Comment on Gonna be a great day!

• schmidtster@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Shy it coverts to cash and they are paid in cash?

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  • FlyingSquid@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Again, volatility. When the price isn’t stable, you could lose massively.

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    • schmidtster@lemmy.world ⁨1⁩ ⁨year⁩ ago

      It doesn’t matter in the sightest…. If it takes 5 bitcoins or .5 bitcoins the shop still gets their $1.50 for a coffee minus their fee…

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      • FlyingSquid@lemmy.world ⁨1⁩ ⁨year⁩ ago

        If 5 bitcoins is suddenly worth 3 bitcoins, the exchange rate will change and the company will lose money. It’s a major gamble.

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