bitcoin cannot replace currency in the world because price is not stable.
currency should be more stable.
you may reply me. currency is not stable also but you should think
USD currency price is up and down 1-2% in 1 month.
bitcoin price is up and down 20% in 1 month.
what will people think if they just change USD to bitcoin then their money down 10% in 10 minutes?
bitcoin can become stock but cannot become currency
Bitcoin is made to be a global currency and not as stock.
Why is bitcoin so volatile?
Because bitcoin is in a very VERY young stage. The system isn't final yet. There are lots of updates to be made in the future that can determine if bitcoin will continue to be the de-facto of cryptocurrencies or not. Not to mention that we haven't achieved global adoption yet.
The USD has been around since forever. So common sense should tell you that it will be stable compared to crypto that hasn't even been around for more than a decade yet.
Do your own research.
But Google isn't meant to be "Stable". Thought it was just meant to be inflation proof.
OP made some interesting points but he/she needs to understand that Bitcoin was never made to be what he thought it should be.
Guess one day developers could develop a kind of Cryptocurrency that is as stable as Fiat especially the dollars
Yes you are right bitcoin get control on all currency including dollar bitcoin price is much more high then other currency and still its going to high if bitcoin make it centralized so I think in a short time bitcoin replace all currency secondly day by day the users are also going to increase its mean people are showing interest in bitcoin.