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?
I think many have been doing that already since many companies have already allowed cryptocurrencies to be used that way, or a select few of them for that matter. I think, as more and more coins would be accepted by more companies, especially the trusted ones to be used as a payment for goods and services that would open new doors for the horizons of cryptocurrencies. However, for now, it is limited because there still a lot of considerations that companies think of, since we can't hide the fact that cryptocurrencies, in terms of its value, changes in a blink. So, as a company that needs a return for its capital, it would be too difficult to just accept and accept cryptocurrencies knowing how it can be unreliable.