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by Rebelgecko
1765 days ago
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Are they doing the Tesla method of handling refunds for Bitcoin purchases? That seems like a great way to hedge. e.g. if someone pays in Bitcoin, the seller reserves the right to either return the original BTC OR the original cash value. That way if BTC goes up you can issue refunds in USD, and if BTC tanks you can issue refunds in BTC |
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The number of people who a) buy a Tesla b) in BTC c) and ask for a refund has got to be so small that this doesn't seem like an effective way of hedging against BTC losing value relative to USD.