Post
Topic
Board Economics
Re: Crypto is becoming legal in my country! Any business idea?
by
coinfinger
on 06/06/2020, 18:01:05 UTC
Cryptocurrency is becoming legal in my country, Albania. The government will make some laws to regulate the crypto in my country in September (god knows what).
Is anyone here that can give me any businesses idea? Or our gold time will be over after that?
The only business I know that you can do with cryptocurrency is the over-the-counter exchange. There are lots of people that do this business in my country. How it works is that they have their own exchange rates for both buying and selling. The extra money/fees they add on top every exchange they make is how they are making their gains. So when you go to their office to sell or buy cryptocurrency, they will calculate it at that rate.

Apart from that, I don't really know any other business that you can do with cryptocurrency. Unless you're just going to be accepting it as a payment like other comments here have suggested.