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More companies are accepting bitcoin and other cryptocurrencies as payment, including PayPal and Starbucks, despite warnings about its volatility

More companies are accepting bitcoin and other cryptocurrencies as payment, including PayPal and Starbucks, despite warnings about its volatility



View Reddit by rey_millerView Source

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9 Comments

  1. I feel like paying for anything with straight Bitcoin is kind of dumb when you start to think about the long-term value of your holdings. It’s kind of like dipping into your 401k early and getting hit with a massive tax.

  2. Because the risk of volatility is levied to the buyer who already “accepted” this volatility risk, meanwhile the merchant received the money in the form of fiat. That is written in their TnC.

  3. If you’re an entrepreneur, you should follow as well.

    Our company has been doing it for quite some time.

    It literally can’t go tits up.

    (except during the beer market)

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