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?
Since bitcoin doesn't stable therefore the price varies. With this situation I think if we accept bitcoin as our means of payment then we should also accept that the value of something we bought through bitcoin should not be stable like bitcoin. But for me its not about the value of bitcoin but it's the value of something you bought is the most important so that even though bitcoin go up or down still the value of that thing is stable.