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re: Virgin Galactic to accept Bitcoincs

Posted on 11/22/13 at 9:16 am to
Posted by Specktricity
Lafayette
Member since May 2011
1247 posts
Posted on 11/22/13 at 9:16 am to
He also said that they are immediately converting the payments received into US dollars. So they obviously aren't completely sold on the stability of the currency.

He made it sound like his target market is people who got in early and made a bunch of money, and now want to blow $260,000 on a trip to space.
Posted by Lsut81
Member since Jun 2005
80383 posts
Posted on 11/22/13 at 9:21 am to
quote:

He also said that they are immediately converting the payments received into US dollars. So they obviously aren't completely sold on the stability of the currency.


Which is why they need it to stabilize... Imagine if they accepted 250k USD worth of Bitcoins at $700 a bitcoin for a flight and then bitcoins drop to $200 over night...
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