[Osmf-talk] Bitcoin major donation to OSMF

[Frederik Ramm]

Hi,

On 01/12/2018 10:11 PM, Ivo Stankov wrote:
> Is there a general policy to convert bitcoin donations to fiat as soon
> as practicable?

Let's say it's the thing we usually do - it's not written anywhere. And
"practicable" is defined very broadly; until now, we didn't receive a
lot of bitcoin donations and because the conversion is always a little
bothersome we didn't do it too regularly.

Here's our history of BTC->GBP exchanges:

2013-06-04 	5.24 	416.00
2013-12-30 	8.19 	1,574.21
2015-06-24 	5.31 	822.36
2016-10-03 	3.16 	1,492.10
2017-11-30 	1.15 	8,206.80
2018-01-02 	2.64 	27,462.58 			
2018-01-12 	2.99964694 	29,396.75
2018-01-12 	2.99800032 	30,899.37

We'd certainly like to avoid having more than GBP 2000 in BTC for longer
than necessary.

Bye
Frederik

-- 
Frederik Ramm  ##  eMail frederik at remote.org  ##  N49°00'09" E008°23'33"