4 ms·
Why would anyone then pay in bitcoin?
by throwaway4good 6y ago
Why would anyone then pay in bitcoin?
- UncleMeat 6y agoMemes. There is a sizable portion of people who have made oodles of money on cryptocurrencies and spending it for the story has become valuable. It is the "I am rich" effect but for a different audience.
- throwaway4good 6y agoThe marketing angle makes sense. But it also risky. If the there is a major correction in the price of bitcoin, then Tesla is not going look so good. However the refund policy is an explicit loss to the customer. You would have to be silly to accept that.
- chii 6y agoi suppose it allows for tax evasion - by paying directly in bitcoin, without conversion to a fiat, you avoid the gains from being detected and taxed.