Re:It Looks Like Ethereum Is Going to Fork Again
by guiambros on Friday October 14, 2016 @10:01PM
(#12712397)
But changes to international exchange rates don't (immediately) impact your cost of living. If you're paid in bitcoins, and the price goes down, that means you're effectively making less money (in local currency) to pay for food, housing, transportation, etc.
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Re:It Looks Like Ethereum Is Going to Fork Again
by stevekemp on Saturday October 15, 2016 @12:31AM
(#12712717)
It depends where you live and what currencies you use.
I live in Finland, which uses the Euro currency, but I get paid in British pounds sterling. The recent rate crash directly impacts me - when I get paid at the end of the month I literally receive less salary.
(Exactly the same as the poster above, getting paid in Bitcoin if the rates fall.)