Post
Topic
Board Bitcoin Discussion
Re: Downsides to crypto
by
gabmen
on 05/09/2018, 18:00:01 UTC
If and when cryptocurrency and/or bitcoin becomes the official currency of the world, do you think there will be a downside to it? If so, what do you think the negative effect will be once cryptocurrency becomes a worldwide currency?
no no no, I don't think that will happen.
bitcoin is not suitable to be a world currency, vollatilitas and fluctuations are the main obstacle.

Well there's an "if" In the statement so op probably wants to know in that scenario. Though there's always the challenge of instability. A lot of regulations and arguments would likely take place and that still would be the main challenge for crypto.