Post
Topic
Board Speculation
Re: Stability the shortest way to public adoptions.
by
exstasie
on 30/10/2018, 20:22:56 UTC
For bitcoin to be used as a store of value and a medium of exchanging for goods and services, It must be stable like others currencies.

I don't think most adoption comes from the currency use case. Becoming a medium of exchange comes after mass adoption, by virtue of the fact that everyone uses and accepts it.

The bubble cycles seem pretty good at encouraging adoption. It's these price cycles that give Bitcoin is exponential price curve, which makes it a pretty attractive investment. As long as the long term trend remains intact, people will continue accumulating (adopting) it.