[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 43 KB, 600x545, 6E8D0790-6EAE-4CF8-B0DB-F0D786EACE41.jpg [View same] [iqdb] [saucenao] [google]
8545439 No.8545439 [Reply] [Original]

why would companies and banks or whatever adopt crypto currency when its price changes so drastically from day to day? if you accept a million dollar payment in real life money, it will still be a million dollars tomorrow. if you accept a million dollars worth of some shitty internet coin, it could be worth 800,000 thousand in 2 hours.

>> No.8545470

>>8545439
Adoption leads to stability. Also consider that they would be adopting utility crypto and stablecoins not Bitcoin and the like. Fluctuating operating costs from using ETH is just a variable business expense.

>> No.8545481

>>8545439
they wouldnt, all coins are scams
you should have realized this many many months ago

>> No.8545485
File: 45 KB, 702x672, 1480907834877.jpg [View same] [iqdb] [saucenao] [google]
8545485

>>8545439
belief in the blockchain in the long run

>> No.8545495

>>8545439
Thats because you are giving fiat value to a coin. Sure you can have a million dollars and it will still be a million dollars tomorrow, but maybe the million dollar house you wanted to buy yesterday now cost 1.3M. Same way, If you have a thousand bitcoins today it will be a thousand bitcoins tomorrow, once the value of the coin is the coin itself, then this problem will dissapear. .

>> No.8545525

>>8545485
Yep. Only coins with serious use will be around in the future. Other ones will just die off and probably start working for those successful ones.

We're on the verge of a complete economic disaster. Be mindful of what you have that isn't crypto. Like food, water, clothing, shelter, idea of how to survive if shit hits the fan, and some gold, silver, pearls, and other types of valued stones.

Most important thing you can have are seeds.

>> No.8545537

>>8545525
are you quoting dwight from the office rn? lmao