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.
In the begin when bitcoin was made, its survival was in reality troublesome yet individuals including the makers and other individuals intrigued by advancing cryptographic money strived to make it a win. Inevitably covering the years through, everybody has seen what a colossal hit bitcoin has been. It is ruling the online market at this moment and has just outperformed other intense worldwide monetary forms including Dollar, Euro, Pound and so on.