Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy, if customer doesn't have money to pay after purchasing goods and any other business transaction, we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business both in local and international way because the present century we are now is century of cryptocurrency...so my fans what do you suggest on my opinion!!!!
I think using bitcoin as payment in business is not an advantage, and it is maybe better to use stable coins like usdt payment or fiat, because bitcoin is high on volatility look at the price of bitcoin today it is now dropping many people are get panic and loss, because of a small correction so before you make a decision like using btc as payment on business you need to think twice. 
Topic: Making use of Bitcoin as payment in our business. (Read 244 times)
Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy, if customer doesn't have money to pay after purchasing goods and any other business transaction, we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business both in local and international way because the present century we are now is century of cryptocurrency..
All I see here is a Thread to FISH MERIT , you did not even clear what business is this and You will ask costumer lastly if they are not capable in paying using fiat? why not offer Bitcoin or crypto acceptance even in the beginning of the business so you can assess if the costumer is a crypto user or at least have idea what crypto is all about because if you do this later then how could the costumer find what crypto is?Quote
.so my fans what do you suggest on my opinion!!!!
You have a FANS here? common , you did not even received a single merit in your Fishing lol .
Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy, if customer doesn't have money to pay after purchasing goods and any other business transaction, we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business both in local and international way because the present century we are now is century of cryptocurrency...so my fans what do you suggest on my opinion!!!!
Indeed, the purpose of Bitcoin was created as an alternative payment. So if we have a business, we should start trying to accept Bitcoin payments.
It will indeed make our business more developed, because customers are very helpful if they want to make payments, especially if the customer is
in a different country. Bitcoin has proven to be more effective for financial transactions between countries, that's because transactions using Bitcoin
do not need a third party.
But the problem is not all countries allow using Bitcoin as a means of payment, like in my country Bitcoin is only legalized as a digital asset. So I can't
have a business that I own accept Bitcoin payments. So indeed, to make Bitcoin a payment in our business, it is usually bumped into
by government regulations. We can't possibly break government rules, because we definitely don't want to break the law. So very lucky for people
who live in countries that legalize Bitcoin as payment, he could try to accept Bitcoin as payment for his business.
We're doing the same thing in our business, accepting Bitcoin as an option for our customers to pay us. We started it 2019 and even had a tarpauline with Bitcoin in it (though its now broken).
But because majority of people here are not aware of Bitcoin, its rare that I have customers opted to pay using it.
There are other digital payments, gcash specifically that are more popular here thus its understandable why they prefer that one.
But because majority of people here are not aware of Bitcoin, its rare that I have customers opted to pay using it.
There are other digital payments, gcash specifically that are more popular here thus its understandable why they prefer that one.
Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy, if customer doesn't have money to pay after purchasing goods and any other business transaction, we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business both in local and international way because the present century we are now is century of cryptocurrency...so my fans what do you suggest on my opinion!!!!
I have a business with two branches however I did not use this strategy of yours using BTC as a payment. It is because my customers doesn't know a thing about crypto currencies, they pay through our local currencies. The only chance they could pay me is through our online shop, it is listed on a known site. The products that we sell are listed there and they have the option to pay and it includes crypto currencies using our local wallet that supports most known crypto currencies like BTC, ETH, XRP, SLP, etc. The use of Crypto is in good par with online business, but I never have encountered customers even once that pays with it, so that means they do not know about it or doesn't have crypto currencies, or they could've have it but chose to hold it.
It's great to add bitcoin as a payment alternative for your business. however, some things you need to pay attention to is whether your place allows that. if there is a special regulation regarding it, then it could be a problem. but, it would be fine if there was no special regulation for it. the second is, I think it might be more effective to use on the internet, because I think it will widen the audience for your product. many people do not want to use cash when doing business, and tend to use crypto for transactions on the internet. however, it's a great step for the development of your business, as well as support for bitcoin as a payment alternative.
Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy, if customer doesn't have money to pay after purchasing goods and any other business transaction, we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business both in local and international way because the present century we are now is century of cryptocurrency...so my fans what do you suggest on my opinion!!!!
i've made a post on a topic that discusses this that i have a small business that accepts bitcoin payments, since i did that only a few customers made payments with bitcoin and also some altcoins because many people here are still skeptical about crypto. not many people realize that paying with crypto is very easy and safe, I will continue to maintain accepting payments with crypto because it is more profitable for me.up crypto payments which i would say a good gesture or initiative for a business owner to have.If you do really see that there are users who are really that making use of crypto
then it would be just common sense on trying out to apply it into your business.
Expanding awareness and exposure is the key at the same time it could give out that chance for you to make more profits out of those accumulated coins that you do have.
Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy, if customer doesn't have money to pay after purchasing goods and any other business transaction, we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business both in local and international way because the present century we are now is century of cryptocurrency...so my fans what do you suggest on my opinion!!!!
i've made a post on a topic that discusses this that i have a small business that accepts bitcoin payments, since i did that only a few customers made payments with bitcoin and also some altcoins because many people here are still skeptical about crypto. not many people realize that paying with crypto is very easy and safe, I will continue to maintain accepting payments with crypto because it is more profitable for me. 
I think bitcoin acceptance shall be taken under consideration only by those who has pretty good number of people around them who are willing to pay in this currency. Unfortunately there are still many regions of the countries where bitcoin is tertiary and not even secondary payment system. I find many bitcoin logos and QR codes in few stores nearby however I barely see anyone paying on them. It’s harsh truth. The level at which we discuss this on the forum is something different while on the other hand when you are in the real world I see tiny space for bitcoin. Like its not even there!
Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy, if customer doesn't have money to pay after purchasing goods and any other business transaction, we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business both in local and international way because the present century we are now is century of cryptocurrency...so my fans what do you suggest on my opinion!!!!
Your idea is very nice, accepting Bitcoins in your Business could be profitable, but also think that Bitcoin is not stable and its risks could fluctuate sometime. you can also add USDC, USDT, and BUSD as modes of payment.
You can convert your USDC, USDT or BUSD in case you feel safe converting to Bitcoins.
using bitcoin as a payment in business, in my personal opinion the steps you take might be a very good step, because the steps you take can be steps to make transactions easily and quickly, plus your company will definitely be widely known by other countries , but you do not leave fiat, because fiat is also very important in making any payments.
Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy, if customer doesn't have money to pay after purchasing goods and any other business transaction, we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business both in local and international way because the present century we are now is century of cryptocurrency...so my fans what do you suggest on my opinion!!!!
I'm confused.Are you sharing your opinion or just asking a question and searching for suggestions?
If you want to implement Bitcoin into your business,just do it.There's no need to seek for other people's opinions.Just try adding BTC payments and see what happens.Do you witness a revenue spike or the opposite?Just gather some data about your implementation and analyze it.There's a big possibility that not many people would use Bitcoin to pay for your goods and services.What kind of business are you running?
Making the decision of accepting and using bitcoin and other cryptocurrencies on your business is not something new but that's an option for the business owner to choose to accept it or not, there can be meant factors involving this decision for a business, in own idea the first and most important factor is the demand of using bitcoin and other cryptocurrencies by the clients and users if that's what they want to see then using bitcoin can be pretty useful, for the field such as selling servers and domains and selling computer hardware sine the clients usually have some knowledge about the technologies this can be a good option, also depending on where you live you have to make sure if your governments don't have any problem with using bitcoin and cryptocurrencies otherwise you may have some problems with the government.
Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy, if customer doesn't have money to pay after purchasing goods and any other business transaction, we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business both in local and international way because the present century we are now is century of cryptocurrency...so my fans what do you suggest on my opinion!!!!
The first question I want to ask you, is bitcoin legal in your country, are you allowed to use bitcoin as a legal tender for daily activities? If the answer is yes then you are free as a bird to integrate bitcoin as a means of payment in sales, El-Salvador is currently doing it and some few other countries that allow the use of bitcoin for business but if your country prohibits the use of bitcoin, it will only put you in trouble when you want people to use something that is considered as a crime in your location.
One interesting aspect of bitcoin as a payment method is the Lightning Network, it is extremely quick in resolving trades and simple to use but requires a channel between buyer and seller.
It's a good idea when we can use bitcoin for payment transactions in business, this will make the business spread all over the world because the thing that buyers like is being able to make transactions easily and quickly, bitcoin is the best solution than fiat.
Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy, if customer doesn't have money to pay after purchasing goods and any other business transaction, we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business both in local and international way because the present century we are now is century of cryptocurrency...so my fans what do you suggest on my opinion!!!!
When I first saw "Bitcoin Bar" I was sure that more and more business owners, whether it's cafes or retail, would accept and adopt bitcoin and altcoins as a payment option. transacting with bitcoin is very easy and safe, besides that, business owners make it easier to manage their business finances because the income they get will be very transparent. 
so my fans what do you suggest on my opinion!!!!
You should go straight to the heart of the matter, about the Business you want to do and accept crypto payments, this is too wordy, almost everyone, maybe 90% of people in this world know Bitcoin can be an alternative payment in business other than payments made with fiat.What is certain is that with current technological developments, crypto is a solution to facilitate transactions and overall economic growth.
Thus, if you are doing business and crypto payment alternatives, the service board is the place for you to say it all.
Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy, if customer doesn't have money to pay after purchasing goods and any other business transaction, we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business both in local and international way because the present century we are now is century of cryptocurrency...so my fans what do you suggest on my opinion!!!!
