Post
Topic
Board Economics
Re: Will we ever live in a cashless society where cryptocurrencies thrive?
by
batang_bitcoin
on 05/02/2018, 05:41:54 UTC
In my opinion cryptocurrencies seem too volatile to be used in the future within a cashless society. For example, only a month ago Bitcoin was well above £12,000 and it now sits at around £7,000.
Its not new that bitcoin is volatile and you should be used to this type of situation. The change on its price is silly if someone new will look at it but this how the crypto market goes.
This does not mean I would not like to see it, I would love to be able to spend Bitcoin on Amazon, there have been rumours surrounding this. What are everyone's thoughts?
You can still use bitcoin in Amazon whether its price now is $8,000 or $7,000 the only thing that matters is its value and things that you can buy will be minimal.