Re: What's the best documentation to convince a merchant to start taking Bitcoin?
Simply list the advantages and disadvantages of accepting Bitcoin to them:
Advantages:
In fact it's easier, faster, safer, and cheaper than ANY other payment method (including cash).
Disadvantages:
.... well, none really
Advantages:
In fact it's easier, faster, safer, and cheaper than ANY other payment method (including cash).
Disadvantages:
.... well, none really
You can't trick merchants into accepting bitcoin by saying there is no disadvantage
I believe the best way is to be honest. There is a learning curve for accepting bitcoin in the shop and he might need to provide free wifi for customers to use (probably already has free wifi). He will need to invest in some sort of device to receive notification from BitPay and staff would need simple training. The marketing effect will bring in new customers and will outweigh the costs involved.
I was thinking of starting by printing out a "We Accept Bitcoin" sign, and telling him that there are a number of Bitcoin enthusiasts in the area, who would be more likely to visit his shop when the word gets out that he accepts Bitcoin.
That is the way to do it. Also mention that the owner can send money to family and friend in Taiwan too.
Can you think of anything else he might ask?
Taxes, most probably
