4 ms·
How would you deal with the currency risk inherent in dealing with cryptocurrency? Assume that the landlord, vendors, tax man, and employees all want USD from y
by quickthrowman 4y ago
How would you deal with the currency risk inherent in dealing with cryptocurrency? Assume that the landlord, vendors, tax man, and employees all want USD from you, and do not accept cryptocurrency as payment.
Please explain how you would protect yourself from adverse price movements in cryptocurrencies as a merchant to ensure you have enough USD to pay all your obligations.
- michaelsbradley 4y agoAccept DAI and form a relationship with a crypto-fiat exchange that offers institutional accounts? https://www.coingecko.com/en/coins/dai https://www.coingecko.com/en/coins/dai
- Zpalmtree 4y agoswap your Bitcoin/eth/whatever for usdc/usdt/dai/other stables