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75 sats \ 2 replies \ @OT 21 Aug \ parent \ on: On the Economics of Peer-to-Peer, pt 2: The Stubborn Issue of Indexation bitcoin econ

How would you go about selling something like a house? An agreed upon price or whatever price it is on settlement date? Buying OTC has the same issue.

IMO if you're worried about volatility during the sale, wait till it's 10% higher than the price you're happy with to give yourself a buffer.

also: shitcoin, what...?

I'll try find these later. Probably from Jan/Feb this year. You forgot?

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56 sats \ 1 reply \ @denlillaapan OP 21 Aug

Probably since the process of a big enough sale like a house has plenty of paperwork involved, just average the exchange rate between start/verbal agreement and final pay?

It's not like we've never done large deals across FX before

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25 sats \ 0 replies \ @unboiled 22 Aug

I'm with @OT on this one.

In my opinion, it's on the risk adverse party to arrange and pay for a hedging mechanism. In other words, I do not think the default expectation should be that your risk tolerance is the one both parties need to follow.

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