Post
Topic
Board Bitcoin Discussion
Re: Bitcoin too volatile for payment, but what is the problem ?
by
13abyknight
on 03/06/2018, 16:53:17 UTC
I read some criticism around Bitcoin, because is too volatile, but this is the reason for the success of this crypto ( and others), imo

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.

Big companies like Microsoft and Steam, among others, opted out of accepting Bitcoin mainly due to volatility concerns. The constant fluctuating value means an everlasting plus or minus at any given point of time, and it would be a big headache assigning resources just for the sake of monitoring this.