Post
Topic
Board Economics
Re: If Bitcoin had a stable price, would it still be as popular?
by
melongrass1
on 16/01/2018, 18:35:16 UTC
Of course, eventually much more: it's just its instability that creates a block toward general acceptance.
At present, it's practically useless in normal economy.

It has its benefits and its disadvantages. We would be able to gain a lot more adoption in terms of an actual use case, on the other hand we would lose a lot of the people who are in bitcoin for speculative reasons or treating it like an asset.