Bitcoin too volatile for payment, but what is the problem ?

[kaleemmalik]

I read some criticism around Bitcoin, because is too volatile, but this is the reason for the success of this crypto ( and others), imo

Also, why do you need a stable coin ? If you can't pay with Bitcoin for you coffe, who cares ? I mean, it is just like gold, you don't walk around paying with gold, but you know it has value.

I just can't see a clear disadvantage on being too volatile, something that could make ppl loose interest on Bitcoin. I would like to hear opinions on that.

[zenbook]

It is volatile because it is still in price discovery phase, as all great assets have been before prior to stabilizing.
I personally dont mind the volatility at all. It is superior mean of payment compared to cards, especially over the internet.

[owmivmen]

Do you mean if you use bitcoin to buy something? Yes, the moisturizer until now only a few countries have authorized for payments using bitcoin or altcoin. The main problem is unstable prices and risk of large price reductions.

[BenWhite]

I agree with.
People wouldn't buy coffee for it.

[jet]

There is a bigger issue of bitcoin if ever to use as payment. The main problem is the volatility of the coin. The large reduction would surely give a lot of headache for the establishment.  Payment method is somewhat hassle both parties the sender and the receiver since a strong internet connection is requires to complete the transaction.