RE: GS20 Exchange26 Jul 2024 01:49
Please don’t consider posts as questioning the rates. Published rates just that and obviously they will vary depending on the size of the transactions to be competitive and attractive to B2B. Joe blogs and co will get their own rates.
The minimum I’m using is purely for managing expectations. Anything higher is a bonus. As we now go along we can put a monetary valve to the daily weekly exchange figures coupled with Semnet and other pillars.
It no more than working out how revenue an oil company is earning on the number of barrels of per day producing. However big difference is oil company will have variables like price of oil , maintenance, declines and hedge discounts.
GST will not have to issue when working out revenue if the exchange figures are correct.
I said 2 years it’s going to be like printing money. Now politics set a side of the lab Government get their fingers out they just might get the boost the coffers need with fintech. Let’s be ahead of the curve not behind it.
There’s going to be a lot of money in this sector for all of we are in at the start.