcoins and make a lot of profit
so if a coke costs 5 $, what would be the best option for me to have coke? buy coke with my bitcoins or buy coke with fiat?
I will buy coca cola with Fiat and my bitcoins will use to hold.
Most people may want to buy things using their bitcoins, but they can only do so if they are miners, casino owners who accept bitcoins as a means of payment, exchange owners, mixer site owners or some investor who buy bitcoins and make a lot of profit
Good job. I appreciate the work , all-over merchants should increase bitcoin adoption. People will definitely start using bitcoin. Should start using in our day to day life, If people start using it one day government also gonna accept , but should wait for that. As you have thought if every merchants starts accepting bitcoin then definitely its a boom.
Good Luck Man.
Good Luck Man.
It's quite difficult for these potential merchants who will adopt the virtual/digital currency, because they're lacking enough knowledge on bitcoin. To increase the adoption rate, it should start from scratch and learning process should initiate good outcome before wisdom be absorbed by many people. Without conviction and determinations they won't be attracted with cryptocurrency, due to less awareness and worst, some FUD might influence these people whose newly involved in crypto.
Good job. I appreciate the work , all-over merchants should increase bitcoin adoption. People will definitely start using bitcoin. Should start using in our day to day life, If people start using it one day government also gonna accept , but should wait for that. As you have thought if every merchants starts accepting bitcoin then definitely its a boom.
Good Luck Man.
Indeed, it's a great start to improve bitcoin adoption though it will never be easy because there are some governments who are against with bitcoin until now. It's difficult because bitcoin was already able to prove itself that it is beneficial and it is capable on giving us opportunities yet they are looking on a negative side of it. Good to see that someone is finding some way to make people get into bitcoin, I also hope that someday government will finally realize the the opportunity that they have lost. Good Luck Man.
I presume you're from the Philippines given the choices of food on the menu? Tapsi is my favorite, along with goto Batangas. 
Anyway, local adoption would always go through a payment processor, such as Bitpay or even Coins.ph for the lazy merchants. Digital banking partners such as Gcash, Paymaya and the likes are getting a head start on this race though, while bitcoin is still regarded as alien by most people.
It will take time before things start to get really good for bitcoin adoption, moreso the merchants accepting such payments and customers willing to pay for cryptocurrencies. For now, one can only hope that bitcoin gets the boost it needs on the side of usability and not necessarily price.
Btw, the effort is good, but the design should be improved if you want to get people interested with your work.
I agree! Im from PH Too, I think people will start to have an interest in cryptocurrency with the ads that you will gonna put in your service, you may also advertise it in internet so that many people will find your store maybe they will purchase also the software you made, it is good business too. Anyway, local adoption would always go through a payment processor, such as Bitpay or even Coins.ph for the lazy merchants. Digital banking partners such as Gcash, Paymaya and the likes are getting a head start on this race though, while bitcoin is still regarded as alien by most people.
It will take time before things start to get really good for bitcoin adoption, moreso the merchants accepting such payments and customers willing to pay for cryptocurrencies. For now, one can only hope that bitcoin gets the boost it needs on the side of usability and not necessarily price.
Btw, the effort is good, but the design should be improved if you want to get people interested with your work.
Good luck with this, but mass adoption is still far away. For that to happen, crypto education must happen in an easy to understand way.
Good job. I appreciate the work , all-over merchants should increase bitcoin adoption. People will definitely start using bitcoin. Should start using in our day to day life, If people start using it one day government also gonna accept , but should wait for that. As you have thought if every merchants starts accepting bitcoin then definitely its a boom.
Good Luck Man.
Good Luck Man.
Looks interesting. Does it work now or you're testing?
I think this will work well with bitcoin lightening network... It's more appropriate for vending machine-like service. Unless customers have to pay before service then eat/drink while the transactions confirm.
This may not work smoothly in all countries due to regulations and laws. Maybe unless customers buy online, through ussd codes or something similar.
I think this will work well with bitcoin lightening network... It's more appropriate for vending machine-like service. Unless customers have to pay before service then eat/drink while the transactions confirm.
This may not work smoothly in all countries due to regulations and laws. Maybe unless customers buy online, through ussd codes or something similar.
I presume you're from the Philippines given the choices of food on the menu? Tapsi is my favorite, along with goto Batangas.
Anyway, local adoption would always go through a payment processor, such as Bitpay or even Coins.ph for the lazy merchants. Digital banking partners such as Gcash, Paymaya and the likes are getting a head start on this race though, while bitcoin is still regarded as alien by most people.
It will take time before things start to get really good for bitcoin adoption, moreso the merchants accepting such payments and customers willing to pay for cryptocurrencies. For now, one can only hope that bitcoin gets the boost it needs on the side of usability and not necessarily price.
Btw, the effort is good, but the design should be improved if you want to get people interested with your work.
Anyway, local adoption would always go through a payment processor, such as Bitpay or even Coins.ph for the lazy merchants. Digital banking partners such as Gcash, Paymaya and the likes are getting a head start on this race though, while bitcoin is still regarded as alien by most people.
It will take time before things start to get really good for bitcoin adoption, moreso the merchants accepting such payments and customers willing to pay for cryptocurrencies. For now, one can only hope that bitcoin gets the boost it needs on the side of usability and not necessarily price.
Btw, the effort is good, but the design should be improved if you want to get people interested with your work.
This is a good individual initiative. Great job! I always believe that the best way for the adoption of crypto is when it is actually used on the ground, in real life, in the day to day life of ordinary people. It will happen when merchants and business owners like you will start to accept it as payment. This will send the best message to crypto owners and those who, until now, do not treat cryptocurrency as real money because they cannot actually spend it-- that cryptocurrency is real money. That businesses will accept them as payment for as basic stuff as your daily meal. This will also alert the authorities that indeed cryptocurrency is real money because it is being accepted in stores and restaurants. And from there, they will be compelled to come up with policies in line with it.
The idea is what people are needed when you want to increase the adoption rate in a certain country.
I like the idea and we're both in the same country, so I support your idea.
The design lacks improvement, but it is fine since there is always a lot of space for improvement.
I like the idea and we're both in the same country, so I support your idea.
The design lacks improvement, but it is fine since there is always a lot of space for improvement.
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