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That's an interesting related problem - their costs are real dollars/Euro/Peso etc, but their revenue is in crypto. Eg they have to pay rent, salaries, AWS bill
by rr888 4y ago
That's an interesting related problem - their costs are real dollars/Euro/Peso etc, but their revenue is in crypto. Eg they have to pay rent, salaries, AWS bill but their revenue is in ETH or BTC or SOL which is a fraction of what it used to be. Banks dont have that problem - their costs are denominated in same currency as their revenues.