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/biz/ - Business & Finance

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4063493 No.4063493 [Reply] [Original]

For example, if Amazon were to accept BTC, how would they take into account volatility of the coin? Especially considering the length of time it takes for transactions to go through. Just using Amazon as an example though, thinking more of widespread use. Can't really wrap my head around how it would be adopted if that's the case. Also, do restaurants or bars accepting BTC just say fuck it to the volatility since they expect it to rise anyway?

>> No.4063662

Amazon is not going to fucking accept BTC.

And volatility is unironically the best part of cryptos, someone will lose money, I know, but someone will make huge gains.

>> No.4063712

>>4063662
>if Amazon were to accept BTC
It's a hypothetical question, brainlet. You literally didn't contribute to the discussion at all.

>> No.4063726

>>4063712
Neither did you idiot.

>> No.4063767

>>4063493
unironically amazon would be better off accepting tether

>> No.4063792

>>4063726
No shit, sherlock.

>> No.4063895

>>4063662
As the other anon said I'm just using it as an example. How would you expect crypto to be widely used if it's going to be extremely volatile? It'd be bad for both buyers and sellers, depending on how it fluctuates at that time. Was wondering why would fastfood chains accept ETH/BTC, etc. etc.