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Re: CRYXbeliever post# 8311

Monday, 01/22/2018 11:45:25 AM

Monday, January 22, 2018 11:45:25 AM

Post# of 18560
It will have zero effect on $ADAC profits of course. No one, not even the most true blue believers in Blockchain currency has their retail prices pegged to a crypto currency. Too volatile obviously. Everyone who accepts crypto pegs the price to a stable fiat currency like US Dollars, or Euro's. Then at checkout, if you wish to pay with crypto the price is converted at the present market rates with any fees or even cushion for volatility that may be necessary. Its no different than if you were a Tokyo resident looking at US based Amazon.com and you wanted to buy computer from someone in Los Angeled and shipped to Japan. You would use your Japanese Mastercard for example, the balance of which is held in Yen, and at checkout the you would be charged the US Amazon price in dollars converted at market rates to Yen and charged to your Japanese Mastercard.
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