Quote:
Originally Posted by dyna mo
i understand that. nevertheless, if something is $5, why would i buy it with bitcoin values increasing 10x in the last year alone?
it's the equivalent of spending $50 on a $5 item, as dwb points out those customers are of more value because they are giving up an investment to make a purchase.
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Not sure if this is what you are saying, but we charge our bitcoin customers via a USD price. That way it doesn't matter what a btc is worth at that moment, as it always changes out to the dollar exchange we set, $20 for example. So the fee is always $20 and not whatever btc is at the moment. Btc is too volatile to charge the price in btc.