bitcoin cannot replace currency in the world because price is not stable.
currency should be more stable.
you may reply me. currency is not stable also but you should think
USD currency price is up and down 1-2% in 1 month.
bitcoin price is up and down 20% in 1 month.
what will people think if they just change USD to bitcoin then their money down 10% in 10 minutes?
bitcoin can become stock but cannot become currency
Sadly but true. Bitcoin is very unstable that although it is classified as a currency it couldn't serve the purpose. There are numerous reasons as to why bitcoin's value is very unstable. Most of which is caused by bitcoin's high volatility rate. Which causes a lot if value fluctuations that makes bitcoin's value fairly unstable. Another is the oftentimes unmet demands for bitcoin which dramatically increases the price but only for a while.