Post
Topic
Board Bitcoin Discussion
Re: Bitcoin too volatile for payment, but what is the problem ?
by
dancingnancy
on 03/06/2018, 20:44:39 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

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.
Volatility is the main reason the price increases so quickly in a short span. Its BTCS advantage and disadvantage. Btc is more of an investment than currency because currencies are stable and btc is not so it would be difficult to find many vendors who are willing to trade with such a volatile system.