Re:21 Makes Bitcoin Useful to Developers
by kordless on Wednesday May 04, 2016 @04:15PM
(#11631381)
Variable costs are scary, but they are scary because they may change at a future date, not because they are variable. With a cryptocurrency backed API call, you can enter into contracts over variable periods of time to lock in price. This will give consumers of the API calls a way to predict costs moving forward. It essentially builds a futures market framework as well, and that's pretty well known to us by now. We can manage it with existing toolsets.
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Re:21 Makes Bitcoin Useful to Developers
by danielrhodes on Thursday May 05, 2016 @07:29AM
(#11635185)
> Variable costs are scary, but they are scary because they may change at a future date, not because they are variable.
Pretty sure you are thinking of variable pricing. Variable costs are different. From Wikipedia: "Variable costs are costs that change in proportion to the good or service that a business produces." https://en.wikipedia.org/wiki/Variable_cost