Thread: End of Crypto?
View Single Post
Old 2 December 2022, 12:32 AM   #390
brandrea
2024 Pledge Member
 
brandrea's Avatar
 
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 73,684
Quote:
Originally Posted by huncho View Post
most likely its similar to crm. they have a bitpay wallet and you get an invoice with the address, send money to it then they convert it to usd and maybe keep a little bit of btc as an investment


Admittedly not knowing much about this, how would he protect against the wild swings in the daily crypto price?

Maybe for folks like me who don’t understand this crypto stuff you could dumb it down

Using a watch that he’s selling for say $20K usd, am I correct in saying I’d pay him one Bitcoin and the extra in cash, or something like that?

I’m just trying to understand how it works is all. Thank you
brandrea is online now