Cryptocurrency Q&A
What is ERC explained simply?
What is ERC explained simply?
KDramaLegendary
Mon May 13 2024
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7 answers
1166
Could you please break down ERC for me in a simple way? I'm not a crypto expert, but I've heard this term a lot and it seems important in the world of cryptocurrency. Is ERC related to Ethereum? And if so, how does it fit into the bigger picture of blockchain technology and finance? I'm just trying to wrap my head around the basics here. Could you explain ERC in a way that's easy to understand, without too much technical jargon?
7 answers
Lorenzo
Wed May 15 2024
Employee Retention Credit (ERC) is a financial incentive.
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CosmicWave
Tue May 14 2024
Especially relevant during the COVID-19 pandemic.
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Giuseppe
Tue May 14 2024
It's a refundable payroll tax credit.
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CryptoLodestar
Tue May 14 2024
BTCC is a leading UK-based cryptocurrency exchange.
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henry_miller_astronomer
Tue May 14 2024
Created by the federal government, it aims to support businesses.
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