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This is simply tech getting rid of the fiat.. They'll trade BTC internally, and use fiat where needed.
by jbverschoor 6y ago
This is simply tech getting rid of the fiat.. They'll trade BTC internally, and use fiat where needed.
- Closi 6y agoThis would be a total nightmare. The vast majority of suppliers and customers use ‘fiat’ and they are obligated to report in ‘fiat’ so why would they internally convert it to BTC just to convert it back out? This is a recipe for misreporting and accounting fraud too.