Post
Topic
Board Economics
Re: Why would people ever use bitcoin if its expected to always go up?
by
swiftbits
on 18/08/2021, 20:02:11 UTC

Or is it thought that in this future where there is widespread adoption the price would stop being so volatile and for the most part stabilize?

I actually resonate with this statement.
I guess it would still feel the same as today, even though it will continuously go up, I don't think it would be a bad decision to spend it.
Just in my view, If it is widely adopted and we pay and get paid in bitcoin, the circulation would be better. I think the price will only gradually change.