Ninjastic
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Re: How can we encourage local businesses to accept BTC?
by
TheUltraElite
on 01/11/2016, 05:42:01 UTC
Quote from: batang_bitcoin on November 01, 2016, 02:20:28 AM
Quote from: The_Dark_Knight on October 27, 2016, 10:17:11 PM
Quote from: TheUltraElite on October 23, 2016, 07:25:46 AM
Quote from: batang_bitcoin on October 22, 2016, 11:00:27 PM
Quote from: Fatamorgana on October 22, 2016, 08:52:02 AM
In my opinion as long we accept scam like ponzi, hyip and all the other shit which destroy the image of this wonderfull invetion there will be no good future for bitcoin. It still will be a currency of the criminals. There have to be a rethinking.

And yeah that is going to make the businessman who have good business in local places doubtful if they are going to know that there are some investment scams like hyip and ponzi scams but I think if you are going to explain them that you are not going to make business agreement with those sites or you are not being like that, then that would be fine.

All these things have given a bad name to bitcoin and this cannot be undone. What needs to be done is an aggressive advertising/crowdsale in countries where bitcoin is not accepted yet.

Most business are not ready to accept it because of flux in price and the bad name that has been brought, for them bitcoin=scam
It can be undone; if it was not then there will not be any new users, personally I disagree with spending money in advertising since adoption must be organic so we can avoid bubbles and stuff like that.

It is not bad if you are going to allocate some funds with advertising and promoting your products online. It is going to boost your sales after all and once the people already know your product it can bear in their mind that your products is good enough and that will no need to advertise anymore. But if your wise and your product is becoming well known, you will still keep on using internet marketing for promoting it.

I agree but you should note that most of the clicks and visits that appear in your analytics are actually bots and fake traffic, used to boost the traffic but are totally inorganic. Thats is why people tend to steer clear of most advertising networks using bitcoin and prefer the older more organic ones.

However internet advertising of bitcoin can help local business if and only if they are themselves willing to accept it - which I am afraid from my own personal experience, not.