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.
Stability of value is one of the absolute conditions that must be owned by a currency as a payment instrument, and that characteristic is not owned by bitcoin. Some merchants will worry about this because the price changes are very uncertain, just imagine if the price of a currency changes every hour, for example you can buy a sports car at that time then an hour later the price drops dramatically and is only equivalent to the price of a van Of course this will be very detrimental to the merchant.