• sugar_in_your_tea@sh.itjust.works
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    4 days ago

    Vendors can immediately sell upon receipt. And prices rarely change that much in a day, usually it’s a few percent at most (within the credit card fee range), especially for the currencies targeted at actually being currencies instead of scams.

    • MajesticElevator@lemmy.zip
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      4 days ago

      This ^

      Most vendors do frequently sell or convert to stablecoins to avoid this problem, and in times of uncertainty, they often charge more to cover the eventual losses

      • Honytawk@feddit.nl
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        4 days ago

        What is the point of using them if you are expected to switch them to an actual real fiat just to keep your value?