http://www.marketoracle.co.uk/Article47164.htmlIt is, however, different in that people who are paid in Bitcoin are far more open to fluctuations in the value of Bitcoin since they most probably don’t hedge their Bitcoin holdings. A retailer accepting Bitcoin usually converts the payment to the local currency at the very moment of reception. A worker paid in Bitcoin most probably holds their bitcoins in a wallet which entails exchange rate risk since Bitcoin exchange rates vary and the coins have to be converted to the local currency at some point. In this way, Bitcoin holders are not sure what goods and services they will be able to buy using their coins.
