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Why most companies don't use crypto as their payment gateway.
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[QUOTE="Jasz, post: 249519, member: 61772"] The main reason why companies don't use crypto as their payment gateway is because of the volatility. The prices of Bitcoin, Ethereum and other cryptocurrencies are extremely volatile and can change drastically in a matter of days or even hours. This makes it very difficult for companies to accept cryptocurrencies as payment for goods and services. Another reason why companies don't use crypto as their payment gateway is because there is no regulatory framework for cryptocurrencies in many countries. This means that there are no laws to protect consumers who buy products or services using cryptocurrencies such as Bitcoin and Ethereum. There is also no legal recourse should something go wrong with a purchase made using cryptocurrency like Bitcoin. This is why most companies don't use crypto as their payment gateway yet but they will begin using them when more regulations are put in place that protect both consumers and merchants alike. The current state of cryptocurrency is very much like the wild west. There are many people who don't understand it and there are many scammers and con artists who are trying to take advantage of this. This makes it difficult for businesses to accept crypto payments because they don't want to risk their reputation by accepting payments from untrusted sources. [/QUOTE]
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Why most companies don't use crypto as their payment gateway.
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