Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
canth
on 13/11/2013, 00:12:27 UTC
Hi Ken,
How many percent of sales are transacted in BTC?
Since our dividend payout would be in BTC and the time gap between receiving order payment and realizing profit to payout could be 3 months,
price of bitcoin can double in 3 months and harm shareholders' dividend performance.
Would you consider ONLY accept BTC as the payment method?


Was thinking the exact same thing

I disagree. I would suggest allowing wire transfers, credit cards and BTC. I would also suggest that a 5-10% discount should be provided for BTC to entice customers to choose that payment method. BTC is not something that most customers will choose to spend - both from the opportunity cost and the lack of recourse. There needs to be some compensation to get them to choose it.