One major concern of using Bitcoin as a means of payment is the exorbitant transaction fees and the speed of its confirmation. But of course, it can be solved by the Lightning Network like what El Salvador is doing. And of course, depending on the country you are living, you need to check the laws if BTC can be accepted as a medium of exchange.
Right here in the Philippines, even though that we are one of the friendliest in crypto adoption, it's just that there is no clarity about our laws from the central bank if it can be accepted as an alternative payment method for buying and selling goods and services, however can be accepted for just holding, trading and other purposes.
Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy, if customer doesn't have money to pay after purchasing goods and any other business transaction, we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business both in local and international way because the present century we are now is century of cryptocurrency...so my fans what do you suggest on my opinion!!!!
It's good to hear that everyone is slowly moving towards cryptocurrency. Sadly, there are still many countries that have not legalized cryptocurrency. As the use of cryptocurrency increases, I think it will gradually begin to legalize in all countries. Lastly, good luck to you for this new start. And always be careful considering the security and its bad aspects. 
This is becoming possible because more people are now aware that bitcoin can be converted to fiat that is why they accept it and have it to transfer for the payment of transaction made. Now there are plenty means of selling or converting of bitcoin to fiat unlike past that it is very difficult to get it converted. This is the reason it is that growing in awareness and more investors hodling it as asset.
Of course it can't be separated from the development of cryptocurrencies that are really fast making it easy to convert Bitcoin to fiat,development will not stop here and I think every year it will continue to grow
Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy, if customer doesn't have money to pay after purchasing goods and any other business transaction, we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business both in local and international way because the present century we are now is century of cryptocurrency...so my fans what do you suggest on my opinion!!!!
I totally agree with you but for this to happen there should be positive support from the government regarding bitcoin and cryptocurrencies. You cannot just implement bitcoin if the legal status of your country does not support crypto.
In the majority of the world, bitcoin is not legally accepted, and hence it is very difficult to accept bitcoin as a payment method. Also, everyone is aware of how to use bitcoins and crypto which is another hindrance to this innovation.
Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy, if customer doesn't have money to pay after purchasing goods and any other business transaction, we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business both in local and international way because the present century we are now is century of cryptocurrency...so my fans what do you suggest on my opinion!!!!
There will not be any problem with accepting cryptocurrency if you are talking about only stable coins here. For BTC and other altcoins, it is not ideal for real-world business use. Also, if the producer does not want to accept crypto payments, then the seller will not accept them either, because the seller needs to rebuy goods from the producer regularly. I think bitcoin is okay as a currency to reserve the value.
Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy, if customer doesn't have money to pay after purchasing goods and any other business transaction, we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business both in local and international way because the present century we are now is century of cryptocurrency...so my fans what do you suggest on my opinion!!!!
I think there's often a problem that there is no use. If people are comfortable with fiat and if they have no problem paying by card, nothing motivates switching to Bitcoin. But Bitcoin can be useful if the inflation is brought up, and also merchant fees by the banks, and international transfer fees, and identification via paying and how this data can then be used an abused if it gets to companies. Also, it can be useful in specific contexts, such as international donations or a currency when your fiat is devaluating too fast or when foreign fiat usage is restricted.
implementing crypto in business transactions is a bit difficult especially in countries that regulate crypto circulation like in the US and other countries ... the government does not want crypto to be a means of payment used by customers for their transactions officially because they are afraid that it will interfere with the adoption of their currency ,, but it seems that if crypto payments are made secretly, I don't think it's too much of a problem
This is becoming possible because more people are now aware that bitcoin can be converted to fiat that is why they accept it and have it to transfer for the payment of transaction made. Now there are plenty means of selling or converting of bitcoin to fiat unlike past that it is very difficult to get it converted. This is the reason it is that growing in awareness and more investors hodling it as asset.
It's okay and that's actually the use of bitcoin aside from what we're doing to hold it as an investment. You're just typically adding another payment option for your customers.
You're just preparing your business with expansion from those customers that would be willing to pay in bitcoin. You also have the option to use those third-party services that automatically convert paid bitcoin to you in USD or fiat if you want to.
You're just preparing your business with expansion from those customers that would be willing to pay in bitcoin. You also have the option to use those third-party services that automatically convert paid bitcoin to you in USD or fiat if you want to.
Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy, if customer doesn't have money to pay after purchasing goods and any other business transaction, we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business both in local and international way because the present century we are now is century of cryptocurrency...so my fans what do you suggest on my opinion!!!!
What is the size of your business that you have an idea of the work that will be promoted by BTC payments? I have seen some products from Internet services currently accepting BTC payments as well, but that is still the case. Not the revenue they focus on. Basically, for any business, I think they will not skip any form of payment so that it is easier to get the money. Nowadays, we can see the popularity of crypto in our lives, but we should admit that fiat is still the most popular method of transaction. So we should focus on the product and connect it to more people. BTC is only a small part of the exchange formula. 
