I've noticed that many blue-chip companies seem to be avoiding investing or dealing with cryptocurrencies. I'm curious about the reasons behind this trend. Why would these established, financially stable companies steer clear of crypto?
7
answers
Lucia
Mon Feb 17 2025
This lack of clear regulatory guidance has deterred businesses from using crypto as a payment method.
DigitalDukedom
Mon Feb 17 2025
The primary reason for this avoidance is the volatility of bitcoin and other tokens.
Carolina
Mon Feb 17 2025
This volatility makes them impractical for use in daily commerce.
CryptoTitan
Mon Feb 17 2025
The price fluctuations are too extreme for them to serve as a stable means of exchange.
Tommaso
Mon Feb 17 2025
Blue-chip companies have largely refrained from adopting cryptocurrency.