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Re: How can we encourage local businesses to accept BTC?
by
andrei56
on 14/01/2017, 04:33:06 UTC
i don't think that we can help them, they have to decide on their own

Yes we can, we can encourage them. We can explain them what are the benefits, like those related to taxes or that they will maybe easier find bitcoin investors then fiat investors or that with using bitcoins they could be more competitive. There are risks too, ofw course, but it's worth trying.
Businesses owners prefer to stay out of trouble, if you begin to say to them they can avoid taxes with bitcoin they are going to avoid bitcoin even more since they prefer to pay their taxes than to risk their investment in their business.

Its more like the business owners dont need to accept BTC. Accepting fiat and credit cards works fine and smoothly for them so why is there a need add BTC. How will that be an advantage to them? All the Bitcoiners in this thread doesnt even spend that much in BTC anyway.
It depends on the location, there could be zones where there is a high concentration of bitcoin users and in those places it could be profitable to accept bitcoin in your business.