Bitcoin "eCommerce" Trick
The Bitcoin eCommerce” trick is basically where you accept “crypto” money in an eCommerce store (for real world goods). Whilst the payment you receive will be 100% “crypto”, you’re able to exchange the “cost” of goods sold (COGS) out via an exchange, and keep the profits as “crypto”. The aim is to ride any price increases in the underlying “crypto” assets, which should amplify your profits. Obviously, this works the other way – in that it could also lead to Read More