Bitcoin is a great buzzword. People are now seeing more and more shops put outposts that say accepting bitcoin. It suddenly changes the whole normal shop you go to for errands to this ultra fab, no joke shop. And this is some of that marketing that you need for your business right now, in a world of unoriginality and repetitive uncreativity.
But, is it worth it though? Is it? No really, think, is it? We love bitcoin. We love how it came out and changed the possibilities of the blurry future. It changed so much, it gave us blockchain that could do something and that led to more and more developments into the same fine idea, changing the world. It builds out a community, a cult of people out of nothingness. And then more and more cults within this kept propping out.
When adding bitcoin to your business, remember that you are buying all that there is to it, through offering it and making a bold statement saying that you ‘accept’ it. Bitcoin is not a stable coin. Stable coins are not bitcoin. This means what you are up to can be a big gamble. But, what is life without a little risk right?
Ethereum is an upgrade on bitcoin. It is an improved and new formula, then came others. Some forgotten, lots of them dead, a few are good for nothing, a few are too cool to be used and rest are well, struggling. But, so is bitcoin. We are all struggling with a great idea that adds flavor but the flavor is too much and too uncertain for some.
If you are an IT business, if your audience is that of gamers, thinkers, economists, finance people, wall street lovers but not the traditional kind, then you are good to go, a little cash flow problem is nothing that could not be tolerated right? But, if you are still a small gun hoping to become bigger when then hey, you should wait out till the clouds go away. It will soon be stable, well, by soon we mean once the singularity takes over, it will be usable and fun. Although whether it will still be a hip and unique thing to do is a big doubtful perhaps, until then, if this is the kind of risk you want then go for it, how bad could it be?
But, if not then, stay clear, give it time and enjoy the rest see what happens and experience closely.