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RE: Could buying a meal with Bitcoins be as simple as swiping a card?

in #cryptocurrency7 years ago

Nice post. I have read and seen quite a bit of TenX, but one of the things unclear to me is how they currently liquidate your Bitcoin amount when you need to pay in USD. So if something costs 2.80 USD at the moment, how will your corresponding .001 XBT you have in position be converted in USD? Via an exchange or some kind of internal liquidity? Anyone know?

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That's actually a really good question. Kinda like the superman movie, they could be moving that smaller number over and keeping it when it ads up as a fee.