Topic: The bolt driver experience: promoting bitcoin in my business - page 2. (Read 531 times)

I like this idea. BUT I would offer 3 coin choice.

BTC
LTC
DOGE


They are the top three coins for mining which I favor over POS coins.
You could engage in mining conversations about the coins if they ask why just those coins.

It is a more rounded point of payment than just BTC

This, I must confess is a good strategy and I am happy for OP, The current situation in Nigeria have left many shattered, some businesses are winding down due to lack of customers to patronize them.
Now is just the perfect time for people in Nigeria to make a switch to cryptocurrency, and bitcoin being the main currency, if at least, 20 percent of businesses in Nigeria start accepting bitcoin payment for their goods and services, that would be a really great score for bitcoin and the entire cryptocurrency community in Nigeria, as well as africa at large.
Kudos to you @op, I hope more businesses in Nigeria follow your footstep and start accepting bitcoin as payment for goods and services.

I'm not surprised and very happy to hear it's taking place in Nigeria. Honestly, I've seen lots of topics showcasing small Nigerian businesses promoting Bitcoin and accepting Bitcoin as payment, despite the hesitation of the authorities to make Nigeria officially Bitcoin-friendly. It's lovely that you've found the right moment to start accepting Bitcoin, and I hope you'll have many more Bitcoin-paying customers. Can you tell us how the payment process went in practice, though? Was it done via some payment method or transferring the payment to a Bitcoin address? If it's the latter, did you both wait for the first confirmation together? If so, was the customer okay waiting for up to 10 minutes for that?

Very beautiful story. That would be a really exciting experience from you, when you don't expect and out of nowhere someone comes and keeps an attention on what you always wanted to noticable.
When I am in eastern Europe, I usually use Bolt & Free Now because their drivers behave well toward foreigners and their cars are clean. I usually talk with Taxi drivers and sometimes ask them about Bitcoin. Long story short, one driver told me that he was wearing Bitcoin payment accepted banner on his tax in airport and one of his passenger didn't like Bitcoin banner. shared his journey in app and told Bolt's customer support that driver was wearing Bitcoin payment banner and she was afraid that driver was criminal, etc. For this reason, Bolt just banned him and since that day, he hasn't put Bitcoin Accepted banner on his car.

I'm just saying that sometimes one silly person can ruin the party and be careful.
Wish you best rides with Bolt!

That is a pretty good effort to start promoting bitcoin in the business that you do. It's quite interesting to see the sticker about accepting bitcoin payments. If your country doesn't ban bitcoin, that's an excellent opportunity to continue using it. You need to add a sticker on the inside of the car dashboard to make it clearer that you accept bitcoin payments. You also need to provide a brief tutorial on bitcoin payments using a barcode so that transactions can be carried out quickly.
You need to learn how to accept bitcoin payments more efficiently and faster. If your goal is to hold bitcoin then use your special wallet. But if you need a gateway and accept fiat then you need to find a third-party platform that can convert bitcoin to fiat.
Not only about accepting payments using bitcoin, but you also need to provide education to every passenger who doesn't understand what bitcoin is and how to use it. If you do that, then your goal to introduce bitcoin will be successful.

Congrats mate for accepting bitcoin as an alternative means of payments in your side hustle. It is a good initiative and you will not regret your actions but benefit more than other bolt drivers who don't accept bitcoin payment. You did this at the right time,due to the cashless policy stress Nigerians are passing through presently. Do as adviced by Frank1 so that when you drive pass anywhere, bitcoin awareness is given to the people when it is clearly seen.
You should learn how to reduce your image size to soothe the eyes using this  

The intention is there already. But what makes me curious is the overall sustainability of a business or a job perhaps, if payment will be in form of a digital currency which has a volatile market value. In terms of transaction speed and fees, no doubt this would be advantageous. But, the money you'd recieve in form of Bitcoin will be surely needed for maintenance and daily expenses. During a market price downfall, holding indeed is an option but problem is how long? In order to sustain a business you should have a continuous flow of money and if there will be times wherein hesitaion would be present, I think it would be a problem.

Thank you guys for the overwhelming support, appreciation and suggestions. I want you to know that I really do appreciate your comments. I'm still finding my feet in this business and I believe I would get better in time.

Every business has its downsides. Sadly, this is something I have to deal with. But I can tell you that it's not as bad as the centralized bank transfer where it might take 2-5mins or even more in some cases for the transaction to go through. There are instances where bank transfers can take about 24hrs for the funds to drop in your account.

I clearly stated that I do accept fiat currency and bank transfer. As a matter of fact most of my payment comes from there, so I can always remit back to bolt their percentage and also have something to fend on.

Consider placing "accept bitcoin" sticker on front windows (if it is allowed), as it will help to recognize such payment option better. Your sticker on back window will be visible only for potential customers that you have already passed. It will take them a second to read, second to understand info, second to make a decision to pay, but in few second you will be already far away. Whole idea of such promotion is great, but it require few revisions. Also consider placing same stickers inside the car, so while you ride, customer can make a decision how he is going to pay.

So far you have said only one customer paid you in Bitcoin. Was he really the one and only that kind experience you have had? If yes, then this is a proof that your sticker isnt working for 100%, and you should add more of them.

Really cool idea to promote bitcoin in your local area, but I am curious to know if the local authorities in your country allow such advertising? Or pay with bitcoin?

