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Topic: Is cryptocurrency help to expand the world business? (Read 9820 times)

sr. member
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Cryptocurrency is used in large volume transaction to ease the procedures involved with banking. Governments won't easily legalise the usage of cryptocurrencies in the near future. Cryptocurrency help with cross border transaction in a very short time than banking. On widening business everyone look for ease in accessibility. This can be achieved through the use of cryptocurrencies. If I'm not wrong, more such business related transactions were taking place now illegally as no government have given amendment based law to support.
full member
Activity: 504
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Cryptocurrencies will certainly help businesses better manage and do business.
First of all, it will be easier to raise capital through ICOs without much legal difficulty if the place they register for their business has full ICO regulations.
Next, the promotion will be better because investors come from all over. If the business is good, people will find it on their own.
The distribution of annual dividends is easier through smart contracts on tokens that investors own.
jr. member
Activity: 96
Merit: 3
Cryptocurrency does really help business around the world because of this it actually gives them options into accepting their payments and different customers especially those who own's cryptocurrency.
It can also help them earn and invest their income at the same time, but it can also have a negative way if it is not invested properly. If I do have a business accepting cryptocurrency would be a great asset and would give me more customers around the world.
Crypto connects more people, specially those people who are really far from each other like if they want transactions with someone across the globe they can now for we have crypto to have a convenient business transactions, this also expand your customers for everyone around the world can buy to you for we dont need to worry about money difference and lastly this also teaches not only you but your customers to adapt to technology so when the time comes that the world goes cashless you dont need to learn or study it for you have done it way earlier, same thing with your customers.
copper member
Activity: 28
Merit: 0
Cryptocurrency does really help business around the world because of this it actually gives them options into accepting their payments and different customers especially those who own's cryptocurrency.
It can also help them earn and invest their income at the same time, but it can also have a negative way if it is not invested properly. If I do have a business accepting cryptocurrency would be a great asset and would give me more customers around the world.
legendary
Activity: 1722
Merit: 1007
Degen in the Space
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?
In terms of transactions and convenience it certainly helps in buying and selling goods, to expand it is a different concept. Cryptocurrency is a currency that is still not official, if large-scale businesses use it it will be a good trend of interest for people, there is no business progress in my opinion. Business development is a concept that must be developed by the owner, not because of the currency used.
There are business nowadays who depends on the currency used especially if the digital currency has a lot of features and really useful so I think both will be better. Cryptocurrency will surely be a great help and will open a lot of opportunities for the people to open their business. Cryptocurrency is very complex and has a lot of features that can be used in different things, it will surely bring a lot of changes in our society if implemented and that will grow and expand the world business.
member
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Definitely will help expand the cryptocurrency world business. Because there are so multiple windfalls due to which it is probable to wield it everywhere as well as get abundant benefits.
Cryptocurrency has the aptitude to expand the world business.
sr. member
Activity: 1274
Merit: 252
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?
In terms of transactions and convenience it certainly helps in buying and selling goods, to expand it is a different concept. Cryptocurrency is a currency that is still not official, if large-scale businesses use it it will be a good trend of interest for people, there is no business progress in my opinion. Business development is a concept that must be developed by the owner, not because of the currency used.
sr. member
Activity: 1512
Merit: 292
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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.

This does not happen in business. You will have certain obligations as the seller or buyer. You will very much depend on the current price of bitcoin, which will make strategic planning of your further development and expansion almost impossible. In view of this, I would use bitcoin as an additional option for payment and investment.
sr. member
Activity: 2366
Merit: 305
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Absolutely yes. Cryptocurrency really helps a lot to expand the world business because this time many people are our investing on it and also you can now use crypto as payment so it's less hassle to a lot of consumers and that's a very good help because there are also no taxes in every transaction you will be made. Aside from that, they will might use blockchain technology for their payment processor just like other companies do.
sr. member
Activity: 896
Merit: 267
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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?

Yes absolutely. In this digital era adopting the technology is a must for businesses. They should apply these new technology to their business so that they don't miss the possible benefits of these advancements. In the case of crypto, if they tend to accept it to their business, they became more accessible and their business become more convenient for people because a lot of us are already using bitcoin in our daily life. As we can notice, there are some groceries wherein you can buy bitcoin as easy as one two three.
legendary
Activity: 3164
Merit: 1187
Without a doubt cryptocurrencies are helping a lot of world businesses to grow and expand further more but so far we can only talk about Blockchain and Bitcoin as this 2 are the main reasons not only to expand but to create new businesses who creates new jobs and this new jobs help a lot of new people that even didn't have a job or they simply move to a new one.

Lets be honest and admit that everyone who has a serious business has think at least once to start a new one involving blockchain tech or even to implement it into its current one and remember we are still in the early days of blockchain and bitcoin so until 2025 we gonna have a serious increase in jobs around Bitcoin, ripple , ethereum and who knows what awesome coin will be on market until then. Bitcoin is reshaping the world in small steps.
sr. member
Activity: 1456
Merit: 267
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I dont understand what are you trying to say but to answer your question in your thread's tittle.
In theory it should allow easier ,faster trade which is important for business and trade in general but in reality bussines do not have means to use crypto for their international transfer because there is no framework for that also legally speaking its hard to do that.
And considering the volatility most businesses are aware about possible changes of value of any assets, but usability wise blockchain can help a lot in terms of doing faster transactions and transferring of payment from borders to borders.

If crypto will fill the real intentions of this system, it's design to help financial system and work alongside with institutional payment process, Just need to adopt and collaborate with how it can be more useful to any venue of transactions.
member
Activity: 434
Merit: 25
Cryptocurrencies are positively impacting world business due to various factors that they have to offer. Transactions across borders have become very cheap due to a decrease in the transactional fees and taxes, which were previously very high. The world business market has also been widened greatly. Cryptocurrencies are providing the opportunity for every person to become part of the blockchain revolution regardless of their location in the world.
sr. member
Activity: 1344
Merit: 270
Transparent system transaction using cryptocurrency is why many industries and companies want to adopt bitcoin as transaction payment, it will help world business with their payment will be transparent and no one can fake the transaction payment history, costumer can take benefit with have good service using crypto for every business.
full member
Activity: 490
Merit: 123
I dont understand what are you trying to say but to answer your question in your thread's tittle.
In theory it should allow easier ,faster trade which is important for business and trade in general but in reality bussines do not have means to use crypto for their international transfer because there is no framework for that also legally speaking its hard to do that.
hero member
Activity: 1078
Merit: 507
Cryptocurrency can definitely help in facilitating the global business and transactions. But whether decentralized currencies are efficient enough to facilitate the global business is the question. Because of the high volatility of cryptos, there is a need of hedging. Though they provide real time payment system but they are alternatives available which are more stable and hence are preferred. Until and unless the volatility is reduced, I doubt people will be shifting towards them.
legendary
Activity: 1386
Merit: 1001
Yes, it is obvious that cryptocurrency help to expand the world business, because we see almost daily new startups launching and having the plans to integrate blockchain technology into so many new fields, these projects will offer new job opportunities for so many people around the world. Also, there are a lot of people working full time with trading cryptocurrencies.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
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.
sr. member
Activity: 1288
Merit: 253
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.
sr. member
Activity: 728
Merit: 250
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.
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