Post
Topic
Board Bitcoin Discussion
Re: Am just curious, how would I go about this
by
letteredhub
on 02/10/2024, 23:26:52 UTC
Bitcoin as the first cryptocurrency was not just created for investment purpose, it was actually created as a means of payment and to be honest, the adoption process isn't as fast as expected, but one thing that am very curious about and I have been thinking on how to go about it as a business man while accepting it as a means of payment is it volatility, though it might be advantageous for holders, but am not that certain for a business men.
Bitcoin isn't the first cryptocurrency created, there has been some previous which failed,  bitcoin got to be a success opening the floodgate which today many say it's the first cryptocurrency to be made. Whether it was created for investment or as a means of payment it doesn't really matter, what matters now is what you choose to use it as to meet your financial challenges in the backdrop of fiat failure. As businessman receiving payment with bitcoin on order to prevent losses when price falls due to the volatility of bitcoin, am instant conversion to stablecoin is a seamless way to save losses in as much as you don't planned on hodling the coins.