Categories
05. Pros and Cons Uncategorized

High price fluctuations

When seen as a speculative asset, short-term price fluctuations may not look too bothersome but when looked at through the lens of a currency, it becomes apparent why it’s such a major issue. Imagine saving $7000 in bitcoin only to be unable to buy something when you urgently require it because the value has suddenly decreased to $3000. Its high price volatility makes it difficult for consumers to use it as a legitimate form of exchange.

Leave a Reply

Your email address will not be published. Required fields are marked *