I now accept bitcoin payments in my Beauty shop

GbitG

sr. member

Activity: 854

Merit: 364

I ❤️Bitcoin

Quote from: adpinbr on June 16, 2024, 04:39:30 AM

First of all congratulation to your new development by accepting cryptocurrency in your daily transaction in your shop but sometimes I feel like the price of what you are accepting in bitcoin is not that much I believe the transaction fees may be the the problem there now,well it is a good and mush way to reach out to people who are looking for a way to pay what ever via BTC, people prefer making payments in bitcoin sometimes but we may not really understand some people do not really want to even go close to bank or do anything with bank, so they prefer using the bitcoin as a means of exchange for them

Those who aren't interested in using traditional financial systems such as banks aren't wrong and most of them might also hate it because of their local currencies are getting devalued due to high inflation within the country. Some currencies lose a lot of value and in such a situation, if someone has some money, that money would lose purchasing power which isn't something pleasant in my opinion, and no one would want to experience something like that.
When you have your money in Bitcoin, it is safe from such things. I know that the price of Bitcoin isn't stable and it tends to go up and down, but it at least can regain its value over time, so those who can buy Bitcoin low and keep it, can save us from economic problems they might be facing.
People in countries such as Nigeria can greatly benefit from this.

0t3p0t

sr. member

Activity: 1736

Merit: 357

Peace be with you!

Good to hear that you accept Bitcoin payment on your business OP, no doubt Bitcoiners on your area right now are excited to visit your shop to avail your services in exchange of Bitcoin. Not only that because people who are not aware of Bitcoin will soon ask you and shed them light about it and that idea will give them the chance to grab the opportunity of getting the potential of Bitcoin with their lives. Nigeria is a Bitcoin friendly country so yeah I am happy that customers now have more payment options. I wish you all the best and good luck!

kotajikikox

full member

Activity: 2548

Merit: 217

Quote from: adpinbr on June 16, 2024, 04:39:30 AM

people prefer making payments in bitcoin sometimes but we may not really understand some people do not really want to even go close to bank or do anything with bank, so they prefer using the bitcoin as a means of exchange for them

There are people who do not want to carry cash on them due to many reasons but one of them is for safety purposes. But some of these people are also unbanked which creates a complication.

This is where crypto or bitcoin comes in. People now have another option and that is what is appreciated in adding bitcoin/crypto as a payment method

adpinbr

sr. member

Activity: 1078

Merit: 254

First of all congratulation to your new development by accepting cryptocurrency in your daily transaction in your shop but sometimes I feel like the price of what you are accepting in bitcoin is not that much I believe the transaction fees may be the the problem there now,well it is a good and mush way to reach out to people who are looking for a way to pay what ever via BTC, people prefer making payments in bitcoin sometimes but we may not really understand some people do not really want to even go close to bank or do anything with bank, so they prefer using the bitcoin as a means of exchange for them

Zlantann

legendary

Activity: 1050

Merit: 1100

Quote from: Zanab247 on May 28, 2024, 11:54:42 AM

Something related to this kind of business is in my mind when I have the money, but am afraid of police because BTC and crypto has been banned from my country, and if you are caught doing such business, your business will be close down and you will be file some huge amount of money not to go to 10 years in prison.

You don't have to risk your freedom because you want to accept Bitcoin in your business since it is banned in your country. It is better to receive only fiat as a form of payment if the law forbids the use of Bitcoin as a currency. Hopefully, in the future, the government might change this policy so that you can achieve your goals.

Quote

I know is not easy for you to establish such beauty shop to accept BTC, and it will make some bitcoiners in that community to turn up to always follow you to buy what ever they want and pay with BTC and it will increase your profits.

Before you start accepting Bitcoin, you must do your research. You have to consider if your customers will be willing to pay with Bitcoin. If possible, you can ask them through interviews or questionnaires if they are comfortable with Bitcoin payments. I am also considering the transaction fees since payments for salon services are not always large.

ChiBitCTy

legendary

Activity: 2282

Merit: 3014

Now this is awesome, this is exactly the type of post I love to see here on bitcointalk. The message board that satoshi created years back was all about things like this and less about "profit" talk. Sure that is something that is involved here, but this is about using bitcoin as a means of money transacting and spreading the word. You're doing a lot of good here and I know the community is proud of you for it!

Mame89

hero member

Activity: 1736

Merit: 501

Quote from: amihada on May 27, 2024, 10:59:07 AM

you have received payment with bitcoin in your shop, this proves that in your country bitcoin is legal, you can make transactions in your city. I hope one day to visit your country to experience transactions using bitcoin.

In fact, if all countries legalize bitcoin and can accept payments with bitcoin in every shop or business we run, that is something positive for both parties, buyers and sellers. But unfortunately there are still many countries that have not legalized bitcoin as a means of payment, including my country. There have been several cases in my country where a service business accepted payment using bitcoin. Not long after, the police came to arrest the business owner for violating the laws of the country.

