Post
Topic
Board Economics
Re: The Risks and Rewards of Cryptocurrencies
by
GideonGono
on 17/11/2019, 15:46:43 UTC
BBC recently did a interview around the volatility of cryptocurrencies. I think we are still so early in this industry but I would love to know your thoughts about where we are going and how you think the landscape will change.

People in the podcast include:

Marc Warne, Founder, Bittylicious
Jemima Kelly, reporter, FT Alphaville
Dave Jevans, CEO, CipherTrace


https://www.bbc.co.uk/sounds/play/m000676m

Today there a lot of websites and country that supports the use of bitcoin or the other cryptos because it is fast and easy to use for the transaction and also less hassle for both party, but like the details said earlier the price of the cryptocurrency is very volatile. It quickly affects the market and the price every time; it is not fair to the workers if the money or the coins given to them are decreasing every time. Its favor of them if the price of the crypto is stable or good, but in fall, it has an impact on their salaries.

That's why I think that was not good for buying product because that was good for keeping in the future because of its volatile, the bitcoin can give you a huge profit in the future by increasing its demand by using introuduce from other country who do not know about bitcoin.