I started naturehackerproducts.com in 2014. At that point none of my suppliers accepted paypal. So I had a real merchant account that deposited money directly into my account. All in all it cost me about $100 a month to do that, $40 a month up front and then fees for every purchase.
After a couple of years of that, I couldn't afford it anymore. A few of my suppliers started accepting paypal and then I made the transition to paypal which took no monthly fee.
A couple months ago every single one of my suppliers accepted paypal. So paypal went from very low adoption to full adoption in just 8 years.
Everything was good up until a couple months ago when paypal started reporting everyone who made over $600 a year to the IRS. Not wanting to be tattled on (which would grossly overestimate my income and I would have to prove to the IRS that almost all my income was expenses) I switched teefpowder.com to only accept crypto.
A couple of my suppliers accept crypto now, and I can even buy postage with crypto. So if crypto follows paypal adoption within 8 years crypto will be accepted everywhere for anything you could need. I suggest businesses get a jump on it sooner rather than later.
Despite the lies of the Canadian Government and others that they can sieze crypto accounts, they cannot. All you have to do is withdrawl your crypto from an exchange and onto your own wallet that you have sole control of and it can never be taken away from you or frozen.
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