Hacker News new | ask | show | jobs
by dllthomas 4612 days ago
Cost of conversion would be a potential reason.
1 comments
creativeone 4612 days ago
Right, if there are supposedly buyers from abroad who want to buy, we can save money in currency conversions and transfers across borders.
link
dllthomas 4612 days ago
Doesn't even have to be "from abroad" - if a buyer has a stack of bitcoins and I want a stack of bitcoins, going through an exchange is going to be expensive given the pretty broad spreads (if there's even the necessary liquidity).
link