Pummelpuffpuff on Nostr: Are you "Bitcoin Ready"?? Any fiat-currency, from a purely technical, political or ...
Are you "Bitcoin Ready"??
Any fiat-currency, from a purely technical, political or stock market perspective, can collapse.
For any company, this would mean that it would be temporarily unable to act. Because every company depends on a functioning currency. At the moment, because our currencies still work, it is not necessary for every company to get an active "Bitcoin standard" so that it actively and daily works with Bitcoin or accepts payments in Bitcoin.
But, in order to minimize risks, it would be advisable to make every company "Bitcoin Ready". So that in the event of a currency collapse, it could switch over within a few hours and continue to work smoothly. This is especially important for companies that work internationally. "Bitcoin Ready" would be a strategy for minimizing risk and a major competitive advantage if there really was a collapse in the company's area of work somewhere in the world.
Any fiat-currency, from a purely technical, political or stock market perspective, can collapse.
For any company, this would mean that it would be temporarily unable to act. Because every company depends on a functioning currency. At the moment, because our currencies still work, it is not necessary for every company to get an active "Bitcoin standard" so that it actively and daily works with Bitcoin or accepts payments in Bitcoin.
But, in order to minimize risks, it would be advisable to make every company "Bitcoin Ready". So that in the event of a currency collapse, it could switch over within a few hours and continue to work smoothly. This is especially important for companies that work internationally. "Bitcoin Ready" would be a strategy for minimizing risk and a major competitive advantage if there really was a collapse in the company's area of work somewhere in the world.