Post
Topic
Board Bitcoin Discussion
Re: Why bitcoin can not become a global currency
by
Memminger
on 05/11/2019, 15:16:51 UTC
For Bitcoin to be accepted as a global currency it needs regulations. The bitcoin price volatility is freaking the people out and the governments as well. therefore for bitcoin to be accepted as a global currency the high price volatility must be contained.

I'm not following you here. Are you making two separate points, one about regulation and the other about price volatility, or are you somehow suggesting that price volatility can in some way be contained by regulation? How are these two things connected?
Exactly LOL. This two aren’t connected really. High volatility happens because the market is still young and what I mean by young is that the volume aren’t that huge but in the future which I am optimistic about is that when there are more people who are into Bitcoin or the cryptocurrencies in general then there will be lesser volatility as the price would tend to to be more stable.