The good thing about marketing, and modern tech business is that, if you want to earn another certain currency, honestly all you have to do is launch a domain name in said ccTLD. I've lived in n-eu for a while, but less than 10% of my income was actually EUR.
If EUR falls, to me that is the day it reaches <USD, what would you guys do?
Hosting accounts would become 'expensive', advertising, products, credits etc. would all become 'expensive' as in they'd cost more pound for pound, rather than being a saving of some sort.
Few people realize it, but CNY is almost the strongest currencies in the world right now. The pound is still historically strong.
If EUR falls, it means EUR property could be purchased cheap as long as its paid for in foreign currency.
I know a couple of organizations who use quite genius methods of commerce to effectively trade currency and have a stable supply of whatever denomination they'd want. They trade their existing cheap [and widely-available...] currency for low-priced tangible goods in a high currency jurisdiction, and then re-sell the goods from within that jurisdiction back to their own nation at retail price, except in another denomination. The business model is not done to actually profit from these sales, it's just there to manipulate currency income. All trades are done from VAT-free, and mostly <9% total tax accounts.
If possible, I think it would be good to have a certain amount of CNY. It would be difficult for someone who is not currently a Chinese state citizen though. The Chinese government is extremely protective of both their own currency, as well as any other currency entering or leaving their soil.
If EUR falls, to me that is the day it reaches <USD, what would you guys do?
Hosting accounts would become 'expensive', advertising, products, credits etc. would all become 'expensive' as in they'd cost more pound for pound, rather than being a saving of some sort.
Few people realize it, but CNY is almost the strongest currencies in the world right now. The pound is still historically strong.
If EUR falls, it means EUR property could be purchased cheap as long as its paid for in foreign currency.
I know a couple of organizations who use quite genius methods of commerce to effectively trade currency and have a stable supply of whatever denomination they'd want. They trade their existing cheap [and widely-available...] currency for low-priced tangible goods in a high currency jurisdiction, and then re-sell the goods from within that jurisdiction back to their own nation at retail price, except in another denomination. The business model is not done to actually profit from these sales, it's just there to manipulate currency income. All trades are done from VAT-free, and mostly <9% total tax accounts.
If possible, I think it would be good to have a certain amount of CNY. It would be difficult for someone who is not currently a Chinese state citizen though. The Chinese government is extremely protective of both their own currency, as well as any other currency entering or leaving their soil.
