My attitude to cryptocurrencies.
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I’ll make a reservation right away that crypt is not my main topic and I usually try not to get into it, limiting myself to rare speculations.
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But the topic is burning, besides, recently a good friend of mine turned to me with a question: “Is it worth accepting payment for services in bitcoins?” and I decided to share the answer with you.
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On the one hand, bitcoin and other crypts are gaining weight in the world: PAYPALL and SQUARE have started using them in their transactions since October, and many banks and investment funds are also purchasing them on their balances.
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Many people are interested not so much in the crypt as in the blockchain technology that stands at its basis. But this is another jungle.
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Bitcoin is a limited currency and by its nature it saves from inflation in the world even better than gold, bitcoin is finite. By the bearded year 2100+, they will have all of it.
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And a modern person is not bad at least to have a bitcoin wallet 👛
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However, this is a very risky asset so far, very volatile and its rate is constantly jumping, and most importantly, it has not yet been supported by anything and is unlikely to be.
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But Oleg, the dollar has not been backed by anything for a long time either, after the rejection of the gold standard? Yes, but the dollar is backed by a great economy 🇺🇸 and that’s enough.
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No state will allow the usual means of payment in the form of money to challenge an independent currency 💵, because this is a loss of control, so bitcoin is still a semi-legal field and is more intended for speculation.
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I would not use it as a calculation method for several reasons:
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1️⃣ First of all, why complicate your life? There is a cache. Dot.
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2️⃣ Secondly, the Bitcoin exchange rate is constantly changing. Today you were paid conditionally 0.001 bitcoin at the rate of 40,000 per bitcoin, and tomorrow you wanted to withdraw it and exchange it into money, but it already costs 20,000 and it turns out you lost half of the amount, not counting the commission. But maybe vice versa 🙃
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3️⃣ Well, in 3, again, ease of use, do you know a lot of places who accept bitcoin as a payment system easily? Less than 0.01% in the world.
Until you can easily buy a new dress 👗 and shoes 👠 in the store, you should not accept it as payment.
…
I’ll make a reservation right away that crypt is not my main topic and I usually try not to get into it, limiting myself to rare speculations.
…
But the topic is burning, besides, recently a good friend of mine turned to me with a question: “Is it worth accepting payment for services in bitcoins?” and I decided to share the answer with you.
…
On the one hand, bitcoin and other crypts are gaining weight in the world: PAYPALL and SQUARE have started using them in their transactions since October, and many banks and investment funds are also purchasing them on their balances.
…
Many people are interested not so much in the crypt as in the blockchain technology that stands at its basis. But this is another jungle.
…
Bitcoin is a limited currency and by its nature it saves from inflation in the world even better than gold, bitcoin is finite. By the bearded year 2100+, they will have all of it.
…
And a modern person is not bad at least to have a bitcoin wallet 👛
…
However, this is a very risky asset so far, very volatile and its rate is constantly jumping, and most importantly, it has not yet been supported by anything and is unlikely to be.
…
But Oleg, the dollar has not been backed by anything for a long time either, after the rejection of the gold standard? Yes, but the dollar is backed by a great economy 🇺🇸 and that’s enough.
…
No state will allow the usual means of payment in the form of money to challenge an independent currency 💵, because this is a loss of control, so bitcoin is still a semi-legal field and is more intended for speculation.
…
I would not use it as a calculation method for several reasons:
…
1️⃣ First of all, why complicate your life? There is a cache. Dot.
…
2️⃣ Secondly, the Bitcoin exchange rate is constantly changing. Today you were paid conditionally 0.001 bitcoin at the rate of 40,000 per bitcoin, and tomorrow you wanted to withdraw it and exchange it into money, but it already costs 20,000 and it turns out you lost half of the amount, not counting the commission. But maybe vice versa 🙃
…
3️⃣ Well, in 3, again, ease of use, do you know a lot of places who accept bitcoin as a payment system easily? Less than 0.01% in the world.
Until you can easily buy a new dress 👗 and shoes 👠 in the store, you should not accept it as payment.
