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I don’t think it’s use case for this is very good due to its extreme price volatility. Dai - sure, maybe (if you didn’t have to always convert to USD to buy som
by fossuser 7y ago
I don’t think it’s use case for this is very good due to its extreme price volatility. Dai - sure, maybe (if you didn’t have to always convert to USD to buy something).
This plus bitcoin’s inability to handle transactions in a timely way makes it kind of useless for this.
From the other commenter I think bitcoin as a store of value could be possible, but it’d have to stabilize in the end which remains to be seen. I’m also not sure scarcity itself guarantees value, but I probably just don’t know enough about this.