Good question. I work at a restaurant and want to orange pill the owner into accepting Bitcoin. Immediate transaction speed is not enough of a draw because cefi can do that too. Perhaps the fact that it’s an asset class recognized globally by individuals, funds, organizations, and governments? The immutability of it, the self sovereignty? I’ve yet to see the way to onboard normal folk that don’t hate the fiat system.
Discussion
Maybe:
1️⃣ Low fees
2️⃣ Added customer base
3️⃣ Great cashback program to incentivize new customers
I think it really depends on the merchant, but these are quite general benefits.
If you do ever approach and are successful please let us know what approached worked. I'd be curious to see what would work on someone who has no problem with the Fiat system.