Post
Topic
Board Bitcoin Discussion
Re: What problem does Bitcoin solve?
by
Minor Miner
on 11/11/2022, 02:18:19 UTC
I have a question about when the price of bitcoin will stabilize. Currently if it is used for daily payments, calculating its price varies from day to day, which is troublesome. I'm a rookie and have never been able to figure this out.

Currently, bitcoin is considered the most volatile asset and for investors no one wants it to be stable because once stable it will no longer be profitable for us, only people who use bitcoin as a means of payment expect bitcoin to become stable. But I think with the decentralization of bitcoin, it will be very difficult to stabilize because no one will be able to regulate or control it and the volatility will be determined by supply and demand.

I agree with you, it can be said that using bitcoin as a means of daily payment is quite annoying because the price fluctuates so quickly. I don't know about everyone, but for me, I don't like using bitcoin to pay my daily bills, I like it as an investment.