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Likely a considerably higher exchange rate + fee ... but hey, who cares when the people spending the Bitcoin are only spending it when it's likely only much hig
by loceng 11y ago
Likely a considerably higher exchange rate + fee ... but hey, who cares when the people spending the Bitcoin are only spending it when it's likely only much higher than they acquired it for..
- ISL 11y agoThat only works if someone else is buying the bitcoin at the current exchange rate. Coinbase gets its dollars from someone to give to the merchant.
- loceng 11y agoRight, however I'm sure they can float a fair amount, holding onto Bitcoin until it's at a certain value again. So long as the scheme keeps growing..