I primarily export, B2B wholesale clothing primarily OUTSIDE of USA (HAWAII) to B2B customers in: Australia (NO sales 120 days) Brunei (just started 30 days ago) France (1 old deal done new dealer) Germany (dead, they are hurting big time) Hong Kong (through distributor in Hong Kong) Japan (down 90% due to the travel restrictions over last three years) Mainland China (through distributor in Hong Kong) Macau (Through distributor in Hong Kong) New Zealand (NO sales 90 days) Taiwan (through distributor in Hong Kong) Thailand (Bangkok) United Kingdom (England) Only one customer since Brexit.

Bitcoin the USD and the receiving Country Importer

Some of the issues The ever increasing cost of shipping. The ever increasing rising cost of goods.

Regardless if you receive payment in Bitcoin there will always be a comparison the the USD, for one thing, it's declared on the export documents that both the importer in the receiving Country and the shipping exporters Country in my case USA.

The amount of duties is out of control into USA as an importer, as a simple example 100% Rayon fabric imported from India as an example into the USA to be used in the USA (Hawaii) to manufacture "Hawaiian Shirts" get's charged 27.3 % duty PLUS additional paperwork charges, PLUS the shipping, plus the labor cost in Hawaii. At the end of the day we still have not calculated any sales commissions that have to be taken out of the final WHOLESALE selling price.

So if a company in the USA (Hawaii) wants to accept Bitcoin they have to plan about an hour at minimum to keep track of how and when the perceived value of the Bitcoin that was received on a daily, repeat daily basis is accounted for any payments received towards a normal B2B transaction, not easy.

The Good news/Great news Bitcoin works, the developing Countries will grow faster than the USA in regards to actual daily B2B and B2 use. The African Continent will manifest fast with the adaption, obviously the biggest challenge is the same of the USA they're and our Governments want to stop the approval of Bitcoin.

The Bad news 90% of my peers suppliers, customers in the USA tell me the same thing, comments something like "But the U.S. will stop Bitcoin, "we'll get in trouble, the American Government won't allow Bitcoin", "they are charging Bitcoin miners 30% tax how much will we be charged, or will they just not allow Bitcoin ?

Aloha Rich