Post
Topic
Board Bitcoin Discussion
Re: Is it good to accept crypto as a payment?
by
Vaskiy
on 24/02/2023, 00:30:10 UTC
Are you guys accepting crypto payments for your business?

If I have a business then I would not hesitate to accept crypto payments.  I will even give discounts and giveaways so that my customer will think about using cryptocurrency to avail for discounts.  I believe that is one good way of promoting cryptocurrency specifically Bitcoin.

By the way, my country acknowledges Bitcoin as a mode of payment, so I think there will be no issue whatsoever if I accept Bitcoin if ever I founded a business.
My country doesn't disclosed its position on cryptocurrency usage. The government have taxed 30% and with that I don't know on what basis they'll tax on bitcoin accepted into any of the businesses. Now I don't have any business and if something developed surely I'll accept bitcoin but with the fear as I'm not sure of the taxation policy in the country.