What spread does your screenshot even show? 0.01? If that then that's 260usd or 1%. Care to enlighten us what the actual spread really is?
Is the spread truly 1%? That can't be, that would be ridiculously high. I never even glanced at anything other than the btc price. No idea but curious now.
It may not cause you anyhardship but it's 600 bucks that you don't have. That's the point I was trying to make. It cost you something to change from bitcoin to fiat. I know it's only 60 basis points but that adds up to 1.2% per round trip. The point of the thread is whether you should be paid in BTC. I'm just saying that because of the volatility of the fiat price of BTC it would be a gamble.
The orderbook (refer to my previous post) shows $2 depth gives you up to $15,800 on the seller offer and a buyer bidder $28,300 worth
Refer to my order book, spread is not 1%, If getting paid in Btc, there is no roundtrip, only 1 side, selling to fiat when necessary for bills and expenses
You are ridiculous. Just because your 5000 dollar account comes out to 50 bucks charges means nothing. That 1% fee to convert ONE WAY amounts to ten thousand dollars on 1 Mil notional. That is outrageously high, no matter how you look at it.
Walk us through your calculation how someone lost 50% of their wealth if they deposited it into us treasury bills 3 years ago and rolled every 3 month. The one who is spreading lies here is exclusively YOU. Inflation did not tick up 50% not even close to 20% in the past 3 years. And stop picking convenient time frames. If you look at inflation long term then it's more along the 3% level.
I was referring to trading bitcoin (context of the past 15 posts) you conveniently change topic and go back to getting paid crypto. Yes then it's one way, but we talked about trading crypto from fiat and back to fiat. You seem to love to jump here and there to suit your rhetoric.