Post
Topic
Board Bitcoin Discussion
Re: Why is bitcoin stability important?
by
snipie
on 31/12/2023, 22:10:49 UTC
I think promoting Bitcoin stability is partly a matter of avoiding the Alcoin crisis, major changes in cryptocurrency activity, high inflation and excessive volatility, and the Alcoin market. Volatility can increase uncertainty, hinder investment, hinder growth in Alcocent.
What is your opinion?

It depends how we see stability and define it. If you look around, there is nothing that is constant. Oil, real estates, bills, cars, food...prices increase most of the time. Even gold does not have a stable amount when we compare it to FIAT.
A car will remain a car, 1 liter of something will alway remain 1 liter, what change is the inflation. Thus, 1 Bitcoin = 1 Bitcoin but since we do not use Bitcoin in our day to day activities then we have to establish a relation with dollars for example and then we have to assume the consequences like instability of the price since it is a normal thing.
Volatility in Bitcoin will remain until we use something else more stable than the banking system offers.