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?
my personal insight in this matter is that Bitcoin has high votality and cannot be use as a main currency
to buy or sell actual goods or necessities that we use on a daily basis
anyways for me bitcoin is not a currency its a digital money and a high potential investment