Post
Topic
Board Bitcoin Discussion
Re: Bitcoin too volatile for payment, but what is the problem ?
by
Serious475
on 03/07/2018, 09:15:40 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.

I agree that Bitcoin's volatility is the main reason why Bitcoin is successful and many people are using it. People  do not want to receive a volatile currency  that is  why stable coin needed to exist. Also, they are not oriented (no adequate knowledge) about Bitcoin that is why they do not accept that kind of payment.