Post
Topic
Board Bitcoin Discussion
Re: Bitcoin's Volatility Problem
by
aryana42
on 21/04/2023, 01:58:44 UTC
Bitcoin is very volatile, so using it as a business payment method is not a wise idea. Almost no large businesses accept bitcoin for payment, only a few small businesses of bitcoin lovers use it for payment. But I bet the revenue from bitcoin will be insignificant because people are looking at bitcoin as an asset for profit speculation rather than to be used as a currency. Bitcoin is too volatile and no one wants to spend more on purchases.