Quote from: Jawhead999 on February 09, 2021, 11:39:41 AM

1. Volatility
When you want to buy a clothes, the cost is $100 which valued 0,0022 BTC. After you send it, after 1 day the 0,0022 BTC is worth only for $80... which is you're in loss.

That is why most merchants don't keep bitcoin or other crypto assets. You pay with crypto, but they use a third party that automatically converts the coin into fiat. That way your $100 Bitcoin purchase stays the same (not taking into consideration the volatility and value of fiat currencies).

Quote from: HabBear on February 09, 2021, 11:40:10 PM

There are other tokens that are designed to serve as currencies, properly. Ripple and Lumens are precisely designed for that purpose. Ripple and Lumens may go up in value - i hope they do! - but likely not in the extreme ways we've seen with Bitcoin.

When you say Ripple, I assume you mean XRP. Ripple was worth $3-4 a few years ago and now it's valued between $0.40-0.50. I think that's an extreme sign of volatility as well. Not to mention that the Ripple foundation owns most of the coins, which makes the asset a centralized banking coin. I guess they are now selling their assets because of issues with the SEC.