Cryptocurrency Can Be An Inspiration for Starting A New Business
I can only speak for myself, I guess.
I'm just an average joe who works for a living. I am always amazed at business owners and what they're willing to go through daily to keep their shit together. Paying rent, employees and all the bills- lots of bills that are associated with the business they run. And regulations and taxes too... the whole nine yards!
So, by working for other people, I don't have to worry about any of that except to take care of my job...
But cryptocurrency and the new ideas that came with coins and tokens (or the other way around, the new coins and tokens that came with some great ideas) do make me wish I owned some kind of business. More specifically, a retail or mail order business that sells products or provides services to people. I wouldn't even be biased in regards to any coins. People could choose to use whichever crypto they like and I will accept all of them. For as long as I can convert them to the USD and pay whatever taxes that I need to pay so I can keep the govt from shutting me down or taking me to jail.
But at the very least, by accepting cryptocurrency for my goods and services, I will already break free from the big banks! I won't have to pay their fees or pass them on to my customers. Although there's still a fee, it's to the minimum because there is much less weight on the middleman that rides along. For example, if I were to send $50 to my brother in Vietnam, I often have to pay $55 to WesternUnion to get that done. If you can provide a money-pick up service, be it stationary or mobile, in VN in the city where my brother resides, you can just take my 5,100 RDDs (let's just say 1 rdd = 1c) and then profit 2% instead of 10% like WesternUnion takes from me and my brother! That way, the next time, I will be able to send him $53.90 and he gets to buy more food while I will still only pay you $55 or 5,500 RDDs as I normally pay the WU every two weeks.
You get to run a successful business. I as your customer will be much happier because I can help my brother a little bit more--actually you should be very happy because you just give someone you don't even know a 7.8% pay raise!
That's my two cents. Just something to think about for today.