I am new to the crypto currency world and fascinated by its growth. I looked at some of the companies that accept bitcoins for their products. companies accepting bitcoin
Lets say i buy an Xbox from Microsoft for x bitcoins. On the date of buying the x bitcoins correspond to z dollars. After few hours, the bitcoin cost reduced from x to y. (The price is volatile right) How Microsoft will handle this situation? They are ready to take the risk? Or they exchange to dollars or any currency as soon as I buy the product in bitcoin?