Quote from: goaldigger on May 17, 2019, 10:45:29 PM

Quote from: Dncer on May 09, 2018, 09:04:40 AM

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?

This somehow's got a point but what if your flat doubles its value? To think that its just a currency like pounds or dollars where the price changes everyday. The only difference is that it changes massively. When the time comes that its an official currency, im sure government would study it better or maybe launch some ICOs for that.

the most basic thing is that not many use bitcoin, so prices are possible to manipulate and cause high fluctuations. but if many governments have given their policies, I think fluctuations can be suppressed