Bitcoin Q&A: How will the Currency War Affect Companies?
3 years ago
3
Companies are going to have a hard time in the currency wars, especially ones which deal with gold, jewelry, electronic goods, or foreign exchange. This is already in opposition to the nationalist plans of our leaders. There's no Venezuelan Coinbase; all bitcoin exchange is person-to-person (or rather wheelbarrow-to-wheelbarrow). We've learned something interesting about exchanges based on events in China, because why have they not been shut down? When they had their bank accounts shut down, they bypassed the banking system completely and sold paper vouchers in grocery stores that could be redeemed for bitcoins. And often the first people to try to get out are the people who wrote the law.
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