For Sale: 29,656.51306529 Bitcoins

Re:For Sale: 29,656.51306529 Bitcoins by SilasX on Thursday June 12, 2014 @07:16PM (#7886577)

That seems like a non-standard usage of "accept". Does everyone who accepts a payment method while hedging it also not count as another vendor who accepts it?

If someone accepts PayPal while insuring against the possibility of not being paid "not accept PayPal"?

If a non-US vendor uses forward/option contracts to maintain cash flow in the local currency, do they "not accept" USD?

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Re:For Sale: 29,656.51306529 Bitcoins by pessimizer on Thursday June 12, 2014 @08:21PM (#7886819)

This doesn't count as insurance, though, because no risk is ever actually held, it's farmed out. The most anti-bitcoin person in the world will accept USD that has been converted from bitcoin by an entity that is actually taking the risk, because by necessity it needs to hold lots of bitcoin reserves just to do business.

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Re:For Sale: 29,656.51306529 Bitcoins by SilasX on Thursday June 12, 2014 @11:05PM (#7887269)

Just like how "The most anti-USD person in the world will accept Yen that has been converted from USD..."

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Re:For Sale: 29,656.51306529 Bitcoins by baddox on Friday June 13, 2014 @02:50AM (#7887677)

If a company keeps most of its money in a bank, do they "not accept" USD?

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