Post
Topic
Board Economics
Re: Is Bitcoin Worth To Be Currency?
by
deppil
on 03/10/2018, 00:17:06 UTC
More than anything. Crypto currency's weakness as a means of exchanging goods and services is its volatility. A volatile currency won't be adopted by merchants in their businesses. But tthe same volatility is the advantage of crypto currency as an investment. I just hope it becomes stable soon so we can see adoption.

Volatility is not a weakness because in this way the price can grow even more depending on the supply and demand so we can expect higher prices in the future since the statistics in the market is increasing in a fibbonacci sequence.
It can be consider as online banks or the place where we can store our money. Maybe in future when the price stop increasing and become stable not only people but government also accept it as currency and use it in our daily basis.
maybe there will be pros and cons regarding fluctuations can be used as a currency or not? some say it could be because it can also benefit to you. some others are contra because it will make a loss to the buyer or seller. for myself as long as the seller is ready with all the risks. then bitcoin can be used as a currency