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
Unfortunately yes, bitcoin couldn't serve it's intended purpose to be the official currency of the internet because of high volatility rates that bring about a huge amount pf value fluctuations.this doesn't only hurt the chance for bitcoin to become what it is intended to but also the value of bitcoin. A huge amount of price drops over the course of bitcoin's existence could be credited to thid huge pain in the neck.