Pablo Xannybar on Nostr: There's also regulatory risk for handling Bitcoin payments though. They'd have to ...
There's also regulatory risk for handling Bitcoin payments though. They'd have to comply with various KYC laws in all the markets they operate in too. I think from their POV they'd see Bitcoin adoption as a bigger risk.
Not saying that's my belief. Just that it's a tradfi based business and that's how they will see it.
If they did implement Bitcoin it'd likely be through a centralised payment processor that could convert their commission to fiat.
Published at
2024-04-23 14:52:27Event JSON
{
"id": "a56ae404a7f4aca3a95910b7ce72d314d4832210c0423aac7010280c85dd88eb",
"pubkey": "f0ff87e7796ba86fc84b4807b25a5dee206d724c6f61aa8853975a39deeeff58",
"created_at": 1713883947,
"kind": 1,
"tags": [
[
"e",
"243949d7d5a1da0af6eb523b8e71ddc518e1926f48c0b61115a0132105ba45d7",
"",
"root"
],
[
"e",
"ae573be07cc3d0566bce548c72cacdede925e8b5de5e8c79902eafb6801cc6ff"
],
[
"e",
"39e6f202c9676100109673b64a84e0c77f8fd000f5a32b00ade6ab23f76f89e6",
"",
"reply"
],
[
"p",
"f0ff87e7796ba86fc84b4807b25a5dee206d724c6f61aa8853975a39deeeff58"
],
[
"p",
"19dcd48f846e6623d5264e601c41dcbe184eacdae6d6da191cc9b81a97947bcd"
]
],
"content": "There's also regulatory risk for handling Bitcoin payments though. They'd have to comply with various KYC laws in all the markets they operate in too. I think from their POV they'd see Bitcoin adoption as a bigger risk. \n\nNot saying that's my belief. Just that it's a tradfi based business and that's how they will see it. \n\nIf they did implement Bitcoin it'd likely be through a centralised payment processor that could convert their commission to fiat.",
"sig": "040071575b113949dabaf020d68390990ce48a03b815224dba0febcd0037bbad5d7f40f8ab62fc49bb670865069eba9951d2f1ff764dc2fd88ec626cfd5c9e5e"
}