Post
Topic
Board Economics
Re: Would crypto gain full intrinsic value?
by
Gozie51
on 27/10/2021, 22:49:44 UTC

If we decide to adopt crypto fully as a global legal tender how do we deal with this price fluctuation.

This is the edge fiat and centralized currencies have over crypto and this has made so many shy away from doing legal business transaction using some crypto most especially during bear market. Can this issue get a remedy?

The volatility issue is that factor that I think may not go away easily and is because there is no regulation for the moment so nobody is restricted from buying or selling any amount in a day. Fiat has control through the banks and large amount of transactions  are limited this hopes to control the amount of cash in circulation.