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The problem is the prices of physical goods through bitcoin-accepting vendors are pinned to USD prices, albeit by proxy through bitcoin. Automatically adjusting
by knowaveragejoe 14y ago
The problem is the prices of physical goods through bitcoin-accepting vendors are pinned to USD prices, albeit by proxy through bitcoin. Automatically adjusting the price of items, even using an average, doesn't change the fact both you and the vendor run a high risk of taking a potentially huge opportunity cost.