Crypto in Ahs?

[Jobu]

Given how quickly the price of crypto fluctuates, I am surprised that an AH would risk it.

AH: Sends invoice on Friday.
Customer: Pays on Sunday using crypto.
Monday: AH shows up to work, the coin is down 11% from the day before.

So the AH just takes the loss? It seems like it would be a challenge to always be able to immediately convert a crypto payment, but I am not experienced in the ways of crypto and maybe the AHs that take it have a 24-hour alert set up so they never miss it the second one of those payments comes in.

[BobC]

Originally Posted by Jobu

Given how quickly the price of crypto fluctuates, I am surprised that an AH would risk it.

AH: Sends invoice on Friday.
Customer: Pays on Sunday using crypto.
Monday: AH shows up to work, the coin is down 11% from the day before.

So the AH just takes the loss? It seems like it would be a challenge to always be able to immediately convert a crypto payment, but I am not experienced in the ways of crypto and maybe the AHs that take it have a 24-hour alert set up so they never miss it the second one of those payments comes in.

And I would assume/hope that loss doesn't get passed through to the seller/consignors. Unless they actually asked to be paid in crypto.