• Flying Squid@lemmy.worldM
    32·
    8 months ago

    If 5 bitcoins is suddenly worth 3 bitcoins, the exchange rate will change and the company will lose money. It’s a major gamble.

    • schmidtster@lemmy.world
      11·
      8 months ago

      Huh…. just like any other currency/foreign currency already…

      It doesn’t matter to the store, and these companies that provide the services are making profit or they wouldn’t be around anymore.

      They charge less fess than credit card companies, they get a cut from every sale, just like credit cards do…

      It’s a viable business sorry mate, bark up a different tree.

      • Flying Squid@lemmy.worldM
        21·
        8 months ago

        Wait… you’re saying Starbucks wouldn’t be around anymore if it stopped gambling on Bitcoin?

            • schmidtster@lemmy.world
              11·
              8 months ago

              That is one of many storefronts that accept crypto yes.

              I’m trying to figure the point of your fallacious argument out, help?

              • Flying Squid@lemmy.worldM
                22·
                8 months ago

                It doesn’t matter to the store, and these companies that provide the services are making profit or they wouldn’t be around anymore.

                Your words. If Starbucks didn’t provide the service, they wouldn’t be around anymore according to you.