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Michael Pfister
@pfista
Serious question: Why don’t more businesses today run purely on crypto? Is it legal? Accounting? Tax? Tooling? On/off ramps? Why not?
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Mirs (amir motlagh)
@mirs
3 fold: stigma of “casino”, confusing, volatility
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Michael Pfister
@pfista
Stablecoins address 1 and 3 “Confusing” can be solved by building great merchant tooling around crypto
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Mirs (amir motlagh)
@mirs
stable can address it if the narrative were that it were all completely transparent & backed…tether comes to mind confusing can be solved but it hasn’t. & the last thing is securing of assets…without a centralized & insured backer, most aren’t willing to take those risks in comparison to own your keys
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