Anyone care to clarify the bold bit for me. I paid in BTC so are they saying refunds will be at the usd/btc rate on the date I paid. So essentially I get myself full btc payment back.
No, the bolded language is trying to say that the refund amount was set in USD on the day you paid, so you'll get that amount of USD back (i.e. what itod's summary said).
However, that section was added to the purchase agreement
long after we placed our order, so it doesn't (and can't) apply to us. It's pretty simple contract law stuff.
Now, for motivation behind it, that's harder to work out... it could be that they're concerned they'll have to issue refunds and are trying to limit their possible liability (but know nothing about contracts). Or it could be that they're looking at the massive rise in BTC exchange rate and are concerned that will continue and may become a problem for future orders (the only orders to which those terms apply).
In any event, that newly added section
can not apply to us because one party can't unilaterally alter an existing contract's terms.
