Post
Topic
Board Economics
A cryptocurrency with volatility can't be used as money
by
Dncer
on 09/05/2018, 09:04:40 UTC
I'm just reading an article in the newspaper. Klaus W. Wellershoff (a last chief in UBS Bank) says that's impossible to use a currency with volatility as money. If the value of the money decrease, that means the value of the merchandise decrease. For example : if you buy a flat with bitcoin and few years later the bitcoin value decrease... Your flat lose his value as well.

What do you think about this argument?