In fact, Bitcoin is the people's money, for the people, by the people. Bitcoin doesn't care about politics, religion, race, sexuality, or any of our social statuses. Bitcoin is equal, not controlled by authorities, and of course can be used by everyone. I also hope that one day my country will legalize payments using bitcoin. Even if that doesn't happen, I hope one day I can visit a country that has legalized bitcoin as a transaction tool.

Ojima-ojo

hero member

Activity: 910

Merit: 507

Quote from: Zanab247 on May 28, 2024, 11:54:42 AM

Something related to this kind of business is in my mind when I have the money, but am afraid of police because BTC and crypto has been banned from my country, and if you are caught doing such business, your business will be close down and you will be file some huge amount of money not to go to 10 years in prison.

The day your government will discover that people are making money from such business in that community, based on they are accepting BTC, it will make the agency to increase your taxes to limit your weekly or monthly profits from the business.

I know is not easy for you to establish such beauty shop to accept BTC, and it will make some bitcoiners in that community to turn up to always follow you to buy what ever they want and pay with BTC and it will increase your profits.

Bitcoin is not favorable for business if you leave in a country where there is high Bitcoin regulations or ban, and for the ops I believe a lot of things have changed by now a d I will be interested to read ops feedback on how the Bitcoin payment thing is going right now, because from the posts history it clear that ops country of origin have strict laws regarding virtual currencies and asset's almost a total ban, and I am sure it won't be business as usual for the ops right now since when the thread was created, the government seems to have a relaxed policy on Bitcoin, but with recent ban on cryptocurrency trading and delisting of the National currency from the exchange market, receiving Bitcoin for payment by business at this point will be a pain and n the ass for the ops.

But ordinary Zanab247 you made the right choice by playing along regulatory directive on Bitcoin acceptance, and trading since you know the repercussions of violating such governmental roles, and remaining Private and and unknown while dealing with Bitcoin becomes the best form of defense when you find yourself in such jurisdiction that have anti Bitcoin laws.

Hamza2424

legendary

Activity: 966

Merit: 1042

#SWGT CERTIK Audited

Quote from: Blitzboy on June 13, 2023, 08:24:39 AM

Your efforts to incorporate Bitcoin into your beauty venture are impressive! This unique union of crypto and cosmetics fosters inclusivity. Bitcoin isnt limited to tech industries! It's a perfect fit for the beauty domain, and your pioneering efforts are carving a niche. Your Bitcoin promotion with a 10% discount? Genius! No sales so far? That's okay, you've already ignited intrigue, fueled discussions, and bridged clients with the crypto world. Persist!

Haha, I was thinking this kind of development in the business can be used for marketing purposes as well haha "Your own street Bitcoin beauty shop", haha I know it's not that efficient still trying something unique can trigger luck. Anyway, Bitcoin is a perfect fit in beauty or not I won't comment on it, Bitcoin is a payment model it is the perfect fit in every industry where cash is flowing, or money is flowing never mind.

TBH, I used to explore such spots just for the sake of fun where such developments are there, A few months back I was on a tour in one of the big cities in my country and I was shopping for some PC parts, and due to limited cash amount in front of the shop owner I tried to use P2P on Binance and haha he stopped nad said which currency your changing I said trx, he said send Bitcoin to me directly if you have haha and on time we had a good discussion on crypto and Bitcoin and now I have a good memory with him.

Cryptomultiplier

full member

Activity: 952

Merit: 232

Quote from: Zanab247 on May 28, 2024, 11:54:42 AM

Something related to this kind of business is in my mind when I have the money, but am afraid of police because BTC and crypto has been banned from my country, and if you are caught doing such business, your business will be close down and you will be file some huge amount of money not to go to 10 years in prison.

The day your government will discover that people are making money from such business in that community, based on they are accepting BTC, it will make the agency to increase your taxes to limit your weekly or monthly profits from the business.

I know is not easy for you to establish such beauty shop to accept BTC, and it will make some bitcoiners in that community to turn up to always follow you to buy what ever they want and pay with BTC and it will increase your profits.

It will of course be of a greater challenge to people living in regions where BTC and cryptocurrencies in general is banned or not fully accepted, to infuse BTC payment for customers.
For our OP, she would have to single-handedly teach her workers and customers the know-how of BTC and cryptocurrencies and as much as it would be a daunting task, am sure it would bear fruit as it has already done much publicity for BTC and cryptocurrencies and in the nearest future, where it is acceptable, the work will have already been set up and done.

More businesses will have to accept BTC and Cryptocurrencies as payments soonest, once they can be allowed to pay their taxes with it.

Zanab247

full member

Activity: 1358

Merit: 207

Catalog Websites

Something related to this kind of business is in my mind when I have the money, but am afraid of police because BTC and crypto has been banned from my country, and if you are caught doing such business, your business will be close down and you will be file some huge amount of money not to go to 10 years in prison.

