RE: VISA Payment Processor Trying To Eliminate Cash And Take Over Society! (Too Greedy?)

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VISA Payment Processor Trying To Eliminate Cash And Take Over Society! (Too Greedy?)

in cryptocurrency •  7 years ago 

Interesting idea. What if a restaurant or business would only accept cryptocurrency instead?

cryptocurrency
7 years ago by

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      ·  7 years ago 

    Well, they would trade that cryptocurrency in a fast as they could if that was the case. No use in holding on to an asset that is so volitile.

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        ·  7 years ago 

      Not if they were smart mate. They would hold onto those coins for as long as possible to avoid having to pay tax on them (possibly, depending on local laws) and to profit from the general rising trend in the price of Bitcoin long term.

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