Post
Topic
Board Marketplace
Re: How can we encourage local businesses to accept BTC?
by
Harlot
on 02/11/2016, 12:19:28 UTC
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.
You cannot say that local businesses will not prefer adopt bitcoins. There are reasons why they are now willing and not willing to do so for now maybe one simple reason must be they know little or nothing about bitcoin. But, as time goes on, it will get to a time that most of those businesses will be begging you to pay them through bitcoin. I am sure those magic times will come in real soon.
As  we all expecting that the trend will go up and the public market will buy the service we know bitcoin will keep on rising and investors will keep coming to ride.
Our Local Wallet for Bitcoins actually encourage us users to pay our bills using their wallets payment system, in which several of our utility bills accept bitcoin. They even add rebates if we choose to pay our bills with them. Having that said many companies now accept bitcoin as payment or if I am right the local wallet we have use bitcoin and convert it to fiat in which they pay for the company. Time will tell if Local Businesses accept Bitcoin as a mode of payment for them.