Quote:
Originally Posted by **********
The main reason is the stability of the value, the exchange rate, and general newness of it. What happens if tomorrow you owe $5000 to an affiliate or model and the value bit coins crashes? Perhaps legally you may still owe that $5k even though you can no longer covert it into usd at the value you expected.
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If you use a payment processor like BitPay you can charge a fixed fee and exchange to USD instantly. So you set it to charge $39.95, it will charge the amount of BitCons that equals $39.95 at that very moment. And you can have it automatically changed to USD right after that, so it doesn't matter what the exchange rate does.