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@ John
2025-05-16 13:59:32
Ya, but to add some lawyerly nuance, franchises are complicated and each franchisee is its own business with financial obligations to the franchisor so when they collect these in-kind bitcoin payments, I imagine each franchisee has some flexibility with how they treat the bitcoin, i.e., they're obligated to take it under the franchise agreement, but I imagine many of them are immediately liquidating to USD, but some enterprising franchisees might be staaaaaackin' that shit and paying out their obligations in other ways, or maybe the franchisor is hoovering up all the bitcoin first and crediting each franchisee with the market rate at the moment of hoovering.