Post
Topic
Board Economics
Re: Will we ever live in a cashless society where cryptocurrencies thrive?
by
just_Alice
on 05/02/2018, 11:43:49 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.

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?
I don't think that volatility is such a big issue. If the govs would have wanted - the'd figure the way to get through unsteadiness and readjust the market quickly. Also if Bitcoin was used worldwide and legal - it would be more stable. And there always are alternative cryptocurrencies with better stability.