As a merchant or business owner then you would really be having these consideration before you do opt in on dealing with crypto
I will add to the list that accepting crypto can also:
* need some knowledge/learning curve, since most payment processors ask for high fees and/or KYC, hence one may have to install a local solution (like BTCPay); properly securing the wallet/funds is another important topic
* handling crypto in accountancy may not be straightforward
So while I do welcome the idea, unfortunately it's not "easy-peasy" to do this.
Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy,
This is gladly seen and already implemented by many businesses, institutions, industries and firms which has been a thing of tremendous success around the world economic growth and i also as well see the arising need for the localities to as well stage the implementation as well in accepting bitcoin for transactions.
we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business
Any business model on the platform of bitcoin cannot be moved by the current downsize of the economy through inflation because bitcoin has over such and gone far beyond the scope of how fiat could reach, it's a good source of an investment asset and more profitable than many others with results evident enough.
Awareness is very important in spreading the word of btc around, the more people are aware the high the chances of acceptance. The idea is good, by doing this it will create an avenue for esteemed clients to come in contact with btc, even if they don't know how to use it, seeing it as a payment option will trigger a thought in their mind to make some of the client want to enquire more about it. While those who are already informed clients will be glad to find it as part of payment option.
So the idea will be include btc payment as part of payment option just for awareness purposes and how it goes. I also agree some people would rather not spend their btc but there are some who don't mind using their btc instead of fiat.
So the idea will be include btc payment as part of payment option just for awareness purposes and how it goes. I also agree some people would rather not spend their btc but there are some who don't mind using their btc instead of fiat.
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Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy, if customer doesn't have money to pay after purchasing goods and any other business transaction, we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business both in local and international way because the present century we are now is century of cryptocurrency...so my fans what do you suggest on my opinion!!!!
It hasn't been clear to me if you actually have a business and are thinking about implementing that or are you talking hypothetically, trying to motivate business owners to do that.
Bitcoin was meant for this but since it becomes an investment opportunity, people tend not to spend their Bitcoin and hold it instead, but if you are planning to use you have to consider many things especially its volatility since the price is not guaranteed on the top, you can occur losses if you are planning to accept Bitcoin. This is indeed a good idea, you just have to create your plan before executing this.
It is normal that people do not spend it if they have it as an investment, but regarding what you say about volatility, I believe that business owners can implement an automatic conversion system to fiat when they receive the payment to avoid volatility.
Bitcoin was meant for this but since it becomes an investment opportunity, people tend not to spend their Bitcoin and hold it instead, but if you are planning to use you have to consider many things especially its volatility since the price is not guaranteed on the top, you can occur losses if you are planning to accept Bitcoin. This is indeed a good idea, you just have to create your plan before executing this.
Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy, if customer doesn't have money to pay after purchasing goods and any other business transaction, we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business both in local and international way because the present century we are now is century of cryptocurrency...so my fans what do you suggest on my opinion!!!!
I think this is a good idea as promoting adoption of bitcoin throughout any means possible is what we should all be striving to do if we support this new type of electronic currency. But there are of course things to keep in mind. Bitcoin is still a bit slow and expensive for many every day purchases. ( this is why I've always stressed that bitcoin is not perfect where it currently sits "as is" so to speak).
Do you own a business and are considering doing this yourself?
Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy, if customer doesn't have money to pay after purchasing goods and any other business transaction, we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business both in local and international way because the present century we are now is century of cryptocurrency...so my fans what do you suggest on my opinion!!!!
This is a good idea and also one sided because you have to consider the customer as well, their knowledge about btc, their ability to use btc and the willingness to use btv instead of fiat.
Maybe you should start by running a poll in your business to see the number of your customers who are actually aware of btc and what it is use for. Just because you have the knowledge of btc dont mean your customers have same knowledge as well.
It is important to find out what they know and prepare them.
Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy, if customer doesn't have money to pay after purchasing goods and any other business transaction, we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business both in local and international way because the present century we are now is century of cryptocurrency...so my fans what do you suggest on my opinion!!!!
As a merchant or business owner then you would really be having these consideration before you do opt in on dealing with crypto or applying it into your business and here's the following.
1. Consider your countrys laws or stance towards crypto.
2. Make yourself aware about crypto volatility
3. Look for Demand on your place
In overall its not a bad stance or recognition on applying on someones business but you should be sure
on knowing these things first before making such step.
Making use of "Bitcoin" as another means of exchange In our daily business is my own opinion to improve our business strategy, if customer doesn't have money to pay after purchasing goods and any other business transaction, we should try and implement the means of Bitcoin payment and through this our business will improve in market and it will promote our business both in local and international way because the present century we are now is century of cryptocurrency...so my fans what do you suggest on my opinion!!!!
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