Just thought about that trafficjunky deal. If i'am correctly informed traffic junky controls the porn ads, not? If this is the case the majority (if not all) users are companies launching ad campaigns.
If i'am correct with the above than XVG will have about 0 impact on it. It doesn't make sense to use XVG for a company to pay whatever bill since you can not write it off (taxes).
While it sounds good i doubt that this deal will have whatever influence on XVG price.
Even when i am also not sure, if this is such a big news, i still wonder why a company should not be able to write down things they paid with cryptocurrencies? It doesnt matter how you pay. I have a business too. And if i pay a bill with cryptos it is exactly the same as if i had paid it in Euro or Dollar...
In my opinion you could make this a much bigger deal, if you would offer a discount when paying with verge. So you could big companies give a stimulation to buy verge and pay with it.
[/quote]
Actually right now it's not like that. How are you calculating VAT in crypto? And even more important how are you going to declare VAT in crypto, write offs in crypto to the tax departement?
Next thing is the profit/lose calculation. What are you going to write on your companies busines declaration? Spent 20.000 XVG for advertising? And how are you than fiting this against the USD, Euro or whatever profit calculation. Maybe there are some ways i'am not aware of, but in my european country at this moment this is for sure not possible.
Even one step further. Let's say you deal as a company only with crypto. You make 100.000 XVG profit and 40.000 XVG lose, you have to pay corporate tax on 60k XVG. So you are going to pay your tax departement for example 10k XVG? It's not that easy when it comes to companies and enterprises and taxes as you might think it is.
I'am far away to say there is no solution for it, but i'am not aware of one. Would be interesting to see if someone has, whatever country, a solution for this or how such cases would be handled. Just out of curiousity.