[craigc]

Yeah. I agree that is not great, but it also is legal language and says “might be less”, not a guarantee. The way I would probably do it is always refund the equivalent U.S. dollar amount of the initial purchase. That may very well be what they plan to do in practice and this is just language to cover them incase they need to make exceptions.

One thing that makes the Tesla case unique is that they plan to hold the Bitcoin they receive _as_ Bitcoin whereas most companies who accept Bitcoin immediately convert it to dollars. So I think they have to have some leeway.

Similar to my other example, if you spend 1 BTC @ $50k to buy a car then the price of Bitcoin crashes to $30k and you ask for a refund, it isn’t feasible for Tesla to pay you 1.6 BTC as your refund cause then you end up with more BTC than you paid initially and Tesla didn’t gain BTC by holding your original amount.

[maxerickson]

Why would you give a large company "some leeway" when entering into a contract with them? Expect them to exercise the language they put in the contract!