How do you think can bitcoin affect the companies/developers who manages online games if they want to be part of this? Will it be alright if they use this as part of their payment option on the game even if the rate of Bitcoin isn't stable?
Bitcoin/cryptocurrency.....like a token... its like placing your money in the digital world, use to buy/paid for service/goods online without involving the banks(no credit card, debit) and government(tax).... So they are cut off......
Example..
Old system...LIke this I bought a online games for $100, i have to pay 9$ tax, then I sold a used PS4 console $100 dollars they will tax me for $9.... then repeat this process hundred time or thousand times... Your losing money
Bitcoin/cryptosystem....LIke this I bought a online games for 0.001 bitcoin, no tax because government does not recognized bitcoin, then I sold a used PS4 console 0.001 bitcoin, no tax because government does not recognized bitcoin.... then repeat this process hundred time or thousand times... fiat money that comes out from you remain constant..
(the bank equation is not yet included in this system)
So its no brainer, for both consumer and game developer/seller not to get involved in bitcoin/crypto...this is a perfect system for them..
Its getting more exciting (and scary)because its looks like they are using this to cryptocurrency to raise money for start up business(like a stock market?)...I hope the government will get involved soon so bad people will not exploit this system.
