I'm just reading an article in the newspaper. Klaus W. Wellershoff (a last chief in UBS Bank) says that's impossible to use a currency with volatility as money. If the value of the money decrease, that means the value of the merchandise decrease. For example : if you buy a flat with bitcoin and few years later the bitcoin value decrease... Your flat lose his value as well.
What do you think about this argument?
i agree to the articles point regarding this argument ,but it will depend on the mindset and understanding of the receiver of bitcoin or any cryptocurrencies in exchange to his service or products or property i guess
i am glad that cryptocurrency doesnt have the stability of fiat currency
then there will not be something special about holding bitcoin or altcoins