Post
Topic
Board Economics
Re: Can Bitcoin Volatility Be Controlled?
by
Kanda Yu
on 08/03/2018, 12:05:17 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?
I don't think so, bitcoin's volatility will always be there no matter what happens and it will be uncontrollable since there's no one who handles it definitely. The only way we can contribute on improving its value is through staying faithful and keep on demanding it continuously. Always be careful on spreading knowledge when it comes to bitcoin and avoid making mistakes on spreading the news about it.