March 29, 2024

Should an ordinary person accept Bitcoin calculations?

My attitude to cryptocurrencies.
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I’ll say right away that crypto is not my main topic and I’m trying to get into itusually do not meddle, limiting ourselves to rare speculations.
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But the topic is pressing, and recently a good friend of mine approached me with the question: “Is it worth accepting payment for services in bitcoins?” and I decided to share the answer with you.
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On the one hand, Bitcoin and other cryptocurrencies are gaining weight in the world: PAYPALL and SQUARE began using them in their transactions in October, many banks and investment funds also purchase them on their balance sheets.
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Many people are not so much interested in crypto as in the blockchain technology that underlies it. But this is a different jungle.
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Bitcoin is a limited currency and by its nature saves against inflation in the world even better than gold, Bitcoin is finite. By the bearded year 2100+, all of it will be mined.
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And is it a good idea for a modern person to at least have a Bitcoin wallet?
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However, this is still a very risky asset, very volatile and its rate is constantly fluctuating, and most importantly, it is still not backed by anything and is unlikely to be.
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But Oleg, the dollar has also not been backed by anything for a long time, after the abandonment of the gold standard? Yes, but the dollar is backed by a great economy?? and that's enough.
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No state will allow you to challengeindependent currency, the usual means of payment in the form of money?, because this is a loss of control, so Bitcoin is still a semi-legal field and is intended more for speculation.
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I would not use it as a calculation method for several reasons:
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1️⃣ First of all, why complicate your life? There is a cache. Dot.
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2️⃣ Secondly, the Bitcoin rate is constantly changing.Today you were paid conditionally 0.001 bitcoin at the rate of 40,000 per bitcoin and tomorrow you wanted to withdraw it and exchange it for money, but it already costs 20,000 and it turns out you lost half the amount, not counting the commission. But could it be the other way around?
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3️⃣ Well, and in 3, again, ease of use, do you know many places who accept Bitcoin as a payment system easily? Less than 0.01% in the world.
Are you getting a new dress yet? and shoes? If you can’t easily buy it in a store, you shouldn’t accept it as payment.