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> I'd assume the megacorps will take it up once the instability gets smoothed out a bit. Why would they care if they get paid through bitpay or coinbase in USD
by zanny 13y ago
> I'd assume the megacorps will take it up once the instability gets smoothed out a bit.
Why would they care if they get paid through bitpay or coinbase in USD anyway? It doesn't actually matter the current exchange rate for btc because they get the same USD anyway.
- Karunamon 13y agoIf it were me, it would be because the visual prices fluctuate on the site. If you put some stuff in your cart, wait a day, and find out the price went up by the equivalent of $100, it doesn't make the retailer look good.
- nedwin 13y agoSomeone has to handle that transaction - like Coinbase. Part of their risk is that Coinbase, still an early stage company, isn't reliable enough to process their volume. They could have issues with how they process transactions, all kinds of things could come up. Part of it is being risk-averse to BTC itself, part is being risk-averse to early stage payment gateways.