In any case, you can develop your business if you like by making monthly subscriptions. For example, if you have customers who ride with you permanently and are interested in paying by bitcoin, you can make a monthly subscription for them where they pay you a specific amount of bitcoin every month instead of They pay every time, which will help them reduce fees significantly.

That would be a huge success for you, and for sure a lot of people will pay you bitcoin in the future. I think it is just others who are scared of this as crypto is banned in your country but are you safe accepting crypto? I have a coworker who leaves for Nigeria, and they said that it is really difficult in your place, which is why he is transitioning to crypto. I hope that you'll have more customers to hire you and pay you in bitcoin, but what are your plans for it? you hold it or sell it immediately?

Congratulations for the good decision you made to accept Bitcoin as a payment in your service, just to spread more information about Bitcoin and how safe and fast it's to humanity. I believe, many bitcoiners will like to enter your tax to encourage you not to quit for the tax work for the few customers you are getting now, because with time it will make you a better person that will make people in your areas to celebrate you for the help you have brought to their community by accepting Bitcoin as a payment. I will advise you to also make the stickers available to give some drivers to past it in their cars so that many passengers will know that you accept Bitcoin as payment in the environment.

This is a good initiative on your part. You've done something for Bitcoin to get more and more adopted in your country. Actually not just in your country because by posting it here you are actually spreading the idea to other parts of the world. Some here might also be involved in the kind of side hustle that you are into and will also try accepting Bitcoin.

Regardless if there are no riders paying in Bitcoin, it is enough that the sticker is making them curious and discussions on Bitcoin is started.

I want to know how the transaction went, like where the rider or customer paid. Like his/her Bitcoin from a personal wallet or from an exchange, and for OP, are you using some payment processor to process the Bitcoin payments? Or just using a personal wallet or exchange account to receive the Bitcoin payments?
Overall, congratulations, OP! Keep it up.

More and more good things are happening through our forum members. In recent months we were able to see good number of forum members spreading the word about bitcoin as well as accepting bitcoin into the business. This is another big move and no one have tried it. This is the first time I've come across someone who had accepted bitcoin for the ride locally and direct to the wallet. Hope these small level of acceptance here and there will help with more people adding cryptocurrency acceptance to their businesses.

Great job! This is the most unique and effective way of promoting bitcoin throw your business. I have seen many photos and threads about integrating bitcoin into their business, but non of them excite me like yours. I have tried to give you some merit but unfortunately I have none

By roaming around with that sticker on your car many people can see and get curious about bitcoin if they don't know about it and knows a little about it. I hope you will not face any legal issues by doing this.

I understand that your car is registered for use under the bolt company, and bolt company usually have a percentage for every ride you make on their app, so this means to me that you cannot always accept bitcoins for payments except you have another source of income that gives you normal cash that you need survive daily and you can use to settle the percentage deal. Secondly this is not really creating awareness about bitcoin, thus just really shows that you accept bitcoin payments because people who know how to make payments with bitcoins already have bitcoins and are already bitcoin users and not new to it. Because people you carry are people in transit, they may just be interested in paying quickly with money or normal bank transfer.

This is a cool initiative, mate. In my school days, one day in an economics lecture, we were taught about the characteristics of a good entrepreneur, and I remember vividly that a good entrepreneur is a solution finder. It is true that the redesign of the naira note is affecting the people, and as a result, there is not enough cash for citizens to see and spend. But the idea of accepting Bitcoin would be a solution for your customers who would prefer to pay in Bitcoin, and with your sticker on the windscreen, it will also make your new customers curious, and if they are not yet exposed to Bitcoin, they might want to get themselves involved. So, bro, also get ready to teach 😉🥂, because some people may ask you a lot of questions about Bitcoin and others may want you to completely educate them. I am in a position where some of my customers who are not into Bitcoin get to ask me. One thing that surprises me is that some people still think that Bitcoin is only used by fraudsters, popularly known as "yahoo boys," in some countries. While some of my customers would also ask me if there really is any market for Bitcoin (the main thing is that most people are not really aware of the digital currency, decentralized exchange, and centralized exchange), they don't know a thing about Bitcoin or cryptocurrency.

Even if you don't often get customers paying with Bitcoin, the sticker on your windscreen is a good advertisement for Bitcoin, and as Franky suggested, you should also put another sticker in the passenger area. Given Bitcoin's volatility, I usually convert to fiat currency after accepting Bitcoin payment and only keep my profit in bitcoin, so that even if Bitcoin prices fall, I don't have to worry about it because I've already converted my capital to fiat. You could also consider taking that step unless you only want to hold your bitcoin payment without spending any.

Unfortunately the fee is something global just like bitcoin and it doesn't take into account that $0.5 can be worth something.

In developed countries you can't buy anything for that much. In Germany 1 EUR, which is more than twice the fee, won't even make the driver turn his meter on. A cheapest coffee costs you more than 1 EUR and 0.4 EUR is the price of a salad dressing at McDonalds.

If you can get somewhere for $0.4 or buy a meal, that's great for you, but it's not a problem of bitcoin, just your country is cheap compared to the rest of the world.

Well, as you mention, these stories are more frecuently often in that region.

Very good, I think that somehow the enthusiasm of the users from that part of the world who login here in the forum is contagious.

El Salvador, taxi drivers even have monitors to see the price and related things, look for those stories, they can guide you in more precise ideas.