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> Maybe they should sell it in Bitcoin and *automatically trade for dollars* Looks like you didn't read the parent comment.
by authed 5y ago
> Maybe they should sell it in Bitcoin and *automatically trade for dollars*
Looks like you didn't read the parent comment.
- arcticbull 5y agoThat doesn’t mean they wouldn’t need to change the sticker continuously thought right? This is almost certainly what they’re doing with Lira now.
- authed 5y agoCharge a price in USD, but accept bitcoins for it?
- arcticbull 5y agoThere's absolutely no reason I can think of for doing that - instead of posting a price if USD or EUR and accepting paying in TRY. They'd have to exchange that Bitcoin for TRY anyway to pay their local staff, and they'd have to convert the balance to USD or EUR anyways. It's just extra lossy steps with huge volatility.