-Product was paid for with BTC.
It's like me complaining that I paid in GBP and got back less GBP because the US dollar got weaker.
-BTC were not converted to fiat and keep in one wallet.
Irrelevant. The payment is USD with live conversion, hence the refund should be USD with live conversion.
With all due respect, Nathan, for I have no qualms with you (seriously), but for discussion purposes only, consider another scenario.
What if
Bitcoin 100 ceased to exist for some reason and all funds currently residing in a main wallet needed to be returned? Some of those donations were collected when Bitcoin was barely north of $2.00 USD per. Should I/we calculate the exchange rate for all the donations at the time they were given and return the exact dollar amount in BTC, or should we/I return the exact Bitcoin amount that was donated? If the former, Roger Ver would not be happy but, OTOH, the balance of Zhou Tong's donation would be pocketed. Of course, I would have
Dave Rassah do the accounting math.
Bitcoin 100 has no such clause as to how funds would be returned if such a scenario were to play out. One reason for being such is that I don't control the wallet. Rassah and Roger are the only two people capable of moving coins. But the right thing to do would be to return the exact Bitcoin amount, for there's three reputations at stake, surely two, and most definitely at least one.
Taking a quick look at the website, I'm seeing all figures in BTC only (hence accounting should be in BTC); USD or CAD or GBP is irrelevant. If BTC is the primary or sole currency then logically the refunds should be exact BTC values.
To be clear, I not trying to start a shitstorm with you Nate, but would love to continue this friendly discussion if it's warranted.
Agreed, but I doubt we'll ever agree.