The day your government will discover that people are making money from such business in that community, based on they are accepting BTC, it will make the agency to increase your taxes to limit your weekly or monthly profits from the business.

I know is not easy for you to establish such beauty shop to accept BTC, and it will make some bitcoiners in that community to turn up to always follow you to buy what ever they want and pay with BTC and it will increase your profits.

amihada

full member

Activity: 1176

Merit: 100

Next Generation Web3 Casino

you have received payment with bitcoin in your shop, this proves that in your country bitcoin is legal, you can make transactions in your city. I hope one day to visit your country to experience transactions using bitcoin.

Assface16678

full member

Activity: 1484

Merit: 136

★Bitvest.io★ Play Plinko or Invest!

Quote from: nur rochid on June 13, 2023, 05:40:10 AM

it is very profitable to currently open a business and accept payments with bitcoins. if this kind of thing is done more and more, it will accelerate the adoption of bitcoin among the wider community, people who don't know will find out, and people who know will tell the advantages of using bitcoin, so people who don't know before will be interested, with more and more people knowing like that, then this will result in a greater demand for bitcoin so that it can increase its price

I dont mean to cut the fun but lets also discuss about the downside or struggle of accepting bitcoin as a payment or any crypto currency as a payment, well its good for the OP to accept that kind of payment meaninf the customer will have more option to pay and also the owner will have the option to invest, but the thing is about the fact that many businesses will also be interested in implementing bitcoin in their business but as we know not all business can handle the bitcoin as a payment, example is that the owner might be struggle to convert bitcoin to fiat because its the profit snd there will be sire a problem when it comes to transaction fee, also I think it is not a good idea for small to mid businesses to accept bitcoin as a payment because of the disadvantage, accepting bitcoin as a payment will take a lot of consideration and plan.

Out of mind

sr. member

Activity: 644

Merit: 321

I like to treat everyone as a friend 🔹

It looks really interesting in a beauty parlor in my country you have introduced payment system by bitcoin it is really great campaign. I would like to congratulate you that your initiative is successful and that people can pay with Bitcoin from here on. Also, I'm more motivated that if you make bitcoin payment here 10% discount is more attractive. Also, since you have taken up the initiative towards the end of the year, I think you should have launched it earlier, it would have gained you a lot of popularity. However, since you have accepted BTC payment system in your beauty parlor, many people will accept payment through Bitcoin just hoping for a discount here. Moreover, most of the women go to the parlor for their make-up, so you will gradually get more popularity. However, you have created a great place to accept Bitcoin payments and introduce people to Bitcoin, it will surely succeed and gradually people's trust in Bitcoin will increase.

Magic-Money

jr. member

Activity: 408

Merit: 3

That is a very good idea to accept Bitcoin as a means of payment in a personal business and also long the country accept the use cryptocurrency and it add more advantage in the industrial. Hence set up such means of payment in a personal business account is another way of saving more Bitcoin as a profitable business as long holding a long term.

re-start

member

Activity: 171

Merit: 58

Free City Individual

I have a car repair shop and I'm thinking about accepting Bitcoin and other digital currencies. It's a way to promote Bitcoin and digital currencies and also to avoid paying extra fees to banks. Good luck mate!

Essential10

full member

Activity: 448

Merit: 130

People are very happy when they get an offer and want to take up the offer. Offering a 10% discount from a beauty shop is not bad because many people will be interested in it and pay in Bitcoin. Such initiative in any financial institution will make you successful in future. If Bitcoin transactions are increasing daily then you can build large holdings very soon. At some point when you wait till bullrun after keeping your holding long term investment then you can earn two to three times profit from these bitcoins.

zakservers

member

Activity: 58

Merit: 10

I would also recommend you to list your business in different crypto accepting business and locations directories, there must be some for your region like Nigeria too, it can give your business more exposure among crypto community.

Volimack

member

Activity: 462

Merit: 13

★Bitvest.io★ Play Plinko or Invest!

Your thinking is that many beautiful beauty shops accept bitcoin payments. Through this many people will know about bitcoin. If there are more transactions the demand for bitcoin will increase. Many people don't know about bitcoin so it will be easy for them to know about bitcoin. You will see more business incentives and use of bitcoin will increase.

Fiasem20

member

Activity: 322

Merit: 70

Accepting bitcoin as a method of payment in your business/service is really a nice thought.Bitcoin adoption will grow rapidly when it is accepted as a method of payment but even if it isn't accepted as method of payment,it will still retain it's value.Sellers that accept Bitcoin payment can easily grow their investment portfolio.Bitcoin enthusiast can accumulate Bitcoin with their businesses and services,it's a matter of choice.Speaking for myself if I have a business I would accept 50% of payment in Bitcoin as a means of accumulating and holding for the long run.Accepting Bitcoin payment can also create awareness to those who only think it's an asset that can only be invested and traded.

Topic: I now accept bitcoin payments in my Beauty shop (Read 1140 times)