![So if i build a deck for 30k in bitcoin and it goes down to 15k the next day I still have to pay the 10k tax on the 30k meaning I built a 30k deck for 5k. Until they fix the volatility issues don't give up your hard labor for bitcoin. Its just gambling. [233x216 - 10KB]](https://pic8.co/sh/LYqc0x.jpg){kind=link}
Right, and bitcoin is currently too volatile which is why most businesses aren't accepting it as payment. More consumers will have to adopt bitcoin for the value to become more stable.
Right now, it should be treated as an investment. As more consumers adopt it, the value will exponentially increase.
If I operated a business, I would only accept bitcoin if my business was very profitable and as long as only ~5% of my customers were paying in bitcoin. Alternatively, I would choose not to accept bitcoin as payment and instead take 5-10% revenue to purchase the bitcoin as a business investment.
Right, and bitcoin is currently too volatile which is why most businesses aren't accepting it as payment. More consumers will have to adopt bitcoin for the value to become more stable.
Right now, it should be treated as an investment. As more consumers adopt it, the value will exponentially increase.
If I operated a business, I would only accept bitcoin if my business was very profitable and as long as only ~5% of my customers were paying in bitcoin. Alternatively, I would choose not to accept bitcoin as payment and instead take 5-10% revenue to purchase the bitcoin as a business investment.
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