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A comment on MasterCard to open up network to cryptocurrencies. Parent comment

Re:MasterCard to open up network to cryptocurrencies by Sargos on Thursday February 11, 2021 @01:40PM (#26105429)
In this case it would be their ability to prevent you from having to deal with crypto taxes since you just receive USD like normal.
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Re:MasterCard to open up network to cryptocurrencies by koonsolo on Thursday February 11, 2021 @04:31PM (#26107559)
All businesses have accountants to figure that out.
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Re:MasterCard to open up network to cryptocurrencies by Sargos on Thursday February 11, 2021 @04:47PM (#26107795)
Yeah and those accountants charge by the hour. Crypto taxes take up a lot of hours (and that's if your accountant already knows how to deal with crypto). The vast majority of small businesses don't have dedicated accountants and having to pay for the overhead of dealing with crypto is not in their already strained budgets.
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