>buy 2nd hand car at 8am for 1BTC = $8000
>seller decides to cash out at 9pm and gets $7000 in hand
Volatility in crypto is impossible to control; thus failing a key requirement to become a currency
Why crypto can NEVER be adopted
Gabriel Lopez
Daniel Nguyen
Hes got a point.
Benjamin Williams
Jcasch
Josiah Myers
Which is why the latest development is good.. that is the stable around $8k pricepoint.
Juan White
upon mass adoption, that shit will slow down to the point that deflation would be a bigger issue.
William Cruz
it might be too crazy right now but people will get used to volatility in no time after adoption
Luke Wood
Volatility decreases with higher market cap.
If BTC had the same market cap as gold, it would be as stable as gold.
Ayden Martinez
>cashing out
You don't get that it is cryptoCURRENCY, don't you?
The same could happen if you wired fucking dollars to pay for something listed in euros.
Justin Collins
What is a contract?
>tfw biz faggots are this stupid
going back to toy where the smart people are
Christian Nelson
Buy a car for £8000, seller spends £8000 but gets £7000 worth of goods due to market fluctuation and inflation.
The dollar is the one fluctuating, 1BTC is always 1 BTC