Post
Topic
Board Altcoin Discussion
Re: Why aren't cryptocurrencies successful as a medium of payment
by
MigoAmigo
on 19/07/2018, 02:32:19 UTC
Normal fiat currency like USD and EUR is relatively stable and lacks volatility, e.g. the price of a can of Coke hasn't changed much in 10 years.

Crypto is completely different. it's far more volatile and acts like stocks/shares or investments rather than national currencies

If I have holdings of fiat and holdings of shares - which should I use to buy a TV now? the fiat obviously

Why liquidize an investment that could be worth far more in the future over using fiat that will probably be worth approx the same?