#I mean... I feel like that's kind of an

1 messages · Page 1 of 1 (latest)

kind magnet
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Crypto isn't really volatile. The price goes up if the supply goes down, the price goes down if the supply exceeds demand. All currencies have financial risk associated with them, that I'm not denying, but in my position I'd be more focused on the business side of things... There are sanctions in place for a reason. I don't know much about them, and I think they'd be best to consult a lawyer to find out. Given that crypto is a lot less anonymous than other forms of currency in the sense the transactions are public, it doesn't strike me as a wise move to do something potentially criminal with it.

lime charm
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criminal potential is a great second reason to find this situation dubious.

kind magnet
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Yeah, assuming it was legal, and you sold the crypto immediately after it was received, you'd decrease the chance of the value decreasing/increasing. In that sense crypto may have a place for them. Trading volumes are extremely high right now partially due to BlackRock, but that goes more into trading which is beyond the scope of design.

fading wave
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I see. Im just planning to cash out as soon as i recieve the pay

brittle rain
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It depends on the crypto currency you're receiving it in. If it's a stable crypto currency like USDT, you're fine since it's meant to follow USD price.

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Just don't accept crypto payment in anything like Bitcoin or Ethereum

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@fading wave