Yes it's their fault because they don't offer a currency that allows for stable prices.
The shops price in fiat because prices are relatively stable. Not perfectly stable of course, could be bette, but much more stable than Bitcoin.
Login to reply
Replies (4)
And again - how would you think a new monetary system would evolve?
You really think the way it would is Like:
„Here, I made this new Willynilly-currency: I will set the Price for 100g of bread to 10 Willynillys.“
And everything accepts this and a new currency is born? Really?
No, you need to have network effects and a mechanism to control supply so that the amount in circulation roughly matches the goods and services on offer.
This is really hard so only governments currently can do it.
So it's not a scam anymore then? Or drug money, government will ban, boiling the oceans etc? It's just not widely accepted enough now, is that the new FUD?? Lol
Yeah nah I don't buy the scam/drug/energy aspects. It's just not widely accepted and never will be, lacking a mechanism for stable prices.