Quote from: Nathrixxx on Today at 08:44:48 PM

Quote from: BitcoinSterilizer on Today at 06:58:22 PM

solutions that allow shop owners to accept Bitcoin and auto-convert to naira instantly to avoid volatility.

I don't see a reason for business owners to avoid volatility by converting their bitcoin to naira or stablecoin, because we can still earn more from what we are holding if the market rises the more and be in profit, while if the market dumps we may lose, but that is not always permanent because it often rises back and we can from this volatility be selling and buying and go into partial trade converting from Bitcoin to stablecoin and buying again, but it's not a perfect idea that we should convert to naira because of currency devaluation and inflation affecting the fiat economy.

Mr Nathrixxx you need to learn how to finish what someone wrote before you start commenting in other to avoid sounding uneducated.
If you had finished what I wrote you will see the reason why volatility in Bitcoin is a problem for business owners, ok let's imagine you own a supermarket and you bought goods worth 2 million into your supermarket and then within 1 month you have sold goods worth 1.5 million and you also need to restock the supermarket meaning buying more goods because the supermarket is empty since they have bought a lot and let say the people that bought this goods used Bitcoin to purchase and you decide to leave it in Bitcoin and when you now decide to go to market so you can restock your supermarket a dip happened in Bitcoin and your 1.5 million became 1 million what will you do is that not shortage and will you say you won't restock till Bitcoin goes up again and then lose customers, remember is a business and one needs to make things ready and available always.

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