Post
Topic
Board Bitcoin Discussion
Re: What to make bitcoin a popular payment method?
by
Blondy12
on 21/07/2018, 12:04:15 UTC
Bitcoin should become more stable in order to be a popular method of payment. Technically, crypto-currencies are not money, but information blocks. Their value isn`t tied to any economy of the world, and the trade and support of digital cash is carried out constantly and doesn`t depend on standard world trading sessions. Such independence has advantages, but this also frightens, since the price of bitcoin remains unpredictable.
Absolutely right and very well said mate. It will not become a popular method of payment if the value is volatile and it will be hard for the users to use as payments if the prices changes from time to time. As of the moment, bitcoin is ideal for investment only not unless the stability of the value changes in time then users can use it with ease by then.