Quote:
Originally Posted by fuzebox
This topic is not about bitcoin as an investment or asset class.
This topic is about high volume, low margin affiliate programs who have a lot of throughput and payable accounts.
If a US-based program pays out 7 figures a week to affiliates, it is impractical for them to keep acquiring BTC on an exchange at that kind of volume, and will invite a tax audit.
|
Agree about BTC. It is too volatile and their network is not good for high volume small transactions. But there are plenty of alternatives to BTC that don't have the same issues. There are also stable coins like USDT and USDC that are tied to the USD.