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re: Sacramento Kings to accept Bitcoin
Posted on 1/16/14 at 10:17 am to OnTheBrink
Posted on 1/16/14 at 10:17 am to OnTheBrink
Talk about misleading. Transactions will be denominated in dollars, and the exchange risk will be transferred to BitPay. In effect, the Sacramento Kings will accept dollars from BitPay.
1
Posted on 1/16/14 at 2:13 pm to Poodlebrain
I was about to post this topic and add this question
As a dummy to this currency, what is the advantage of doing this? And what exactly is this bit coin currency backed by? What insurance does the consumer, seller, provider have with this?
As a dummy to this currency, what is the advantage of doing this? And what exactly is this bit coin currency backed by? What insurance does the consumer, seller, provider have with this?
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