this post was submitted on 07 Jul 2024
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it would be nice if the price of bitcoin was stable enough that when I sent $100 to somebody it wouldn't be a gamble whether what they actually received was double or half that
I don't care about amount of BTC, I care about amount of dollars. It may also surprise you to learn that I don't care about countries where the currency is so unstable that a currency that can double in value in the space of a few months has it beat.
If bitcoin is going to become usable as a currency, even in niche circles, it has two problems to solve: energy use (three quarters of a megawatt hour per transaction, according to Forbes!) and conversion stability. I don't want keeping money in my wallet to be a high risk investment.