5 ms·
Yea, put your companies capital into a volatile, non-FDIC insured, commonly robbed medium. Genius.
by kungfooguru 13y ago
Yea, put your companies capital into a volatile, non-FDIC insured, commonly robbed medium. Genius.
- deleted 13y ago[deleted]
- Sambdala 13y agoWhen the subject at hand is about companies that don't have an option?
- cowsandmilk 13y agoI don't see what problem bitcoin solves for these businesses. The first example in the article is having to take $51,000 in cash to pay the company's taxes to the state. Bitcoin does not solve this in any fashion. I really struggle to find the problem that bitcoin solves in this situation.
- waterlesscloud 13y ago"Commonly robbed" is an exaggeration.
- azernik 13y agoThat's the beauty of it - you don't need to use bitcoin to store your capital. Just use it to get money from your customers to a hard-currency account, which I would guess is easier with BTC than with large quantities of physical cash. There's risk in the movement of a day's cash flow by BTC, but probably not much higher than the risk of transferring cash in your personal car.