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Re:"BitHack" Hackathon by Coinbase by ilya89 on Friday February 14, 2014 @02:02PM (#7240327)
Problem there is that you're exposing the participants to volatility risk. if btc drops in price then people might be less likely to participate. Many view bitcoin as a great new technology but its price is still too unstable to actually quote products/prices/prices in. Quote in dollars, delivery bitcoin and everyone wins
Re:"BitHack" Hackathon by Coinbase by Roedou on Friday February 14, 2014 @02:10PM (#7240371)
I guess I imagined that being exposed to volatility risk is something that anyone involved in Bitcoin came to terms with a long time ago.
Re:"BitHack" Hackathon by Coinbase by pkinsky on Friday February 14, 2014 @03:15PM (#7240736)
Yes, but the smart ones learned to minimize their exposure.