Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: GunRunner

Maybe the new ETFs will also mitigate some volatility going forward....but like I already said, I just don’t see it as a reliable for of currency until the volatility subsides.


67 posted on 03/12/2024 8:23:09 AM PDT by suasponte137
[ Post Reply | Private Reply | To 66 | View Replies ]


To: suasponte137
I work in the industry, and will tell you that a big reason it’s not widely available as an APM (alternative payment method) is because CFOs are 1.) instinctively scared of it 2.) worry about volatility, even there are solutions that allow you to accept crypto but be settled in fiat 3.) worry about ESG blowback.

ETFs and other things will change that, but it will take time.

Cryptocurrency payments are by far the cheapest and fastest way to settle currency, and have no fraud or chargeback risk.

Merchants are EXTREMELY slow to adopt anything new, simply out of principle.

69 posted on 03/12/2024 8:28:25 AM PDT by GunRunner
[ Post Reply | Private Reply | To 67 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson