Quote from: BlackHatCoiner on June 23, 2021, 07:08:16 AM

Quote from: Cullly on June 23, 2021, 03:35:27 AM

It doesn't seem right that if a family has their money in bitcoin and can afford their rent and bills one week and the next week some western US bank or 'influencer' decides to dump their holdings or cause FUD and cause a 20% drop and then that family cant pay their rent or have enough for all their food shopping the next week right?

Yes, correct. Although, if I was in one of those countries, I'd definitely not convert all of my holdings to Bitcoin; It just doesn't feel like “global adoption” yet and being dependent from feeding my family with Bitcoin wouldn't feel nice. If the price started getting much less fluctuating, I'd consider it. But, much less!

Quote from: MAESTRor on June 23, 2021, 06:59:54 AM

If say a rent costs 0.00005 BTC, then the rent they pay will be 0.00005 BTC even if the market fluctuates.

Please PM me if you ever find a rent that costs 500 sats! Cheesy

I agree with you, I can't put all my assets in bitcoin, it's too risky because the price is not stable. I will be dizzy if I lose all of it.. I'd better invest it with a ratio of 50: 50. That 50 I will use for other investments.