Silk Road forums
Discussion => Newbie discussion => Topic started by: Oddworld on February 26, 2013, 01:48 am
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I have a question regarding escrow. I noticed after I had placed an order I had something like $66 in escrow. What would happen if I needed a refund - would I get the same amount of BTC that I spent?
Say I spent 5BTC so had around $100 in escrow then the value of a BTC went up would I get less than 5BTC back? Would be kinda annoying to spend 5BTC then need a refund for any reason and lose out since I doubt the vendor price would have changed.
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that's what hedging is about. If the escrow is hedged, then you would get back the same dollar amount as when you first paid. If it's not hedged, you get the same btc amount as when you first paid.
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