Post
Topic
Board Economics
Re: Is it helpful or harmful to the Bitcoin to offer products/services only in BTC?
by
akiliholmes
on 26/06/2015, 04:42:51 UTC
I like this idea tho the spikes and falls of BTC against local fiat currencies, currently, does not allow for fixed pricing.

I wonder... if you put BTC price tags on everything and prohibited returns, but fixed the exchange rate at your store to somewhere above market like $1250 USD/BTC. So if people wanted to pay fiat for an item you price at BTC0.5 (that you bought wholesale for the equivalent of BTC0.25 at $240 USD/BTC), they'd have to pay $625 USD.