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They're going to have a reserve fund of BTC / USD to make exchanging easy, and I'd assume that will have a rate that most merchants use.
by TimJRobinson 5y ago
They're going to have a reserve fund of BTC / USD to make exchanging easy, and I'd assume that will have a rate that most merchants use.
- londons_explore 5y agoWill $150million USD be a big enough reserve? Assuming anyone can exchange against that, I can imagine that being wiped out in just a few hours of a bitcoin whale deciding they want to cash out...
- nly 5y agoThey can control the spread on exchanging against their reserve