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Blockchains Can Insulate Your Business From Global Instability and Corruption

Altszn.com by Altszn.com
August 6, 2024
in Blockchain, Crypto, DeFi, Web3
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Blockchains Can Insulate Your Business From Global Instability and Corruption
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Most companies, especially big ones, have little choice other than to play by the rules, however arbitrary they might be. This is one of the reasons cryptocurrency adoption in many countries by consumers has far outpaced that by enterprises. Governments generally do not have the power to prosecute every consumer for every infraction. Exchanging your local currency for crypto or stablecoins may not be legal, but individuals can often fly beneath the radar. Businesses, however, have real-world assets, such as real estate and factories of immense value, that can be seized as penalties.

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Read More: www.coindesk.com

Tags: BlockchainsbusinessCorruptionDeFiGlobalinstabilityinsulate
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