Post
Topic
Board Economics
Re: Can Bitcoin Volatility Be Controlled?
by
fleda
on 23/02/2018, 23:43:36 UTC
I have read some posts and some concerns that it is the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin. This can be the main factor why big online shopping stores are not yet adding Bitcoin into their payment facilities (though there is now a circulated petition for this but I doubt if it can make a dent).

Some are really saying that if volatility can be managed then we can see Bitcoin going mainstream. I am wondering then: Is volatility something that we should find a way to control and how do you think it can be done?

No, We cannot control the volatility of bitcoin that's why a lot of business specially online business don't accept bitcoin because of its volatility. There's no way to control it because we are the reason why bitcoin is volatile. So i think it is far to happen that it can be controlled.