Post
Topic
Board Bitcoin Discussion
Re: bitcoin cannot replace currency in the world because price is not stable
by
rosepetals
on 01/03/2018, 04:10:17 UTC
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
Yes you are right,i think it can be used a s a currency  to be hold for a long term investments,but it can't be used as a currency in the whole world because not all people comfortable with this new trend .Bitcoins price is very unstable and it keeps on changing every single minute and as we all know this is just a normal flow of a cryptocurrency.Fiat is widely used and bitcoin cannot replace it,people keep using it where they were comfortable.