Comment on Gonna be a great day!
FlyingSquid@lemmy.world 7 months agoAgain, volatility. When the price isn’t stable, you could lose massively.
Comment on Gonna be a great day!
FlyingSquid@lemmy.world 7 months agoAgain, volatility. When the price isn’t stable, you could lose massively.
schmidtster@lemmy.world 7 months 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…
FlyingSquid@lemmy.world 7 months 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.
schmidtster@lemmy.world 7 months ago
Huh…. just like any other currency/foreign currency already…
It doesn’t matter to the store, and these companies are making profit or they wouldn’t be around anymore.
FlyingSquid@lemmy.world 7 months ago
Wait… you’re saying Starbucks wouldn’t be around anymore if it stopped gambling on Bitcoin?