Do you get paid based on spot price of 20/50/200 day moving average?
Discussion
Spot price I think, moving average seems like a good idea.
Until we’re in a hyperbitcoinized world, I think it makes sense in general to set prices in #bitcoin terms (with bitcoin as the preferred payment), but if someone *must* pay you in fiat then calculate the amount in fiat based on the 20/50/200 day moving average.
Of course this also applies in the reverse case if prices/wages are initially denominated in fiat.
Using the moving average reduces risk for both sides; it’s a win-win.
That’s a neat intermediate step on the way to unit of account status.
I'm fortunate to have the reverse case, where I'm paid in bitcoin. I don't know if moving average would help much with big dips like this (assuming it's sustained for more than a couple days). I guess I should probably hedge my bets by selling half right away, but that hurts the DCAer inside me
Same but I’m not selling any
Never heard of an MA price for pay but like the idea. How would that be operational efficient / feasible? I would think the vast majority of people getting paid in BTC would be spot at a specific non disclosed execution time via an otc deal (the whole eligible company at once).