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A comment on Tesla has suspended vehicle purchases using Bitcoin. Parent comment

Re:Tesla has suspended vehicle purchases using Bitcoin by andreilys on Wednesday May 12, 2021 @07:08PM (#27136306)
If Euro/USD goes down by few basis points would one stop selling cars priced in euro?

Btc swings can be +/-20% a day, so not exactly a great comparison.

Also currency hedging is a thing that many companies employ to normalize profits. I’m sure there’s a BTC equivalent for this but the volatility would make it unreliable most likely

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Re:Tesla has suspended vehicle purchases using Bitcoin by ineedasername on Wednesday May 12, 2021 @07:30PM (#27136497)
Stable currencies may move a few basis points from day to day. BTC can move hundreds or thousands of basis points.
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Re:Tesla has suspended vehicle purchases using Bitcoin by myth_buster on Thursday May 13, 2021 @10:35AM (#27142532)
What I'm saying is that they can sell cars in BTC without any volatility exposure. The price going down is not the reason for them deciding against selling cars in BTC but the energy subsidies.
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