Quote from: stayeduptolate on March 16, 2018, 08:52:55 PM

Quote from: facenew111 on July 07, 2017, 06:40:42 AM

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. I do believe that bitcoin will not be able to replace fiat currency from the world because firstly, bitcoin is not a stable form of currency because of which its value keeps on fluctuating. Then bitcoin is not governed by any government or any bank because of which its stability further decreases leading to more fluctuations in bitcoins prices.then bitcoin is also not as popular as fiat currency and bitcoin has way more less users than users of fiat currency.

The title of this topic that bitcoin cannot replace the fiat currency in the world or in different countries because price is not stable and it is right, bitcoin cannot supply all the demand of the people in the world because on its price are not stable or volatile. Purchasing with different items using online transactions is limited because not all items you can pay using bitcoin unlike the fiat currencies you can buy anything anytime anywhere and there's no need to use an Internet to purchase any items so bitcoin cannot replace the current fiat system in different countries.