Is cryptocurrency help to expand the world business?

[jakoylantern]

Now a days business and product is for all. Every country exchange their core product with other countries to meet theit demand. What you think Is cryptocurrency help to expand the world business?

If the businesses will adopt cryptocurrency and blockchain?theres no doubt that they can be expanded with cryptocurrency helps as what others are having now

In some places in other countries.bitcoin and other crypto is considered as currency andlook tat their businesses,it’s growing and going towards future not like those who sticks in fiats

Yes, they just need to adopt cryptocurrencies and start to legalize it. Acceptance of bitcoin and another cryptocurrency will genuinely help the world of business, and yes their some countries now that support bitcoin and another currency. In terms of business its a win-win situation of both sides because the transaction and ability of cryptos are so great.

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[Duzter]

Now a days business and product is for all. Every country exchange their core product with other countries to meet theit demand. What you think Is cryptocurrency help to expand the world business?

If the businesses will adopt cryptocurrency and blockchain?theres no doubt that they can be expanded with cryptocurrency helps as what others are having now

In some places in other countries.bitcoin and other crypto is considered as currency andlook tat their businesses,it’s growing and going towards future not like those who sticks in fiats

Yes, they just need to adopt cryptocurrencies and start to legalize it. Acceptance of bitcoin and another cryptocurrency will genuinely help the world of business, and yes their some countries now that support bitcoin and another currency. In terms of business its a win-win situation of both sides because the transaction and ability of cryptos are so great.

Agreed, and already there were people few countries that have begun to use cryptocurrencies for all the business needs. This happened as a result of the currency inflation took place in those respective African Countries. As they aren't able to carry a huge sum of amount they moved on towards other sources and found bitcoin to be more convenient.

[jamesndungu1]

Cryptocurrency has proven to be a digital solution for most businesses. Businesses that adopt cryptocurrency tend to stand out from other businesses in the marketplace as they digitize their assets. ICOs are extremely beneficial especially to businesses that are starting up as they are a brilliant way of raising funds for businesses. Once a business adopts cryptocurrencies, it gets to enjoy all the benefits that blockchain technology has to offer. I am talking about faster processing of transactions, fewer transaction fees, maximum security, a currency that works all around the world among others.

[armarsterling7]

Now a days business and product is for all. Every country exchange their core product with other countries to meet theit demand. What you think Is cryptocurrency help to expand the world business?

Crypto will be of great help to us when trading around the world. Because the fact that you pay or transfer money with crypto is very fast and the fees are low. That will help you want to trade more. Instead of you going to the bank to transfer money to other countries with a high cost and the foreign exchange rate difference between countries

[shield132]

To be fair can't say that it's helping businesses to expand. There is nothing wrong with this coin but problem is that it's not adopted the way it has to be. For example there are great businesses that connects world like ebay but it doesn't accept bitcoin, google services too - they don't accept bitcoin. What we get as a result? Some local companies accept bitcoin with hope that they'll increase number of local customers. So with current situation, it seems like cryptocurrencies aren't considered for business expand, maybe because they aren't so popular and there isn't huge demand on them but it's what it's as for now.

[karanggatak]

its good. bitcoin is best option to make transaction, but it need more security. more and more people use it, bitcoin price will be good to fix some economy. it have big potention to change the world with high risk. need to reproduce because if all of the world use they need big amount to serve.

[senin]

I do not see the practical expansion of the business while using cryptocurrency as a means of payment. Cryptocurrency is too volatile in price and in addition, there are practical difficulties in submitting reports to the tax service and audit.
At the same time, cryptocurrency provides good business opportunities for tokenizing its assets. However, not in every business it is advisable to use your tokens.

[meliodas]

Cryptocurrency can help the businesses to expand but only in the digital world because cryptocurrencies are digital currencies and they only exists online so the businesses can just add cryptocurrencies as a mode of payment or if they want, they can create their own cryptocurrency with their own loyalty program so they can attract customers to stick with their program.

[blckhawk]

It could because of the benefits that come along with it. Along with security, transparency and such, it would help expand the modes of payment available to the consumers. This would also increase awareness to cryptocurrencies, leading to more potential investors and therefore, increasing the demand which in turn would also increase its price. Fast transactions, away from centralized institutions, cutting away middlemen and interests would be also beneficial to the businesses.

[Pearls Before Swine]

What you think Is cryptocurrency help to expand the world business?

Well it hasn't really done so as of yet, and its been a decade since bitcoin was created.  That isn't to take anything away from bitcoin's importance, ofc, but the vast majority of business deals are transacted with traditional fiat money.  By 'vast majority' I mean essentially all.  There are many posts I've seen where members ask what sort of revolution bitcoin will or did spark, and it just hasn't happened.  It remains an instrument to be traded for profit rather than a currency used to purchase goods and services, ie, in business deals.

