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 with it, something similar with inflation, there was times in certain country, mostly after WW II, when a bread for example was couple millions in the national coin. Volatility is bad for the business if you dont have control.