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crypto is highly volatile however, and you dont know if you're gonna have the same buying power, a tenth of it, or 5 times of it within a months time.
by thecatspaw 8y ago
crypto is highly volatile however, and you dont know if you're gonna have the same buying power, a tenth of it, or 5 times of it within a months time.
- andygor 8y agoThat's true, especially for physical products.
- ginger_beer_m 8y agoTake the volatile crypto (e.g. bitcoin or ethereum) and immediately sell them for stablecoins like DAI to retain the buying power. https://medium.com/@james_3093/the-dai-stablecoin-is-a-game-changer-for-ethereum-and-the-entire-cryptocurrency-ecosystem-13fb412d1e75 https://medium.com/@james_3093/the-dai-stablecoin-is-a-game-.... Anyway if the fundraising is over a short period of time, maybe even a volatile crypto might do the job.