Hacker News Reader

What if I have need to send $0.10c tomorrow if BTC is then worth $1000?

Placing the constraint right on the edge of the current value seems like it will just cause a lot of problems as the value continues to fluctuate.

View on HN

The limit will be adjusted if BTC becomes worth thousands.

Yes, I see that they're adding command line flags. I don't really think BTC can be considered so stable at this point that a run up to $1000 and then a drop back down to the low hundreds within a day or two could be considered impossible. And if its value grows beyond even that the fluctuations may swing even wilder in terms of monetary value.

I'd also point out that in much of the world, the local equivalent of $0.01 USD may actually not be a trivially dismissable amount of money.

But I'm not sure it's a bad idea, I just think they chose a very awkward value to peg it at.

Reply on news.ycombinator.com