I read some criticism around Bitcoin, because is too volatile, but this is the reason for the success of this crypto ( and others), imo
Also, why do you need a stable coin ? If you can't pay with Bitcoin for you coffe, who cares ? I mean, it is just like gold, you don't walk around paying with gold, but you know it has value.
I just can't see a clear disadvantage on being too volatile, something that could make ppl loose interest on Bitcoin. I would like to hear opinions on that.
Indeed, if bitcoin wants to be a real world currency then bitcoin must be stable, but I think the more worthy of the world currency is bitcoin, because the volume of bitcoin is set up in such a way without any human intervention the price is only the market that can control it not individuals.
bitcoin is not stable, but because of instability this bitcoin can be utilized by some people.
unlike the case with gold, gold is certain to rise 100% every year. the rise stage can be stable (as opposed to bitcoin) only the time will be longer to get up to 100%.
it's different with bitcoin that can go up and down in an instant, from where people can take advantage of it