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?
Yes, I agree when the cryptocurrency with volatility can't be used as money. It must be stable. I think when the demand is balance the suplly , it will happen. The crypto will be used as money. Maybe in 2022, I think.