RNT rent.com.au limited

Ann: Presentation to Coffee Microcaps, page-7

  1. 4,112 Posts.
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    First of all, not many people are going to pay their rent in crypto unless your talking about stable coins... an analogy that might make sense: no on is going to sell their shares to pay their rent.

    i.e don't pay for a product or service with an asset that could be worth more tomorrow.

    Cryptos are mostly an investment. Most people don't seem to realise this. People at the end of the day don't want to buy products or services with a deflationary currency.

    Having said that, the option may be good. But then if rentpay are doing the conversion to fiat they may need to pay capital gains tax on it, and keeping track of that is another Hassel.
    Last edited by pods: 08/11/21
 
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