Point being your $200 worth of BTC might be $300 tomorrow. But it might also be worth $100 or $0.
Probably also similar to having an account with $200 USD worth of CAD funds you might have received from someone.. never know if that CAD will drop in value tomorrow or go up. Probably wont be as volatile as BTC though. Hah. > On Jan 9, 2021, at 3:33 PM, Matt Hoppes <mattli...@rivervalleyinternet.net> > wrote: > > So then what’s the point? > >> On Jan 9, 2021, at 5:27 PM, Daniel Pautz <d...@webnx.com> wrote: >> >> As a vendor / merchant you would just need to setup one of the systems that >> instantly cashes it out. Don't treat it like a gamble (unless you are into >> that / want to do that). >> >> Dan >> >> -----Original Message----- >> From: AF <af-boun...@af.afmug.com> On Behalf Of Matt Hoppes >> Sent: Saturday, January 09, 2021 3:15 PM >> To: af@af.afmug.com >> Subject: [AFMUG] I don’t understand bitcoin >> >> I had an ex employee who was all about bitcoin. I’ve read about it but still >> don’t understand. >> >> I’ve got money in BTC and LTC because I’ll do anything that makes me money - >> but I don’t understand how bitcoin works. >> >> Why would I accept a payment from you or $200USD worth of bitcoins when >> tomorrow that payment might be worth $100 if the value drops? >> -- >> AF mailing list >> AF@af.afmug.com >> http://af.afmug.com/mailman/listinfo/af_af.afmug.com >> >> >> -- >> AF mailing list >> AF@af.afmug.com >> http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com
