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RE: What Kinds Of Businesses Would You Like To See Accept STEEM/SBD?

in #dpoll5 years ago

Voted for

  • Vehicles
  • Subscriptions (Netflix, Disney, etc.)
  • Other (please specify)

Basically, online services, online stores, autonomous cars. But it depends also on taxation and the applied exchange rate. If I lose money because of the high exchange rate margins, or if I have to declare every buying transaction as a source of capital gain tax, I would better forget it.

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Hey, @deathcross.

At this point, those are valid concerns, since if I remember correctly crypto isn't considered a form of currency, so who knows how'd they'd want to treat that. I guess we'd need to look at what they're doing with Bitcoin when someone uses it.

Ideally, though, there wouldn't be those issues. The online services and stores would just have the price in STEEM (even if it does adjust periodically), and there wouldn't be a need to worry about exchange rates. Unless I'm missing something... :)