Post
Topic
Board Marketplace
Re: How can we encourage local businesses to accept BTC?
by
chaser15
on 24/06/2017, 22:55:44 UTC
The problem is not many people know about bitcoin, especially in my country. So, if a shop accepted bitcoin, it's like a useless move. Because nobody in my area using bitcoin.

Once someone opened it up, it's a great step.

I will share you the journey of our local exchange here, coins.ph. It was established even the status of bitcoin users here in the Philippines is not that much. I think Im using their service for 6 months before I noticed the increase in adoption of bitcoin here in our country. Take note, they have a service that really you can't find on any exchange despite the fact that only few people will used it since bitcoin is not known well here.

But today look how far it grows. Most of the bitcoin newbies uses coins.ph as their first wallet and now began exploring how to earn bitcoin. Currently, there are already lots of people who uses their service and that means that the adoption of bitcoin really grows. You have to take the risk before making it become successful which their team did.