Dogecoin (CRYPTO: DOGE) creator Billy Markus reasoned that businesses are still reluctant to accept DOGE and Bitcoin (CRYPTO: BTC) because of the cryptocurrencies’ underlying volatility and tax burden.
What Happened: “Probably [because] taxes are a pain in the [a*s] and it’s volatile [as f**k],” Markus said in response to a tweet from a Twitter user asking why big businesses aren’t adopting the meme coin as a means of payment despite the blockchain’s low transaction speeds and security.
most businesses don’t …
Full story available on Benzinga.com