How to convince people to accept BCH as a payment method?

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2 years ago

Bitcoin BCH is recognized globally as a payment method for everyone to pay their bills, goods, and services. But it is actually difficult to make people accept the BCH as a method to settle debts. It can be made possible by the community to implement ways for people to accept it. What I am about to tell you guys would work to help people to adopt the bitcoin cash as a payment method.

This method could work in places where the communities are small or in villages as the people tend to know each other very well as they spent their lives living together, This way can work for small shops and if you know the people very well, what you can do is that for example you can buy $30 worth of groceries or food and offer the owner the same insurance that if the price drops you will give him the $30 dollars in fiat and he will return your satoshis.

This method can also be used in paying debts to landlords, what you can do is that you can offer your landlord to pay your rent in bitcoin cash and offer an insurance for his money if the price of bitcoin drops within 60 days he or she can return the bitcoin cash to you and you can pay him or her in fiat currency. The landlord will have a wallet with balance and if price goes up within 60 days he will decide to hold the satoshis instead fiat and you got a new person that now hold bitcoin cash and have a balance, if somehow the prices drop what you can do is give him cash and you will get your satoshis back, your landlord will get the knowledge about bitcoin cash and how to send or receive. This could work better if you landlord does not have to pay mortgage to the bank and he owns the property.

This is how we can try to convince people to accept bitcoin cash as payment method and increase our community.

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