Quote from: goldencrypto9 on June 20, 2018, 04:02:48 PM

What you think Is cryptocurrency help to expand the world business?

Well it hasn't really done so as of yet, and its been a decade since bitcoin was created. That isn't to take anything away from bitcoin's importance, ofc, but the vast majority of business deals are transacted with traditional fiat money. By 'vast majority' I mean essentially all. There are many posts I've seen where members ask what sort of revolution bitcoin will or did spark, and it just hasn't happened. It remains an instrument to be traded for profit rather than a currency used to purchase goods and services, ie, in business deals.

Quote from: senin on October 03, 2019, 04:08:12 AM

I do not see the practical expansion of the business while using cryptocurrency as a means of payment. Cryptocurrency is too volatile in price and in addition, there are practical difficulties in submitting reports to the tax service and audit.

That is at least an honest reply. There are many businesses which accept bitcoin as payment but I'm not so sure that the option is exercised much. Customers really don't have an issue using fiat and until they do, cryptocurrencies will still be something to be held or traded on exchanges. Its the volatility that makes bitcoin so attractive. Do you think anyone would be passionate about it if it were a stable coin? I dont think so.