Hi guys.
I'm wondering what's your opinion on the goods purchased in currencies other than euros or dollars, say crypto. I'm aware it's being used as a regular currency in various fields now. There are, for instance, lots of successfully run marketplaces based on crypto out there.
Over the past year, the market capitalization within crypto soared to the Moon. Unfortunately, it's been a bear trend for a while now and no one can say for sure when it's gone. However, I am still thinking there's some light at the end of the tunnel - new market, pretty few competitors, great potential. So it's high time to become an active user.
So that begs the questions: Your thoughts on crypto as a payment method? Any progress achieved in the upcoming year?
No doubt, crypto currency has changed our way of payment method, and it is too much easy and cheap for every users of crypto. It will be damage of fiat currency because people are happy with crypto currency and they are avoiding to transfer money with fiat. That's why banks are not happy with crypto. But it is other topic. But still it is worthy method and i rely in future definitely it will get more achievement of progress.
It`s not changed yet, it`s a process that will take some time. Every merchant needs to work under the law of the country where he works, some countries doesnt have laws about crypto yet, merchant is free to accept crypto for his goods, if he wants that. Banks are not happy with crypto, that`s true, crypto is taking a piece of cake from them. Now people don`t need to spend money on high transaction fees, they can simply use crypto. We are living in the times of changes, they are even close to an end. I believe that in the end entire world will use crypto, so calculate alone where are we now and where we are going.