Post
Topic
Board Economics
Re: Will we ever live in a cashless society where cryptocurrencies thrive?
by
vv181
on 14/02/2018, 08:05:57 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?
Well, I'm sure in the future the volatility will cease to exist because nowadays the volatility is caused by the people who lack of understanding about BItcoin and have no faith in the cryptocurrencies, they just don't understand how promising cryptocurrency is. Because of that, I believe in the future when BItcoin already been boringly well-understand as financial assets, the price will stabilize.