I do not see the practical expansion of the business while using cryptocurrency as a means of payment. Cryptocurrency is too volatile in price and in addition, there are practical difficulties in submitting reports to the tax service and audit.

That is at least an honest reply.  There are many businesses which accept bitcoin as payment but I'm not so sure that the option is exercised much.  Customers really don't have an issue using fiat and until they do, cryptocurrencies will still be something to be held or traded on exchanges.  Its the volatility that makes bitcoin so attractive.  Do you think anyone would be passionate about it if it were a stable coin?  I dont think so.

[TrevorS]

If you think about it in general, it is. Behind every project is a real business, due to the fact that almost any person from anywhere in the world can invest in brick-and-mortar projects, which somehow expands the scope of this project beyond the country in which it was founded. Also, blockchain and other projects in other countries can offer cooperation to other such projects that will make both businesses to some extent international.

[hahahafr]

I think both the blockchain technology and cryptocurrencies would help increase the output of companies as the chain of transaction is reduced through a decentralized platform. Also this will ensure transparency in all transactions hence reducing the occurrences of corruption

[ReiMomo]

If you think about it in general, it is. Behind every project is a real business, due to the fact that almost any person from anywhere in the world can invest in brick-and-mortar projects, which somehow expands the scope of this project beyond the country in which it was founded. Also, blockchain and other projects in other countries can offer cooperation to other such projects that will make both businesses to some extent international.

Absolutely yes! Cryptocurrency and the technology behind this really helped the world business because there are already companies and institutions who adopted blockchain technology and online stores that are now accepting bitcoin as a way payment so in that way bitcoin plays a big role in expanding the world business. This is also wanted by the founder of bitcoin Satoshi Nakamoto, he wants bitcoin as the main currency in online industries which good for payment methods.

[Kasabus]

I think both the blockchain technology and cryptocurrencies would help increase the output of companies as the chain of transaction is reduced through a decentralized platform. Also this will ensure transparency in all transactions hence reducing the occurrences of corruption

When it comes to the talk about corruption is the government or the authority who will implement the law.
It would be easy for them to do their job since blockchain is traceable and if they have the control, they can always find those who are violators of the law.

As this crypto or blockchain technology will increase its adoption, we cannot avoid there's a lot of challenges along the way.
But.. I can assure, this world is a better place to live when things are decentralized as corruption are mostly done by officials who makes and implement the law.

[Polar91]

Now a days business and product is for all. Every country exchange their core product with other countries to meet theit demand. What you think Is cryptocurrency help to expand the world business?

It expands the target client of a business which also expands also its potential growth. We all have different currencies around the world, thus sending money from client to the one who is selling the product or service is the major problem in which cryptocurrency resolves. It lessens the waiting hours/days of making transaction since the payment with crypto appears instantly or within minutes after it was sent.

[asus09]

When many people have use bitcoin you can be bitcoin as your business and you can take situation with bitcoin where your position as seller you can manage situation of bitcoin price, when bitcoin down keep holding all your profit from selling and hold it until price of bitcoin back to higher and you get double profit with your money in bitcoin.

[Moiyah]

Many companies and organization invest in crpto for they foresee it is fine investment and create big impact in the business industry.
The huge potential of cryptocurrency is inevitable as for today we observe the good and productive effect of digital money around the world. Reaching and having goods and services is just one click away if you have virtual currency. It is much hassle free and not time consuming for both customers and the manufacturers.

[Arsenyo]

I think yes. The most important is that it expands investment opportunity for fellow startups and established companies. Also you don’t have to worry about exchange rates when you are trading and buying, you don’t need to wait for payments as they are instant. And of course cryptocurrencies are simply a cheaper option to run a business.

[cotton ball]

Bitcoin have transparent payment system where no one could make fake transaction history payment and very help full for expand the world business, if many project want to adopt bitcoin is better for the future and their money system look better if using bitcoint han they have using money as payment method.

[Bezobraznike]

An individual can take advantage of the usefulness of bitcoin,they can conduct business overseas without minding the extra tax by government or bank.But,the bad people can take advantage of it too by conducting illegal activities,so before it settles,the effect of bitcoin to world business still not much.

   Except expanding the businesses overseas,  crypto-currencies can make the transactions easier for all involved parties.
It's a big advantage for the people and businesses.
   Scammers are everywhere. Is someone is not aware of them can be an easy target. It's why trust is very important, and
before we do some business we need to check reputation of the service we wish to use.
    Crypto-currencies don't have huge  effects on global businesses, it's shows how much we can grow more, we are at beginning.