HARD PILL TO SWALLOW: If your coins sole purpose is payments, but it’s not a stablecoin - it won’t make it.
Imagine being a business owner and accepting payments in a coin that reduces in value 10-80% by the time you need to declare your income or pay for things. If it goes up in value - great. Until you need to sell it for fiat, which is an additional taxable event. Businesses need stability and predictability, not additional and unnecessary risk. Sure, crypto is a great medium of exchange. But the only way crypto can be used for payments on a massive scale (like fiat) is if it’s a stablecoin. It’s tax-efficient and more profitable for businesses (earn high yield safely).
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✨Metaverse✨ In its most complete form, it will be a series of decentralized, interconnected virtual worlds with a fully functioning economy where people can do almost anything they can do in the physical world. More from @brian_armstrong and @areeve👇https://t.co/QYzqOclrs3
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It's about to become easier to be a #Binance VIP! More perks, less effort. You could receive benefits like lower fees, higher withdrawal limits and much more. https://t.co/8Umn1JOliR
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Fed Chairman Jerome Powell does not see #cryptocurrencies as a financial-stability concern at the moment. #bitcoin #crypto #cryptocurrency https://t.co/gRHTbKVTey
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Prominent #bitcoin investor and podcast host @PeterMcCormack has bought UK football club @realbedford with the goal of getting it promoted all the way to the Premier League by turning it into a “bitcoin club.” @elitanjourno reports https://t.co/qkLjlPUMgm
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Welcome to the chop season. The season where all the gains of day 1 are lost on day 2 and everything flip/flops within 24 hours, also the ideas of people on the markets.
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Not saying Coinbase Wallet does it all… but we’re not NOT saying that either! Download @CoinbaseWallet here 👇 https://t.co/RQFnnXc1pf https://t.co/wXQmHFkot1
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Crypto exchange Binance held discussions with regulators in the UAE about a potential headquarters in the Gulf Arab nation https://t.co/fZWVriAqf8 via @technology
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Melania Trump announces NFTs. Twitter jumps in with the jokes. @elitanjourno reports https://t.co/h4cyOh2XM5
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It's just standard bottoming procedure, I guess. Making people flip/flop heavily in their bias and direction of the markets until everyone is squeezed out and then the market reverses.
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NEW: Congressional candidate @shrinakurani is dropping 2,022 NFTs on Solana as part of her campaign to win a seat on the House of Representatives. @nikhileshde reports https://t.co/Yd7LcVOOPX
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Bitcoin․com sponsors undefeated Gilberto Ramirez in a final eliminator before a shot at the WBA light heavyweight title. https://t.co/FtY29ecvv2
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EXCLUSIVE: Dune Analytics is raising funds at a $1 billion valuation: sources by @RyanJamesWeeks & @fintechfrank https://t.co/XOmk6bfNIY
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